SREI INFRASTRUCTURE FINANCE LIMITED

Public Issue of Secured Redeemable Non-Convertible Debentures

TERM SHEET

Issuer Srei Infrastructure Finance Limited

Base issue size of Rs 100 crore with an option to retain oversubscription of Rs 400
40
Issue size
crore aggregating upto Rs. 500 Crore.
Issue Opening Date April 09, 2019
Issue Closing Date** May 09, 2019
Face Value Rs. 1,000 each (For all options of NCDs)
Minimum application Rs. 10,000 (10 NCD) collectively across all Options
In multiples of One NCD (Rs. 1,000/-)
The NCDs are proposed to be listed on BSE within 6 Working Days from the respective
Listing
Tranche Issue Closing Date.
Issuance mode of the instrument Dematerialized form
Depositories NSDL and CDSL
Registrar Karvy Fintech Private Limited
Credit Rating Credit Rating of “BWR AA+(Double A Plus)”” by Brickwork Ratings India Private Limited
Basis of allotment First come First serve
Interest on application N.A
Mode of Submission of Application Forms ASBA
Put and Call Option N.A.
The date on which the Board or Committee of Director thereof approves the Allotment
of NCDs, or such date as may be determined by the Board of Directors/or any
Committee thereof and notified to the Designated Stock Exchange. All benefits relating
Deemed Date of Allotment
to the NCDs including interest on NCDs shall be available to Investors from the
Deemed Date of Allotment. The actual allotment of NCDs may take place on a date
other than the Deemed Date of Allotment.
Nature of Issue Public Issue of Secured Redeemable Non Convertible Debentures.

**The
The Tranche 1 Issue shall remain open for subscription on Working Days from 10 A.M. to 5 P.M. (Indian Standard Time) during the t period
indicated above, except that the Tranche 1 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. In the event of an early closure or extension of the Tranche 1 Issue, our Company
shallll ensure that notice of the same is provided to the prospective investors through advertisements in a leading national daily newspaper with
wide circulation on or before such earlier date of Tranche 1 Issue Closure or initial date of Tranche 1 Issue closure,
closu as the case may be. On the
Tranche 1 Issue Closing Date, the Application Forms will be accepted only between 10 a.m. and 3 p.m. (Indian Standard Time) anda uploaded until
5 p.m. or such extended time as may be permitted by the Stock Exchanges
Exchanges.

Category Wise Issue Allocation :-

Category I - Institutional (QIB) Category II – Non-Institutional (Corporate) Category III – Individual Investors
15% of Overall Issue Size* 15%
% of Overall Issue Size
Size* 70%
% of Overall Issue Size*
Size
Rs. 75 Crores Rs. 75 Crores Rs. 350
0 Crores
Crore
*On first come first serve basis to be determined on the basis of the bid uploads made with the scheduled Stock Exchanges.
 SPECIFIC TERMS FOR EACH SERIES OF NCDs

Series I II III IV*** V VI VII VIII

Frequency of Interest
N.A. Annual Monthly Annual N.A. Monthly Annual N.A.
Payment
Nature of Instruments Secured NCD Secured NCD Secured NCD
Tenor from Deemed
400 days 3 Years 5 Years
Date of Allotment
Minimum Application Rs. 10,000/- (10 NCDs) across all Series collectively
Face Value/Issue Price
Rs. 1,000/-
of NCDs (Rs/ NCD)
In Multiples of (Rs)
Rs. 1,000/- (1 NCD)
thereafter
Coupon (% per
annum) for Category I,
N.A. 9.75% 10.05% 10.50% N.A. 10.25% 10.75% N.A.
Category II & Category
III Investor(s)
Effective Yield (per
annum) for Category I,
9.81% 9.84% 10.52% 10.53% 10.51% 10.74% 10.76% 10.75%
Category II & Category
III Investor(s)
Mode of Interest
Through various modes available.
Payment
Amount (Rs/NCD) on
Maturity for Category
1,108 1,000 1,000 1,000 1,350 1,000 1,000 1,667
I, Category II &
Category III Investor(s)
Maturity Date (from
Deemed Date of 400 days 3 Years 5 Years
Allotment)
*** Our Company shall allocate and allot Series IV NCDs wherein the Applicants have not indicated their choice of the relevant NCD Series.

