SEITINVIT
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India New Issue-Sustainable Energy Infra Trust accepts bids for bond issues, bankers say
MUMBAI, July 24 (Reuters) - India's Sustainable Energy Infra Trust SUSA.NS has accepted bids worth 7.50 billion Indian rupees ($86.80 million) for bonds maturing in five years and seven years, three bankers said on Thursday.
The company had invited commitment bids for the issue earlier in the day, they said.
The trust did not immediately reply to a Reuters email seeking comment.
Here is the list of deals reported so far on July 24:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Sustainable Energy Infra Trust | 5 years | 7.15 (quarterly) | 3.75 | July 24 | AAA (Crisil) |
Sustainable Energy Infra Trust | 7 years | 7.2780 (quarterly) | 3.75 | July 24 | AAA (Crisil) |
NABARD | 3 years and over 2 months | 6.66 | 70 | July 24 | AAA (Crisil, India rating) |
Tata Capital Housing November 2027 Reissue | 2 years and 3 months | To be decided | 2.5+2.5 | July 25 | AAA (Crisil, Icra) |
Tata Capital Housing December 2028 Reissue | 3 years and 4 months | To be decided | 5+10 | July 25 | AAA (Crisil, Icra) |
Piramal Finance | 2 years | 9 | 1.75+5.25 | July 25 | AA (Care) |
Piramal Finance | 5 years | 9.1 | 0.25+1.25 | July 25 | AA (Care) |
DLF Cyber City Developers | 3 years | 6.92 (payable quarterly) | 11 | July 25 | AAA (Crisil, Icra) |
*Size includes base plus greenshoe for some issues
($1 = 86.4060 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Vijay Kishore)
MUMBAI, July 24 (Reuters) - India's Sustainable Energy Infra Trust SUSA.NS has accepted bids worth 7.50 billion Indian rupees ($86.80 million) for bonds maturing in five years and seven years, three bankers said on Thursday.
The company had invited commitment bids for the issue earlier in the day, they said.
The trust did not immediately reply to a Reuters email seeking comment.
Here is the list of deals reported so far on July 24:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Sustainable Energy Infra Trust | 5 years | 7.15 (quarterly) | 3.75 | July 24 | AAA (Crisil) |
Sustainable Energy Infra Trust | 7 years | 7.2780 (quarterly) | 3.75 | July 24 | AAA (Crisil) |
NABARD | 3 years and over 2 months | 6.66 | 70 | July 24 | AAA (Crisil, India rating) |
Tata Capital Housing November 2027 Reissue | 2 years and 3 months | To be decided | 2.5+2.5 | July 25 | AAA (Crisil, Icra) |
Tata Capital Housing December 2028 Reissue | 3 years and 4 months | To be decided | 5+10 | July 25 | AAA (Crisil, Icra) |
Piramal Finance | 2 years | 9 | 1.75+5.25 | July 25 | AA (Care) |
Piramal Finance | 5 years | 9.1 | 0.25+1.25 | July 25 | AA (Care) |
DLF Cyber City Developers | 3 years | 6.92 (payable quarterly) | 11 | July 25 | AAA (Crisil, Icra) |
*Size includes base plus greenshoe for some issues
($1 = 86.4060 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Vijay Kishore)
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Popular questions
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What does SEITINVIT do?
NA
Who are the competitors of SEITINVIT?
SEITINVIT major competitors are OCCL, Covance Softsol, DRS Cargo Movers, Taurian MPS, Kwality Wall's India, Mahalaxmi Fabric, Indef Manufacturing. Market Cap of SEITINVIT is ₹0 Crs. While the median market cap of its peers are ₹206 Crs.
Is SEITINVIT financially stable compared to its competitors?
SEITINVIT seems to be less financially stable compared to its competitors. Altman Z score of SEITINVIT is 0 and is ranked 6 out of its 8 competitors.
Does SEITINVIT pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. SEITINVIT latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has SEITINVIT allocated its funds?
NA
How strong is SEITINVIT balance sheet?
SEITINVIT balance sheet is weak and might have solvency issues
Is the profitablity of SEITINVIT improving?
The profit is oscillating. The profit of SEITINVIT is ₹0 Crs for Mar 2026, ₹0 Crs for Mar 2025 and ₹0 Crs for Mar 2024
Is the debt of SEITINVIT increasing or decreasing?
Yes, The net debt of SEITINVIT is increasing. Latest net debt of SEITINVIT is ₹0 Crs as of latest yr. This is greater than previous yr when it was ₹0 Crs.
Is SEITINVIT stock expensive?
There is insufficient historical data to gauge this. Latest PE of SEITINVIT is 0
Has the share price of SEITINVIT grown faster than its competition?
There is not enough historical data for the companies share price.
Is the promoter bullish about SEITINVIT?
There is Insufficient data to gauge this.
Are mutual funds buying/selling SEITINVIT?
There is Insufficient data to gauge this.
