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10.75% Srei Equipment Finance Ltd - D Rated (INE881J07FU0)
ActivePrivate SectorSecured
Instrument Details
ISIN: INE881J07FU0
Face value
₹1,000
Coupon rate
10.75%
Payment
Annually
Tax Type
Taxable
Issue Size (Cr)
300
Instrument Type
Debenture
Returns
High
Date of Issue
24 Jan 2019
Maturity Date
24 Jan 2029
Perpetual
Yes
Listing Status
Unlisted
Rating status
D (Acuite 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 LTD SERIES IX 10.75 LOA 24JN29 FVRS1000
Srei Equipment Finance Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE881J07FU0, with a face value of ₹1,000 rs on 24Jan19 to raise 300 crores. The debt instrument
is issued with a coupon rate of 10.75% 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 CAN BE USED. 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. 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.
Rating (Debt Quality)
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
24-Jan-19 : Your investment
₹10,750
24-Jan-20 : Interest
₹10,750
24-Jan-21 : Interest
₹10,750
24-Jan-22 : Interest
₹10,750
24-Jan-23 : Interest
₹10,750
24-Jan-24 : Interest
₹10,750
24-Jan-25 : Interest
₹10,750
24-Jan-26 : Interest
₹10,750
24-Jan-27 : Interest
₹10,750
24-Jan-28 : Interest
₹10,750
24-Jan-29 : Interest
₹2,07,500
24-Jan-29 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹1,07,500)
Summary
Instrument Attributes
Value
Coupon Rate
10.75%
Returns
High
Bond Rating
D
Seniority in Repayment
None
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Kolkata
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Srei Equipment Finance Ltd
FAQs about INE881J07FU0 issued by Srei Equipment Finance Ltd
What is the instrument name of INE881J07FU0 ISIN?
The instrument name of INE881J07FU0 ISIN is SREI EQUIPMENT FINANCE LTD SERIES IX 10.75 LOA 24JN29 FVRS1000.
How frequently is the interest paid on INE881J07FU0 bond issued by Srei Equipment Finance Ltd?
The interest earned from INE881J07FU0 bond issued by Srei Equipment Finance Ltd is paid Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE881J07FU0 bond issued by Srei Equipment Finance Ltd?
This INE881J07FU0 bond issued by Srei Equipment Finance Ltd has been assigned a credit rating of D by Acuite Ratings And Research Limited, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE881J07FU0 bond issued by Srei Equipment Finance Ltd?
This Debenture offers a coupon rate of 10.75%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE881J07FU0 Debenture?
The INE881J07FU0 Debenture is issued by Srei Equipment Finance Ltd, a Private Sector company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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