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SREI INFRASTRUCTURE FINANCE LIMITED
Our Company was originally incorporated in New Delhi by the name Shri Radha Krishna Export Industries Limited with the Registrar of Companies, New Delhi (in accordance with the
Companies Act 1956 as a public limited Company to undertake lease and hire purchase financing, bill discounting and manufacture and export of certain goods. Our Companys name was
changed to Srei International Limited on May 29, 1992 and further changed to Srei International Finance Limited with effect from April 12, 1994 to reflect its focus on financial services.
The name of our Company was further changed from Srei International Finance Limited to its existing name Srei Infrastructure Finance Limited on August 31, 2004. Our Company is
registered as a Non-Banking Financial Company within the meaning of the Reserve Bank of India Act, 1934. For details regarding change in the registered office see History and Main
Objects on page 84 of this Prospectus.
Registered Office: Vishwakarma, 86C, Topsia Road (South), Kolkata 700 046; Tel: +91 33 6160 7734; Fax: +91 33 2285 7542; Corporate Office: 6A Kiran Shankar Roy Road, Kolkata 700 001, West Bengal, India; Tel: +91 33 6499 0230 / 6499 0243; Fax: +91 33 2262 3220;
Website: www.srei.com; Corporate Identification No: L29219WB1985PLC055352,
Compliance Officer to the Issue: Mr Samir Kumar Kejriwal, Vice President, Srei Infrastructure Finance Limited, Vishwakarma, 86C, Topsia Road (South), Kolkata - 700 046
Phone: +91 33 6160 7734, Fax: +91 33 2285 8501, Email-id: [email protected]
PUBLIC ISSUE BY SREI INFRASTRUCTURE FINANCE LIMITED (THE COMPANY OR THE ISSUER) OF 750,000 SECURED REDEEMABLE NON-
CONVERTIBLE DEBENTURES OF FACE VALUE OF ` 1,000/- EACH (THE DEBENTURES OR THE NCDS), FOR AN AMOUNT UPTO ` 750 MILLION (BASE ISSUE) WITH AN OPTION TO RETAIN OVERSUBSCRIPTION UPTO ADDITIONAL 750,000 NCDS OF ` 1,000/- EACH ,FOR AN AMOUNT UPTO ` 750 MILLION, AGGREGATING TO ` 1,500 MILLION (OVERALL ISSUE SIZE) (HEREINAFTER REFERRED TO AS THE ISSUE)
The Issue is being made pursuant to the provisions of the Securities and Exchange Board of India (Issue and Listing of Debt Secur ities) Regulations, 2008, as amended (the Debt
Regulations).
PROMOTER: MR HEMANT KANORIA
For details of our Promoter, please see Our Promoter on page 97 of this Prospectus.
GENERAL RISK
Investors are advised to read the section titled Risk Factors carefully before taking an investment decision in this Issue. For the purposes of taking an investment decision, investors must rely
on their own examination of the Issuer and of the Issue, including the risks involved. Specific attention of the investors is invited to the section titled Risk Factors starting on page no. 13 of
this Prospectus before making an investment in this Issue. This document has not been and will not be approved by any regulatory authority in India, including the Securities and Exchange
Board of India (SEBI), the Reserve Bank of India (RBI), any registrar of companies or any stock exchange in India.
COUPON RATE, COUPON PAYMENT FREQUENCY, MATURITY DATE, MATURITY AMOUNT & ELIGIBLE INVESTORS
For details relating to Coupon Rate, Coupon Payment Frequency, Maturity Date And Maturity Amount of the NCDs, attention of the investors is invited to the section titled Terms of the Issue
starting on page no. 143 of this Prospectus. For details relating to Eligible Investors please see The Issue on page 35 of this Prospectus.
ISSUERS ABSOLUTE RESPONSIBILITY
The Issuer, having made all reasonable inquiries, accepts responsibility for and confirms that this Prospectus contains all information with regard to the Issuer and the Issue, which is material in
the context of the Issue, that the information contained in this Prospectus is true and correct in all material aspects and is not misleading in any material respect, that the opinions and intentions
expressed herein are honestly held and that there are no other material facts, the omission of which makes this Prospectus as a whole or any of such information or the expression of any such
opinions or intentions misleading in any material respect.
CREDIT RATINGS
The NCDs have been rated CARE AA- (Double A Minus) by Credit Analysis &Research Limited (CARE) pursuant to letter dated November 8, 2012 and revalidated by letter dated April
14, 2014 and BWR AA (BWR Double A)by Brickwork Ratings India Private Limited (BRICKWORK) pursuant to letter dated June 19, 2013 and revalidated by letter dated April 30, 2014.
