Moneycontrol PRO
HomeNewsBusinessEarningsRaising capital in SREI Equipment; propose to list the company soon: SREI Infra

Raising capital in SREI Equipment; propose to list the company soon: SREI Infra

SREI Infrastructure Finance is in focus after delivering a good Q3 performance. In an interview to CNBC-TV18, Sunil Kanoria, VC of SREI Infra spoke about the results and his outlook for the company.

January 18, 2018 / 15:01 IST

SREI Infrastructure Finance is in focus after delivering a good Q3 performance. In an interview to CNBC-TV18, Sunil Kanoria, VC of SREI Infra spoke about the results and his outlook for the company.

Kanoria said that from the previous year to this year our overall disbursements have grown over 30 percent, asset under management (AUM) has grown over 20 percent and profit after tax (PAT) has also grown, on a consolidated basis, close to 50 percent.

Talking about SREI Equipment, he said we have filed Draft Red Herring Prospectus (DRHP) and waiting for Securities and Exchange Board of India's (Sebi) clearance. We are raising capital in SREI Equipment and we propose to list the company very soon.

Watch accompanying video for more details.

CNBC-TV18
first published: Jan 18, 2018 03:01 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347