Procedure to buy NHAI BOND from the primary market / at face value?

General
1

i am aware i can buy the bonds via zerodha on secondary market after they are listed on NSE . but i need to know exact procedure to acquire these bonds from the primary market itself . at its face value . kindly guide .

2

You need to fill in the application form and submit it to the designated banks. 

Check the prospectus - http://www.nhai.org/NHAI%20IM%20FINAL.pdf

Extract from the same -

HOW TO APPLY

Subscribers are required to send the Application Form duly filled along with necessary enclosures to the Collecting Bankers as indicated in the Information Memorandum. The subscribers must complete the application for the Bonds in the prescribed form, and in block letters in English. The completed Application Form must be accompanied by either a Demand Draft or Cheque of the amount as decided by the subscribers and made payable in favour of “National Highways Authority of India” and crossed Account Payee only. Cheques/Demand Drafts may be drawn on any bank including a co- operative bank, which is situated at and is a member or sub-member of the banker’s clearing house located at any collection centre as mentioned in the Information Memorandum. Subscribers in places that do not have any branch of collecting banks, will be required to make payments only through demand drafts payable at any one of the centers mentioned in the Information Memorandum. Demand Draft charges in respect of such subscriber’s applications will be borne by the subscriber. Cash, outstation cheques, money orders, postal orders and stock-invest will not be accepted. NHAI assumes no responsibility for any applications / cheques / demand drafts lost in mail/transit. For detailed instructions, please see the enclosed Application Form and instructions.

And here is the application form -

 http://www.nhai.org/NHAI%20App%20Form%202015-16.pdf

1 Like
3

i have a confusion ,
the attached pdfs say bond is of 10,000 /- and can be bought in these multiples only .
whereas info from RBL bank says bond is of 1000 /- and can bought in multiples of 1000/- each .
now on the secondary market also it is being traded in 1 bond each of 1000 F.V .
kindly guide .

4

Is there any recent update for the same question . any online solution for purchasinh NHAI bonds in primary market