{"id":4302,"date":"2013-04-06T08:41:58","date_gmt":"2013-04-06T03:11:58","guid":{"rendered":"http:\/\/www.apnaplan.com\/?p=4302"},"modified":"2015-04-08T10:15:53","modified_gmt":"2015-04-08T04:45:53","slug":"srei-infrastructure-finance-ltd-ncd-april-2013-review","status":"publish","type":"post","link":"https:\/\/www.apnaplan.com\/srei-infrastructure-finance-ltd-ncd-april-2013-review\/","title":{"rendered":"SREI Infrastructure Finance Ltd NCD \u2013 April 2013 Review"},"content":{"rendered":"<p style=\"text-align: justify;\">SREI Infrastructure Finance Ltd one of the leading infrastructure companies in India has come out with Secured Redeemable Non Convertible Debentures (NCDs) of Rs 75 crore with over-subscription of additional Rs 75 crore.<\/p>\n<h3 style=\"text-align: justify;\">SREI Infrastructure Finance Ltd NCD \u2013 Significant Points:<\/h3>\n<ul>\n<li><strong>Offer Period:<\/strong> April 4 \u2013 April 25, 2013<\/li>\n<li><strong>Annual Interest Rates for Retail Investors:<\/strong><\/li>\n<\/ul>\n<ul>\n<ul>\n<li>10.35% (Quarterly) or 10.75% (Annually) for 3 Years<\/li>\n<li>11.00% for 5 Years<\/li>\n<li>The money doubles in 6 Years 6 Months (11.24% annual interest)<\/li>\n<\/ul>\n<li><strong style=\"text-align: justify;\">Price of each bond:<\/strong><span style=\"text-align: justify;\"> Rs 1,000<\/span><\/li>\n<li><strong style=\"text-align: justify;\">Minimum Investment:<\/strong><span style=\"text-align: justify;\"> 10 Bonds (Rs 10,000)<\/span><\/li>\n<li><strong style=\"text-align: justify;\">Max Investment Limit for Retail Investor:<\/strong><span style=\"text-align: justify;\"> Rs 10 Lakhs<\/span><\/li>\n<li><strong style=\"text-align: justify;\">Credit Rating:<\/strong><span style=\"text-align: justify;\"> \u2018CARE AA-&#8216; by CARE and \u2018BWR AA\u2019 by Brickwork<\/span><\/li>\n<li><strong style=\"text-align: justify;\">Allotment:<\/strong><span style=\"text-align: justify;\"> First Come First Serve<\/span><\/li>\n<li><strong style=\"text-align: justify;\">Listing:<\/strong><span style=\"text-align: justify;\"> Bonds would be listed on BSE and will entail capital gains tax on exit through secondary market<\/span><\/li>\n<li><strong style=\"text-align: justify;\">Loan against NCDs:<\/strong><span style=\"text-align: justify;\"> The Company, at its sole discretion, subject to applicable statutory and\/or regulatory requirements, may consider granting of a loan facility to the holders of NCDs against the security of such NCDs<\/span><\/li>\n<\/ul>\n<figure id=\"attachment_4305\" aria-describedby=\"caption-attachment-4305\" style=\"width: 700px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4305\" src=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/04\/SREI-Infrastructure-Finance-Ltd-NCD-\u2013-April-2013-Review.jpg\" alt=\"SREI Infrastructure Finance Ltd NCD \u2013 April 2013 Review\" width=\"700\" height=\"192\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/04\/SREI-Infrastructure-Finance-Ltd-NCD-\u2013-April-2013-Review.jpg 700w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/04\/SREI-Infrastructure-Finance-Ltd-NCD-\u2013-April-2013-Review-300x82.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><figcaption id=\"caption-attachment-4305\" class=\"wp-caption-text\"><strong>SREI Infrastructure Finance Ltd NCD \u2013 April 2013 Review<\/strong><\/figcaption><\/figure>\n<h3 style=\"text-align: justify;\">SREI Infrastructure Finance Ltd NCD &#8211;\u00a0Investment Options:<\/h3>\n<p style=\"text-align: justify;\">The\u00a0SREI Infrastructure Finance Ltd NCD has following six series options for investments:<\/p>\n<figure id=\"attachment_4304\" aria-describedby=\"caption-attachment-4304\" style=\"width: 831px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-4304 \" src=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/04\/SREI-Infrastructure-Finance-Ltd-NCD-Investment-Options.png\" alt=\"SREI Infrastructure Finance Ltd NCD - Investment Options\" width=\"831\" height=\"312\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/04\/SREI-Infrastructure-Finance-Ltd-NCD-Investment-Options.png 1187w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/04\/SREI-Infrastructure-Finance-Ltd-NCD-Investment-Options-300x112.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/04\/SREI-Infrastructure-Finance-Ltd-NCD-Investment-Options-1024x383.png 1024w\" sizes=\"(max-width: 831px) 100vw, 831px\" \/><figcaption id=\"caption-attachment-4304\" class=\"wp-caption-text\"><strong>SREI Infrastructure Finance Ltd NCD &#8211; Investment Options<\/strong><\/figcaption><\/figure>\n<h3 style=\"text-align: justify;\"><span style=\"font-size: 1.17em;\">SREI Infrastructure Finance Ltd NCD &#8211;\u00a0<\/span><span style=\"font-size: 1.17em;\">Who can Apply?<\/span><\/h3>\n<p style=\"text-align: justify;\">The investors have been divided into 3 categories of investors as in the table below:<\/p>\n<figure id=\"attachment_4303\" aria-describedby=\"caption-attachment-4303\" style=\"width: 787px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-4303 \" src=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/04\/SREI-Infrastructure-Finance-Ltd-NCD-Category-of-Investors.png\" alt=\"SREI Infrastructure Finance Ltd NCD - Category of Investors\" width=\"787\" height=\"158\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/04\/SREI-Infrastructure-Finance-Ltd-NCD-Category-of-Investors.png 1311w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/04\/SREI-Infrastructure-Finance-Ltd-NCD-Category-of-Investors-300x60.