18 July 2012

Shriram Transport Finance Company NCD



Shriram Transport Finance Company Ltd is coming up with the public issue of Secured Non-Convertible Debentures aggregating upto Rs.300 Crores with an option to retain over-subscription upto Rs.300 Crores. The issue is scheduled to open from 26th of July 2012.

About Shriram Transport Finance Company Ltd.
*        India's largest player in commercial vehicle finance, established in the year 1979.
*        One of the largest asset financing NBFCs in India with a niche presence in financing pre-owned trucks and Small Truck Owners (STOs).
 -Widespread network with a large customer base - Has a network of 488 branches and service centres
-Strategically expanded marketing and customer origination network by entering into partnership and co-financing arrangements with private financiers
*        Strong brand name
-Strong presence in Financial Services, Property Development, Engineering Projects and Information Technology
*        High Credit Rating – “AA” by CRISIL & “AA-“ by CARE
*        Exhibiting Strong Financial Growth
Key Financials:
Particulars
As on 31st March
2012
2011
2010
PBT
1957.50
1837.55
1324.57
PAT
1308.75
1217.12
873.10
EPS
57.83
53.82
38.72

Key Features of the NCD:
Allotment of Bonds will be on first cum first serve basis.
Retail Applicant cam also apply for NCD in Physical Mode
Additional Coupon for Retail & HNI category of Investors.
Tenor – 36 & 60 Months
Interest Payment –Annual & Cumulative both options available
Listing - Proposed to be listed on BSE & NSE.
Minimum subscription - Rs. 1, 0000 (10 NCDs & in multiples of Rs. 1,000).


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