SREI Infrastructure Finance is planning to garner up to Rs 75 crore through issue of non-convertible debentures (NCDs) and would have the option to retain an over-subscription of up to Rs 150 crore. In this regard, the company is seeking market regulator Securities and Exchange Board of India’s (SEBI) approval.
The company will use the raised amount for various financing activities, to repay its existing loans and its business operations including for its capital expenditure and working capital requirements.
The lead managers to the issue are -- ICICI Securities, A K Capital Services, Trust Capital Investment Advisors and Srei Capital Markets. Besides, Karvy Computershare Private Ltd is the registrar to the issue.
Company Name | CMP |
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Bajaj Finance | 6729.85 |
Shriram Finance | 2502.00 |
Aditya Birla Capital | 232.15 |
SBI Cards AndPayment | 751.70 |
Chola Invest & Fin. | 1174.00 |
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