Srei Infrastructure Finance Limited is planning to raise R500 Cr in one or more tranches through public issue of infrastructure bonds in the nature of secured, redeemable, non-convertible debentures.
The company is yet to finalize the rate of interest of the bond and the issue is expected by early January 2012.
In March this year, Opulent Venture Capital Trust bought 11.52% stake in Srei Infrastructure Finance Limited in pursuant to the scheme of amalgamation of Quippo Infrastructure Equipment Limited with Srei Infra Finance.
Kolkata based Srei Infrastructure is involved in financing infrastructure in telecom, oil & gas, roads, power, ports, industrial parks and rural IT infrastructure, and is also engaged in equipment leasing, rentals & auctioning, project financing, project development, advisory and fund management.
Performance of Srei Infrastructure on BSE
The company was also planning to launch a $150 Mn private equity fund for defence and security sector.
In the 2011-12 fiscal, IDFC was looking to raise R5000Cr in two or three tranches and L&T Infra hoped to raise R1100Cr from infrastructure bonds.
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5277
4256
1216
4581
1168
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24708
42
4143
36859
4140
|
|
2100
566
4717
37553
179
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33358 |
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KVEZAR VIEW
| Date | Type | Buyer | Target | Size ($mn) | State |
| 23/05/13 |
Capital Market |
- |
Associated Finance Company |
- |
Completed |
| 23/05/13 |
Capital Market |
- |
Associated Finance Company |
- |
Completed |
| 23/05/13 |
Capital Market |
- |
Euro Finmart Limited |
- |
Completed |
| 23/05/13 |
Capital Market |
- |
Euro Finmart Limited |
- |
Completed |
