7.45%Shriram Housing Finance Limited 04 Mar 2025
ISIN:
INE432R07299
Taxable
Tax Category
04 Mar, 2025
Maturity Date
(4 Mo 9 D to mature)
Quarterly
Interest Payment Frequency
Yes
NRI Eligibility
04 Mar, 2022
Allotment Date
NA
Put Date
04 Dec, 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?
An investment secured with collateral helps
ISSUER
Shriram Housing Finance Limited
Shriram Housing Finance Ltd was established in 2011 as a non-deposit taking housing finance company with National Housing Bank. SHFL is a subsidiary of Shriram City Union Finance Ltd. It commenced operations with an objective to provide affordable housing finance but in Jun’18 the company has gone under restructuring of its operations and a shift in strategy.
The ratio in FY24 is 9.15x and it was 10.81x in FY23, indicating decrease in the debt level due to significant increase in the profitability in FY24.
Debt/EBITDA
The ratio in FY24 is 1.40x and it was 1.43x in FY23, decrease in debt servicing ability of the issuer due to increase in the Interest on Bank borrowings and Interest on debt securities which resulted in overall increase in the finance cost in FY24.
Interest coverage ratio
Recent News
New home for Shriram Housing Finance
Mar 27, 2024 | Shriram Housing Finance Limited
Shriram Housing Finance's net profit up 69% to Rs 61.5 crore in Q3 FY24
Mar 27, 2024 | Shriram Housing Finance Limited
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