Shriram Transport Finance NCD Issue Dates, Rating & Interest Rates (June 2018)

IPO Initial Public Offerings
Shriram Transport Finance Company is incorporated in 1979 based in Chennai. The company is one of the largest non-banking finance companies in India. They are doing finance business and cater to small road transport operators, financing pre-owned commercial vehicles, new commercial vehicles and more. The company also provides comprehensive financing solutions to road logistics industry as well. They have above 23K employees on payroll till March 2018.

Shriram Transport Finance NCD Issue Details:

  • NCD Issue Open: 27 June 2018
  • NCD Issue Close: 20 July 2018
  • NCD Issue Size: Rs.5000 Crore
  • Price Band: Rs.1000 Each
  • NCD’s:
  • Interest Rate: Upto 9.40% ** (Annually)
  • Minimum Investment: 10 Bonds (Rs 10,000)
  • Listing: BSE, NSE

Shriram Transport Finance NCD Issue Rating: (Secured & Unsecured)

  • CRISIL Ratings: CRISIL AA+/Stable
  • India Ratings & Research Ratings: IND AA+: Outlook Stable

Shriram Transport Finance NCD Issue Listing:

  • NCD Bonds will be list on BSE and NSE.

Shriram Transport Finance NCD Issue Promoters:

  • Shriram Capital Limited (“SCL”)

How to Apply Shriram Transport Finance NCD Issue?
You can apply from your existing demat account online and offline. You can apply via downloading form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centers.

Shriram Transport Finance NCD Issue Tenure & Interest Rates:Note: Senior Citizens would get 0.35% extra interest rate in NCD.

TenureInterest Rate
Monthly
Interest Rate
Yearly
Call Option
3 Years9.10%No
5 Years8.93%9.30%No
10 Years9.03%9.40%No

Sponsored Links

Shriram Transport Finance NCD Lead Manager:

  • A.K. Capital Services Limited
  • Axis Bank Limited 
  • Edelweiss Capital Limited
  • Trust Investment Advisors Private Limited 
  • JM Financial Consultants Private Limited

NCD Registrar:
Integrated Registry Management Services Private Limited
Phone: + 91 44 2814 0801 to 803
Fax: :+91 44 28142479
Email: [email protected]
Website: http://www.integratedindia.in/

Company Information:
Shriram Transport Finance Company Ltd
Mookambika Complex, 3rd Floor,
No. 4, Lady Desika Road,
Mylapore, Chennai, Tamil Nadu- 600004
Phone: +91 44 2499 0356
Fax: +91 44 2499 0356
Email: [email protected]
Website: http://www.stfc.in

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