From private equity (PE) investors, Shriram Equipment Finance Company (SEFC) is mulling to raise about Rs 150-200 crore and rope in strategic investors. SEFC is a subsidiary of Shriram Transport Finance Corporation, which has an asset base of about Rs 56,000 crore.
The company expects to grow at a compounded annual rate of 15 per cent and require Rs 150-200 crore, the company said. Some funds have already approached the company.
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