Monday, October 15, 2018

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

Shriram Transport Finance Company Ltd is based in Chennai and incorporated in 1979. The company is one of the largest access financing non-banking finance company in India. The company is providing finance for passenger vehicles, multi utility vehicles, three wheeler, tractors and more. They also provide finance for vehicle parts and loans for tyres-engine replacements. They are one of the oldest financing firm and doing well for last few decades. The Secured NCD issue will start from 15-October and it will end on 29-October-2018.

Shriram Transport Finance NCD Issue Details:
  • NCD Issue Open: 15 October 2018
  • NCD Issue Close: 29 October 2018
  • NCD Issue Size: Rs.1350 Crore
  • Price Band: Rs.1000
  • Interest Rate: Upto 9.70% ** (Annually)
  • Minimum Investment: 10 Bonds (Rs 10,000)
  • Maximum Investment: 1,000 Bonds (Rs 10,00,000)
  • Listing: BSE, NSE
Shriram Transport Finance NCD Issue Rating:
  • CRISIL ratings: AA+/ Stable
  • India Ratings & Research: IND AA+: Outlook Stable
Shriram Transport Finance NCD Issue Listing:
  • NCD Bonds will be list on BSE & NSE
Shriram Transport Finance NCD Issue Promoters:
  • Sriram Capital Limited
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 centres.
Shriram Transport Finance NCD Issue Tenure & Interest Rates:

TenureInterest Rate
Interest Rate
Interest Rate
3 Years--9.39%
5 Years9.50%9.40%9.49%
10 Years9.70%9.50%9.69%
Shriram Transport Finance NCD Lead Manager:
  • Edelweiss Capital Limited
NCD Registrar:
Integrated Registry Management Services Private Limited
2 nd Floor, "Kences Towers",
Ramakrishna Street, North Usman Road,
T. Nagar, Chennai - 600 017
Phone: + 91 44 2814 0801 to 803
Fax: :+91 44 28142479

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