Srei Equipment Finance Ltd
ACTIVE
ISIN: INE881J08706
Issuer Details
Issuer Name
SREI EQUIPMENT FINANCE LTD
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
0.001%
Industry
Finance
Issuer nature
NBFC
Corporate Identity Number (CIN)
U70101WB2006PLC109898
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
0.001% UNSECURED UNRATED UNL...
Face Value (in ₹)
1000
Total Issue size( in ₹ Cr.)
6968.8233
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
19-12-2023
Redemption Date
19-12-2031
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Subordinate Tier 2
Cash Flow Schedule
Cash Flow Event
Record Date
Redemption
12-12-2023
Interest
12-12-2023
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About Srei Equipment Finance Ltd bond with ISIN: INE881J08706
In the competitive landscape of fixed income securities, detailed and comprehensive information is vital for both investors and market analysts. This bond, identified by the unique ISIN INE881J08706, represents a significant financial instrument. Issued by SREI EQUIPMENT FINANCE LTD, it comes with the following description: "0.001% UNSECURED UNRATED UNLISTED OPTIONALLY CONVERTIBLE SUBORINATED TIER II DEBENTURE SERIES II DATE OF MATURITY 19/12/2031". Although the bond is currently marked as active, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, SREI EQUIPMENT FINANCE LTD, classified as Non PSU, plays an essential role in the market despite some details such as sector, industry, and issuer nature not being explicitly provided. Key identifiers like the Corporate Identification Number (CIN) U70101WB2006PLC109898 further bolster its credibility. With a coupon rate of 0.001, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of N/A, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000 with an issue size of 6968.8233. It was allotted on 12/19/2023 and is scheduled for redemption on 12/19/2031. Categorized under "PLAIN VANILLA DEBENTURES" and defined as Unsecured, the instrument is structured to meet specific investment objectives. Although options such as call or put are not applicable in this instance, the core attributes remain detailed and robust. A critical element in evaluating any fixed income instrument is its credit rating. No credit rating information is available for this bond. This insight helps potential investors understand that while the ratings spectrum is broad, a lower rating can indicate higher risk, prompting careful consideration before investing. The security measures add another layer of assurance. The asset cover is described as follows: No specific asset cover description available. – a feature that, while requiring further inquiry for complete details, underscores the issuer’s commitment to providing some level of investor protection. Furthermore, the bond is supported by several documents. There are no additional documents available for this bond. These documents serve as a reference for additional details and provide transparency to interested parties. Additionally, there are similar bonds in the market such as the bond with ISIN INE881J07FZ9 having a coupon rate of 0.001% and the bond with ISIN INE881J08722 having a coupon rate of 0.001% and the bond with ISIN INE881J08714 having a coupon rate of 0.001% and the bond with ISIN INE881J07FX4 having a coupon rate of 0.001%. Such comparable instruments offer a broader perspective on market positioning and allow investors to perform benchmark analysis. This detailed description is crafted to meet rigorous content standards and to offer exhaustive insights into every facet of the bond’s structure. Investors, analysts, and researchers alike can derive substantial value from this narrative, which underscores both the instrument’s inherent characteristics and its broader market positioning. Such elaborate coverage enhances investor confidence by providing a rich, comprehensive content base. Every element from issuance details to security measures and comparative insights is meticulously presented to facilitate an informed and robust market understanding.