9.20%Shriram Finance Limited 22 May 2029
ISIN:
INE721A07SA2
Taxable
Tax Category
22 May, 2029
Maturity Date
(4 Yr 9 Mo 24 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
22 May, 2024
Allotment Date
NA
Put Date
22 May, 2025
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
₹NaN
Dirty Price
YOUR EARNING
Your Investment
Final Payout
₹0
Year
Payment Schedule(Date)
Interest Payout(₹)
*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 Finance Limited
Shriram Finance Limited is a merged entity through amalgamation of Shriram City Union Finance Limited (SCUF) and Shriram Capital Limited (SCL) with Shriram Transport Finance Company Limited (STFC) e amalgamation is driven by the synergies of both the entities opening the path to a greater inclusive growth e merged entity caters to a greater customer base with better product servicing and operational efficiency.
The ratio in FY24 is 5.47x and it was 5.51x in FY23, indicating decrease in debt level due to significant increase in profitability in FY24.
Debt/EBITDA
The ratio in FY24 is 1.65x and it was 1.65x in FY23, indicating there is no change in debt servicing ability of the issuer.
Interest coverage ratio
Recent News
Shriram Finance created out of the merger of Shriram Transport Finance
Jun 01, 2023 | Shriram Finance Limited
Personal Vehicle, Gold Loans To Drive Shriram Finance Growth, Rise In AUM
Mar 27, 2024 | Shriram Finance Limited
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STEPS TO BUY THIS BOND
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Aadhaar Card
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To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
₹100.6501
Price
9.0077%
Yield
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BOND VALUE DETAILS
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