10.25%Shriram Transport Finance Company Limited 27 Dec 2024
ISIN:
INE721A08DE4
Taxable
Tax Category
27 Dec, 2024
Maturity Date
(3 Mo 17 D to mature)
Monthly
Interest Payment Frequency
No
NRI Eligibility
31 Dec, 2018
Allotment Date
NA
Put Date
28 Sep, 2024
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
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ISSUER
Shriram Transport Finance Company Limited
Shriram Finance is the country’s one of the biggest retail NBFC offering credit solutions for commercial vehicles, two-wheeler loans, car loans, home loans, gold loans, personal and small business loans. In November 2022, Shriram Group’s entities – Shriram Transport Finance Company Limited, Shriram City Union Finance Limited, and Shriram Capital Limited – merged to form Shriram Finance Limited.
The ratio in FY24 is 5.47x and it was 5.52x in FY23, indicating decreasing debt levels despite there increase in the borrowing as well as finance cost, still the issuer is able to significantly increase its profitability.
Debt/EBITDA
The ratio in FY24 is 1.65x and it was 1.65x in FY23, indicating there are no changes in the debt servicing ability of the issuer.
Interest coverage ratio
Recent News
Shriram Housing Finance may defer in the share scale
May 31, 2023 | Shriram Transport Finance Company Limited
Shriram Finance shares rise 1.74% as Sensex slides
Mar 26, 2024 | Shriram Transport Finance Company Limited
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