Shriram Finance Ltd - INE721A08CY4
Microfinance
corporate
Coupon Rate
8.20%
Maturity Date
15 Oct 2027
ISIN
INE721A08CY4
Face Value
₹10,00,000
About Issue
This AA+ rated bond from Shriram Finance Ltd, a corporate, offers a Fixed coupon of 8.2% with maturity on 15 October 2027. Issued through the Private placement as under ISIN INE721A08CY4, 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
100.00 Cr
Allotment Date
23 Mar 2018
Remaining Tenure
2Y 3M
Security Name
SHRIRAM FINANCE LIMITED SR 01 8.20 15OT27 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CRISIL AA+ (Stable)
Date of Rating
30 Jan 2023
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