Shriram Finance Ltd
Microfinance
corporate
Microfinance
corporate
Tenure
4Y 11M
Tenure
4Y 11M
About Issuer
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.
Summary
Interest
Yearly
Principal
At maturity
COUPON RATE
9.50%
FACE VALUE
₹10,00,000
MATURITY DATE
07 Feb 2031
SECTOR
corporate
COLLATERAL SECURITY
Secured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE722A07AO9
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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