{"id":7621,"date":"2017-01-26T23:18:15","date_gmt":"2017-01-26T17:48:15","guid":{"rendered":"http:\/\/www.apnaplan.com\/?p=7621"},"modified":"2017-01-26T23:18:15","modified_gmt":"2017-01-26T17:48:15","slug":"srei-infrastructure-finance-ncd-jan2017","status":"publish","type":"post","link":"https:\/\/www.apnaplan.com\/srei-infrastructure-finance-ncd-jan2017\/","title":{"rendered":"9.50% SREI Infrastructure Finance NCD \u2013 Jan\/Feb 2017 \u2013 Should you Invest?"},"content":{"rendered":"<figure id=\"attachment_7624\" aria-describedby=\"caption-attachment-7624\" style=\"width: 300px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-7624\" src=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2017\/01\/SREI-Infrastructure-Finance-NCD-\u2013-Jan-2017-300x169.png\" alt=\"SREI Infrastructure Finance NCD \u2013 Jan 2017\" width=\"300\" height=\"169\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2017\/01\/SREI-Infrastructure-Finance-NCD-\u2013-Jan-2017-300x169.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2017\/01\/SREI-Infrastructure-Finance-NCD-\u2013-Jan-2017.png 575w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-7624\" class=\"wp-caption-text\"><strong>SREI Infrastructure Finance NCD \u2013 Jan\/Feb 2017<\/strong><\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><strong>SREI Infrastructure Finance<\/strong>\u00a0has come out with public issue of non-convertible debentures (NCD) offering up to 9.50% interest rate. The issue opens on January 30\u00a0and closes on February 23, 2017.<\/p>\n<p style=\"text-align: justify;\">SREI Infra Finance is primarily into financing of infrastructure projects along with advisory.<\/p>\n<h2 style=\"text-align: justify;\">SREI Infra Finance NCD \u2013 Significant Points:<\/h2>\n<ul>\n<li style=\"text-align: justify;\"><strong>Offer Period:<\/strong>\u00a0January 30 to February 23, 2017<\/li>\n<li style=\"text-align: justify;\"><strong>Annual Interest Rates for Retail Investors:<\/strong>\u00a08.5% to 9.5% depending on tenure<\/li>\n<li style=\"text-align: justify;\"><strong>Additional coupon of 0.25% p.a.<\/strong> for Category III investors who are holder of NCDs, shareholders and senior citizens<\/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<\/li>\n<li style=\"text-align: justify;\"><strong>NCD Size:<\/strong> Rs 200 crore with option to retain oversubscription of Rs 706 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 and 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 Infra Finance NCD &#8211; Investment Options:<\/h2>\n<p style=\"text-align: justify;\">There are 8 options of investment in SREI Infra\u00a0Finance NCD.<\/p>\n<figure id=\"attachment_7623\" aria-describedby=\"caption-attachment-7623\" style=\"width: 757px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-7623\" src=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2017\/01\/SREI-Infrastructure-Finance-NCD-Investment-Options-Jan-2017-1024x644.png\" alt=\"SREI Infrastructure Finance NCD - Investment Options - Jan 2017\" width=\"757\" height=\"476\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2017\/01\/SREI-Infrastructure-Finance-NCD-Investment-Options-Jan-2017-1024x644.png 1024w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2017\/01\/SREI-Infrastructure-Finance-NCD-Investment-Options-Jan-2017-300x189.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2017\/01\/SREI-Infrastructure-Finance-NCD-Investment-Options-Jan-2017-768x483.png 768w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2017\/01\/SREI-Infrastructure-Finance-NCD-Investment-Options-Jan-2017.png 1062w\" sizes=\"(max-width: 757px) 100vw, 757px\" \/><figcaption id=\"caption-attachment-7623\" class=\"wp-caption-text\"><strong>SREI Infrastructure Finance NCD &#8211; Investment Options &#8211; Jan\/Feb 2017<\/strong><\/figcaption><\/figure>\n<p style=\"text-align: justify;\">Series III &amp; Series VI NCDs would be allotted compulsorily in dematerialized form to all categories of Investors.<\/p>\n<h2 style=\"text-align: justify;\">SREI Infra 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 <a href=\"http:\/\/www.apnaplan.com\/highest-interest-rate-on-bank-fixed-deposits-fd\/\">interest rates are 2%-3% higher than your regular Bank FDs<\/a><\/li>\n<li style=\"text-align: justify;\">No TDS if invested in Demat Form<\/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;\">Infrastructure Financing is risky business as the success depends on timely and successful completion of the project. In India, there are a lot of infrastructure projects struck at various stages for various reasons.<\/li>\n<li style=\"text-align: justify;\">The NPA\u00a0is 3.54% which is bad<\/li>\n<li style=\"text-align: justify;\">The profits of the company declined in last few years<\/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;\">If you have Demat account apply through that or 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.sreibonds.com\/\" 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 NCD issues are over-subscribed within 2-3 days of opening.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SREI Infrastructure Finance\u00a0has come out with public issue of non-convertible debentures (NCD) offering up to 9.50% interest rate. The issue opens on January 30\u00a0and closes on February 23, 2017. SREI Infra Finance is primarily into financing of infrastructure projects along with advisory. SREI Infra Finance NCD \u2013 Significant Points: Offer Period:\u00a0January 30 to February 23, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7624,"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":[2777,2778,2779],"uagb_featured_image_src":{"full":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2017\/01\/SREI-Infrastructure-Finance-NCD-\u2013-Jan-2017.png",575,324,false],"thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2017\/01\/SREI-Infrastructure-Finance-NCD-\u2013-Jan-2017-150x150.png",150,150,true],"medium":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2017\/01\/SREI-Infrastructure-Finance-NCD-\u2013-Jan-2017-300x169.png",300,169,true],"medium_large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2017\/01\/SREI-Infrastructure-Finance-NCD-\u2013-Jan-2017.png",575,324,false],"large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2017\/01\/SREI-Infrastructure-Finance-NCD-\u2013-Jan-2017.png",575,324,false],"1536x1536":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2017\/01\/SREI-Infrastructure-Finance-NCD-\u2013-Jan-2017.png",575,324,false],"2048x2048":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2017\/01\/SREI-Infrastructure-Finance-NCD-\u2013-Jan-2017.png",575,324,false],"yarpp-thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2017\/01\/SREI-Infrastructure-Finance-NCD-\u2013-Jan-2017.png",120,68,false]},"uagb_author_info":{"display_name":"Amit","author_link":"https:\/\/www.apnaplan.com\/author\/admin\/"},"uagb_comment_info":4,"uagb_excerpt":"SREI Infrastructure Finance\u00a0has come out with public issue of non-convertible debentures (NCD) offering up to 9.50% interest rate. The issue opens on January 30\u00a0and closes on February 23, 2017. SREI Infra Finance is primarily into financing of infrastructure projects along with advisory. SREI Infra Finance NCD \u2013 Significant Points: Offer Period:\u00a0January 30 to February 23,&hellip;","_links":{"self":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/7621"}],"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=7621"}],"version-history":[{"count":0,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/7621\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media\/7624"}],"wp:attachment":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media?parent=7621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/categories?post=7621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/tags?post=7621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}