Tuesday, August 27, 2019

10.69% SREI Equipment NCD August 2019 Issue Dates, Rating & Interest Rates

SREI Equipment is coming up with Secured, Redeemable, Non-Convertible Debentures (Secured NCDs). The subscription to start from 19th August 2019. SREI Equipment will offer 10.69% interest rates on the NCDs. SREI Equipment is based in Kolkata. Srei Equipment Finance Limited is one of the leading financier company who provide finance to Construction, Mining and allied Equipment (CME) sector. They also doing finance to IT and allied equipment, Medical and allied equipment, Tippers, Farm equipment and Other assets. The net worth of the company in June 2018 was around 2790 crore approx. The NCDs tenure will be for 1 Year, 2 Years, 3 Years & 5 Years.


SREI Equipment NCD Issue Details:
  • NCD Issue Open: 19 August 2019
  • NCD Issue Close: 18 September 2019
  • NCD Issue Size: Rs.100 Crore
  • Price Band: Rs.1000
  • Interest Rate: Upto 10.65% ** (Annually)
  • Minimum Investment: 10 Bonds (Rs 10,000)
  • Maximum Investment: 1,000 Bonds (Rs 10,00,000)
  • Listing: BSE
SREI Equipment NCD Issue Rating:
  • Brickwork Ratings: "BWR AA" (BWR Double A) (Outlook: Negative)
  • Acuite Ratings: Acuite AA- (Acuite double A minus)
SREI Equipment NCD Issue Listing:
  • NCD Bonds will be list on BSE.
SREI Equipment NCD Issue Promoters:
  • Srei Infrastructure Finance Limited
How to Apply SREI Equipment 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 NCD (August 2019) Issue Tenure & Interest Rates: Details
AnnualQuarterlyAnnualCumulative
13 Months--10.01%
2 Years10.24%10.37%10.26%
3 Years10.41%10.48%10.40%
5 Years10.62%10.69%10.66%

SREI Equipment NCD Lead Manager:

  • Karvy Investor Services Limited
  • SMC Capitals Limited
SREI Equipment NCD (August 2019) Allotment Status:
  • SREI Equipment NCD issue allotment available on karvy.com
NCD Registrar:
Karvy Computershare Private Limited
Karvy Registry House, 8-2-596, St. No. 1,
Banjara Hills, Hyderabad - 500 034
Andhra Pradesh, India
Phone: +91-40-23312454
Email: selfncd5.ipo@karvy.com
Website: https://karisma.karvy.com/
Company Information:
SREI Equipment Ltd
Srei Equipment Finance Ltd
Vishwakarma, 86C, Topsia Road (South),
Kolkata - 700 046,
West Bengal, India
Phone: +91 33 6160 7734
Email: connect@sreibonds.com
Website: http://www.sreiequipment.com/