11.40% Srei Equipment Finance Limited - D Rated (INE872A07TE3)

Srei Equipment Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE872A07TE3, with a face value of ₹10,00,000 rs on 10Jun14 to raise 30 crores. The debt instrument is issued with a coupon rate of 11.40% 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 11.40% SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURE. OPTION III. LETTER OF ALLOTMENT. DATE OF MATURITY 10/06/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CARE Ratings Limited has given D rating to this Debenture on 10Jun14. 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.