2820_SREI_NCD_Product Note_Online - Cmlinks.com

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  • Jun 30, 2015
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1 PRODUCT NOTE Strong Support for your precious dreams. Upto 11% ^ interest on Srei NCDs. What are Non-Convertible Debentures (NCDs)? Whenever a company wants to raise money from the public or institutions, it issues a debt paper for a specified tenure where it pays a fixed interest on the investment. This instrument is known as a debenture. Some of the debentures are termed as convertible debentures since they can be converted into equity shares on maturity. Non - Convertible debentures or NCDs does not have the option of conversion into shares and on maturity the principal amount along with accumulated interest is paid to the holder of the instrument. To Apply SMS SREI to 56161 Public Issue of Secured Redeemable NCDs. Issue Period 1st July 2015 to 20th July [email protected] 0.25% extra for senior citizens, existing shareholders / bond holders^ Srei Infrastructure Finance Limited ^ For detailed terms and conditions please refer to Tranche 2 Prospectus dated June 26, 2015 to be read along with Shelf Prospectus dated September 22, 2014 filed with the Registrar of Companies, Kolkata, West Bengal, SEBI and BSE.

2 Advantages of investing in NCDs. Better Returns: NCDs in the past have offered interest rates which were quite attractive as compared to interest on other fixed-income options. No Tax deduction at source: There is no tax deduction at source (TDS) on NCDs offered in DEMAT mode and listed on a stock exchange as per section 193 of the IT Act. Safety: NCDs issues by Company are secured debt, which means they are completely secured by assets of the company. NCDs are also rated by the credit rating agencies, which indicate the degree of safety regarding timely servicing of financial obligations. Better Liquidity: NCDs offer liquidity due to Stock Exchange listing. Investment Highlights All Categories of investors can apply in NCDs of different tenors - 39 months and 60 months. Minimum application size is `10,000/- (10 NCDs) across all Series. Monthly, Annual with Premium on Redemption at maturity option available. The Issue is rated CARE AA (Double A -) and BWR AA (BWR Double A) which indicate a high degree of safety regarding timely servicing of financial obligations. The NCDs proposed to be listed on the BSE Limited to provide liquidity. Individual applicants can apply for allotment of NCDs either in physical and DEMAT form except Series I and Series IV. There is no tax deduction at source (TDS) in case of allotment in Demat mode. The NCDs are fully secured. For successful non-ASBA investors, an interest of 10% per annum will be provided on the application money for the NCDs allotted. Allotment of NCDs will be on first come first serve basis. ^ Additional coupon of 0.25% p.a. for existing NCDs/Bonds holder in past public issues and/or equity shareholders of the company and/or senior citizens for Individual Category of Investors on Deemed Date of Allotment. Who Can Invest CATEGORY I (Institutional Category) Public Financial Institution, Statutory Corporations, National Investment Fund, Mutual Funds. Provident Funds, Pension Funds, Superannuation Funds and Gratuity Fund, which are authorized to invest in NCDs. Venture Capital registered with SEBI and/or Alternative Investment Fund, Insurance Companies registered with IRDA. State Industrial Development Corporation, Commercial banks, Co-operative Banks and RRB, which are authorized to invest in NCDs. CATEGORY II (Non Institutional) Companies; bodies corporate and societies registered under applicable laws in India and authorized to invest in the NCDs. Public/Private Charitable/religious trusts which are authorized to invest in NCDs. Scientific and /or industrial research organization; which are authorized to invest in the NCDs; Partnership firms in the name of partners. LLP formed and registered under the provisions of the LLP Act, 2008 (No.6 of 2009). Any other incorporation/and or unincorporated body of persons. CATEGORY III (Individual) Resident Indian Individuals; Hindu Undivided Families through the Karta.

