Instrument Details

ISIN: INE721A07OS3

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

41.9392

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

06 Feb 2019

Maturity Date

02 Jun 2024

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 SR VII NCD 06FB24 FVRS1000
Shriram Transport Finance Company Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE721A07OS3, with a face value of ₹1,000 rs on 06Feb19 to raise 41.9392 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTUTRES. CATEGORY I, II, III, IV SERIES VII. DATE OF MATURITY 06/02/2024. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 08Feb19 & on BSE stock exchange on 08Feb19. INDIA RATING AND RESEARCH PVT. LTD has given AA+ rating to this Debenture on 08Nov19. 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+
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Date Verified
02 Jan 2024
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Linked to Markets

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 INE721A07OS3 issued by Shriram Transport Finance Company Limited

The instrument name of INE721A07OS3 ISIN is SHRIRAM TRANSPORT FINANCE COMPANY LIMITED SR VII NCD 06FB24 FVRS1000.
Never, as INE721A07OS3 bond issued by Shriram Transport Finance Company Limited is a Zero-coupon bond.
This INE721A07OS3 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.
The coupon rate of INE721A07OS3 bond issued by Shriram Transport Finance Company Limited is 0%.
The INE721A07OS3 Debenture is issued by Shriram Transport Finance Company Limited, a Private Sector company.