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SREI Equipment NCD Aug 2019 Detail
Issue Open Aug 19, 2019
Issue Close Sep 11, 2019
Issue Size (Base) ₹100.00 Crores
Issue Size (Shelf) ₹400.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE

SREI Equipment NCD Aug 2019 Date & Price

The SREI Equipment NCD Aug 2019 issue opens on Aug 19, 2019, and closes on Sep 11, 2019, for the subscription.

Note that the public issue of NCD is closed early in case it is fully subscribed (base + shelf) before its issue closing day.The allotment is done on a First Come First Serve Basis.

Srei Equipment Finance Ltd NCD IPO dates are as below:

SREI Equipment NCD Aug 2019 Issue Timetable

Bid/Offer Opens OnAug 19, 2019
Bid/Offer Closes OnSep 11, 2019
Record Date
Deemed Date of Allotment

Sorry, SREI Equipment NCD Aug 2019 DRHP PDF Document is not available at this time.

Sorry, SREI Equipment NCD Aug 2019 Red Herring Prospectus is not available at this time.

SREI Equipment NCD Aug 2019 price is set at ₹1000 per NCD.

The NCD's will be issued at a face value of ₹1000 each NCD.

The frequency of payment for SREI Equipment NCD Aug 2019 is Monthly/ Quarterly/ Annual/ Cumulative.

Each application should be for a minimum of 10 NCD's and multiples of 1 NCD thereof.

SREI Equipment NCD Aug 2019 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until Sep 11, 2019. The bid may close earlier in case it is fully subscribed.

Coupon rates for series 1 to 10

  Series 1 Series 2 Series 3 Series 4 Series 5 Series 6 Series 7 Series 8 Series 9 Series 10
Frequency of Interest Payment NA Quarterly Annual NA Monthly Annual NA Monthly Annual NA
Nature Secured
Tenor 1 year 1 month 2 year 3 year 5 year
Coupon Rate For Category I, II and III NA 9.88% 10.25% NA 9.95% 10.40% NA 10.15% 10.65% NA
Amount on Maturity For Category I & II and III Rs 1,109 Rs 1,000 Rs 1,000 Rs 1,216 Rs 1,000 Rs 1,000 Rs 1,346 Rs 1,000 Rs 1,000 Rs 1,660

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 1 year/ 2 year/ 3 year/ 5 year.

SREI Equipment NCD Aug 2019 Issue Size and Subscription Status

The SREI Equipment NCD Aug 2019 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹100.00 Crores
  • NCD Shelf Issue Size: ₹400.00 Crores

Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base issue.

Sorry, The number of shares offered in SREI Equipment NCD Aug 2019 is not available at this time. Please revisit us for latest updates.

No, NRI's are not eligible to apply in this Issue.

The following categories of persons, and entities, shall not be eligible to participate in the Tranche 1 Issue and any Applications from such persons and entities are liable to be rejected: (a) Minors without a guardian name*; (b) Foreign nationals, NRI inter-alia including any NRIs who are (i) based in the USA, and/or, (ii) domiciled in the USA, and/or, (iii) residents/citizens of the USA, and/or, (iv) subject to any taxation laws of the USA; (c) Persons resident outside India; (d) FIIs; (e) FPIs; (f) Qualified foreign investors; (g) Overseas Corporate Bodies; and (h) Person ineligible to contract under applicable statutory/regulatory requirements.

You could check Srei Equipment Finance Ltd NCD Grey Market Premium (GMP Rate) by visiting our Grey Market Price (Message Board).

Note that there is no official source of GMP Rate as they are over-the-counter transactions.

SREI Equipment NCD Aug 2019 Allotment and Listing

The NCD's are proposed to be listed on BSE.

Applicants are allocated NCD's on a First Come First Serve Basis.

The Srei Equipment Finance Ltd Allotment Status is not available online at this time.

The Srei Equipment Finance Ltd NCD listing data are not available. The date is published by the exchange a couple of days before the NCD listing.

It is hard to say at what price SREI Equipment NCD Aug 2019 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Srei Equipment Finance Ltd NCD - Should I apply?

The NCDs proposed to be issued under this Issue have been rated "BWR AA" (BWR Double A) (Outlook: Negative) by Brickwork Ratings India Private Limited ("BRICKWORK") pursuant to letter dated July 05, 2019 and
further revalidated by letters dated July 19, 2019 and August 06, 2019 and Acuite AA- (Acuite double A minus) by "Acuite Rating Limited" ("ACUITE") pursuant to letter dated July 30, 2019. Instruments with a rating of "BWR AA" (BWR Double A) (Outlook: Negative) by BRICKWORK and Acuite AA- (Acuite double A minus) by Acuite are considered to have high degree of safety regarding timely servicing of financial obligations and carry very low credit risk.

Sorry, we do not provide NCD recommendations. But we share a lot of information about SREI Equipment NCD Aug 2019 which could help you with questions like SREI Equipment NCD Aug 2019 buy or not? You should also read SREI Equipment NCD Aug 2019 Analysis from experts and check the daily subscription status.

It depends on many factors like company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, NCD Analysis from experts and follow the subscriptions before you make the decision to apply in an NCD public Issue.

Srei Equipment Finance Ltd NCD listing day gains are unpredictable as depends on many factors on the day listing. It depends on factors like the demand, the market situation on the day of listing, NCD Issue size etc.