Shriram Finance Ltd - INE721A07NX5

Microfinance

corporate

Coupon Rate
9.40%
Maturity Date
12 Jul 2028
ISIN
INE721A07NX5copy
Face Value
₹1,000
About Issue
This AA+ rated bond from Shriram Finance Ltd, a corporate, offers a Fixed coupon of 9.4% with maturity on 12 July 2028. Issued through the Public offer as under ISIN INE721A07NX5, this bond ensures strong credit quality with minimal default risk, making it a dependable option for investors seeking better returns than traditional fixed deposits, without taking on significant risk. Ideal for investors who want stable returns with high credit assurance, while benefiting from a superior yield in a short-to-medium term horizon.
Key Attributes
Rating
CRISIL AA+ (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
12 Jul 2018
Remaining Tenure
3Y
Security Name
SHRIRAM FINANCE LIMITED TR-I SR-V 9.4 NCD 12JL28 FVRS1000
Risk Assessment
Credit Rating
Rating
CRISIL AA+ (Stable)
Date of Rating
30 Jan 2023
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