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Instrument Details

ISIN: INE872A07PZ6

Face value

₹1,000

Coupon rate

9.15%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

0.8462

Instrument Type

Bond

Returns

High

Date of Issue

22 Mar 2012

Maturity Date

22 Mar 2027

Perpetual

Yes

Listing Status

Unlisted

Rating status

D (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

SREI EQUIPMENT FINANCE LIMITED SR-3 9.15 BD 22MR27 FVRS1000
Srei Equipment Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE872A07PZ6, with a face value of ₹1,000 rs on 22Mar12 to raise 0.8462 crores. The debt instrument is issued with a coupon rate of 9.15% 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 Secured Bond is 9.15% Secured Non-Convertible Long Term Infrastructure Bond. Series-3. Date of Maturity 22/03/2027. This instrument is issued in Private Placement mode. It has Simple coupon type with Not Applicable option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given D rating to this Bond on 22Mar12. 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 Bond. 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
04 Mar 2024
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Outlook
No Outlook
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Seniority in Repayment
None
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Security
Secured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
22-Mar-12 : Your investment
₹9,150
22-Mar-13 : Interest
₹9,150
22-Mar-14 : Interest
₹9,150
22-Mar-15 : Interest
₹9,150
22-Mar-16 : Interest
₹9,150
22-Mar-17 : Interest
₹9,150
22-Mar-18 : Interest
₹9,150
22-Mar-19 : Interest
₹9,150
22-Mar-20 : Interest
₹9,150
22-Mar-21 : Interest
₹9,150
22-Mar-22 : Interest
₹9,150
22-Mar-23 : Interest
₹9,150
22-Mar-24 : Interest
₹9,150
22-Mar-25 : Interest
₹9,150
22-Mar-26 : Interest
₹9,150
22-Mar-27 : Interest
₹2,37,250
22-Mar-27 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹1,37,250)

Summary

Instrument Attributes

Value

Coupon Rate

9.15%

Returns

High

Bond Rating

D

Seniority in Repayment

None

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 INE872A07PZ6 issued by Srei Equipment Finance Limited

The instrument name of INE872A07PZ6 ISIN is SREI EQUIPMENT FINANCE LIMITED SR-3 9.15 BD 22MR27 FVRS1000.
The interest earned from INE872A07PZ6 bond issued by Srei Equipment Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE872A07PZ6 bond issued by Srei Equipment Finance Limited has been assigned a credit rating of D by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 9.15%, which determines the periodic interest payments made to bondholders.
The INE872A07PZ6 Bond is issued by Srei Equipment Finance Limited, a Private Sector company.
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