Shriram Finance Ltd - INE722A07BK5
Microfinance
corporate
Coupon Rate
8.30%
Maturity Date
07 Oct 2025
ISIN
INE722A07BK5
Face Value
₹10,00,000
About Issuer
This AA+ rated bond from Shriram Finance Ltd, a corporate, offers a Fixed coupon of 8.3% with maturity on 07 October 2025. Issued through the Private placement as under ISIN INE722A07BK5, 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)
Tax Status
Taxable
Mode of Issue
Public
Private
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
07 Oct 2022
Remaining Tenure
23D
Security Name
SHRIRAM FINANCE LIMITED SR XXXIII OP III 8.3 NCD 07OT25 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CRISIL AA+ (Stable)
Date of Rating
30 Jan 2023
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