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Instrument Details

ISIN: INE872A07UC5

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

24.6785

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

06 Oct 2016

Maturity Date

10 Jun 2021

Perpetual

Yes

Listing Status

Listed

Rating status

D (BRICKWORK Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

SREI EQUIPMENT FINANCE LTD SR-VII LOA 06OT21 FVRS1000 - Defaulted in Redemption
Srei Equipment Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE872A07UC5, with a face value of ₹1,000 rs on 06Oct16 to raise 24.6785 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURE. SERIES VII. LETTER OF ALLOTMENT. DATE OF MATURITY 06/10/2021. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 27Feb20 & on BSE stock exchange on 13Oct16. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given D rating to this Debenture on 23Aug16. This issuer is formerly known as SREI EQUIPMENT FINANCE PRIVATE LTD, SREI INFRA DEV FINANCE PVT LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
D
Default or Expect to Default
D
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Date Verified
23 Apr 2021
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Outlook
-
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Linked to Markets

Bond Rating

D

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Kolkata
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE872A07UC5 issued by Srei Equipment Finance Limited

The instrument name of INE872A07UC5 ISIN is SREI EQUIPMENT FINANCE LTD SR-VII LOA 06OT21 FVRS1000 - Defaulted in Redemption.
Never, as INE872A07UC5 bond issued by Srei Equipment Finance Limited is a Zero-coupon bond.
This INE872A07UC5 bond issued by Srei Equipment Finance Limited has been assigned a credit rating of D by BRICKWORK RATINGS INDIA PRIVATE LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE872A07UC5 bond issued by Srei Equipment Finance Limited is 0%.
The INE872A07UC5 Debenture is issued by Srei Equipment Finance Limited, a Private Sector company.
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