Shriram Transport Finance NCD Jan 2020

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NCD Subscription Allotment Status
Shriram Transport Finance NCD Jan 2020

Shriram Transport Finance NCD Jan 2020 description – Shriram Transport Finance was established in 1979 and has been registered as a deposit-taking NBFC with the Reserve Bank of India (RBI) since 4 September 2000. The company is one of the largest asset financing non-banking finance companies in the organized sector in India that cater to first time buyers (FTB) and small road transport operators (SRTOs) for financing preowned commercial vehicles. In addition, it provides commercial vehicle finance for new commercial vehicles. It is among the leading NBFCs in the organized sector for the commercial vehicle industry in India for FTBs and SRTOs.

It also provides financing for passenger commercial vehicles, multi-utility vehicles, three wheelers and tractors as well as ancillary equipment and vehicle parts finance, such as loans for tyres and engine replacements, construction equipment finance and provide working capital facility for FTBs and SRTOs and a range of personal loans. The company offers financial services to commercial vehicle operators, thereby providing comprehensive financing solutions to the road logistics industry in India.

The company has a widespread network of 1,545 branches across India as of 31 March 2019. These branches cover most of the major commercial vehicle hubs along various road transportation routes in India. The company has also established presence in 838 rural centres with a view towards increasing its market share in the pre-owned commercial vehicle market and reaching out to a relatively newer customer segment in rural areas. As of 31 March 2019, the total number of its employees was 26,630.

Promoters of Shriram Transport Finance Limited – Shriram Capital Limited

Shriram Transport Finance NCD Jan 2020 details

Subscription Dates6 – 22 January 2020
Security TypeSecured, Redeemable, Non-Convertible Debentures
Face ValueINR1,000  per NCD
Issue PriceINR1,000 per NCD
Issue Size (base)INR200 crore
Issue Size (including oversubscription)INR1,200 crore
Minimum Lot size10 NCDs
Market Lot1 NCD
Tenor3 years
5 years
7 years
Credit RatingCRISIL AA+/Stable
CARE AA+/Stable
IND AA+/ Outlook Stable
Category ReservationCategory 1 (QIB): 10%
Category 2 (NII): 10%
Category 3 (HNI): 40%
Category 4 (RII): 40%
Basis of AllotmentFirst Come First Serve
Listing OnBSE, NSE

Shriram Transport Finance NCD Jan 2020 – Options and Coupon Rates

OptionTenureInterest PaymentCoupon Rate /Effective YieldMaturity Amount
Series 13 yearsMonthly8.52%INR1,000
Series 25 years Monthly8.66%INR1,000
Series 37 years Monthly8.75%INR1,000
Series 43 yearsAnnually8.85%INR1,000
Series 55 years Annually9.00%INR1,000
Series 67 yearsAnnually9.10%INR1,000
Series 73 yearsCumulative8.85%*INR1,289.99
Series 85 yearsCumulative9.00%*INR1,539.35

* represent effective yield as there is no coupon rate

Registrar of Shriram Transport Finance NCD

Integrated Registry Management Services Private Limited 
2nd Floor, “Kences Towers”
No. 1, Ramakrishna Street
North Usman Road
T. Nagar, Chennai – 600 017
Phone: +91 44 2814 0801
Email: [email protected]
Website: www.integratedindia.in

Shriram Transport Finance NCD Documents

Draft Prospectus
Tranche 2 Red Herring Prospectus

Shriram Transport Finance Contact Details

Shriram Transport Finance Company Limited
Mookambika Complex, 3rd Floor
No. 4, Lady Desika Road, Mylapore
Chennai, Tamil Nadu- 600 004
Phone: +91 44 2499 0356
Email: [email protected]
Website: www.stfc.in

Shriram Transport Finance NCD Jan 2020 Subscription Status (no. of times)

Category 1 (QIB)Category 2 (NII)Category 3 (HNI)Category 4 (RII)Total
22 Jan 20200.000.060.372.231.05
21 Jan 20200.000.060.302.100.97
20 Jan 20200.000.060.282.050.94
17 Jan 20200.000.50.261.790.83
16 Jan 20200.000.050.251.720.79
15 Jan 20200.000.050.241.650.76
14 Jan 20200.000.050.211.580.72
13 Jan 20200.000.050.201.520.69
10 Jan 20200.000.040.191.380.63
9 Jan 20200.000.030.161.250.57
8 Jan 20200.000.030.141.100.50
7 Jan 20200.000.030.080.790.35
6 Jan 20200.000.020.070.500.23

Shriram Transport Finance NCD Jan 2020 Allotment Status

Shriram Transport Finance NCD January 2020 allotment status will be updated at the website of IntegratedIndia. Click on this link to get the allotment status.

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