Srei Equipment Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE872A07UZ6, with a face value of ₹1,000 rs on 15May19 to raise 24.0558 crores. The debt instrument is issued with a coupon rate of 10.50% 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 Debenture is 10.50% SECURED RATED LISTED REEDEEMABLE NON CONVERTIBLE DEBENTURE SERIES IV. LETTER OF ALLOTMENT. MATURITY DATE : 15/05/2022. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given D rating to this Debenture on 17Dec18. 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.