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Shriram Transport Finance Company Ltd NCD (Shriram Transport Finance ncd) Detail

July 16, 2013 - July 24, 2013
Shriram Transport Finance Company Ltd Logo

Shriram Transport Finance Company ltd is the largest Indian asset financing NBFC, with a primary focus on financing pre-owned commercial vehicles. In addition they also provide commercial vehicle finance for new commercial vehicles.

They are amongst the leading financing institutions in the organized sector for the commercial vehicle industry in India for FTUs and SRTOs. They also provide financing for passenger commercial vehicles, multi-utility vehicles, three wheelers and tractors. In addition, they provide ancillary equipment and vehicle parts finance, such as loans for tyres and engine replacements, and provide working capital facility for FTUs and SRTOs. They also provide ancillary financial services targeted at commercial vehicle operators such as freight bill discounting and also market cobranded credit cards targeted at commercial vehicle operators in India, thereby providing comprehensive financing solutions to the road logistics industry in India.

The D&B Research Report had named the Company as the largest asset financing NBFC in India in their research based on various financial and non financial parameters of the NBFCs specified therein for the financial year ended March 31, 2012.

Shriram Transport Finance ncd Detail

Issue Open July 16, 2013 - July 24, 2013
Security Name Shriram Transport Finance Company Ltd
Security Type
Issue Size (Base) Rs [.] Crores
Issue Size (Shelf) Rs [.] Crores
Issue Price Rs 1000 per NCD
Face Value Rs 1000 each NCD
Minimum Lot size 10 NCD
Market Lot 10 NCD
Listing At BSE, NSE
Credit Rating
Tenor
Series
Payment Frequency
Basis of Allotment First Come First Serve Basis

Objects of the Issue

The object of the issue are to:

1. used for various financing activities including lending and investments;
2. repay their existing loans and their business operations including for their capital expenditure; and
3. working capital requirements.

The NCDs proposed to be issued under this Issue have been rated ‘CRISIL AA/Stable’ by CRISIL for an amount of upto 75,000 lacs vide its letter dated June 11, 2013 and ‘CARE AA+' by CARE for an amount of upto 75,000 lacs vide its letter dated June 12, 2013. The rating of the NCDs by CRISIL indicates high degree of safety regarding timely servicing of financial obligations and carrying very low credit risk.

Shriram Transport Finance ncd Prospectus

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Company Contact 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
Email: stfcncd5comp@stfc.in
Website: http://www.stfc.in

Shriram Transport Finance ncd Registrar


   
   
   

Phone:
Email: stfc.ncdissue2013@icicisecurities.com
Website: http://


1 Comments

1. jaydip     Link|June 8, 2016 1:23:40 PM
my ncd is now mature where i contact and surrender this bond if any idea reply me

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