Category Archives: Public Issues

SREI Equipment Finance Limited NCD

Issuer SREI Equipment Finance Limited
Issue Size Public Issue of Secured, Redeemable Non-Convertible Debentures of the Company of NCDs aggregating up to Rs. 250 Crores with an option to retain over-subscription up to Rs. 250 Crores aggregating to a total of up to Rs. 500 Crores.
Lead Manager Edelweiss Financial Services Limited & SREI Capital Markets Limited
Issue opens Thursday, April 9, 2015
Issue closes Thursday, April 30, 2015
Allotment First Come First Serve Basis
Face Value Rs. 1000 per NCD
Issue Price Rs. 1000 per NCD
Nature of Instrument Secured redeemable non-convertible debentures
Minimum Application 10 NCDs ( Rs. 10000) & in multiple of 1 NCD thereafter
Listing BSE and NSE
Rating ‘CARE AA (Double AA)’ by CARE,

“BWR AA” (BWR Double A) (Outlook Stable) by Brickwork Ratings India Private Limited (“BRICKWORK”)

Series I II III IV V VI VII VIII IX
Frequency Monthly Annual Cumulative Monthly Annual Cumulative Monthly Annual Annual
Tenure 36 Months 36 Months 36 Months 39 Months 39 Months 39 Months 60 Months 60 Months 84 Months
Coupon Rate for Category I, II and III 9.75% 10.20% NA 9.75% 10.20% NA 9.75% 10.25% 10.25%
Effective Yield for Category I, II and III 10.19% 10.22% 10.21% 10.19% 10.24% 10.20% 10.19% 10.26% 10.26%

Muthoot Finance Limited – NCD issue

Issuer Muthoot Finance Limited
Issue Size
Public Issue by the Company of Secured NCDs and Unsecured NCDs aggregating upto Rs. 1,500.00 million with an option to retain over-subscription upto Rs. 1,500.00 million for issuance of additional Secured NCDs and Unsecured NCDs aggregating to a total of upto Rs. 3,000.00 million. The Unsecured NCDs will be in the nature of Subordinated Debt and will be eligible for Tier II capital.
Issue opens March 25, 2015
Issue closes April 27, 2015
Allotment First Come First Serve Basis
Face Value Rs. 1000 per NCD
Issue Price Rs. 1000 per NCD
Nature of Instrument Secured & Unsecured NCD
Minimum Application 10 NCDs ( Rs. 10000) & in multiple thereafter
Listing BSE
Rating “[ICRA] AA-” by ICRA

For other details refer to the product note attached herewith.

The forms will be made available on the website and subbroker links shortly.

Muthoot Finance – Product Note For Distribution.pdf

Inox Wind Limited IPO

Company Inox Wind Limited IPO
Offer Period Offer Opens On :Wednesday, March 18, 2015

Offer Closes On : Friday, March 20, 2015

Price Band INR 315 – INR 325
Discount Discount of Rs. 15/- to Retail Bidders and Eligible Employees
Bid Lot 45 Equity Shares & in multiples thereafter
Issue Size in Shares
No. of Shares
In Equity Shares At Floor Price At Cap Price
Fresh Issue 2,26,26,588 2,19,18,226
Offer For Sale 1,00,00,000 1,00,00,000
Employee Reservation 5,00,000 5,00,000
Net Issue 3,21,26,588 3,14,18,226
Amount in Crores
In Crs At Floor Price At Cap Price
Issue Size 1,010.12 1,020.10
Net Issue 995.12 1,004.60
Lead Manager Edelweiss Financial Services Limited, Axis Capital Limited, DSP Merrill Lynch Limited and YES Bank Limited
Registrar Link Intime India Private Limited
QIB 50% of the Net Issue
NIB 15% of the Net Issue
Retail 35% of the Net Issue
Listing NSE and BSE

Retail Payment Chart.pdf

Adlabs Entertainment Ltd. | Price Band: Rs. 221 -230

Adlabs Entertainment Ltd. | Price Band: Rs. 221 -230

Company Overview:

Adlabs Entertainment limited is a leading player in India operating in the business of entertainment. Adlabs currently owns and operates Imagica – a Theme Park and Aquamagica – a Water Park both located at Khalapur off the Mumbai – Pune Expressway in Maharashtra. Imagica, which became operational on November 1, 2013 features a diverse variety of rides and attractions of international standards, food and beverages outlets and retail and merchandise shops, designed to cater to a broad demography of the Indian populace. Aquamagica which became operational on October 1, 2014 is also located in tandem with the theme park. Novotel Imagica, a family hotel is the new project under construction, the first phase of which is expected to be completed by March 2015. Adlabs Mumbai is spread over an aggregate area of around 132 acres at Khalapur.

Key Highlights:

  • Improved demographic factors in India such as urbanization, increased proportion of young population, increased levels of disposable income has created enormous opportunity for entertainment business.
  • The location of the park in the catchment area of two metro cities is to augur well for the business.
  • A perfect blend of international standards of entertainment and the Indian tastes has created a niche offering for all the age groups of the population.
  • Continued addition of varied and innovative services would provide the base for long term sustainability of the business.
  • Experienced management, established brand image of adlabs and innovative and aggressive focus on marketing would provide growth synergies to leverage upon.

IPO Note – Adlabs Entertainments Ltd.pdf