{"id":7457,"date":"2016-12-25T09:37:59","date_gmt":"2016-12-25T04:07:59","guid":{"rendered":"http:\/\/www.apnaplan.com\/?p=7457"},"modified":"2016-12-31T17:06:54","modified_gmt":"2016-12-31T11:36:54","slug":"srei-equipment-finance-ncd-jan2017","status":"publish","type":"post","link":"https:\/\/www.apnaplan.com\/srei-equipment-finance-ncd-jan2017\/","title":{"rendered":"9.75% SREI Equipment Finance NCD \u2013 January 2017 \u2013 Should you Invest?"},"content":{"rendered":"<figure id=\"attachment_7458\" aria-describedby=\"caption-attachment-7458\" style=\"width: 300px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-7458\" src=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/SREI-Equipment-Finance-NCD-Jan-2017-Should-you-Invest-300x173.png\" alt=\"SREI Equipment Finance NCD - Jan 2017 - Should you Invest\" width=\"300\" height=\"173\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/SREI-Equipment-Finance-NCD-Jan-2017-Should-you-Invest-300x173.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/SREI-Equipment-Finance-NCD-Jan-2017-Should-you-Invest.png 574w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-7458\" class=\"wp-caption-text\"><strong>SREI Equipment Finance NCD &#8211; Jan 2017 &#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 9.75% interest rate. The issue opens on January 3\u00a0and closes on January 20, 2017.<\/p>\n<p style=\"text-align: justify;\">SREI Equipment Finance is joint venture of SERI and BNP Paribas and deals with financing of Infrastructure equipment 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>\u00a0January 3 &#8211; 20, 2017<\/li>\n<li style=\"text-align: justify;\"><strong>Annual Interest Rates for Retail Investors:<\/strong>\u00a08.81% to 9.75% depending on tenure<\/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>\u00a0\u201cBWR AA+\u201d (Outlook Stable) by \u201cBRICKWORK\u201d &amp;\u00a0\u00a0&#8220;AA\/Stable&#8221; by\u00a0SMERA Ratings Limited<\/li>\n<li style=\"text-align: justify;\"><strong>NCD Size:<\/strong> Rs 250 crore with option to retain over-subscription upto\u00a0Rs 500 crore<\/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 7\u00a0options of investment in SREI Equipment Finance NCD.<\/p>\n<figure id=\"attachment_7461\" aria-describedby=\"caption-attachment-7461\" style=\"width: 878px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-7461\" src=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/SREI-Equipment-Finance-NCD-January-2017-Investment-Options.png\" alt=\"SREI Equipment Finance NCD - January 2017 - Investment Options\" width=\"878\" height=\"568\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/SREI-Equipment-Finance-NCD-January-2017-Investment-Options.png 878w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/SREI-Equipment-Finance-NCD-January-2017-Investment-Options-300x194.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/SREI-Equipment-Finance-NCD-January-2017-Investment-Options-768x497.png 768w\" sizes=\"(max-width: 878px) 100vw, 878px\" \/><figcaption id=\"caption-attachment-7461\" class=\"wp-caption-text\"><strong>SREI Equipment Finance NCD &#8211; January 2017 &#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 30% 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 50% 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+\/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 <a href=\"http:\/\/www.apnaplan.com\/highest-interest-rate-on-bank-fixed-deposits-fd\/\">interest rates are 2% higher than your regular FDs<\/a><\/li>\n<\/ol>\n<blockquote><p>Also Read:\u00a0<a href=\"http:\/\/www.apnaplan.com\/highest-interest-rate-on-recurring-deposits-rd\/\">Highest Interest Rate on Recurring Deposits<\/a><\/p><\/blockquote>\n<h2 style=\"text-align: justify;\">Why you should not invest?<\/h2>\n<ol>\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;\">You can also invest in\u00a0<a href=\"http:\/\/www.apnaplan.com\/company-fixed-deposit\/\">high rated company fixed deposits<\/a><\/li>\n<\/ol>\n<h2 style=\"text-align: justify;\">How to Apply?<\/h2>\n<p style=\"text-align: justify;\">You can apply online by ASBA facility provided by banks. It\u2019s the easiest way to apply and also avoids a lot of hassle in terms of KYC and paper work.<\/p>\n<blockquote>\n<p style=\"text-align: justify;\"><strong>Learn:\u00a0<\/strong><a href=\"http:\/\/www.apnaplan.com\/ipo-asba\/\">How to apply for NCD issues using ASBA?<\/a><\/p>\n<\/blockquote>\n<p style=\"text-align: justify;\">In case you don&#8217;t want to do it online, you can <a href=\"https:\/\/www.srei.com\/pdf_download\/mpdf\/ncd-srei\/ncd_sifl.php\" target=\"_blank\" rel=\"noopener\">download the application form<\/a> 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 9.75% interest rate. The issue opens on January 3\u00a0and closes on January 20, 2017. SREI Equipment Finance is joint venture of SERI and BNP Paribas and deals with financing of Infrastructure equipment in organized sector. SREI Equipment Finance NCD [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7458,"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\/2016\/12\/SREI-Equipment-Finance-NCD-Jan-2017-Should-you-Invest.png",574,331,false],"thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/SREI-Equipment-Finance-NCD-Jan-2017-Should-you-Invest-150x150.png",150,150,true],"medium":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/SREI-Equipment-Finance-NCD-Jan-2017-Should-you-Invest-300x173.png",300,173,true],"medium_large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/SREI-Equipment-Finance-NCD-Jan-2017-Should-you-Invest.png",574,331,false],"large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/SREI-Equipment-Finance-NCD-Jan-2017-Should-you-Invest.png",574,331,false],"1536x1536":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/SREI-Equipment-Finance-NCD-Jan-2017-Should-you-Invest.png",574,331,false],"2048x2048":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/SREI-Equipment-Finance-NCD-Jan-2017-Should-you-Invest.png",574,331,false],"yarpp-thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/12\/SREI-Equipment-Finance-NCD-Jan-2017-Should-you-Invest.png",120,69,false]},"uagb_author_info":{"display_name":"Amit","author_link":"https:\/\/www.apnaplan.com\/author\/admin\/"},"uagb_comment_info":2,"uagb_excerpt":"SREI Equipment Finance has come out with public issue of non-convertible debentures (NCD) offering up to 9.75% interest rate. The issue opens on January 3\u00a0and closes on January 20, 2017. SREI Equipment Finance is joint venture of SERI and BNP Paribas and deals with financing of Infrastructure equipment in organized sector. SREI Equipment Finance NCD&hellip;","_links":{"self":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/7457"}],"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=7457"}],"version-history":[{"count":0,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/7457\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media\/7458"}],"wp:attachment":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media?parent=7457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/categories?post=7457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/tags?post=7457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}