Intrinsic Value

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Srei Infrastructure Finance and Srei Equipment Finance (SEFL) generated a lot of interest among potential bidders after the administrator restarted the sale process a couple of months ago. ArcelorMittal-promoted A M Mining India and Capri Global - the two late entrants - have sought longer time for …

Srei companies, RCap may get more resolution offers

“National Company Law Tribunal, Kolkata bench has extended the time of completion of Corporate Insolvency Resolution Process till 5th January, 2023 with respect to the ongoing CIRP of the company,” Srei said in a BSE filing.

NCLT extends IRP for Srei Infra till January 5

As per an NCLT order dated October 31, 2022, the Srei administrator had sought more time till January 2023 for completion of CIRP

NCLT extends insolvency resolution process for Srei Infra till Jan 5

After lenders restarted the sale process of Srei Equipment Finance and Srei Infrastructure Finance, administrator Rajnish Sharma had set a deadline of October 15 for accepting resolution plans.

Lenders of two Srei companies extend offer deadline by a month

Further, lead banks will seek consent from member banks to sell another 15 shortlisted accounts, including Jaypee Infratech, Srei Infrastructure Finance, Srei Equipment and a few Future Group companies, to the bad bank, the people said.

Fin Min asks banks to sell at least 3 accounts to NARCL by Oct-end

On July 16, 2018, the Mumbai bench of the National Company Law Tribunal (NCLT) admitted the insolvency resolution petition filed by Srei Infrastructure Finance after the borrower defaulted on its dues. Subsequently, the company was admitted for liquidation on October 18, 2021, in the absence of any …

Jindal Poly, Arham in race for Sandesaras’ Sterling SEZ

Srei Infrastructure Finance Limited and Srei Equipment Finance Limited are undergoing a resolution process under the Insolvency and Bankruptcy Code.

Srei group receives two resolution plans for debt-ridden companies: Report

“This is to inform you that the 13th (Thirteenth) meeting of the Consolidated Committee of Creditors of Srei Infrastructure Finance Limited and Srei Equipment Finance Limited was duly convened and conducted on Monday, August 29, 2022, from 5:15 P.M. onwards. The meeting was conducted virtually.

Srei group receives two resolution plans

The development comes at the time when the resolution is at an advanced stage, and financial bids are expected to be submitted latest by August 10 for taking over debt-ridden Srei Infrastructure Finance Ltd (SIFL) and Srei Equipment Finance Ltd (SEFL).

NARCL interested in taking over loan accounts of debt-ridden Srei: Official

The largest account on the list is Srei Equipment Finance with an outstanding loan of Rs 22,485 crore. The list also includes Srei Infrastructure Finance (Rs 10,330 crore outstanding), Future Retail (Rs 10,700 crore), Future Entertainment (Rs 5,800 crore), Future Lifestyles Fashions (Rs 1,781 crore)…

Future, Srei Cos among 17 accounts in NARCL’s buy list

On July 1, 2016, the Reserve Bank of India came out with a Master Circular on “Frauds – Classification and Reporting” under Section 35 A of the Banking Regulation Act, 1949, later updated on July 3, 2017. The circular is divided into 11 chapters, with one entirely devoted to “Loan Frauds- New Framew…

Misuse of fraud classification guidelines by banks is rampant: Sunil Kanoria, co-founder Srei Infrastructure Finance

Srei Infrastructure Finance Limited is an infrastructure finance company. The Company is engaged in the business of financing of companies or of providing infrastructural facilities. Its operating segment includes include Financial Services. It has a portfolio in infrastructure sectors, such as transport, energy, water sanitation, communication, social and commercial infrastructure, among others. The Company business activities focused on infrastructure equipment services and project finance; fee-based, including project advisory, project development, investment banking, alternative investment funds and insurance broking, and strategic investments, including telecommunication infrastructure, transportation, rentals, rural information technology infrastructure, and special economic zone (SEZ) and industrial parks. The Company subsidiaries include Srei Capital Markets Limited and Srei Forex Limited.

Srei Infrastructure Finance Ltd

Srei Infrastructure Finance Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Srei companies, RCap may get more resolution offers

NCLT extends IRP for Srei Infra till January 5

NCLT extends insolvency resolution process for Srei Infra till Jan 5

Lenders of two Srei companies extend offer deadline by a month

Fin Min asks banks to sell at least 3 accounts to NARCL by Oct-end

Jindal Poly, Arham in race for Sandesaras’ Sterling SEZ

Srei group receives two resolution plans for debt-ridden companies: Report

Srei Infrastructure Finance Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Srei companies, RCap may get more resolution offers

NCLT extends IRP for Srei Infra till January 5

NCLT extends insolvency resolution process for Srei Infra till Jan 5

Lenders of two Srei companies extend offer deadline by a month

Fin Min asks banks to sell at least 3 accounts to NARCL by Oct-end

Jindal Poly, Arham in race for Sandesaras’ Sterling SEZ

Srei group receives two resolution plans for debt-ridden companies: Report

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock