PUBLIC ISSUE BY INFRASTRUCTURE
DEVELOPMENT FINANCE COMPANY LIMITED ('COMPANY' OR 'ISSUER') OF LONG TERM INFRASTRUCTURE
BONDS OF FACE VALUE OF RS. 5,000 EACH, IN THE NATURE OF SECURED, REDEEMABLE, NON-CONVERTIBLE
DEBENTURES, HAVING BENEFITS UNDER SECTION 80CCF OF THE INCOME TAX ACT, 1961 (THE
'BONDS'), NOT EXCEEDING RS. 50,000.0 MILLION FOR THE FINANCIAL YEAR 2011-2012 (THE
'SHELF LIMIT'). THE BONDS WILL BE ISSUED IN ONE OR MORE TRANCHES SUBJECT TO THE
SHELF LIMIT FOR THE FINANCIAL YEAR 2011-2012 UNDER THE SHELF PROSPECTUS FILED WITH
THE ROC, STOCK EXCHANGES AND SEBI ON SEPTEMBER 29, 2011 AND THE RESPECTIVE TRANCHE
PROSPECTUS. THE THIRD TRANCHE OF BONDS (THE 'TRANCHE 3 BONDS') FOR AN
AMOUNT NOT EXCEEDING RS. 37,000 MILLION SHALL BE ISSUED ON THE TERMS SET
OUT IN THE SHELF PROSPECTUS AND THIS PROSPECTUS - TRANCHE 3 (THE 'ISSUE').
THE ISSUE IS BEING MADE
PURSUANT TO THE PROVISIONS OF SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE AND
LISTING OF DEBT SECURITIES) REGULATIONS, 2008, AS AMMENDED (THE 'SEBI DEBT REGULATIONS').