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Bond Directory / SHRIRAM TRANSPORT FINANCE COMPANY LIMITED

SHRIRAM TRANSPORT FINANCE COMPANY LIMITED

ACTIVE

9.60% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES VI. DATE OF MATURITY: 22/08/2024

ISIN

INE721A07PD2

Copied

Essentials

Coupon Rate (Returns)

9.60%

Rating

AA+  CARE RATINGS LIMITED

Interest Payment Frequency

ANNUALLY

Once Every Year

Maturity after

2 years 11 months

Aug 22, 2024

Face Value

₹1,000

Coupon Type

Simple

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

47.20 Crores

Issue Price

₹1,030

Security class

Debentures

Listing details

NSE & BSE

Debenture Trustee

Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited)

Issue

Public

Issuer Details

SHRIRAM TRANSPORT FINANCE COMPANY LIMITED

Business Sector

Finance

Issuer Nature type

NBFC

Issuer Ownership

Non PSU

Factors

Issue Size

Medium

Rating Category*

AA

Tax Saving

No

Issue Type

Public

Coupon Type

Simple

*Rating Agency -CARE RATINGS LIMITED

Factors

Issue Size

Medium

Rating Category*

AA

Tax Saving

No

Issue Type

Public

Coupon Type

Simple

*Rating Agency - CARE RATINGS LIMITED

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What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

AA+

(Jun 28, 2019)

Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.

Credit Outlook

Stable

A Stable outlook indicates that the Rating is likely to remain unchanged

Rating Watch

Not Applicable

Not Applicable

Repayment Priority

Higher the level, higher the priority of investment repayment on default

None

Security with Collateral?

An investment secured with collateral helps

SECURED

UNSECURED

Type of Guarantee

Guarantee of investment by third-party if company defaults

GUARANTEED

NON GUARANTEED

PARTIAL GUARANTEED

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Demat details

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