Monday, January 07, 2019

9.70% Shriram Transport Finance NCD January 2019 Issue Dates, Rating & Interest Rates

 Monday, January 07, 2019  
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Shriram Transport Finance is coming up with Secured NCDs. The subscription to start from 7th January 2019. Shriram Transport Finance will offer 9.7% interest rates on the NCDs. This will be good for the secured income investors. It is good for the short and long term both. The company Shriram Transport Finance is one of the largest non banking finance company (NBFC) in India promoted by Shriram Finance Limited. The company offers finance on road transport operators for financing pre-owned commercial vehicles.


Shriram Transport Finance NCD Issue December 2018 Details:
  • NCD Issue Open: 07 January 2019
  • NCD Issue Close: 31 January 2019is 
  • NCD Issue Size: Rs.700 Crore
  • Price Band: Rs.1000
  • NCD's: 3,000,000 of Rs.1000 Each
  • Interest Rate: Upto 9.50% ** (Annually)
    Extra 0.25% for Senior Citizens
  • 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:
  • India Rating and Research Ratings: IND AA+ Outlook
  • CRISIL Ratings: CRISIL AA+ / Stable
Shriram Transport Finance NCD Issue Listing:
  • NCD Bonds will be list on BSE & NSE.
Shriram Transport Finance NCD Issue Promoters:
  • Shriram 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 (January 2019) Issue Tenure & Interest Rates: Details
AnnualMonthlyAnnualCumulative
3 Years-9.39%9.40%
5 Years9.50%9.49%9.50%
10 Years9.70%9.69%-

Shriram Transport Finance NCD Lead Manager:

  • A.K. Capital Services Limited
  • Axis Bank Limited
  • Catalyst Trusteeship Limited
  • Edelweiss Capital Limited
  • JM Financial Consultants Pvt Limited
  • Trust Investment Advisors Private Limited
Shriram Transport Finance NCD (January 2019) Allotment Status:
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
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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