Instrument Details

ISIN: INE721A08DE4

Face value

₹10,00,000

Coupon rate

10.25%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

550

Instrument Type

Debenture

Returns

High

Date of Issue

31 Dec 2018

Maturity Date

27 Dec 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AA+ (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 2

Guarantee Type

Non Convertible

About this Bond

SHRIRAM TRANSPORT FINANCE COMPANY LIMITED SR PP SD-03 10.25 NCD 27DC24 FVRS10LAC
Shriram Transport Finance Company Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE721A08DE4, with a face value of ₹10,00,000 rs on 31Dec18 to raise 550 crores. The debt instrument is issued with a coupon rate of 10.25% 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 Unsecured Debenture is 10.25 % UNSECURED RATED LISTED NON CONVERTIBLE DEBENTURES SERIES DEC 18-19 PP SD-03. DATE OF MATURITY  27/12/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 10Jan19 & on BSE stock exchange on 11Jan19. INDIA RATING AND RESEARCH PVT. LTD has given AA+ rating to this Debenture on 24Dec18. 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
Subordinate Tier 2
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Security
Unsecured
Investment Calculation (Pre-Tax)

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

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
31-Dec-18 : Your investment
₹8,54,166
31-Jan-19 : Interest
₹8,54,166
03-Mar-19 : Interest
₹8,54,166
03-Apr-19 : Interest
₹8,54,166
03-May-19 : Interest
₹8,54,166
03-Jun-19 : Interest
₹8,54,166
03-Jul-19 : Interest
₹8,54,166
03-Aug-19 : Interest
₹8,54,166
03-Sep-19 : Interest
₹8,54,166
03-Oct-19 : Interest
₹8,54,166
03-Nov-19 : Interest
₹8,54,166
03-Dec-19 : Interest
₹8,54,166
03-Jan-20 : Interest
₹8,54,166
03-Feb-20 : Interest
₹8,54,166
03-Mar-20 : Interest
₹8,54,166
03-Apr-20 : Interest
₹8,54,166
03-May-20 : Interest
₹8,54,166
03-Jun-20 : Interest
₹8,54,166
03-Jul-20 : Interest
₹8,54,166
03-Aug-20 : Interest
₹8,54,166
03-Sep-20 : Interest
₹8,54,166
03-Oct-20 : Interest
₹8,54,166
03-Nov-20 : Interest
₹8,54,166
03-Dec-20 : Interest
₹8,54,166
03-Jan-21 : Interest
₹8,54,166
03-Feb-21 : Interest
₹8,54,166
03-Mar-21 : Interest
₹8,54,166
03-Apr-21 : Interest
₹8,54,166
03-May-21 : Interest
₹8,54,166
03-Jun-21 : Interest
₹8,54,166
03-Jul-21 : Interest
₹8,54,166
03-Aug-21 : Interest
₹8,54,166
03-Sep-21 : Interest
₹8,54,166
03-Oct-21 : Interest
₹8,54,166
03-Nov-21 : Interest
₹8,54,166
03-Dec-21 : Interest
₹8,54,166
03-Jan-22 : Interest
₹8,54,166
03-Feb-22 : Interest
₹8,54,166
03-Mar-22 : Interest
₹8,54,166
03-Apr-22 : Interest
₹8,54,166
03-May-22 : Interest
₹8,54,166
03-Jun-22 : Interest
₹8,54,166
03-Jul-22 : Interest
₹8,54,166
03-Aug-22 : Interest
₹8,54,166
03-Sep-22 : Interest
₹8,54,166
03-Oct-22 : Interest
₹8,54,166
03-Nov-22 : Interest
₹8,54,166
03-Dec-22 : Interest
₹8,54,166
03-Jan-23 : Interest
₹8,54,166
03-Feb-23 : Interest
₹8,54,166
03-Mar-23 : Interest
₹8,54,166
03-Apr-23 : Interest
₹8,54,166
03-May-23 : Interest
₹8,54,166
03-Jun-23 : Interest
₹8,54,166
03-Jul-23 : Interest
₹8,54,166
03-Aug-23 : Interest
₹8,54,166
03-Sep-23 : Interest
₹8,54,166
03-Oct-23 : Interest
₹8,54,166
03-Nov-23 : Interest
₹8,54,166
03-Dec-23 : Interest
₹8,54,166
03-Jan-24 : Interest
₹8,54,166
03-Feb-24 : Interest
₹8,54,166
03-Mar-24 : Interest
₹8,54,166
03-Apr-24 : Interest
₹8,54,166
03-May-24 : Interest
₹8,54,166
03-Jun-24 : Interest
₹8,54,166
03-Jul-24 : Interest
₹8,54,166
03-Aug-24 : Interest
₹8,54,166
03-Sep-24 : Interest
₹8,54,166
03-Oct-24 : Interest
₹8,54,166
03-Nov-24 : Interest
₹8,54,166
03-Dec-24 : Interest
₹14,236
27-Dec-24 : Interest
₹14,236
27-Dec-24 : Interest
₹16,06,74,305
27-Dec-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹6,06,74,305)

Summary

Instrument Attributes

Value

Coupon Rate

10.25%

Returns

High

Bond Rating

AA+

Seniority in Repayment

Subordinate Tier 2

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 INE721A08DE4 issued by Shriram Transport Finance Company Limited

The instrument name of INE721A08DE4 ISIN is SHRIRAM TRANSPORT FINANCE COMPANY LIMITED SR PP SD-03 10.25 NCD 27DC24 FVRS10LAC.
The interest earned from INE721A08DE4 bond issued by Shriram Transport Finance Company Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE721A08DE4 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 10.25%, which determines the periodic interest payments made to bondholders.
The INE721A08DE4 Debenture is issued by Shriram Transport Finance Company Limited, a Private Sector company.