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DEBT | 12 November 2012

Srei Infra To Raise Funds Through Debt

by Sushil Surana
 
@Hemant_Kaul

Srei Infrastructure Finance Limited is planning to raise R500 Cr through secured, redeemable, non-convertible debentures in one or more tranches.


Last month, the company sold its 30% stake in derrick lay barge Quippo Prakash to a Malaysian firm Sapura Kencana for $122 Mn.


Recently, the NCD public issue of the company to raise R75 Cr was over-subscribed by 1.03 times on the final day of the offer. It received bids worth R76.93 Cr, as against R75 Cr on offer.

GPT Infra To Sell Wind Power Biz

GPT Infraprojects Limited is planning to sell, transfer or otherwise dispose off its wind power business.

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Shubham Housing Secures Investment From Motilal Oswal, Others

Shubham Housing Development Finance Company Private Limited has raised a capital of INR 1,220 Mn from Motilal Oswal Private Equity and its existing investors Helion Venture Partners, Elevar Equity, Accion Frontier and Saama Capital.

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