SREI Equipment Finance Ltd is coming out with its public issue of Secured, Redeemable, Non Convertible Debentures (NCDs) of face value of Rs. 1000 each aggregating to a total of upto Rs. 250 Cr with an option to retain oversubscription upto 250 Cr aggregating to a total of up to Rs 500 Cr.
The Issue is open for subscription on 3 Jan 2017 and closes on 20 Jan 2017 6 Jan 2017 (Early Close)
Product Note
NCD Issue Highlights -SREI Equipment Finance Ltd
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Specific Term of Issue
Note :
- Subject to Applicable Tax deducted at source (TDS)
- NRI’s are not Allowed to Invest
Cheque Details :
Cheque / DD should be drawn in favour of
” SEFL -NCD II Escrow Account”
About Company
SREI Equipment Finance , one of the leading Non Banking financing companies in the organized equipment financing sector in India with a principal focus on financing infrastructure equipment.
SREI Equipment Finance, provide financial products and services to companies operating in the construction, mining, technology and solutions, healthcare ports and railways, oil and gas, agriculture and transportation sector. Their financial products and services comprise loans, leases, rentals and fee base services
The funds raised through this issue will be utilised by the company for various financing activities including lending and investments, to repay existing liabilities or loans and towards business operations including for capital expenditure, working capital requirement and other general corporate purposes.
SREI Equipment Finance Ltd Range of financial products for Construction & Mining, Technology and Healthcare equipment including:
- Loans for new equipment
- Loans against existing equipment
- Loans for procuring used equipment
- Operating leases for equipment, with both fixed and open residual values
- Loans and leases for imported equipment and cross border transactions
Allotment & Listing Details
Allotment Date : 17 Jan 2017
Listing Date : 20 Jan 2017
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