Ennore Port Limited (EPL)

*For category IV - Tranche I series IIB & IIIB option for 15 & 20 years

Issue Highlights:

Issue Opens Tuesday, February 18, 2014 Minimum Application 5 Bonds (Rs. 5,000) (Individually or collectively, across all series of Bonds)
Issue Closes Friday, March 14 , 2014 Annualized Yield
(Retail - Category IV)
8.61% p.a for Tranche I series IB for 10 yrs
9.00% p.a for Tranche I series IIB for 15 yrs
9.00% p.a for Tranche I series IIIB for 20 yrs
Issue Price Rs. 1,000/- per Bond Credit Ratings "ICRA AA" By ICRA
"CARE AA" By CARE

Business Overview:

We are the developer and operator of Ennore Port, India's 12th Major Port under the Ministry of Shipping, Government of India. Our Port is the only major port to adopt the corporate form of management. Ennore Port was developed as a green field project in the east coast of India at a distance of about 20 kilometres to the north of Chennai Port. The Port was declared as a Major Port under the Indian Ports Act, 1908 in March 1999. Ennore Port Limited was incorporated as a company in October, 1999 under the Companies Act 1956. Ennore Port was originally conceived as a satellite port to Chennai Port, primarily to handle thermal coal to meet the requirement of TNEB now known as TANGEDCO. The scope of the Port was expanded taking into account subsequent developments plans of the Government of Tamil Nadu to set up Liquefied Natural Gas ("LNG"), petrochem and naphtha cracker power projects.

Issue Highlights:

Issue Opens Tuesday, February 18, 2014
Issue Closes Friday, March 14 , 2014
Issue Price Rs. 1,000/- per Bond
Face Value Rs. 1,000/- per Bond
Minimum Application 5 Bond (Rs. 5,000) (Individually or collectively, across all series of Bonds)
Rating ICRA AA" By ICRA
"CARE AA" By CARE
Listing On BSE
Registrar Link Intime India Private Limited
Annualized Yield
(Retail - Category IV)
8.61% p.a for Tranche I series IB for 10 yrs
9.00% p.a for Tranche I series IIB for 15 yrs
9.00% p.a for Tranche I series IIIB for 20 yrs
Annualized Yield
(Non Retail -
Category I, II and III)
8.36% p.a Tranche I series IA for 10 yrs
8.75% p.a Tranche I series IIA for 15 yrs
8.75% p.a Tranche I series IIA for 20 yrs

Allotment is on First Come First Serve Basis

Specific terms for each series of Bonds

Options / Series Tranche I Series IA Tranche I Series IIA Tranche I Series IIIA
Coupon rate p.a. for Category I, II, and III 8.36% 8.75% 8.75%
Annualized yield p.a. for Category I, II & III 8.36% 8.75% 8.75%
Options / Series Tranche I Series IB Tranche I Series IIB Tranche I Series IIIB
Coupon Rate p.a. for Category IV 8.61% 9.00% 9.00%
Annualized yield p.a. for Category IV 8.61% 9.00% 9.00%
Frequency of Interest Payment Annual Annual Annual
Minimum Application 5 Bonds (Rs. 5,000) (Individually or collectively, across all series of Bonds)
In Multiples of One Bond (Rs. 1,000/-)
Face Value Rs. 1,000/-
Issue Price Rs. 1,000/-
Tenor 10 Years 15 Years 20 Years
Redemption Date At the end of 10 Years from the Deemed Date of Allotment At the end of 15 Years from the Deemed Date of Allotment At the end of 20 Years from the Deemed Date of Allotment
Redemption Amount (Rs./Bond) Repayment of the Face Value plus any interest that may have accrued at the Redemption Date

Click here to download the prospectus of this Bond Issue.