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/04\/SREI-Infrastructure-Finance-Ltd-NCD-Category-of-Investors-1024x206.png 1024w\" sizes=\"(max-width: 787px) 100vw, 787px\" \/><figcaption id=\"caption-attachment-4303\" class=\"wp-caption-text\"><strong>SREI Infrastructure Finance Ltd NCD &#8211; Category of Investors<\/strong><\/figcaption><\/figure>\n<h3 style=\"text-align: justify;\">Why you should invest?<\/h3>\n<ol style=\"text-align: justify;\">\n<li>The interest offered is 1 \u2013 2% higher than the bank fixed deposit<\/li>\n<li>The interest rates are on a downward trend, so further decrease in interest rates would give capital appreciation on these bonds<\/li>\n<li>This NCD is secured and has good credit rating, which means relatively lower risk<\/li>\n<\/ol>\n<p><span style=\"color: #0000ff;\"><strong><span style=\"text-decoration: underline;\">Also Read:<\/span>\u00a0<a href=\"http:\/\/www.apnaplan.com\/50-best-bank-fixed-deposit-schemes-march-2013\/\">50 Best Bank Fixed Deposit Schemes<\/a><\/strong><\/span><\/p>\n<h3 style=\"text-align: justify;\">Why you should not invest?<\/h3>\n<ol style=\"text-align: justify;\">\n<li>Though this NCD can be sold anytime on BSE, but the liquidity is usually low. So you might not get right price if you want to sell urgently<\/li>\n<li>The interest on NCD is fully taxable according to the tax slab you fall in<\/li>\n<\/ol>\n<h3 style=\"text-align: justify;\">Useful Tips:<\/h3>\n<ol style=\"text-align: justify;\">\n<li>No TDS (Tax deduction at source) is deducted when the NCDs are held in demat account.<\/li>\n<\/ol>\n<h3 style=\"text-align: justify;\">About SREI Infrastructure Finance Ltd:<\/h3>\n<p style=\"text-align: justify;\">Srei Infrastructure Finance Limited (SIFL) incorporated in 1985 and having it\u2019s headquarter at Kolkata is primarily engaged in financing of infrastructure projects and equipments. Apart from Infrastructure Financing, SIFL is also engaged in infrastructure project development and provides advisory services.<\/p>\n<h3 style=\"text-align: justify;\">SREI Infrastructure Finance Ltd NCD &#8211;\u00a0Application Form:<\/h3>\n<p style=\"text-align: justify;\">You can download the application form for\u00a0SREI Infrastructure Finance Ltd NCD \u2013 April 2013 from here.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SREI Infrastructure Finance Ltd one of the leading infrastructure companies in India has come out with Secured Redeemable Non Convertible Debentures (NCDs) of Rs 75 crore with over-subscription of additional Rs 75 crore. SREI Infrastructure Finance Ltd NCD \u2013 Significant Points: Offer Period: April 4 \u2013 April 25, 2013 Annual Interest Rates for Retail Investors: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4305,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[31,30,194],"tags":[2275,2276,2277],"uagb_featured_image_src":{"full":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/04\/SREI-Infrastructure-Finance-Ltd-NCD-\u2013-April-2013-Review.jpg",700,192,false],"thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/04\/SREI-Infrastructure-Finance-Ltd-NCD-\u2013-April-2013-Review-150x150.jpg",150,150,true],"medium":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/04\/SREI-Infrastructure-Finance-Ltd-NCD-\u2013-April-2013-Review-300x82.jpg",300,82,true],"medium_large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/04\/SREI-Infrastructure-Finance-Ltd-NCD-\u2013-April-2013-Review.jpg",700,192,false],"large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/04\/SREI-Infrastructure-Finance-Ltd-NCD-\u2013-April-2013-Review.jpg",700,192,false],"1536x1536":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/04\/SREI-Infrastructure-Finance-Ltd-NCD-\u2013-April-2013-Review.jpg",700,192,false],"2048x2048":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/04\/SREI-Infrastructure-Finance-Ltd-NCD-\u2013-April-2013-Review.jpg",700,192,false],"yarpp-thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2013\/04\/SREI-Infrastructure-Finance-Ltd-NCD-\u2013-April-2013-Review.jpg",120,33,false]},"uagb_author_info":{"display_name":"Amit","author_link":"https:\/\/www.apnaplan.com\/author\/admin\/"},"uagb_comment_info":0,"uagb_excerpt":"SREI Infrastructure Finance Ltd one of the leading infrastructure companies in India has come out with Secured Redeemable Non Convertible Debentures (NCDs) of Rs 75 crore with over-subscription of additional Rs 75 crore. SREI Infrastructure Finance Ltd NCD \u2013 Significant Points: Offer Period: April 4 \u2013 April 25, 2013 Annual Interest Rates for Retail Investors:&hellip;","_links":{"self":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/4302"}],"collection":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/comments?post=4302"}],"version-history":[{"count":0,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/4302\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media\/4305"}],"wp:attachment":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media?parent=4302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/categories?post=4302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/tags?post=4302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}