11.90% Srei Equipment Finance Limited - D Rated (INE872A08CA5)

Srei Equipment Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE872A08CA5, with a face value of ₹1,00,000 rs on 12Jan12 to raise 83.92 crores. The debt instrument is issued with a coupon rate of 11.90% and its interest is paid Annually. 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 Unsecured Debenture is 11.90% Unsecured Non-Convertible Subordinated Debt in the nature of Debenture. Letter of Allotment. Date of Maturity 12/01/2022. This instrument is issued in Unknown mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 12Jan12. CARE RATINGS LIMITED has given D rating to this Debenture on 12Jan12. 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.