Shriram Finance Ltd - INE721A07OF0
Microfinance
corporate
Coupon Rate
9.70%
Maturity Date
02 Nov 2028
ISIN
INE721A07OF0
Face Value
₹1,000
About Issue
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.
Key Attributes
Rating
CRISIL 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
02 Nov 2018
Remaining Tenure
3Y 4M
Security Name
SHRIRAM FINANCE LIMITED SERIES V 9.7 NCD 02NV28FVRS1000
Risk Assessment
Credit Rating
Rating
CRISIL AA+ (Stable)
Date of Rating
30 Jan 2023
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