11.25% Srei Equipment Finance Ltd - D Rated (INE881J08177)

Srei Equipment Finance Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE881J08177, with a face value of ₹10,00,000 rs on 24Jan13 to raise 9 crores. The debt instrument is issued with a coupon rate of 11.25% 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 11.25% UNSECURED SUBORDINATED REDEEMABLE (TIER II) NON-CONVERTIBLE DEBENTURE. DATE OF MATURITY 24/01/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 08Feb13. CARE Ratings Limited has given D rating to this Debenture on 24Jan13. 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.