10.25% SHRIRAM TRANSPORT FINANCE COMPANY LIMITED 2024

Term Sheet
INE721A08DC8
*(Eligible Investors - Individual,HUF,Corporate,Trust,Minor ) High Return bond

Bond's Rating

Rating Agency Rating Remarks Rating Rationale
CRISIL AA+ Stable - PDF File
INDIA RATING AA+ Stable - -

Issuer's Type

NBFC

About Issuer :

Shriram Group is an Indian conglomerate founded on 5 April 1974 by Ramamurthy Thyagarajan, AVS Raja and T. Jayaraman. They have their headquarters in Chennai, Tamil Nadu, India. The group had its beginning in chit funds business and later on entered the lending business through Shriram Transport Finance (Commercial Vehicle Finance) and Shriram City Union Finance (Consumer and MSME Finance).

Issuer's Link

https://www.stfc.in/home.aspx

Issuer's Financial Link

https://www.stfc.in/financial-reports.aspx


A Quick Highlight. Face Value (In INR) and Issue Size (In INR Crores)

Face Value

10,00,000.00

Coupon Rate

10.2500% (Fix)

Issue Date

28/Nov/2018

Maturity Date

26/Apr/2024

Remaining Period

2y 4m 26d

Tax Free

No

Interest Payment Type

Simple

Interest Frequency

Monthly

Issue Size (in Crores)

1,775.00

Max. Available Quantity

3

TDS on Interest

No

Call Option

N.A.

Put Option

N.A.

Govt. Guarantee

No

Security

Unsecured


Remarks

Please Consider The Risk Before Investing.