SREI Equipment Finance is coming up with another NCD after 9 months. The offer will be around 300 crore and the interest rates up to 10.76% yield. SREI Equipment Finance is a leading non banking finance company. They came with NCD issue in April 2018 then the offer interest rate was 9.60% per annum. SREI Equipment Finance focuses on financing infrastructure investment. The company is registered with RBI as non-banking financial company (NBFC). They offers comprise loans, leases, rentals and fee based services to construction, mining, technology and solutions, healthcare, ports and railways, oil and gas, agriculture and transportation sectors.
SREI Equipment Finance NCD Issue December 2018 Details:
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:
SREI Equipment Finance NCD Lead Manager:
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
- 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
- Brickworld Ratings: BWR/ AA+ (Stable)
- ACUITE Ratings: ACUITE AA+/ (Stable)
- NCD Bonds will be list on BSE and NSE.
- Srei Infrastructure Finance Limited
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% | - |
- Edelweiss Capital Limited
- IIFL Holdings Limited
- SREI Capital Markets Ltd
- Tipsons Consultancy Services Private Limited
- Trust Investment Advisors Private Limited
SREI Equipment Finance NCD (December 2018) Allotment Status:
NCD Registrar:- SREI Equipment Finance NCD issue allotment available on Karvy.com
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
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? 🤔
ReplyDeleteTake 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.
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