Srei Equipment Finance plans to raise Rs 250 crore through issue of bonds in 2012-13 after it converts itself into a public limited company. However, the firm said it does not have any plan to list anytime soon.

   Since both the partners of the firm are ready to invest equity whenever needed, the firm has does not think of listing itself in the stock market. But it wants to tap the retail debt market.

   Srei Equipment Finance, which is into new construction equipment financing, medical and IT equipment financing, is a joint venture between Srei Infrastructure Finance and BNP Paribas. The company also plans to raise an additional Rs 1,000 crore by tapping the debt market in fiscal 2014.

   The parent companies – Srei Infrastructure Finance and BNP Paribas -- have infused Rs 200 crore equity into the company. This takes the net worth of Srei Equipment Finance to over Rs 1,660 crore.

   With the revival in economic sentiment, the additional equity investment augurs well for us. Being a market leader with over 30 per cent market share in infrastructure and construction equipment financing, Srei Equipment Finance mirrors industry growth, a company official said.