Srei Infrastucture Finance Limited Launches Secured NCDs - Infrastucture Bonds PR Newswire MUMBAI, September 10, 2013 MUMBAI, September 10, 2013 /PRNewswire/ -- Srei Infrastructure Finance Limited has launched the public issue of secured NCDs from 26th August, 2013 to 17th September 2013. The NCDs are fully secured and the issue size is of Rs 100 crores with a green shoe option of Rs 100 Crores. The issue has been rated CARE AA- by CARE and and BWR AAby Brickworks. Investors have an opportunity todouble their money in 6 years 3 months and the maximum interest offered is upto 11.75% per annum for individuals. Srei Infrastructure Finance has 24 years of experience in the infrastructure financing space and is one of the leading NBFCs in India. It has the status of a PFI (Public Financial Institution) and is also classified as IFC(Infrastructure Finance Company) by the Reserve Bank of India. Srei has strong financials with consolidated asset under management of Rs 33,330 and profit after tax at Rs 263 Crore as on March 31, 2013 on a consolidated basis. What are NCD's? Non Convertible Debentures are certificates issued by companies to raise funds from public. It's structured like a debt instrument with fixed tenure and interest payment at regular intervals. Invested amount is returned in the form of regular payments throughout the tenure or by onetime payment at the end. NCD's cannot be converted into common shares (Non Convertible) and usually carry higher interest rates as compared to other debt instruments. Non Convertible Debentures investment is considered safe as compared to equity/company fixed deposit investment since claim of NCD investor is considered superior as compared to equity/fixed deposit investor. Advantages of NCD Investment Investment in NCD can be a smart decision as it scores above other debt investment options. A brief comparison between NCD and Bank Fixed Deposit investment is presented below: Investment comparison (NCD Vs Bank FD) Investment in NCD Investment in Bank FDs Lower Interest rates offered are attractive interest compared to other fixed income rate as instruments such as Bank Fixed compared Returns Deposits to NCD's No listing on stock NCDs are listed on NSE and BSE and exchanges, can be traded in the secondary market hence similar to trading in shares and cannot be Flexibility bonds traded Low liquidity. Usually, penalty Fairly liquid, as most NCD's are for traded. There is no penalty for premature Liquidity liquidation withdrawal Fixed With Interest rates going down, bond interest Interest rate sensitivity prices goes up and vice versa rates Investment in this NCD issue is recommended for following reasons - 1.Attractive assured interest rates offered for a period of 3 - 6 years 2.Opportunity for 'doubling your money' in 6 years 3 months 3.Ideal investment opportunity for those looking for regular income - monthly and annual interest payouts 4.There is no tax deduction at source (TDS) if you invest through the DEMAT mode 5.Easy liquidity through listing in NSE and BSE 6.Suitable for small investors too as minimum investment amount is Rs.10,000 only About Srei Infrastructure Finance Limited: Srei is a Holistic Infrastructure Institution, constantly and consistently ideating to deliver innovative solutions in infrastructure space, thus playing a significant role in nation-building for over two decades, both in urban and rural India. Srei's businesses include infrastructure project finance, advisory and development, infrastructure equipment finance, alternative investment funds, capital market and insurance broking. Srei has a pan-India presence with a network of 99 offices and has also replicated its business model overseas with offices in the Russian Federation. About Advisorkhoj.com: Advisorkhoj.com is India's only true on-line directory for financial advisors and distributors. We are an enthusiastic team based out of Bangalore and call ourselves "GameChangers" as our idea is to change the way people are savingand investing in India. The idea is also to take financial advice to the masses and reach to the bottom of the pyramid with the help of a qualified and credible financial advisor. Therefore, we register the financial advisors and distributors and help people search them based on the city, location and the services/products or investment advice they are looking for! Primary Media Contact: Pradip Chakrabarty, firstname.lastname@example.org , 91-9900511400 Contact: PRN
Srei Infrastucture Finance Limited Launches Secured NCDs - Infrastucture Bonds
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