SREI Infrastructure Finance Ltd files prospectus for NCD issue

Srei Equipment Finance Limited, a material subsidiary of SREI Infrastructure Finance Ltd has on December 21, 2016 filed Prospectus dated December 21, 2016, with BSE Limited and the National Stock Exchange of India Limited towards its Public Issue of 25,00,000 Secured Redeemable Non-Convertible Debentures of Face Value of Rs. 1,000/- each (the "Debentures" or the "NCDs"), for an amount upto Rs. 2,50,00,00,000 (Rupees Two Thousand and Five Hundred Million) ("Base Issue") with an option to retain over subscription upto Rs. 5,00,00,00,000 (Rupees Five Thousand Million) ("Overall Issue Size"). The issue will open for subscription on January 03, 2017 and close on January 20, 2017.

Shares of SREI INFRASTRUCTURE FINANCE LTD. was last trading in BSE at Rs.74.95 as compared to the previous close of Rs. 75.55. The total number of shares traded during the day was 83943 in over 1482 trades.

The stock hit an intraday high of Rs. 76.7 and intraday low of 74.7. The net turnover during the day was Rs. 6342603.

Source : Equity Bulls

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