MANAPPURAM FINANCE LIMITED

PUBLIC ISSUE BY MANAPPURAM FINANCE LIMITED (COMPANY OR ISSUER) OF 1.5

MILLION SECURED, REDEEMABLE, NON-CONVERTIBLE DEBENTURES (THE BONDS)
OF FACE VALUE OF ` 1,000 EACH AGGREGATING TO `1,500 MILLION WITH AN OPTION
TO RETAIN OVER SUBSCRIPTION UPTO ` 1,500 MILLION FOR UPTO 1.5 MILLION BONDS
AGGREGATING TO `3,000 MILLION (OVERALL ISSUE SIZE) (HEREINAFTER REFERRED
TO AS THE ISSUE).
Issue Opens On September 15, 2014
Issue Closes on : October 08, 2014
Lead Manager
ICICI Securities Limited, A K Capital Services
Limited
Registrar:
Credit Rating :
Listing :

Linkintime India Private Limited

CRISIL A+
BSE

10% of the Issue size

ALLOCATION RATIO
CATEGORY II
CATEGORY III
Non Institutional
High Networth
Portion
Individual Portion
20% of the Issue size
20% of the Issue size

Issue Size :

`150.00 Crores + Greenshoe opting `150.00 Crores

Application Size:

` 10,000.00 (10 NCDs)

Retail Investors:

Individual Applicants who have applied for the NCDs for an aggregate
amount not more than ` 5 Lacs in the Issue (including HUFs applying
through their Karta).

Mode of Allotment:

NCDs will be issued in both physical (to the extent permitted) as well as
dematerialised form.

Basis of Allotment:

First come First Serve Basis

Under Subscription:
will be

If there is any under subscription in any Category, priority in Allotments

CATEGORY 1
Institutional Portion

CATEGORY IV
Retail Individual
Investor Portion
50% of the Issue size

given as mentioned below:Retail Individual Investor Portion;

High Networth Individual Portion;
Non Institutional Portion; and
Institutional Portion
Interest on Application Money:
Interest on application monies received which are used towards allotment of Bonds
Company shall pay interest on Application Amounts on the amount Allotted, subject to deduction of
income tax under the provisions of the Income Tax Act, as applicable, to any Applicants to whom
Bonds are allotted (except for ASBA Applicants) pursuant to the Issue from the date of realization of
the cheque(s) or demand draft(s) or from three days from the date of upload of each Application on the

electronic Application platform of the relevant Stock Exchanges whichever is later up to one day prior
to the Deemed Date of Allotment, at the rates of 10.50% per annum, 11.00% per annum, 11.00% per
annum, 11.00% per annum, 11.50% per annum, 11.50% per annum, 11.50% per annum, 11.25% per
annum, 11.25% per annum, 11.25% per annum and 11.50% per annum, for the Series I Bonds, Series II
Bonds, Series III Bonds, Series IV Bonds, Series V Bonds, Series VI Bonds, Series VII Bonds, Series
VIII Bonds, Series IX Bonds, Series X Bonds and Series XI Bonds, respectively, for Allottees under
Categories I, II, III and IV
A tax deduction certificate will be issued for the amount of income tax so deducted.
Interest on application monies received which are liable to be refunded
5% p.a.

Who Can Apply

Category I : Institutional Investors

Public financial institutions specified in Section 2(72) of the Companies Act, 2013, statutory
corporations, scheduled commercial banks, co-operative banks, regional rural banks, multilateral
and bilateral development financial institutions, state industrial development corporations, which are
authorized to invest in the Bonds;
Mutual funds registered with SEBI;
Alternative Investment Fund registered with SEBI;
Insurance companies registered with the Insurance Regulatory and Development Authority;
Provident funds, pension funds, superannuation funds and gratuity funds authorised to invest in the
Bonds;

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.
Category II : Non Institutional Investors
Companies within the meaning of Section 2(20) of the Companies Act, 2013, societies and bodies
corporate registered under the applicable laws in India and authorised to invest in Bonds;
Trusts settled under the Indian Trusts Act, 1882, public/ private charitable/ religious trusts settled
and/or registered in India under applicable laws, which are authorized to invest in the Bonds;
Resident Indian scientific and/ or industrial research organizations, authorized to invest in the
Bonds;
Partnership firms formed under applicable laws in India in the name of the partners, authorized to
invest in the Bonds;
Educational institutions and associations of persons and/or bodies established pursuant to or
registered under any central or state statutory enactment authorized to invest in the Bonds; and
LLPs registered and formed under the LLP Act, authorized to invest in the Bonds.
Category III : High Networth Individual Portion
The following investors applying for an amount aggregating to more than ` 5 lakhs across all Series
of Bonds in the Issue;
Resident Individual Investors; and
Hindu Undivided Families applying through the Karta.

Category IV : Retail Individual Investors

The following investors applying for an amount aggregating up to and including ` 5 lakhs across all
Series of Bonds in the Issue;
Resident Individual Investors; and
Hindu Undivided Families applying through the Karta.

Applications cannot be made by:

minors without a guardian (a guardian who is competent to contract under the Indian Contract
Act, 1872, may apply on behalf of a minor. However the name of the guardian will need to be
mentioned on the Application Form as well);
foreign investors (including NRIs, persons resident outside India, Foreign Institutional
Investors and Qualified Foreign Investors);
venture capital funds and foreign venture capital investors;
overseas corporate bodies (OCBs); and
persons ineligible to contract under applicable statutory or regulatory requirements.