Bond Directory / SREI EQUIPMENT FINANCE LIMITED

SREI EQUIPMENT FINANCE LIMITED

ACTIVE

9.12% UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE. SERIES IX. LETTER OF ALLOTMENT. DATE OF MATURITY 16/03/2028

ISIN

INE872A08DI6

Copied

Essentials

Coupon Rate (Returns)

9.12%

Rating

BRICKWORK RATINGS INDIA PRIVATE LIMITED

Interest Payment Frequency

MONTHLY

Twelve Times A Year

Maturity after

4 years 3 months

Mar 16, 2028

Face Value

₹1,000

Coupon Type

Simple

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

200 Crores

Issue Price

₹115

Security class

Debentures

Listing details

NSE & BSE

Debenture Trustee

Axis Trustee Services Limited

Issue

Public

Issuer Details

SREI EQUIPMENT FINANCE LIMITED

Business Sector

165

Issuer Nature type

Other

Issuer Ownership

Non PSU

Factors

*Rating Agency -BRICKWORK RATINGS INDIA PRIVATE LIMITED

Issue Size

Large

Rating Category*

D

Tax Saving

No

Issue Type

Public

Coupon Type

Simple

Factors

Issue Size

Large

Rating Category*

D

Tax Saving

No

Issue Type

Public

Coupon Type

Simple

*Rating Agency - BRICKWORK RATINGS INDIA PRIVATE LIMITED

Note: Pursuant to the provisions of Section 193 of Income Tax Act, 1961, as amended, with effect from, 1st April 2023, TDS will be deducted @ 10% on any interest payable on any security issued by a company (i.e. securities other than securities issued by the Central Government or a State Government). The listing of products above should not be considered an endorsement or recommendation to invest. Please use your own discretion before you transact. The listed products and their price or yield are subject to availability and market cutoff times.

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

D

(Feb 05, 2018)

Instruments with this rating are in default or are expected to be in default soon.

Credit Outlook

Not Applicable

Not Applicable

Rating Watch

Not Applicable

Not Applicable

Repayment Priority

Higher the level, higher the priority of investment repayment on default

Subordinate Tier 2

Security with Collateral?

An investment secured with collateral helps

SECURED

UNSECURED

Type of Guarantee

Guarantee of investment by third-party if company defaults

GUARANTEED

NON GUARANTEED

PARTIAL GUARANTEED

What other details I need to know?

Other Important bond related information that can help you with decision making

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

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