Thursday, April 04, 2019

9.75% Shriram City Union Finance NCD April 2019 Issue Dates, Rating & Interest Rates

Shriram City Union Finance is coming up with Secured Redeemable Non-Convertible Debentures NCDs. The subscription to start from 5th April 2019. Shriram City Union Finance will offer 9.75% interest rates on the NCDs. Shriram City Union Finance (SCUF) company is a part of Shriram Group. The company is deposit-taking NBFC which offers small and MSME financing, gold loans, two wheeler and auto loans, housing finance loans and personal loans. They are in operations since 1986. They have over 1000 branches in India.

Shriram City Union Finance NCD Issue Details:
  • NCD Issue Open: 05 April 2019
  • NCD Issue Close: 03 May 2019
  • NCD Issue Size: Rs.3000 Crore
  • Price Band: Rs.1000
  • Interest Rate: Upto 9.75% ** (Annually)
  • Minimum Investment: 10 Bonds (Rs 10,000)
  • Maximum Investment: 1,000 Bonds (Rs 10,00,000)
  • Listing: BSE
Shriram City Union Finance NCD Issue Rating:
  • CARE Ratings: AA+ Stable
  • CRISIL Ratings: CRISIL AA / Stable
Shriram City Union Finance NCD Issue Listing:
  • NCD Bonds will be list on BSE.
Shriram City Union Finance NCD Issue Promoters:
  • Shriram Capital Limited
How to Apply Shriram City Union 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 City Union Finance NCD (April 2019) Issue Tenure & Interest Rates: Details
24 Months-9.55%9.55%
36 Months9.65%9.64%9.65%
60 Months9.75%9.74%9.75%

Shriram City Union Finance NCD Lead Manager:

  • A.K. Capital Services Limited
  • Edelweiss Capital Limited
Shriram City Union Finance NCD (April 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

Company Information:
Shriram City Union Finance Limited
Shriram City Union Finance Ltd,
123, Angappa Naicken Street,
Chennai- 600 001, Tamil Nadu
Phone: + 91 44 4392 5300