The stock of the company is traded on the National Stock Exchange under the symbol “PFS” and on the Bombay Stock Exchange under the code 533344.
Please write to us at the address below with your name and address if you have any questions or require additional information.
Registrar and Transfer Agent for the Company’s Equity Shares, NCD Series 3, 4, 5, and Infra Bond Series 1 and 2.
Note: KPRISM – Now investors and bondholders can download the mobile app and see their KFINTECH-served portfolios. Check the status of your dividends, obtain yearly reports, update your address, alter or update your bank mandate, and download standard documents. To utilize all of the features on the website and/or the Android mobile app, you must first register.
How do I have my PFS infrastructure bonds redeemed?
- Name of the first holder* Address* PAN Number* Bank Account Information* Mobile Number
- Maturity/Redemption Value (Rs.) TDS is not included in the redemption and interest amounts. The applicable TDS rate may be deducted. Please see Note 3 in the Other Important Instructions section.
What is the purpose of PTC India Financial Services Ltd?
PTC India Financial Services Ltd is a non-banking financial institution in India that is owned and operated by PTC India Ltd. The firm is one of the few in India to offer both equity and debt financing, including short- and long-term loans as well as structured debt financing. They provide a complete suite of services, including providing funding to and investing in private sector Indian power enterprises, including power generation equipment and fuel source projects. The firm offers structured debt financing as well as fund-based and non-fund debt financing, including short- and long-term debt. They provide bridging finance to promoters of power projects in addition to financing project firms. They offer a variety of fee-based services, such as facility and security agent services, as well as consulting services like techno-economic feasibility assessments for power projects in India. They also offer non-fund financial services that add value to greenfield and brownfield projects at various stages of development and expansion. PTC India Financial Services Ltd was established as a public limited company on September 8, 2006. The company was formed as a special purpose investment vehicle to provide total financial services to entities in the energy value chain, including investing in equity and/or extending debt to power projects in generation, transmission, and distribution, as well as fuel sources and related infrastructure such as gas pipelines, LNG terminals, ports, equipment manufacturers, and EPC contractors. In March 2007, they acquired their certificate for the start of their business. The company made its initial investment in India’s first electricity exchange, Indian Energy Exchange Ltd, in 2007-08. In December 2007, the firm entered into a share subscription agreement and shareholders agreement with Goldman Sachs Strategic Investments Ltd and Macquarie India Holdings Ltd, acquiring 22.40 percent of the company’s share capital. The debt financing business was started by the corporation in 2008-09. In July 2008, the company agreed to purchase a 26 percent equity position in Meenakshi Energy Pvt Ltd, which is developing a 270 MW thermal power facility in Andhra Pradesh’s Nellore area. They inked an agreement in August 2008 to take a 26 percent ownership position in Ind-Barath Powergencom Ltd, which is building an 189 MW thermal power plant in Tamilnadu’s Thoothukkudi District. During the 2009-10 fiscal year, the company completed a 6 MW wind generating plant in Karnataka. The company diversified into the new market of Carbon Financing in March 2010. They completed a Carbon Financing transaction in which they offered Upfront Carbon Financing to a 20 MW hydropower project in Orissa in exchange for the advance purchase of Certified Emission Reduction (CER) that the project will generate. They have inked a Memorandum of Understanding (MOU) with Macquarie Bank Ltd., London, for collaboration in the carbon finance business. The Reserve Bank of India granted the company Infrastructure Financial Company (IFC) status in August 2011. They signed the ECB Loan Agreement with DEG Germany in October 2010 for USD 26 million in external commercial borrowings in the form of a term loan. To ensure effective sourcing and crosssell of their financing goods and services, the company plans to increase their principle investment and debt financing businesses, as well as extend their fee-based and other services. The company plans to focus more on its present fee-based services, which include debt facility and security agent services, as well as various consulting services such techno-commercial appraisal services. In the future, they want to enhance their focus on debt syndication activities. By forming joint ventures and/or private equity funds, the company plans to continue to develop strategic alliances with international financial institutions. They are currently looking at joint venture opportunities for the creation of a renewable energy fund. They plan to form strategic collaborations from time to time in order to provide various financial services in India’s power sector.
What are PTC bonds, exactly?
A pass through certificate (PTC) is a certificate issued by an issuer to an investor in exchange for certain mortgage-backed securities held by the issuer. The certificate is similar to securities (such as bonds and debentures) that banks and other companies may issue to investors.
What exactly is PFS?
PFS, based in Diamond Bar, California, is a forward-thinking bookkeeping and tax firm that today serves hundreds of clients across the state. PFS is expanding at a faster rate than ever before, and our goal is to assist our clients in doing the same. GET MORE INFORMATION
Is PTC India a decent stock to invest in?
“The stock has strong support at 18 and is now trading in the 18 to 25 area. Those who own this stock should keep a strict stop loss at 18 levels in their portfolio. Also, any new positions in this counter should be avoided “Choice Broking’s Executive Director, Sumeet Bagadia, remarked
Is PTC India a government-owned firm?
PTC India Ltd. (PTC), India’s premier provider of power trading solutions, was founded in 1999 as a Government of India-led Public-Private Partnership with the primary goal of developing a commercially viable power market.
What exactly is a PTC investment?
Pass-through certificates are fixed-income securities that represent an undivided interest in a pool of federally insured mortgages assembled by a government-sponsored organization such as the Government National Mortgage Association (Ginnie Mae).
What does it mean when a mortgage is securitized?
Servicing is also affected by mortgage securitization. The majority of mortgages are securitized, which means they are sold and pooled together to form a mortgage security that is traded for profit in the capital markets. Mortgage-backed securities, or MBS, are a type of securitization that can come in a variety of shapes and sizes.
What happens to homeowners when their mortgages are securitized? If a mortgage is securitized, it has no effect on homeowners who make timely payments. Although the organization servicing the loan may change when a loan is securitized, the homeowner simply continues to make monthly payments to the servicer.
For homeowners who are having trouble making payments, however, the question of who owns the loan is important. The investor—or the loan’s owner—determines which aid alternatives are accessible to struggling homeowners, as we described in our second video. And each investor has their own set of regulations. Loans securitized through Fannie Mae and Freddie Mac, for example, have different rules than loans securitized through Ginnie Mae. Before a borrower can be offered a loan modification in Ginnie Mae securities, the servicer must purchase the debt from the securitization. This makes it more difficult to offer a modification at a lower interest rate than the market rate. In securitizations without government involvement, the servicer’s loss mitigation toolset is governed by the individual contracts between the parties to the securitization.
Loss mitigation methods were more difficult to implement prior to the housing crisis. As a result, more delinquent homeowners were forced to file for bankruptcy. The development of a more extensive foreclosure prevention toolkit that servicers may employ to help struggling homeowners stay in their homes is one of the crisis’s legacies.
We can help homeowners and provide wealth-building possibilities for a wide spectrum of Americans by encouraging a strong and productive mortgage servicing sector.