Shriram Finance Ltd - INE721A08CX6

Microfinance

corporate

Coupon Rate
8.50%
Maturity Date
29 Dec 2026
ISIN
INE721A08CX6copy
Face Value
₹10,00,000
About Issue
This AA+ rated bond from Shriram Finance Ltd, a corporate, offers a Fixed coupon of 8.5% with maturity on 29 December 2026. Issued through the Private placement as under ISIN INE721A08CX6, 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
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
29 Dec 2016
Remaining Tenure
17M
Security Name
SHRIRAM FINANCE LIMITED SR-02 8.5 NCD 29DC26 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CRISIL AA+ (Stable)
Date of Rating
30 Jan 2023
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