SREI Equipment Finance NCD Issue December 2018 Details:
- NCD Issue Open: 19 December 2018
- NCD Issue Close: 18 January 2019
- NCD Issue Size: Rs.300 Crore
- Price Band: Rs.1000
- NCD’s: 300,000 of Rs.1000 Each
- Interest Rate: Upto 10.75% ** (Annually)
- Minimum Investment: 10 Bonds (Rs 10,000)
- Maximum Investment: 1,000 Bonds (Rs 10,00,000)
- Listing: BSE, NSE
SREI Equipment Finance NCD Issue Rating:
- Brickworld Ratings: BWR/ AA+ (Stable)
- ACUITE Ratings: ACUITE AA+/ (Stable)
SREI Equipment Finance NCD Issue Listing:
- NCD Bonds will be list on BSE and NSE.
SREI Equipment Finance NCD Issue Promoters:
- Srei Infrastructure Finance Limited
How to Apply SREI Equipment Finance NCD Issue?
You can apply from your existing demat account online and offline. You can apply via downloading form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centres.
SREI Equipment Finance NCD (December 2018) Issue Tenure & Interest Rates:
Tenure | Interest Rate Monthly | Interest Rate Yearly | N.A. |
400 Days Secured | – | 9.85% | 9.81% |
3 Years Secured | 10.25% | 10.29% | 10.25% |
5 Years Secured | 10.52% | 10.53% | 10.50% |
10 Years Unsecured | – | 10.76% | – |
SREI Equipment Finance NCD Lead Manager:
- Edelweiss Capital Limited
- IIFL Holdings Limited
- SREI Capital Markets Ltd
- Tipsons Consultancy Services Private Limited
- Trust Investment Advisors Private Limited
- SREI Equipment Finance NCD issue allotment available on Karvy.com
NCD Registrar:
Karvy Registry House, 8-2-596, St. No. 1,
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: [email protected]
Website: https://karisma.karvy.com/
Company Information:
SREI Equipment Finance Ltd</strong>
Vishwakarma
86 C, Topsia Road (South),
Kolkata 700 046
Phone: +91 336160 7734
Fax: +91 33 22857542
Email: [email protected]
Website: https://www.srei.com
0 Responses
Take the secured options only and split among the two companies ie SREI and Shriram Transport Finance. My experience so far is that they are good wrt all protocols i.e timely payment of interest/principal. However, NCDs should form only a small component of your asset allocation.
Dilemma Dilemma Dilemma… Which one to invest among these two NCD in this January, 2019, SREI Infra or Shriram Transport Finance, both for option of 10 years, Annually Interest, and which one is relatively more safe? 🤔