{"id":6072,"date":"2015-04-07T08:30:37","date_gmt":"2015-04-07T03:00:37","guid":{"rendered":"http:\/\/www.apnaplan.com\/?p=6072"},"modified":"2015-04-07T08:31:15","modified_gmt":"2015-04-07T03:01:15","slug":"10-25-srei-equipment-finance-ncd-april-2015-should-you-invest","status":"publish","type":"post","link":"https:\/\/www.apnaplan.com\/10-25-srei-equipment-finance-ncd-april-2015-should-you-invest\/","title":{"rendered":"10.25% SREI Equipment Finance NCD \u2013 April 2015 \u2013 Should you Invest?"},"content":{"rendered":"<figure id=\"attachment_6073\" aria-describedby=\"caption-attachment-6073\" style=\"width: 300px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-6073\" src=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2015\/04\/SREI-Equipment-Finance-NCD-April-2015-Should-you-Invest-300x173.png\" alt=\"SREI Equipment Finance NCD - April 2015 - Should you Invest\" width=\"300\" height=\"173\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2015\/04\/SREI-Equipment-Finance-NCD-April-2015-Should-you-Invest-300x173.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2015\/04\/SREI-Equipment-Finance-NCD-April-2015-Should-you-Invest.png 574w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-6073\" class=\"wp-caption-text\"><strong>SREI Equipment Finance NCD &#8211; April 2015 &#8211; Should you Invest?<\/strong><\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><strong>SREI Equipment Finance<\/strong> has come out with public issue of non-convertible debentures (NCD) offering up to 10.25% interest rate. The issue opens on April 9 and closes on April 30, 2015.<\/p>\n<p style=\"text-align: justify;\">SREI Equipment Finance is joint venture of SERI and BNP Paribas and deals with financing of Infrastructure equipments in organized sector.<\/p>\n<h2 style=\"text-align: justify;\">SREI Equipment Finance NCD \u2013 Significant Points:<\/h2>\n<ul>\n<li style=\"text-align: justify;\"><strong>Offer Period:<\/strong> April 9 \u2013 April 30, 2015<\/li>\n<li style=\"text-align: justify;\"><strong>Annual Interest Rates for Retail Investors:<\/strong> 9.75% to 10.25% depending on tenure<\/li>\n<li style=\"text-align: justify;\"><strong>0.25% additional interest<\/strong> would be payable to Senior Citizens and SERI \/BNP employees<\/li>\n<li style=\"text-align: justify;\"><strong>Price of each bond:<\/strong> Rs 1,000<\/li>\n<li style=\"text-align: justify;\"><strong>Minimum Investment:<\/strong> 10 Bonds (Rs 10,000)<\/li>\n<li style=\"text-align: justify;\"><strong>Max Investment Limit<\/strong> for Retail Investor: Rs 10 Lakhs<\/li>\n<li style=\"text-align: justify;\"><strong>Credit Rating:<\/strong> \u201cCARE AA\u201d by CARE, \u201cBWR AA\u201d (Outlook Stable) by \u201cBRICKWORK\u201d<\/li>\n<li style=\"text-align: justify;\"><strong>Allotment:<\/strong> First Come First Serve<\/li>\n<li style=\"text-align: justify;\"><strong>Listing:<\/strong> Bonds would be listed on BSE &amp; NSE and will entail capital gains tax on exit through secondary market<\/li>\n<\/ul>\n<blockquote>\n<p style=\"text-align: justify;\"><strong>Also Read<\/strong> \u2013 <a href=\"http:\/\/www.apnaplan.com\/know-ncd-investment-tips-tds-and-taxation\/\">Know NCD \u2013 Investment Tips, TDS and Taxation<\/a><\/p>\n<\/blockquote>\n<h2 style=\"text-align: justify;\">SREI Equipment NCD &#8211; Investment Options:<\/h2>\n<p style=\"text-align: justify;\">There are 9 options of investment in SREI Equipment Finance NCD.<\/p>\n<figure id=\"attachment_6074\" aria-describedby=\"caption-attachment-6074\" style=\"width: 757px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-6074\" src=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2015\/04\/SREI-Equipment-Finance-NCD-April-2015-Investment-Options-1024x433.png\" alt=\"SREI Equipment Finance NCD - April 2015 - Investment Options\" width=\"757\" height=\"320\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2015\/04\/SREI-Equipment-Finance-NCD-April-2015-Investment-Options-1024x433.png 1024w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2015\/04\/SREI-Equipment-Finance-NCD-April-2015-Investment-Options-300x127.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2015\/04\/SREI-Equipment-Finance-NCD-April-2015-Investment-Options.png 1623w\" sizes=\"(max-width: 757px) 100vw, 757px\" \/><figcaption id=\"caption-attachment-6074\" class=\"wp-caption-text\"><strong>SREI Equipment Finance NCD &#8211; April 2015 &#8211; Investment Options<\/strong><\/figcaption><\/figure>\n<h2 style=\"text-align: justify;\">SREI Equipment Finance NCD &#8211; Who can Apply?<\/h2>\n<p style=\"text-align: justify;\">This issue is open to all Indian residents, HUFs and Institutions.<\/p>\n<ul>\n<li style=\"text-align: justify;\">Category I \u2013 Institutional Investors \u2013 20% of the issue is reserved<\/li>\n<li style=\"text-align: justify;\">Category II \u2013 Non-Institutional Investors, Corporates \u2013 20% of the issue is reserved<\/li>\n<li style=\"text-align: justify;\">Category III \u2013 Retail Individual Investors including HUFs \u2013 60% of the issue is reserved<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">However NRIs cannot apply for this NCD.