For all category of Investors in the proposed Issue and who are holders of NCD(s)/Bond(s) previously issued by our Company and/ or Srei Equipment Finance Limited
(“SEFL”) and/or are equity shareholder(s) of SIFL and/or Senior Citizens and/or are existing employees of Srei Group on the Deemed Date of Allotment and who have
subscribed for Series III, Series IV, Series VI and/or Series VII NCDs shall be eligible for additional incentive of 0.25 % p.a. provided the proposed Secured NCDs are
held by the investors on the relevant Record Date applicable for payment of respective coupons in respect Series III, Series IV, Series VI and/or Series VII and are
Secured NCD Holders on the Record Date for redemption of NCD in case of Series III, Series IV, Series VI and/or Series VII Secured NCDs.
For all category of Investors in the proposed Issue and who are holders of NCD(s)/Bond(s) previously issued by our Company and/ or SIFL and/or are equity
shareholder(s) of SIFL and/or Senior Citizens and/or exiting employees of Srei Group on the Deemed Date of Allotment applying in Series V and/or Series VIII Secured
NCDs, the maturity amount at redemption along with the additional yield would be `1,359/- per NCD, and `1,686/- per NCD respectively.

Any category of Investors subscribing to Series I NCDs and Series II NCDs shall not be eligible for any additional incentive, regardless of their qualifications as
mentioned hereinabove.

On any relevant Record Date, the Registrar and/or our Company shall determine the list of the Primary holder(s) of this Issue and identify such Investor/ NCD Holders,
(based on their DP identification and /or PAN and/or entries in the Register of NCD Holders) and make the requisite payment of additional incentive.

The additional incentive will be given only on the NCDs allotted in this Issue i.e. to the Primary holder(s). In case if any NCD is bought/acquired from secondary market
or from open market, additional incentive will not be paid on such bought/acquired NCD.

In case the Primary holder(s) sells/gifts/transfer any NCDs allotted in this public issue, additional incentive will not be paid on such sold/gifted/transferred NCD except
in case where NCDs are transferred to the Joint holder/Nominee in case of death of the primary holder.

Senior Citizen(s) have to provide self -attested copy of PAN card as additional KYC document for the eligibility of additional incentive of 0.25% per annum. In case
of non-receipt of copy of PAN along with application form while applying for the NCDs of the proposed Issue, the additional incentive of 0.25% p.a. will not be
applicable. Employees have to provide a copy of employee ID card or written certificate from human resource department of Issuer along with the application
form to avail additional coupon of 0.25% p.a.
Who can apply:-

Category I – Institutional Investors

• Public Financial Institutions, Scheduled Commercial Banks, Indian multilateral and bilateral Development Financial
Institutions who are authorized to invest in the NCDs;
• Provident funds and Pension Funds with minimum corpus of Rs. 2500.00 lacs , superannuation Funds and gratuity Funds,
which are authorized to invest in the NCDs;
• Venture Capital Funds and/or Alternative Investment Funds registered with SEBI;
• Insurance companies registered with the IRDA;
• Insurance funds set up and managed by the army, navy or air force of the Union of India;
• Insurance funds set up and managed by the Department of Posts of the Union of India;
• Systemically Important Non-Banking Financial Company, registered with the Reserve Bank of India and having a net-worth of
more than five thousand million rupees as per the last audited financial statements
• National Investment Fund (set up by resolution no. F. No. 2/3/2005-DDII dated November 23, 2005 of the Government of
India and published in the Gazette of India);
• State Industrial Development Corporations and
• Mutual Funds registered with SEBI.

Category II – Non Institutional Investors:-

• Companies within the meaning of section 2(20) of the Companies Act, 2013
• Statutory bodies/corporations/ societies registered under applicable laws in India and authorized to invest in the NCDs;
• Cooperative banks and Regional Rural Banks;
• Trusts including public/ private charitable/religious trusts which are authorized to invest in the NCDs;
• Scientific and/or industrial research organizations, which are authorized to invest in the NCDs;
• Partnership firms in the name of partners;
• Limited Liability Partnerships formed and registered under the provisions of the Limited Liability Partnership Act, 2008 (No. 6
of 2009);
• Association of persons;
• Any other incorporated and/or unincorporated body of persons

Category III - Individual Investors :-

• Resident Indian individuals and
• Hindu Undivided Families through the Karta.

Please note that Persons Resident outside India shall not be eligible to participate in the Issue and any applications from
such persons shall be liable to be rejected.

With reference to the SEBI Circular dated 27th July 2012 - All Debt issue applications must be bidded before getting
submitted with the collecting bankers. Kindly ensure to bid applications at RR offices before banking. RR will not be
responsible for any non allotment of applications banked without bidding.

Application forms will be available on www.rrfinance.com

Get in touch with us:

ipo@rrfcl.com Phone : 011-23354802, 09312940483 Web : www.rrfinance.com