Shriram Finance Ltd - INE721A07QG3

Microfinance

corporate

Coupon Rate
8.00%
Maturity Date
28 Mar 2031
ISIN
INE721A07QG3copy
Face Value
₹10,00,000
About Issuer
This AA+ rated bond from Shriram Finance Ltd, a corporate, offers a Floating coupon of 8% with maturity on 28 March 2031. Issued through the Private placement as under ISIN INE721A07QG3, 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)
Tax Status
Taxable
Mode of Issue
Public
Private
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Floating
Sector
corporate
Total Issue Size
-
Allotment Date
30 Mar 2021
Remaining Tenure
5Y 8M
Security Name
SHRIRAM FINANCE LIMITED SR PPD 8 NCD 28MR31 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CRISIL AA+ (Stable)
Date of Rating
30 Jan 2023
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