Issue Opens on: October 15, 2010

Issue Closes on: November 2, 2010
L&T INFRASTRUCTURE FINANCE COMPANY LIMITED
Public Issue of Long Term Infrastructure Bonds in the Nature of Secured, Redeemable and
Non-Convertible Debentures
COMPANY OVERVIEW:
ƒ L&T Infrastructure Finance Company Limited, a 100% subsidiary of L&T Finance Holdings Limited, was
incorporated on April 18, 2006 and is registered with the RBI as a systemically important non deposit taking NBFC
and an Infrastructure Finance Company (IFC)
ƒ The Business of the company is primarily to provide financial products and services for customers engaged in
infrastructure development and construction, with a focus on the power, roads, telecommunications, oil and gas
and ports sectors in India
 

BENEFITS OF INVESTING IN THE LONG TERM INFRA BOND:

ƒ The Bonds are issued under the terms of Section 80 CCF of the Income Tax Act, 1961 which offer tax deduction of
up to Rs. 20,000
ƒ The deduction with the investment in these bonds is over and above the tax deduction of Rs. 1,00,000 available
under Section 80 C, 80 CCC and 80 CCD read with Section 80 CCE
ƒ Investors can pledge or create lien on or hypothecate these bonds to avail loans from Scheduled Commercial
Banks, after the lock-in period
ƒ The Bonds can be held in Physical or Dematerialized form

FEATURES OF THE ISSUE:

RATING:
The Bonds have been rated ‘CARE AA+’ by CARE and `LAA+’ by ICRA
ELIGIBLE INVESTORS:
Resident Individuals and HUF

ISSUE STRUCTURE:
ƒ Issue size: Rs. 200 crore with an option to retain an oversubscription of up to Rs. 500 crore
ƒ Listing: On National Stock Exchange of India Limited (NSE)
ƒ Face Value of each Bond: Rs. 1,000
ƒ Minimum Application: Five (5) Bonds and in multiples of one (1) Bond thereafter
ƒ Form: Can be held in Physical or Dematerialized form
ƒ Form for Trading: Bonds can traded on the NSE in dematerialized form only after the Lock-in
ƒ Market Lot: Multiples of one (1) Bond
ƒ Lock-in period: 5 years from the Date of Allotment
• The Investors can exit the holding after the lock-in period, either through the Buyback facility
or the Secondary market
• The Bonds can be pledged or a lien or hypothecation can be created on the Bonds,
to avail loans from Scheduled Commercial Banks, after the lock-in period i.e after 5 years from
the Date of Allotment
ƒ Maturity: 10 years from the Date of Allotment
ƒ Security Cover: 1 time
Option Series 1 Series 2 Series 3 Series 4
Interest Payment Annual Cumulative Annual Cumulative
Coupon Rate 7.75% p.a. 7.75% compounded 7.5% p .a. 7.5% compounded
annually annually
Buyback Option First Working First Working First Working First Working
Day after 7 years Day after 7 years Day after 5 years Day after 5 years
from the Date of from the Date of from the Date of from the Date of
Allotment Allotment Allotment Allotment
Tax Rate YIELD TO THE INVESTORS ON BUYBACK (with Tax Benefits u/s 80CCF)
10.30% 9.86% 9.44% 10.23% 9.86%
20.60% 12.31% 11.36% 13.42% 12.58%
30.90% 15.23% 13.59% 17.20% 15.75%
All investors proposing to participate in the Public Issue of Long Term Infrastructure Bonds by L&T Infrastructure Finance Company Limited should invest on the basis of
information contained in Prospectus filed with Registrar of Companies (ROC), Chennai, Tamil Nadu on October 11, 2010.
Disclaimer of NSE: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Prospectus has been cleared or
approved by NSE nor does it certify the correctness or completeness of any of the contents of the Prospectus. The investors are advised to refer to the Prospectus for the full text
of the "Disclaimer Clause of NSE".
L&T Finance Holdings Limited, (holding company for L&T Infrastructure Finance Company Limited), is proposing, subject to market conditions and other considerations, to
make a public issue of securities (IPO) and has filed a Draft Red Herring Prospectus with the Securities and Exchange Board of India (SEBI). The Draft Red Herring Prospectus
is available on the website of SEBI and the respective websites of the Book Running Lead Managers to the IPO.