AN INTRODUCTION:
Canara Bank is also one of the leading Merchant Bankers in India, offering specialized services to Banks, PSUs, State owned Corporations, Local Statutory bodies and Corporate sector.
We are SEBI registered Category I Merchant Banker to render Issue Management (Public / Rights / Private Placement Issues), Underwriting, Consultancy and Corporate Advisory Services etc.
We also hold SEBI registration Certificate to act as "Bankers to an Issue" with network of exclusive Capital Market Service Branches and over 100 designated CBS Branches to handle collecting / Refund / Paying Banker assignments.
We do undertake "project appraisals" with linkage to resource raising plans from Capital Market/ Debt Markets and facilitate tie-ups with Banks / Financial Institutions and Potential Investors.
Our uniqueness is extending services under single window concept covering the following areas:
- Merchant Banking
- Commercial Banking
- Investments
- Bankers to Issue - Escrow Bankers
- Underwriting
- Loan Syndication
As leading Merchant Bankers in India, we have associated with issues ranging from Rs.1 crore to Rs.1500 crores, involving various types of industries, banks, statutory Bodies etc. and have an edge in handling Private Placement issues – both retail & HNIs.
SPECTRUM OF SERVICES:
- Equity Issue (Public/Rights) Management
- Debt Issue Management
- Private Placements
- Project Appraisals
- Monitoring Agency Assignments
- IPO Funding
- Security Trustee Services
- Agriculture Consultancy Services
- Corporate Advisory Services
- Mergers and Acquisitions
- Buy Back Assignments
- Share Valuations
- Syndication
- ESOS Certification
ISSUE MANAGEMENT SERVICES:
- Project Appraisal
- Capital structuring
- Preparation of offer document
- Tie Ups (placement)
- Formalities with SEBI / Stock Exchange / ROC, etc.
- Underwriting
- Promotion /Marketing of Issues
- Collecting Banker / Banker to an issue
- Post Issue Management
- Refund Bankers
- Debenture Trusteeship
- Registrar & Transfer Agency (our Subsidiary)
We constantly update the list of Potential Investors - Institutions, Provident, Pension & Gratuity Funds, High Net Worth Individuals and others and continuously assess their investment appetites and help issuers in effective marketing of the products.
CONTACT INFORMATION:
For any other information, please contact any of the following persons in the dedicated teams of our Merchant Banking Divisions / Capital Market Service Branches:
CORPORATE MERCHANT BANKING DIVISION,
PRIME CORPORATE CREDIT WING,
HEAD OFFICE,
112, J C ROAD,
BANGALORE-560 002 |
MR. G SURESH KUMAR ASSISTANT GENERAL MANAGER
MR. K R S MURTHY
SENIOR MANAGER |
080- 22130071
080- 22233771 |
sureshkumarg@canbank.co.in
hocmbd@canbank.co.in
E-mail ID for Investor Grievances: investorcmbd@canbank.co.in |
MERCHANT BANKING DIVISION,
VERMA CHAMBERS, MEZZANINE FLOOR,
11, HOMJI STREET, FORT,
MUMBAI – 400 001 |
MR. K.S. PRASANNA
DIVISIONAL MANAGER |
022- 22677405 |
mbdcomcity@canbank.co.in |
MERCHANT BANKING DIVISION,
DCM BUILDING,
16, BARAKHAMBA ROAD,
NEW DELHI-110 001 |
MR. S.P. VERMA
MANAGER |
011- 23323891 |
mbdcodel@canbank.co.in
shivapriyaverma@canbank.co.in |
MERCHANT BANKING DIVISION,
PRIME CORPORATE BRANCH,
GR. FLOOR, SPENCER TOWER-I,
770 A, ANNA SALAI,
CHENNAI-600002 |
MR. B. ANAND
MANAGER |
044-28497011 |
mbdcochn@canbank.co.in
anand_b@canbank.co.in |
CAPITAL MARKET SERVICE BRANCH, JEEVAN BHARTI BUILDING, TOWER-II, SANSAD MARG,
NEW DELHI-110 001 |
MR. KANSAL C R
SENIOR MANAGER |
011- 23356864 |
del2471@canbank.co.in |
| CAPITAL MARKET SERVICE BRANCH, VERMA CHAMBERS, GF, 11, HOMJI STREET, FORT, MUMBAI-400 001 |
MR. K. YESHWANT MALLYA
SENIOR MANAGER |
022- 22692973 |
mcity2422@canbank.co.in |
CAPITAL MARKET SERVICE BRANCH, NARAYAN CHAMBER,
GROUND FLOOR,
NEHRU BRIDGE CORNER, ASHRAM ROAD,
AHMEDABAD-380 009 |
MR. ANAND GARG
MANAGER |
079- 26578837 |
ahd2496@canbank.co.in |
"INVESTMENT OPPORTUNITY IN "54 EC CAPITAL GAINS TAX EXEMPTION BONDS"
The Capital Gain Bond Issues of Rural Electrification Corporation of India Ltd. (REC Ltd) and National Highway Authority of India (NHAI) are at present open for Subscription.
