Tag Archives: Equipment

UBI, Srei Equipment Finance enter pact for MSME sector finance

United Bank of India and Srei Equipment Finance have entered into an agreement for financing the MSME and agriculture sectors. Under the pact, UBI would leverage its low-cost loans with Srei to enable purchase of equipment and vehicles in a seamless manner, a statement by the state-run lender said. United Bank MD and CEO Ashok Kumar Pradhan hailed the agreement ... Read More »

The Iron Paradise: Dwayne Johnson’s travelling gym has 18,000 kg equipment

You probably already know that it takes years of rock hard commitment and discipline to build a body like that of Dwayne Johnson. But what you wouldn’t know is the extremes to which this hulk, the world’s highest paid actor, goes to ensure he never misses out on his daily workout: He carries his gym, all 18,000 kilos of equipment, ... Read More »

Srei Equipment Finance to raise Rs 2,000 cr through IPO

Srei Equipment Finance (SEF), wholly-owned subsidiary of Srei Infrastructure Finance, plans an initial public offer (IPO) of equity, to result in dilution of up to 25 per cent of the post-issue paid-up equity capital share. The company expects to raise Rs 1,800-2,200 crore through the IPO, expected to hit the market in the last quarter of this financial year. The proceeds would ... Read More »