Srei Equipment Finance Ltd - D Rated (INE881J07EO6)

Srei Equipment Finance Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE881J07EO6, with a face value of ₹1,000 rs on 17Jan17 to raise 500 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 REDEEMABEL NON CONVERTIBLE DEBENTURES. SERIES VII CATEGORY I & II . LETTER OF ALLOTMENT. DATE OF MATURITY 17/01/2022. 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 20Jan17 & on BSE stock exchange on 20Jan17. Acuite Ratings And Research Limited has given D rating to this Debenture on 06Dec16. 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.