SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

SREI Infrastructure Finance surges on planning to raise Rs 3,000 crore through various ways

21 Jan 2020 Evaluate

SREI Infrastructure Finance is currently trading at Rs. 9.53, up by 0.18 points or 1.93% from its previous closing of Rs. 9.35 on the BSE.

The scrip opened at Rs. 9.40 and has touched a high and low of Rs. 10.28 and Rs. 9.40 respectively. So far 6080 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 36.05 on 21-Jan-2019 and a 52 week low of Rs. 7.17 on 11-Oct-2019.

Last one week high and low of the scrip stood at Rs. 10.28 and Rs. 8.93 respectively. The current market cap of the company is Rs. 488.48 crore.

The promoters holding in the company stood at 60.80%, while Institutions and Non-Institutions held 9.37% and 29.83% respectively.

SREI Infrastructure Finance is planning to raise funds worth Rs 3,000 crore. The company to raise funds through Public Issue of Redeemable, Non-Convertible Debentures (NCDs) aggregating upto Rs 1,000 crore in one or more tranches during the FY21 and through issuance of Redeemable, Non-Convertible Debentures (including Bonds) aggregating upto Rs 1,000 crore outstanding at any point of time during the FY21 on private placement basis in one or more tranches.

Furthermore, the company to issue Commercial Papers aggregating upto Rs 1,000 crore outstanding at any point of time during the FY21 on private placement basis. The Board of Directors of the Company at its meeting to be held on February 14, 2020 to consider the same.

SREI Infrastructure Finance lends for financing infrastructure projects across sectors such as roads, ports, mining and power as well as purchase of infrastructure equipment.

SREI Infra Fin Share Price

2.07 0.00 (0.00%)
11-Aug-2023 18:01 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×