Monday, July 15, 2019

9.71% Shriram Transport Finance NCD July 2019 Issue Dates, Rating & Interest Rates

Shriram Transport Finance is coming up with Tranche I of Secured NCDs. The subscription to start from 17th July 2019. Shriram Transport Finance will offer 9.71% interest rates on the NCDs. Shriram Transport Finance Company Limited incorporated in 1979 and one of the leading asset finance NBFC firm. They offer finance for pre-owned commercial vehicles. They are a part of Shriram group of companies. The company has over 1200 branches and over 23500 employes on its payroll. The NCDs tenure will be for 30 months, 42 months, 60 months and 84 months.

Shriram Transport Finance NCD Issue Details:
  • NCD Issue Open: 17 July 2019
  • NCD Issue Close: 19 August 2019
  • NCD Issue Size: Rs.300 Crore
  • Price Band: Rs.1000
  • Interest Rate: Upto 9.71% ** (Annually) (0.25% extra 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:
  • CARE Ratings: CARE AA+ Stable
  • 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 (July 2019) Issue Tenure & Interest Rates: Details
30 Months-9.30%-
42 Months9.12%9.50%-
60 Months9.22%9.60%-
84 Months9.31%9.70%-

Shriram Transport Finance NCD Lead Manager:

  • A.K. Capital Services Limited
  • JM Financial
  • SMC Capital
Shriram Transport Finance NCD (July 2019) Allotment Status:
NCD Registrar:
Integrated Registry Management Services Private Limited
2nd 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