NCD Issue- SREI Infrastructure Finance Ltd- 12% – May 2014

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3 Responses

  1. Rajendra says:


    If you Apply for NCD Rs. 1 lakh

    Application & check clear date : 15 April 2014
    Allotment Date : 5 May 2014
    Total days : 20
    After Allotment you are receive regular Interest for your Investment, but what about your Application to Allotment date Interest.
    If you received Refund issuer pay 7% for 20 days
    If your allotted NCD’s then they pay 10% for 20 days

    If Allotment done then your are received :

  2. Nirav shahanand says:

    Yes i also want to know, what vivek asked, I have same doubt?
    Nice question VIVEK
    and than for answer rajendra 🙂

  3. vivek says:

    what does this means

    Interest on Application Money – Allotted 10.00% p.a
    Interest on Application Money -Liable to be refunded at the rate of 7.00% p.a.

    /…??? please let me knw

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