The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE721A07OC7

Face value

₹1,000

Coupon rate

9.30%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

32.3389

Instrument Type

Debenture

Returns

High

Date of Issue

02 Nov 2018

Maturity Date

11 Feb 2028

Perpetual

Yes

Listing Status

Listed

Rating status

AA+ (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

SHRIRAM TRANSPORT FINANCE COMPANY LIMITED SERIES II 9.3 NCD 02NV28 FVRS1000
Shriram Transport Finance Company Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE721A07OC7, with a face value of ₹1,000 rs on 02Nov18 to raise 32.3389 crores. The debt instrument is issued with a coupon rate of 9.30% and its interest is paid Monthly. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is 9.30% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTUTRES. SERIES II. DATE OF MATURITY 02/11/2028. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 06Nov18 & on NSE stock exchange on 06Nov18. INDIA RATING AND RESEARCH PVT. LTD has given AA+ rating to this Debenture on 03Dec18. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AA
High Safety
AA+
check
Date Verified
02 Jan 2024
check
Outlook
Stable
logo
Seniority in Repayment
None
logo
Security
Secured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
02-Nov-18 : Your investment
₹775
02-Dec-18 : Interest
₹775
02-Jan-19 : Interest
₹775
02-Feb-19 : Interest
₹775
02-Mar-19 : Interest
₹775
02-Apr-19 : Interest
₹775
02-May-19 : Interest
₹775
02-Jun-19 : Interest
₹775
02-Jul-19 : Interest
₹775
02-Aug-19 : Interest
₹775
02-Sep-19 : Interest
₹775
02-Oct-19 : Interest
₹775
02-Nov-19 : Interest
₹775
02-Dec-19 : Interest
₹775
02-Jan-20 : Interest
₹775
02-Feb-20 : Interest
₹775
02-Mar-20 : Interest
₹775
02-Apr-20 : Interest
₹775
02-May-20 : Interest
₹775
02-Jun-20 : Interest
₹775
02-Jul-20 : Interest
₹775
02-Aug-20 : Interest
₹775
02-Sep-20 : Interest
₹775
02-Oct-20 : Interest
₹775
02-Nov-20 : Interest
₹775
02-Dec-20 : Interest
₹775
02-Jan-21 : Interest
₹775
02-Feb-21 : Interest
₹775
02-Mar-21 : Interest
₹775
02-Apr-21 : Interest
₹775
02-May-21 : Interest
₹775
02-Jun-21 : Interest
₹775
02-Jul-21 : Interest
₹775
02-Aug-21 : Interest
₹775
02-Sep-21 : Interest
₹775
02-Oct-21 : Interest
₹775
02-Nov-21 : Interest
₹775
02-Dec-21 : Interest
₹775
02-Jan-22 : Interest
₹775
02-Feb-22 : Interest
₹775
02-Mar-22 : Interest
₹775
02-Apr-22 : Interest
₹775
02-May-22 : Interest
₹775
02-Jun-22 : Interest
₹775
02-Jul-22 : Interest
₹775
02-Aug-22 : Interest
₹775
02-Sep-22 : Interest
₹775
02-Oct-22 : Interest
₹775
02-Nov-22 : Interest
₹775
02-Dec-22 : Interest
₹775
02-Jan-23 : Interest
₹775
02-Feb-23 : Interest
₹775
02-Mar-23 : Interest
₹775
02-Apr-23 : Interest
₹775
02-May-23 : Interest
₹775
02-Jun-23 : Interest
₹775
02-Jul-23 : Interest
₹775
02-Aug-23 : Interest
₹775
02-Sep-23 : Interest
₹775
02-Oct-23 : Interest
₹775
02-Nov-23 : Interest
₹775
02-Dec-23 : Interest
₹775
02-Jan-24 : Interest
₹775
02-Feb-24 : Interest
₹775
02-Mar-24 : Interest
₹775
02-Apr-24 : Interest
₹775
02-May-24 : Interest
₹775
02-Jun-24 : Interest
₹775
02-Jul-24 : Interest
₹775
02-Aug-24 : Interest
₹775
02-Sep-24 : Interest
₹775
02-Oct-24 : Interest
₹775
02-Nov-24 : Interest
₹775
02-Dec-24 : Interest
₹775
02-Jan-25 : Interest
₹775
02-Feb-25 : Interest
₹775
02-Mar-25 : Interest
₹775
02-Apr-25 : Interest
₹775
02-May-25 : Interest
₹775
02-Jun-25 : Interest
₹775
02-Jul-25 : Interest
₹775
02-Aug-25 : Interest
₹775
02-Sep-25 : Interest
₹775
02-Oct-25 : Interest
₹775
02-Nov-25 : Interest
₹775
02-Dec-25 : Interest
₹775
02-Jan-26 : Interest
₹775
02-Feb-26 : Interest
₹775
02-Mar-26 : Interest
₹775
02-Apr-26 : Interest
₹775
02-May-26 : Interest
₹775
02-Jun-26 : Interest
₹775
02-Jul-26 : Interest
₹775
02-Aug-26 : Interest
₹775
02-Sep-26 : Interest
₹775
02-Oct-26 : Interest
₹775
02-Nov-26 : Interest
₹775
02-Dec-26 : Interest
₹775
02-Jan-27 : Interest
₹775
02-Feb-27 : Interest
₹775
02-Mar-27 : Interest
₹775
02-Apr-27 : Interest
₹775
02-May-27 : Interest
₹775
02-Jun-27 : Interest
₹775
02-Jul-27 : Interest
₹775
02-Aug-27 : Interest
₹775
02-Sep-27 : Interest
₹775
02-Oct-27 : Interest
₹775
02-Nov-27 : Interest
₹775
02-Dec-27 : Interest
₹775
02-Jan-28 : Interest
₹775
02-Feb-28 : Interest
₹12
11-Feb-28 : Interest
₹12
11-Feb-28 : Interest
₹1,86,050
11-Feb-28 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹86,050)

Summary

Instrument Attributes

Value

Coupon Rate

9.30%

Returns

High

Bond Rating

AA+

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Chennai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE721A07OC7 issued by Shriram Transport Finance Company Limited

The instrument name of INE721A07OC7 ISIN is SHRIRAM TRANSPORT FINANCE COMPANY LIMITED SERIES II 9.3 NCD 02NV28 FVRS1000.
The interest earned from INE721A07OC7 bond issued by Shriram Transport Finance Company Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE721A07OC7 bond issued by Shriram Transport Finance Company Limited has been assigned a credit rating of AA+ by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.3%, which determines the periodic interest payments made to bondholders.
The INE721A07OC7 Debenture is issued by Shriram Transport Finance Company Limited, a Private Sector company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow