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: INE721A07PP6

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

15.158

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

28 Jan 2020

Maturity Date

28 Jan 2025

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 VIII NCD 28JN25 FVRS1000
Shriram Transport Finance Company Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE721A07PP6, with a face value of ₹1,000 rs on 28Jan20 to raise 15.158 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 RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES VIII. DATE OF MATURITY : 28/01/2025. 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 30Jan20 & on BSE stock exchange on 30Jan20. 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+
check
Date Verified
02 Jan 2024
check
Outlook
Stable
logo
Seniority in Repayment
None
logo
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 INE721A07PP6 issued by Shriram Transport Finance Company Limited

The instrument name of INE721A07PP6 ISIN is SHRIRAM TRANSPORT FINANCE COMPANY LIMITED SR VIII NCD 28JN25 FVRS1000.
Never, as INE721A07PP6 bond issued by Shriram Transport Finance Company Limited is a Zero-coupon bond.
This INE721A07PP6 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 INE721A07PP6 bond issued by Shriram Transport Finance Company Limited is 0%.
The INE721A07PP6 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