SREI Infra Fin.Ltd

 SREI Infrastructure Finance Ltd NCD Dec 2013 Interest Rate up to 12.50%

seri SREI Infra Fin.Ltd

Company Profile

• SREI Infrastructure Finance Limited (SREI) is one of the players in the infrastructure space with a 24 year track record of past performance and credentials.

• SREI entered the segment of infrastructure financing in 1989 even before the country’s economy was liberalised, its role was limited to that of construction equipment financier.

• SREI was initially registered with Reserve Bank of India on August 1, 1998 as a deposit taking Non-Banking Financial Company. SREI decided to convert itself in to non-deposit taking NBFC and has been classified as Infrastructure Finance Company (NBFC-ND-SI) w.e.f March 31, 2011. On September 26, 2011, SREI was notified as a Public Financial Institution by the Ministry of Corporate Affairs vide notification dated September 26, 2011.

• The business model of the Company encompasses providing financial products and services for customers engaged in infrastructure development and construction, with particular focus on power, road, telecom, port, oil and gas & special economic zone sectors in India with a medium to long term perspective.

• SREI has a large customer base and over Rs 34,754.12 crores of Consolidated Assets Under Management as at September 30, 2013. SREI Group has a pan-India presence with a network of 198 offices.

• SREI’s standalone disbursements have grown at a CAGR of 43.87% between fiscal 2009 and 2013. SREI Group has registered disbursement for Rs 5,921.90 crores and Rs 15,667.06 crores for period ended September 30, 2013 and year ended March 31, 2013.

• The Total income on a standalone basis for the period ended September 30, 2013 and year ended March 31, 2013 was Rs 885.33 crores and Rs 1,666.47 crores, respectively.

• Loans outstanding (gross of provisions) as at September 30, 2013 were Rs 10,079.05 crores and total disbursements for the period ended September 30, 2013 and year ended March 31 2013 were Rs 1,464.62 crores and Rs 4,717.48 crores, respectively.

Srei Infrastructure Finance Limited has been a pioneer in infrastructure financing in India, steadily contributing towards infrastructural development, and a better tomorrow. Today, we are synonymous with innovative infrastructure financing from customized solutions to marketing programmes.

 In over 24 years of operation, we have empowered more than 30,000 entrepreneurs through our bouquet of services in the infrastructure sector: Infrastructure Project Finance, Advisory and Development, Infrastructure Equipment Finance, Alternative Investment Funds, Capital Market and Insurance Broking.


SREI Infrastructure NCD/Series Details

Issuer
Srei Infrastructure Finance Limited
Type of InstrumentSecured redeemable non-convertible debentures
Mode of IssuePublic Issue
ListingBSE and NSE
Rating of the Instrument‘CARE AA- (Double A Minus)’ (Outlook:Stable) and ‘BWR AA (BWR Double A)’ by BRICKWORK
Issue SizeRs. 100 Crores
Coupon TypeFixed Coupon Rates
Issue Price (per NCD)Rs. 1,000/-
Minimum Application and in multiples
of 1 NCD thereafter
10(ten) NCDs for all the Series of NCDs, taken individually or collectively.
Issue Opening DateDecember 30, 2013
Issue Closing DateJanuary 31, 2014
DepositoryNSDL and CDSL
Debenture TrusteeAxis Trustee Services Limited

Series
I
II
III***
IV
V
VI
VII
Frequency of Interest PaymentAnnuallyCumulativeAnnuallyCumulativeAnnuallyMonthlyAnnually
Category of investor who can applyI,II,IIIII,IIII,II,IIIII,IIII, II, IIIII,IIIII,III
Minimum Application (10 NCDs)Rs. 10000/-Rs. 10000/-Rs. 10000/-Rs. 10000/-Rs. 10000/-Rs. 10000/-Rs. 10000/-
In Multiples ofRs. 1000/-(1 NCD)Rs. 1000/-(1 NCD)Rs. 1000/-(1 NCD)Rs. 1000/-(1 NCD)Rs. 1000/-(1 NCD)Rs. 1000/-(1 NCD)Rs. 1000/-(1 NCD)
Face Value of NCDs (Rs. /NCD)1,0001,0001,0001,0001,0001,0001,000
Issue Price (Rs. / NCD)1,0001,0001,0001,0001,0001,0001,000
Tenor from Deemed Date of
Allotment
2 years2 years3 years3 years5 years5 years5 years
Coupon (%) for Institutional
Investor(s)
11.00%N.A.11.25%N.A.11.50%N.A.N.A.
Coupon (%) for Individual Category11.25%N.A.11.50%N.A.11.75%11.16%Year 1: 12.50%
Year 2: 12.00%
Year 3: 11.50%
Year 4: 11.25%
Year 5: 11.25%
Effective Yield (per annum) for
Institutional Investor(s)
11.00%N.A.11.25%N.A.11.50%N.A.N.A.
Effective Yield (per annum) for
Individual Category
11.25%11.27%11.50%11.51%11.75%11.75%11.77%

Important Information (Instruction)

 

Please take print of the Application Form A4 / A3 paper size.

Attach following document along with the application form : –

1] PAN Card, Address Proof and Cheque Photo Copy attested by the Investor,

2] Bidding is mandatory.

3] Cheque / DD should be drawn in favour of “SIFL – NCD IV Public Issue Escrow Account“”.

4] On First come First Serve Basis.

5] Keep photocopy of application form for your record.

6] Submit / deposit your NCD application form in Listed/ Design Bank Branches after Bidding.

7] To record and track the status/allotment of your application form, send us the Photocopy / soft copy Application Form/ Acknowledgement Slip on our Address or on email id.

8] The actual bond will reflect in your demat account within 8-12 weeks’ time from date of allotment.

9] Free Home Service is available.*

Who can apply / invest ?

1] CATEGORY I (Institutional Category)

Public Financial Institutions, Statutory Corporations, Commercial Banks, Co-operative

Banks , Mutual Funds and Regional Rural Banks which are authorized to invest in NCDs.

 

2 ]CATEGORY II (Non Institutional)

Companies, Public, Private Charitable, religious trusts, Scientific and or industrial research organization

 3] CATEGORY III (Individual)

Resident Indian Individuals. Hindu Undivided Families through the Karta.

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