We are only conducting Seminars to make Professional Traders. The material published on the blog is of general and educational information only and is not suitable for trading purpose. We do not provide Stock Tips. Please do not make any payment on website. All Material is available Free on the site.

SREI Infrastructure Finance Limited - NCD - 2016

SREI Infrastructure Finance is raising funds through NCD and requirement of funds and Utilisation of Net Proceeds as below-

 a) For the purpose of lending, financing, and for repayment of Loan ; and
 b) For General Corporate Purposes

Rate of interest goes upto 10.04% for 5 years for annual payment. Check SREI  Infra live Price here. Last year they had come with 12% Return NCD. You can consider going for these bonds as these are giving good return and are secured NCD which is always better than unsecured NCD.  ‘Secured’ in nature means that in case of any default on its payment of interest or principal, the bondholders will have the right on certain secured assets of SREI Infra.

Credit Rating & Nature of NCDs – Brickwork Ratings has rated this issue as ‘AA+’. Debt instruments with such a rating are considered to have high degree of safety regarding timely payment of interest and principal.

IssuerSREI Infrastructure Finance Limited
Issue Opens on
Wednesday, 7th September, 2016
Issue Closes on
Wednesday, 28th September, 2016*
Credit Rating
“BWR AA+” by Brickwork
Face Value
Rs 1,000 per NCD
Issue Size
Rs 250 Cr an option to retain oversubscription upto Rs 1,000 Cr
Issue allocation
Institutional - 20%, Non-Insti - 20%, and Individual - 60%
Proposed to be listed on BSE and NSE
Karvy Computershare Private Limited
** The Tranche 1 Issue may close on such earlier date or extended date as may be decided by the Board of Directors of Company or the Finance Committee.

Most Visited Stocks - Click to Visit Link

We Teach and Train our Readers as we want to make sure that Readers become thorough professionals. We do not provide any stock tips. Please do not make any payments. Your joining or reading content is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9