10.25% Srei Equipment Finance Ltd - D Rated (INE881J08664)

Srei Equipment Finance Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE881J08664, with a face value of ₹10,00,000 rs on 03Jul18 to raise 50 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 Unsecured Debenture is 10.25% UNSECURED SUBORDINATED RATED LISTED REDEEMABEL NON CONVERTIBLE DEBENTURES. SERIES SEFL NCD-2018-B . LETTER OF ALLOTMENT. DATE OF MATURITY 03/05/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 26Jul18. Acuite Ratings And Research Limited has given D rating to this Debenture on 22Oct21. 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.