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Bond Directory / SHRIRAM CITY UNION FINANCE LIMITED

SHRIRAM CITY UNION FINANCE LIMITED

ACTIVE

10 YEAR GSEC LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES XXIII. TRANCHE 02. DATE OF MATURITY 30/03/2023

ISIN

INE722A07AT8

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Essentials

Coupon Rate (Returns)

G SEC LINK

Rating

PP-MLD AA r  INDIA RATING AND RESEARCH PVT. LTD

Interest Payment Frequency

MATURITY

On Maturity

Maturity after

1 years 6 months

Mar 30, 2023

Face Value

₹10,00,000

Coupon Type

Simple

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Get at 8.10% from IndiaBonds

Issue Details

Issue Size

200 Crores

Issue Price

₹10,11,915

Security class

Debentures

Listing details

BSE

Debenture Trustee

Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited)

Issue

Private

Issuer Details

SHRIRAM CITY UNION FINANCE LIMITED

Business Sector

Finance

Issuer Nature type

NBFC

Issuer Ownership

Non PSU

Factors

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

*Rating Agency -INDIA RATING AND RESEARCH PVT. LTD

Factors

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

*Rating Agency - INDIA RATING AND RESEARCH PVT. LTD

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What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

PP-MLD AA r

(Mar 23, 2021)

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

Senior

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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