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SREI Equipment Finance Ltd NCD (SREI Equipment Finance NCD Jan 2017) Detail

January 3, 2017 - January 20, 2017
SREI Equipment Finance Ltd Logo

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.

SREI Equipment Finance NCD Jan 2017 Detail

Issue Open January 3, 2017 - January 20, 2017
Security Name SREI Equipment Finance Ltd
Security Type
Issue Size (Base) Rs 500.00 Crores
Issue Size (Shelf) Rs [.] Crores
Issue Price Rs 1000 per NCD
Face Value Rs 1000 each NCD
Minimum Lot size 10 NCD
Market Lot 10 NCD
Listing At BSE
Credit Rating
Payment Frequency
Basis of Allotment First Come First Serve Basis

NCD Allocation Ratio

Category ? NCD's Allocated
Category 1 0%
Category 2 0%
Category 3 0%

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


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

SREI Equipment Finance NCD Jan 2017 Prospectus

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Company Contact Information

SREI Equipment Finance Ltd
86 C, Topsia Road (South),
Kolkata 700 046

Phone: +91 336160 7734

SREI Equipment Finance NCD Jan 2017 Registrar

Kfin Technologies Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000


12. KNIpoInvestor     Link|July 31, 2017 11:09:12 AM
Why is it down?
11. Madhu Lalji     Link|February 8, 2017 2:37:02 PM
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     Link|January 22, 2017 9:22:49 AM
SREI Equipment finance Ltd NCD (9.75%) closed at 984 on BSE on Ist day
9. bipin     Link|January 20, 2017 9:22:44 PM
listing date
9.1. avinash dixit     Link|January 22, 2017 7:57:54 AM
Already listed on 20th.
8. Raman Kalra     Link|January 18, 2017 11:20:52 AM
Got allotment yesterday
8.1. FINVEST     Link|January 20, 2017 9:46:32 AM
Listing Details please
7. bipin     Link|January 16, 2017 9:55:18 PM
in retailer confim ncd
6. Jaspreet Singh Oberoi     Link|January 16, 2017 6:11:30 PM
Any idea on allotment status ?
5. ashok bhandari     Link|January 7, 2017 9:45:43 AM
Can we submitted through online - Bank
4. Veera     Link|January 5, 2017 5:33:27 AM
ICICIdirect doesn''t have option to apply this NCD. Why? What are the other means to apply in the NCD..
4.1. Nandakumar K     Link|January 5, 2017 10:30:21 AM
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     Link|January 5, 2017 10:53:21 AM
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     Link|January 4, 2017 11:35:41 AM
3.1. Nimesh Ariwala     Link|January 4, 2017 2:21:56 PM
Srei Equi Ncd Total Bids 2652297
Np. of Times Is Subscri.. 1.06
Good For
2. Nimesh Ariwala     Link|January 2, 2017 9:40:17 AM
Good In,Rate.....
1St Come 1St Out
1. ved prakash     Link|January 1, 2017 11:41:28 AM
no details are found for duration & rate of interest

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