Shriram Finance Ltd

Microfinance

corporate

Tenure
2Y 7M
About Issuer
This AA+ rated bond from Shriram Finance Ltd, a corporate, offers a Fixed coupon of 9.7% with maturity on 02 November 2028. Issued through the Public offer as under ISIN INE721A07OF0, 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
Interest
Yearly
Principal
Principal
At maturity
COUPON RATE
9.70%
FACE VALUE
₹1,000
MATURITY DATE
02 Nov 2028
SECTOR
corporate
COLLATERAL SECURITY
Secured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE721A07OF0
Credit rating
Rating
AA+
Rating Agency
CRISIL
Date of Rating
30 Jan 2023
Other details
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