FOR WHOM:
This Investment opportunity suits those for whom Capital Gain arises from the transfer of long term capital assets. The Investment in these Bonds is to be made within six months from the date of such transfer of capital assets (Land/House Property etc.) for being exempted from Capital Gains Tax. (Benefits under section 54EC of IT Act, 1961).
Please find furnished below the HIGHLIGHTS of the above issues:
| Credit Rating |
'AAA' Stable by CRISIL/
'LAAA' by ICRA,
'CARE AAA' by CARE
'AAA (ind)' by Fitch Ratings |
"AAA/stable" by CRISIL
"AAA/ind" by Fitch Ratings and "AAA" by CARE. |
| Face Value |
Rs.10,000/- per Bond |
Rs.10,000/- per Bond |
| Issue Price |
Rs.10,000/- per Bond |
Rs.10,000/- per Bond |
| Issue Opening Date |
28.05.2008 |
11.05.2009 |
| Issue Closing Date |
31.03.2010 (REC reserves the right to close the issue by giving a prior notice of 5 days in any two leading National dailes) |
31.03.2010 or on an early date as decided by NHAI |
| Mode of Issue |
Private Placement |
Private Placement |
| Minimum Application Size |
One Bond of Rs.10,000/- and in multiples of one Bond thereafter |
Five Bonds of Rs.10000/- each (Rs.50000/-) and in multiple of one Bond thereafter. |
| Maximum Application Size |
500 Bonds of Rs.10,000/- each.(Rs.50,00,000.00) |
500 Bonds of Rs.10,000/- each.(Rs.50,00,000.00) |
| Mode of Subscription |
100% on application |
100% on application |
| Cheque / Draft to be drawn in the name of |
"RURAL ELECTRIFICATION CORPORATION LTD - 54EC BONDS" |
"NATIONAL HIGHWAYS AUTHORITY OF INDIA" |
| Deemed Date of Allotment |
Last day of each month in which the subscription money is received and credited in REC account |
Last day of each month for Application money cleared and credited in NHAI’s Collection account. |
| Tenor |
3 Years |
3 Years |
| Redemption/Maturity |
At par, at the end of 3 Years from the deemed date of allotment. |
At par, at the end of 3 Years from the deemed date of allotment. |
| Lock in period |
3 Years |
3 Years |
| Transfer |
Non-Transferable. |
Non-Transferable. |
| Trustee |
IDBI Trusteeship Services Ltd, Mumbai. |
Syndicate Bank, New Delhi |
| Registrars |
RCMC Share Registry Pvt Ltd.,
B-106, Sector-2, NOIDA
U.P.-201301
Ph.: 0120-4015880-81,
Fax : 0120 - 2444346
E-mail : rcmc@dimensioni.net |
M/s Beetal Financial & Computer Services (P) Ltd., "Beetal House", 3rd floor, 99, Madangir, Behind Local Shoppng Centre, New Delhi – 110 062. PH: 011-29961281-83. Fax: 011-29961284.
e-mail: beetal@beetalfinancial.com |
| Interest Payment |
Annual |
Annual |
| Coupon Rate |
6.25% (w.e.f. 01.11.2008) payable annually |
6.25% (w.e.f. 01.11.2008)
payable annually |
| Repayment on Maturity at the end of 3 years (Rs) |
Rs.10,000/- per bond |
Rs.10,000/- per bond |
| Documents to be provided by all Investors |
- Self attested copy of PAN (In case of Joint application, self attested PAN copy of all applicants) or Form 60
- Photo copy of cancelled cheque for ECS facility.
- Address Proof
|
- Self attested copy of PAN (In case of Joint application, self attested PAN copy of all applicants) or Form 60
- Photo copy of cancelled cheque for ECS facility.
- Address Proof
|
For further information / Application forms, contact our MBDs/CMSBs listed under contact information.
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