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SREI Equipment Finance Ltd NCD (Srei Equipment Finance NCD) Detail

Jan 3, 2017 - Jan 20, 2017

SREI Equipment Finance Ltd (SEFL) is one of the leading non-banking financing companies in the organized equipment financing sector in India with a principal focus on financing infrastructure equipment. SEFL is registered with the RBI as a non-deposit taking systemically important, non-banking financial company ("NBFC").

The company provides financial products and services to companies operating in the construction, mining, technology and solutions, healthcare, ports and railways, oil and gas, agriculture and transportation sectors. Its financial products and services comprise loans, leases, rentals and fee-based services.

Company Promoters:

Srei Infrastructure Finance Limited is the promoter of the company.

Objects of the Issue:

The object of the issue are:

1. Lending/ repayment of loan
2. General Corporate Purposes

Issue Detail:

  »»  Issue Open: Jan 3, 2017 - Jan 20, 2017
  »»  Issue Type: Fixed Price Issue NCD
  »»  Issue Size: 5,000,000 NCD's of Rs. 1000
  »»  Issue Size: Rs. 500.00 Crore
  »»  Face Value: Rs. 1000 Per NCD
  »»  Issue Price: Rs. 1000 Per NCD
  »»  Market Lot: 10 NCD
  »»  Minimum Order Quantity: 10 NCD
  »»  Listing At: BSE


This offer has credit rating of BWR AA+ by Brickworks and SMERA AA/Stable by Smera ratings. These ratings are considered to have high degree of safety regarding timely servicing of financial obligations and carry very low credit risk.


These debt instruments has maturity periods of 400 days, 3 years and 5 years and interest payment options are cumulative, monthly or yearly as per the choice of investors. The coupon rates are ranging from 8.90 per cent to 9.75 per cent. For cumulative scheme, for 400 days under cumulative scheme it offers premium of Rs. 95-97, for 3 years Rs. 305-315 and for 5 years Rs. 575-593 per NCD on maturity depending on category of investors. Post issue its current debt-equity ratio will stand enhanced from 4.83 to 5.03. While it’s top line remains more or less stagnant, its bottom line has shown declining trends from FY 13 onwards that raises concern.

Useful Links

Company Contact Information

SREI Equipment Finance Ltd
86 C, Topsia Road (South),
Kolkata 700 046
Phone: +91 336160 7734
Fax: +91 33 22857542

Srei Equipment Finance NCD Rating

Rating:Rated 5.0 stars

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Srei Equipment Finance NCD Registrar

Karvy Computershare Private Limited
   Karvy House, 46, Avenue 4, Street No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Fax: +91-40-23311968

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Srei Equipment Finance NCD Comments

12. KNIpoInvestor  Jul 31, 2017 11:09:12 AM IST Reply
Why is it down?
11. Madhu Lalji  Feb 8, 2017 2:37:02 PM IST Reply
Invested in srei equipment ncd which closed on 201-17.
alloted the paper ,but in wrong option instead of option ii monthly interest they allotted in option i 400 days.In application clearly written as option ii i.e Monthly interest option now what to do .how to convert in option ii Monthly option.
other wise the amount should be refunded please.
10. avinash dixit  Jan 22, 2017 9:22:49 AM IST Reply
SREI Equipment finance Ltd NCD (9.75%) closed at 984 on BSE on Ist day
9. bipin  Jan 20, 2017 9:22:44 PM IST Reply
listing date
9.1. avinash dixit  Jan 22, 2017 7:57:54 AM IST
Already listed on 20th.
8. Raman Kalra  Jan 18, 2017 11:20:52 AM IST Reply
Got allotment yesterday
8.1. FINVEST  Jan 20, 2017 9:46:32 AM IST
Listing Details please
7. bipin  Jan 16, 2017 9:55:18 PM IST Reply
in retailer confim ncd
6. Jaspreet Singh Oberoi  Jan 16, 2017 6:11:30 PM IST Reply
Any idea on allotment status ?
5. ashok bhandari  Jan 7, 2017 9:45:43 AM IST Reply
Can we submitted through online - Bank
4. Veera  Jan 5, 2017 5:33:27 AM IST Reply
ICICIdirect doesn''t have option to apply this NCD. Why? What are the other means to apply in the NCD..
4.1. Nandakumar K  Jan 5, 2017 10:30:21 AM IST
I called ICICIDirect, they said “we are not offering this NCD – this is the update we got from our risk team”.
The way they operate, a possible reason could be they think customers will opt for this NCD instead of their FDs, so they are not offering this NCD, to limit available options to customers.
4.2. ps sharma  Jan 5, 2017 10:53:21 AM IST
you can apply physically by filling the form and the ncd will be credited to your dmat.
SREI is not paying much for the issue to icici direct thats why they are not providing facility
3. manish  Jan 4, 2017 11:35:41 AM IST Reply
3.1. Nimesh Ariwala  Jan 4, 2017 2:21:56 PM IST
Srei Equi Ncd Total Bids 2652297
Np. of Times Is Subscri.. 1.06
Good For
2. Nimesh Ariwala  Jan 2, 2017 9:40:17 AM IST Reply
Good In,Rate.....
1St Come 1St Out
1. ved prakash  Jan 1, 2017 11:41:28 AM IST Reply
no details are found for duration & rate of interest
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