SREI Equipment Finance NCD Issue Dates, Rating & Interest Rates

By Jagat Joshi
July 18, 2017
12:25 pm
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By Jagat Joshi
July 18, 2017

SREI Equipment Finance Ltd (SEFL) is one of the non-banking finance company provides financial products and services to companies who are in construction, mining, tech and solutions, healthcare, ports and more. The financial shows 149 crore PAT for March 2017 which looks good compare to 2015 and 2016 while it is less than 2014 which was around 225 crore. Revenues are down while PAT is up for last 2-3 years.

SREI Equipment Finance NCD Issue Details:

NCD Issue Open: 17 July 2017
NCD Issue Close: 31 July 2017
NCD Issue Size: Rs.1000 Crore
Price Band: Rs.1000 Each
Interest Rate: Upto 9.92% ** (Annually)
Minimum Investment: 10 Bonds (Rs 10,000)
Listing: BSE, NSE

SREI Equipment Finance NCD Issue Rating: (Secured & Unsecured)

SMERA: “SMERA/AA+ (stable)
Brickwork Ratings: BWR/AA+ (stable)

SREI Equipment Finance NCD Issue Listing:

NCD Bonds will be list on BSE and BSE.

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 centers.

SREI Equipment Finance NCD Issue Tenure & Interest Rates:

Tenure	Interest Rate / Monthly	Interest Rate / Yearly	Call Option
5Ye. 3Mo.	9.25% / 9.65%	9.30% / 9.33%	No
7 Years	9.35% / 9.75%	9.40% / 9.42%	No
10 Years	9.50% / 9.92%	9.55% / 9.57%	No

SREI Equipment Finance NCD Lead Manager:

A.K. Capital Services Limited
SPA Capital Advisors Ltd
Edelweiss Capital Limited

NCD Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: [email protected]
Website: http://karisma.karvy.com

Company Information:
SREI Equipment Finance Ltd
‘Vishwakarma’
86 C, Topsia Road (South),
Kolkata 700 046
Phone: +91 336160 7734
Fax: +91 33 22857542
Email: [email protected], [email protected]
Website: https://www.srei.com/companies/srei-ventures/sefl

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

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Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.