3 About the Company Srei Infrastructure Finance Limited (Company) is a RBI registered non-deposit taking NBFC. A significant lender in the private infrastructure financing sector. Classified as Infrastructure Finance Company in the year 2011 by RBI. Notified as Public Finance Institution status by the MCA, under section 4A of Companies Act, 1956. A listed entity on BSE and NSE. One of the NBFCs in India whos GDR are listed on LSE (London Stock Exchange). Key Strengths Over 25 years of experience in the infrastructure funding in India with a network of 99 offices. Diversified product portfolio and presence all across the infrastructure space to boost the growth path. Experienced Management team to steer head the Company in its growth path. One of the few Indian NBFCs to have accessed the International market for funds and get listed on London Stock Exchange. With a large customer base more than 30,000 and over ` 35,240 crore of Consolidated Assets Under Management for the year ended March 31, 2015. Consolidated group Net worth is ` 3,481 Crore and Profit After Tax is ` 129 Crore for the year ended March 31, 2015. Key Financials* (` in Mn.) Total Income 40000 35000 33603 31095 32603 30000 24463 25000 20000 15000 10000 5000 0 FY 12 FY 13 FY 14 FY 15

4 (` in Mn.) Asset Under Management 360000 352407 350000 340000 340699 333296 330000 320000 310000 307643 300000 290000 280000 FY 12 FY 13 FY 14 FY 15 (` in Mn.) Net Worth 36000 34813 35000 34000 33719 33000 32668 32000 31000 30527 30000 29000 28000 FY 12 FY 13 FY 14 FY 15 (` in Mn.) PAT 3000 2631 2500 2000 1500 1385 1118 1291 1000 500 0 FY 12 FY 13 FY 14 FY 15 *On Consolidated basis as on March 31, 2015 SREI INFRASTRUCTURE FINANCE LIMITED CIN: L29219WB1985PLC055352 TO APPLY Registered Office: 'Vishwakarma', 86 C, Topsia Road(South), Kolkata 700 046. SMS SREI to 56161 @The Tranche 2 Issue shall remain open for subscription on Working Days from 10 A.M. to 5 P.M. (Indian Standard Time) during the period indicated above, except that the Tranche 2 Issue may close on such earlier date or extended date as may be decided by the Board/ Committee of Directors, as the case maybe, subject to necessary approvals and relevant notice of the same will be provided to the prospective investors through advertisements in a leading national daily newspaper. ^For detailed terms and conditions, please refer to Tranche 2 Prospectus dated June 26, 2015 (to be read along with Shelf Prospectus dated September 22, 2014) filed with Registrar of Companies, West Bengal, SEBI and BSE. Capitalized terms used and not defined shall have the same meaning assigned to such terms in the Tranche 2 Prospectus and Shelf Prospectus. Disclaimer Clause of BSE: It is to be distinctly understood to that permission given by BSE Limited should not in way be deemed or construed that the Prospectus has been cleared or approved by BSE Limited nor does it certify the correctness or completeness of any of the contents of Prospectus. The investors are advised to refer to the Prospectus for the full text of the Disclaimer Clause of BSE Limited. Disclaimer of the Issuer: Srei Infrastructure Finance Limited is, subject to market conditions and other conditions, proposing a Public Issue of Secured Redeemable Non-convertible Debentures of Face Value of ` 1,000/- each (The Debentures or NCDs), amounting to ` 2,000 million (Base Issue Size) with an option to retain oversubscription upto ` 10,000 million (The"Overall Issue Size") (Tranche 2 Issue) within the Residual Shelf Limit of ` 11,738.569 million which should be read along with Shelf Prospectus dated September 22, 2014 filed with Registrar of Companies, West Bengal, SEBI and BSE Limited. The Investors are advised to take any decision to invest in the NCDs pursuant to their examination of the Issuer and on the basis of the disclosures made in the Tranche 2 Prospectus read with the Shelf Prospectus and other issue related documents like Application Forms, Abridged Prospectus, Corrigendum (if any), etc. Please see the section titled Risk Factors beginning on page 12 of the Shelf Prospectus and on page 22 of the Tranche 2 Prospectus for the risks in this regard. Availability of Prospectus: Full copy of Tranche 2 Prospectus dated June 26, 2015 and Shelf Prospectus dated September 22, 2014 will be available on the website of the Issuer, Lead Managers, Co-Lead Managers, SEBI and BSE at www.srei.com, www.icicisecurities.com, www.akcapindia.com, www.edelweissfin.com, www.spacapital.com, www.srei.com, www.karvy.com, www.integrated.in, www.rrfinance.com, www.smccapital.com, www.bajajcapital.com, www.sebi.gov.in, and www.bseindia.com respectively. Physical copies of the Tranche 2 Prospectus can be obtained from Companys Registered Offices as well as Lead Managers and Co-Lead Managers.

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