Invest in Shriram Transport Finance-NCD. First come, First serve

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Shriram Transport Finance Co. Ltd, the largest asset financing NBFC in India (as per a report by D&B and CRISIL) is issuing secured NCDs in order to meet the financing activities of the company. The highlights of the issue are:

Particulars Details Company Name :            Shriram Transport Finance Company Ltd. Issue Period : 27th June 2011 – 9th July 2011 Issue Size : Rs 1000 Crores Listing : To be listed on NSE CRISIL Rating : AA/Stable for amount up to Rs 1000 Crores CARE Rating : CARE AA+ for amount up to Rs 1000 Crores Who can apply ? Resident Indian individual, HUF, Institutional and Non Institutional Investors

Established in 1979 as a part of Shriram group of companies, the organization is registered as a deposit taking NBFC with RBI and is the largest asset financing NBFC in India. Company activities include financing for all kinds of vehicles, construction equipment, ancillary equipment and vehicle parts, as well as a recent venture into equipment financing and stockyard services. Besides having a good track record of financial performance, the organization has strong brand value, coupled with extensive experience in the field and a unique business model. Details of the issue are as follows :

Particulars	Option I	Option II
Interest Payment	Annual	Annual
Minimum Application	Rs 10,000 (10 NCDs)	Rs 10,000 (10 NCDs)
Face Value	Rs 1000	Rs 1000
Issue Price	Rs 1000	Rs 1000
Coupon (%) (< 5 Lakhs)	11.60 % p.a.	11.35 % p.a.
Coupon (%) (> 5 Lakhs)	11.35 % p.a.	11.10 % p.a.
Coupon (%) for QIB and NIL	11.10 % p.a.	11.00 % p.a.
Redemption	Bullet at the end of 60 months (when call/put option not exercised)	Bullet at the end of 36 months
Call and Put Option	Exercisable at the end of 48 months	Nil
Tenure	60 months	36 months