Shriram Finance Ltd - INE721A07PN1
Microfinance
corporate
Coupon Rate
9.10%
Maturity Date
28 Jan 2027
ISIN
INE721A07PN1
Face Value
₹1,000
About Issue
This AA+ rated bond from Shriram Finance Ltd, a corporate, offers a Fixed coupon of 9.1% with maturity on 28 January 2027. Issued through the Public offer as under ISIN INE721A07PN1, 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
CARE 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
28 Jan 2020
Remaining Tenure
18M
Security Name
SHRIRAM FINANCE LIMITED SR VI 9.10 NCD 28JN27 FVRS1000
Risk Assessment
Credit Rating
Rating
CARE AA+ (Stable)
Date of Rating
05 Jul 2024
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