Shriram Finance Ltd - INE722A07AO9
Microfinance
corporate
Coupon Rate
9.50%
Maturity Date
07 Feb 2031
ISIN
INE722A07AO9
Face Value
₹10,00,000
About Issue
This AA rated bond from Shriram Finance Ltd, a corporate, offers a Fixed coupon of 9.5% with maturity on 07 February 2031. Issued through the Private placement as under ISIN INE722A07AO9, 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
5Y 7M
Security Name
SHRIRAM FINANCE LIMITED SR XX OP II 9.50 NCD 07FB31 FVRS10LAC
Risk Assessment
Credit Rating
Rating
IND AA (Stable)
Date of Rating
31 May 2021
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