9.75% SREI Equipment Finance NCD Issue Jan 2017 – Details & Review
SREI Equipment Finance will open its public issue of NCDs on 3rd Jan 2017 & it closes on 20th Jan 2017. This NCD issue is offering yield upto 9.7% and have 7 different investment options.
Latest NCD issue of Reliance Home Finance (22nd Dec 2016) was over-subscribed 3 times the issue size on day one itself.
In this post, I am trying to put details around how good this SREI Equipment Finance NCD is ? What are the postive and negative factors of SREI Equipment Finance NCD? Who should invest in SREI Equipment Finance NCD?
Key Features of SREI Equipment Finance NCD
NCD Issue Open: 3-Jan-2017
NCD Issue Closing date: 20-Jan 2017
Type of Instrument: Secured redeemable non-convertible debentures (NCD) for 3 & 5 years
Size of Issue: Rs. 250 crores with a green-shoe option of an...