Shriram Finance Ltd - INE722A07AN1
Microfinance
corporate
Coupon Rate
9.25%
Maturity Date
08 Feb 2030
ISIN
INE722A07AN1
Face Value
₹10,00,000
About Issue
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.
Key Attributes
Rating
IND 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
08 Feb 2021
Remaining Tenure
4Y 7M
Security Name
SHRIRAM FINANCE LIMITED SR XX OP I 9.25 NCD 08FB30 FVRS10LAC
Risk Assessment
Credit Rating
Rating
IND AA (Stable)
Date of Rating
31 May 2021
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