{"id":8889,"date":"2018-02-13T09:55:20","date_gmt":"2018-02-13T04:25:20","guid":{"rendered":"http:\/\/www.apnaplan.com\/?p=8889"},"modified":"2018-02-13T09:55:20","modified_gmt":"2018-02-13T04:25:20","slug":"srei-infrastructure-finance-ncd-feb-2018","status":"publish","type":"post","link":"https:\/\/www.apnaplan.com\/srei-infrastructure-finance-ncd-feb-2018\/","title":{"rendered":"9.50% SREI Infrastructure Finance NCD \u2013 Feb\/Mar 2018 \u2013 Should you Invest?"},"content":{"rendered":"<figure id=\"attachment_8892\" aria-describedby=\"caption-attachment-8892\" style=\"width: 300px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-8892\" src=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/02\/SREI-Infrastructure-Finance-NCD-\u2013-Feb-2018-300x162.png\" alt=\"SREI Infrastructure Finance NCD \u2013 Feb 2018\" width=\"300\" height=\"162\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/02\/SREI-Infrastructure-Finance-NCD-\u2013-Feb-2018-300x162.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/02\/SREI-Infrastructure-Finance-NCD-\u2013-Feb-2018-768x416.png 768w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/02\/SREI-Infrastructure-Finance-NCD-\u2013-Feb-2018.png 996w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-8892\" class=\"wp-caption-text\"><strong>SREI Infrastructure Finance NCD \u2013 Feb 2018<\/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 February 9 and closes on March 7, 2018.<\/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 style=\"text-align: justify;\">\n<li style=\"text-align: justify;\"><strong>Offer Period:<\/strong>\u00a0February 9 to March 7, 2018<\/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 2,000 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 11 options of investment in SREI Infra\u00a0Finance NCD.<\/p>\n<figure id=\"attachment_8891\" aria-describedby=\"caption-attachment-8891\" style=\"width: 757px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-8891\" src=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/02\/SREI-Infrastructure-Finance-NCD-Investment-Options-Feb-2018-1024x482.png\" alt=\"SREI Infrastructure Finance NCD - Investment Options - Feb\/Mar 2018\" width=\"757\" height=\"356\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/02\/SREI-Infrastructure-Finance-NCD-Investment-Options-Feb-2018-1024x482.png 1024w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/02\/SREI-Infrastructure-Finance-NCD-Investment-Options-Feb-2018-300x141.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/02\/SREI-Infrastructure-Finance-NCD-Investment-Options-Feb-2018-768x361.png 768w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/02\/SREI-Infrastructure-Finance-NCD-Investment-Options-Feb-2018.png 1226w\" sizes=\"(max-width: 757px) 100vw, 757px\" \/><figcaption id=\"caption-attachment-8891\" class=\"wp-caption-text\"><strong>SREI Infrastructure Finance NCD &#8211; Investment Options &#8211; Feb\/Mar 2018<\/strong><\/figcaption><\/figure>\n<p style=\"text-align: justify;\">Our Company shall allocate and allot Series IV NCDs wherein the Applicants have not indicated their\u00a0choice of the relevant NCD Series.<\/p>\n<p style=\"text-align: justify;\">Series I, Series II, Series III, Series V, Series VI, Series VIII, Series IX and Series XI 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 style=\"text-align: justify;\">\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 style=\"text-align: justify;\">\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 (series I to VIII), 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 style=\"text-align: justify;\">\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.srei.com\/investor\/non-convertible-debentures\" 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 style=\"text-align: justify;\">\n<li style=\"text-align: justify;\">My recommendation is to<strong> invest some part of your Fixed Income investment in this NCD Issue <\/strong><em>(go for Secured bonds only Series I to VIII)<\/em><\/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 few 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 February 9 and closes on March 7, 2018. SREI Infra Finance is primarily into financing of infrastructure projects along with advisory. SREI Infra Finance NCD \u2013 Significant Points: Offer Period:\u00a0February 9 to March [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8892,"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\/2018\/02\/SREI-Infrastructure-Finance-NCD-\u2013-Feb-2018.png",996,539,false],"thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/02\/SREI-Infrastructure-Finance-NCD-\u2013-Feb-2018-150x150.png",150,150,true],"medium":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/02\/SREI-Infrastructure-Finance-NCD-\u2013-Feb-2018-300x162.png",300,162,true],"medium_large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/02\/SREI-Infrastructure-Finance-NCD-\u2013-Feb-2018-768x416.png",768,416,true],"large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/02\/SREI-Infrastructure-Finance-NCD-\u2013-Feb-2018.png",996,539,false],"1536x1536":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/02\/SREI-Infrastructure-Finance-NCD-\u2013-Feb-2018.png",996,539,false],"2048x2048":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/02\/SREI-Infrastructure-Finance-NCD-\u2013-Feb-2018.png",996,539,false],"yarpp-thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/02\/SREI-Infrastructure-Finance-NCD-\u2013-Feb-2018.png",120,65,false]},"uagb_author_info":{"display_name":"Amit","author_link":"https:\/\/www.apnaplan.com\/author\/admin\/"},"uagb_comment_info":2,"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 February 9 and closes on March 7, 2018. SREI Infra Finance is primarily into financing of infrastructure projects along with advisory. SREI Infra Finance NCD \u2013 Significant Points: Offer Period:\u00a0February 9 to March&hellip;","_links":{"self":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/8889"}],"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=8889"}],"version-history":[{"count":0,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/8889\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media\/8892"}],"wp:attachment":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media?parent=8889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/categories?post=8889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/tags?post=8889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}