Who Can Apply

Categories   Reservation for Categories Basis of allocation incase of over subscription
Category I:
(QIB Portion)
  • Public financial institutions specified in Section 2(72) of the Companies Act 2013,
  • Scheduled commercial banks,
  • Mutual funds registered with SEBI,
  • Alternative Investment Fund registered with SEBI ("Alternative Investment Funds") under the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012 ("SEBI AIF Regulations")
  • Multilateral and bilateral Development financial institutions,
  • State industrial development corporations,
  • Insurance companies registered with the Insurance Development and Regulatory Authority ("IRDA")
  • Provident funds with a minimum corpus of Rs. 250 million,
  • Pension funds with a minimum corpus of Rs. 250 million,
  • The National Investment Fund set up by resolution F. No. 2/3/2005-DD-II dated November 23, 2005 of the GoI, published in the Gazette of India,
  • Insurance funds set up and managed by the army, navy, or air force of the Union of India and
  • Insurance funds set up and managed by the Department of Posts, India.
10% of Overall Issue Size On first-come-first-serve basis
Category II:
(Corporate Portion)

Companies within the meaning of Section 2(20) of the Companies Act 2013, limited liability Partnerships registered under the provisions of the Limited Liability Partnership Act, 2008, as amended from time to time ("LLP Act"), statutory corporations, trusts, partnership firms in the name of their respective partners, co-operative banks, regional rural banks, bodies corporate registered under the applicable laws in India and authorised to invest in Bonds along with Major Port Trusts whose board is constituted as a body corporate and other legal entities constituted and/or registered under applicable laws in India that are authorized to invest in Bonds by their respective constitutional and/or charter documents, subject to compliance with respective applicable laws.

20% of Overall Issue Size On first-come-first-serve basis
Category III:
(HNI Portion)

TThe following investors applying for an amount aggregating to more than Rs. 1 million across all Series of Bonds in the Issue

  • Resident Individual Investors
  • Hindu Undivided Families ("HUF") applying through the Karta.
30% of Overall Issue Size On first-come-first-serve basis
Category IV:
(Retail Portion) Individual Investor

The following investors applying for an amount aggregating up to and including Rs. 1 million across all Series of Bonds in the Issue

  • Resident Individual Investors
  • Hindu Undivided Families through the Karta.
40% of Overall Issue Size On first-come-first-serve basis

4 Easy Ways to Apply

Apply on Website
  • Login to Edelweiss.in >> Trade
  • Click on 'IPO' tab
  • Click on Order IPO
  • Click on Apply button next to the EPL Bond option you wish to apply.
  • Enter relevant details like quantity and price and hit the 'Submit' button.
  • Post your confirmation, order will be placed successfully

 

Use Xtreme Trader
  • Login to Xtreme Trader
  • Click on Weblinks on the top menu bar
  • Click on 'IPO'
  • Click on Order IPO
  • Click on Apply button next to the EPL Bond option you wish to apply.
  • Enter relevant details like quantity and price and hit the 'Submit' button.
  • Post your confirmation, order will be placed successfully

Use the Mobile Trader App
  • Login to Edelweiss Mobile Trader
  • Tap on 'IPO' button at the bottom of the App
  • Tap on the "EPL Bond Issue", and hit the "Apply" button
  • Enter relevant details like quantity and price and hit the 'Submit' button
  • Post your confirmation, order will be placed successfully

Call Customer Care to Apply
  • Call up 1800-102-333-5
  • Select your preferred language: Press 1 for English or 2 for Hindi
  • Press 1 to confirm that you are an existing account holder
  • Press 5 to apply in IPO
  • Speak to the customer care executive and provide the REC Option you wish to apply along with Quantity and Price.

 

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Broking services offered by Edelweiss Broking Limited under SEBI Registration No.: INZ000005231 (NSE, BSE and MCX-SX); Name of the Compliance Officer: Mr. Dhirendra P. Rautela, Email ID: Complianceofficer.ebl@edelweissfin.com. Corporate Office: Edelweiss House, Off CST Road, Kalina, Mumbai - 400098; Tel. (022) 4009 4400/ 4088 5757/4088 6278

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