10.25% Srei Equipment Finance Ltd - D Rated (INE881J07FP0)

Srei Equipment Finance Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE881J07FP0, with a face value of ₹1,000 rs on 24Jan19 to raise 45.5286 crores. The debt instrument is issued with a coupon rate of 10.25% 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 Secured Debenture is 10.25% SECURED RATED LISTED REDEEMABEL NON CONVERTIBLE DEBENTURES. SEFL -SERIES IV . LETTER OF ALLOTMENT. DATE OF MATURITY 24/01/2022. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 28Jan19. Acuite Ratings And Research Limited has given D rating to this Debenture on 03Dec18. 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.