<\/p>\n<h2 style=\"text-align: justify;\">Why you should invest?<\/h2>\n<ol>\n<li style=\"text-align: justify;\">The credit rating is AA which is good for investment purpose<\/li>\n<li style=\"text-align: justify;\">The NCD is secured, which means the above debt is backed by assets of the company<\/li>\n<li style=\"text-align: justify;\">The interest rates are better than your regular FDs<\/li>\n<\/ol>\n<h2 style=\"text-align: justify;\">Why you should not invest?<\/h2>\n<ol>\n<li style=\"text-align: justify;\">The NPA has increased over the last year<\/li>\n<li style=\"text-align: justify;\">The profits of the company declined as compared to the previous year<\/li>\n<li style=\"text-align: justify;\"><a href=\"http:\/\/www.apnaplan.com\/10-8-muthoot-finance-ncd-marchapril-2015-should-you-invest\/\">Muthoot Finance is offering NCD<\/a> with up to 10.8% interest with marginal poor credit rating<\/li>\n<\/ol>\n<h2 style=\"text-align: justify;\">How to Apply?<\/h2>\n<p style=\"text-align: justify;\">If you have Demat account apply through that. It\u2019s the easiest way to apply and also avoids a lot of hassle in terms of KYC and paper work<\/p>\n<p style=\"text-align: justify;\">In case you don&#8217;t have Demat Account, you can download the application form from company site or Financial Institutions and submit to collection centers.<\/p>\n<h2 style=\"text-align: justify;\">Recommendation:<\/h2>\n<ol>\n<li style=\"text-align: justify;\">My recommendation is to<strong> invest some part of your Fixed Income investment in this NCD Issue<\/strong><\/li>\n<li style=\"text-align: justify;\">You should always have <strong>diversified portfolio<\/strong> be it fixed deposit, NCD or equity investment<\/li>\n<li style=\"text-align: justify;\">Its <strong>good idea to remain invested till maturity<\/strong> because liquidity on exchanges is low and hence you would get lower than market value<\/li>\n<\/ol>\n<p style=\"text-align: justify;\"><strong>If you plan to invest in this issue, do it early as most good NCD issues are over-subscribed before the end date.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SREI Equipment Finance has come out with public issue of non-convertible debentures (NCD) offering up to 10.25% interest rate. The issue opens on April 9 and closes on April 30, 2015. SREI Equipment Finance is joint venture of SERI and BNP Paribas and deals with financing of Infrastructure equipments in organized sector. SREI Equipment Finance [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6073,"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":[2755,2756,2757],"uagb_featured_image_src":{"full":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2015\/04\/SREI-Equipment-Finance-NCD-April-2015-Should-you-Invest.png",574,331,false],"thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2015\/04\/SREI-Equipment-Finance-NCD-April-2015-Should-you-Invest-150x150.png",150,150,true],"medium":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2015\/04\/SREI-Equipment-Finance-NCD-April-2015-Should-you-Invest-300x173.png",300,173,true],"medium_large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2015\/04\/SREI-Equipment-Finance-NCD-April-2015-Should-you-Invest.png",574,331,false],"large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2015\/04\/SREI-Equipment-Finance-NCD-April-2015-Should-you-Invest.png",574,331,false],"1536x1536":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2015\/04\/SREI-Equipment-Finance-NCD-April-2015-Should-you-Invest.png",574,331,false],"2048x2048":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2015\/04\/SREI-Equipment-Finance-NCD-April-2015-Should-you-Invest.png",574,331,false],"yarpp-thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2015\/04\/SREI-Equipment-Finance-NCD-April-2015-Should-you-Invest.png",120,69,false]},"uagb_author_info":{"display_name":"Amit","author_link":"https:\/\/www.apnaplan.com\/author\/admin\/"},"uagb_comment_info":0,"uagb_excerpt":"SREI Equipment Finance has come out with public issue of non-convertible debentures (NCD) offering up to 10.25% interest rate. The issue opens on April 9 and closes on April 30, 2015. SREI Equipment Finance is joint venture of SERI and BNP Paribas and deals with financing of Infrastructure equipments in organized sector. SREI Equipment Finance&hellip;","_links":{"self":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/6072"}],"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=6072"}],"version-history":[{"count":0,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/6072\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media\/6073"}],"wp:attachment":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media?parent=6072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/categories?post=6072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/tags?post=6072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}