Instruments with a rating of CARE AA- (Double A Minus) by CARE and BWR AA (BWR Double A) by BRICKWORK are considered to have high degree of safety regarding timely
servicing of financial obligations. The rating provided by CARE and BRICKWORK may be suspended, withdrawn or revised at any time by the assigning rating agency on the basis of new
information etc., and should be evaluated independently of any other rating. The rating is not a recommendation to buy, sell or hold securities and investors should take their own investment
decisions. Please refer to the Annexure of this Prospectus for the rationale of the above ratings.
PUBLIC COMMENTS
The Draft Prospectus dated March 31, 2014 was filed with BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE) (together Stock Exchanges) pursuant to the
provisions of SEBI Debt Regulations and was open for public comments for a period of 7 Working Days till April 9, 2014.
LISTING
The NCDs offered through this Prospectus are proposed to be listed on BSE and NSE. BSE vide letter bearing reference no. DCS/SP/PI-BOND/02/14-15 dated April 9, 2014 and NSE vide letter
bearing reference no. NSE/LIST/236004-N dated April 11, 2014 has granted their in-principle approvals for the Issue. For the purposes of this Issue, BSE shall be the Designated Stock
Exchange.
LEAD MANAGERS TO THE ISSUE DEBENTURE TRUSTEE TO THE ISSUE
ICICI Securities Limited
ICICI Centre
H.T. Parekh Marg
Churchgate, Mumbai 400 020
Maharashtra, India
Tel : +91 22 2288 2460
Fax : +91 22 2282 6580 E-mail : [email protected]
Investor Grievance Email:
Website : www.icicisecurities.com
Contact Person: Mr Sumit Agarwal /
Ms Neha Verma
Compliance Officer : Mr Subir Saha
SEBI Registration No: INM000011179
A. K. Capital Services Limited
30-39 Free Press House, 3rd Floor, Free Press
Journal Marg, 215, Nariman Point, Mumbai
400021
Tel: +91 22 6754 6500/ 6634 9300;
Fax: +91 22 6610 0594
Email: [email protected] Investor Grievance Email:
Website: www.akcapindia.com
Contact Person: Ms Akshata Tambe /
Mr Siddharth Shah
Compliance Officer: Mr Vikas Agarwal
SEBI Registration No.: INM000010411
SPA Capital Advisors Limited
25,C Block ,Community Centre
Janak Puri ,New Delhi -110 058
India
Tel : +91 11 4567 5500, 2551 7371
Fax : +91 11 2553 2644
Email: [email protected] Investor Grievance E mail:
Website: www.spacapital.com
Contact Person: Mr Nitin Somani /
Ms Ashi Sood
Compliance Officer: Mr Sanjay Gupta
SEBI Registration No.: INM000010825
Srei Capital Markets Limited*
Vishwakarma,
86C, Topsia Road (South)
Kolkata 700 046
West Bengal, India
Tel: +91 33 6602 3845
Fax: +91 33 2285 7542 Email: [email protected]
Investor Grievance E mail:
Website: www.srei.com
Contact Person: Mr Manoj Agarwal
Compliance Officer: Mr Manoj Agarwal
SEBI Registration No.: INM000003762
Axis Trustee Services Limited
Axis House, 2nd Floor
Bombay Dyeing Mills Compound
Pandurang Budhkar Marg
Mumbai 400 025
Tel: +91 22 2425 5206
Fax: +91 22 2425 4200 Email: [email protected]
Investor Grievance Email : [email protected]
Website:www.axistrustee.com
Contact Person: Mr Neelesh Baheti
Compliance Officer: Mr D J Bora
SEBI Registration No.: IND000000494
CO-LEAD MANAGERS TO THE ISSUE REGISTRAR TO THE ISSUE
Karvy Investor Services Limited
Hallmark Business Plaza, 7th Floor,
Sant Dynaneshwar Marg, Opp:
Gurunank Hospital, Bandra - East Mumbai 400 051
Maharashtra, India
Tel: +91 22 6149 1500
Fax: +91 22 6149 1515
Email: [email protected]
Investor Grievance E mail:
[email protected], [email protected]
Website: www.karvy.com
Contact Person: Mr Sumit Singh
Compliance Officer : Mr V
Madhusudhan Rao
SEBI Registration No.: INM000008365
Integrated Enterprises (India)
Limited 15, 1st Floor, Modern House
Dr. V.B. Gandhi Marg, (Forbes Street), Fort
Mumbai 400 023
Tel :+91 224066 1800
Fax :+91 222287 4676
E-mail : [email protected]
Investor Grievance E-mail ID:
Website: www.integratedindia.in
Contact person: Mr V Krishnan
Compliance Officer: Mr Suresh Babu
K
SEBI Registration No: INM000002640
RR Investors Capital Services
Private Limited
47, MM, Road Rani Jhansi Marg,
Jhandelwalan, New Delhi- 110055, India
Tel :+91 11 2363 6362 - 63
Fax :+91 11 2363 674