Shriram Finance Ltd
Microfinance
corporate
Microfinance
corporate
Tenure
3Y 11M
Tenure
3Y 11M
About Issuer
This AA rated bond from Shriram Finance Ltd, a corporate, offers a Fixed coupon of 9.25% with maturity on 08 February 2030. Issued through the Private placement as under ISIN INE722A07AN1, 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.
Summary
Interest
Yearly
Principal
At maturity
COUPON RATE
9.25%
FACE VALUE
₹10,00,000
MATURITY DATE
08 Feb 2030
SECTOR
corporate
COLLATERAL SECURITY
Secured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE722A07AN1
Credit rating
Rating
IND AA
Rating Agency
India Ratings and Research
Date of Rating
31 May 2021
Rating
IND AA
Rating Agency
India Ratings and Research
Date of Rating
31 May 2021
Other details
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