SREI Equipment Finance Ltd has opened its public issue of Face Value Rs. 1,000 for an amount of Rs. 100 Crore (Base Issue Size) with an option to retain over subscription up to Rs. 400 Crore aggregating up to Rs. 500 Crore within the overall Shelf Limit up to Rs. 1,400 Crore.
The secured redeemable non-convertible debentures will be listed on BSE & NSE. Minimum Application is for Rs. 10000 (10 NCDs).
The instrument has been assigned BWR AA - (BWR Double A Negative) and ACUITE AA - (Acuite double A minus) credit rating.
The NCD issue opened for subscription on 16th August, 2019 and closes on 18th September, 2019.
Shares of SREI INFRASTRUCTURE FINANCE LTD. was last trading in BSE at Rs.11.18 as compared to the previous close of Rs. 11.28. The total number of shares traded during the day was 27038 in over 112 trades.
The stock hit an intraday high of Rs. 11.36 and intraday low of 10.6. The net turnover during the day was Rs. 299896.