22 November 2013

NCD Issue from Shriram City Union Finance

 NCD Issue from Shriram City Union Finance Limited is available now for subscription.

Opening : November, 25 2013   Closing : December, 24 2013 – Allotment on first-cum first-served basis
Issue Size : Rs.100 Crores with an option to retain over subscription upto Rs.100 crores aggregating to Rs.200 crores
Face Value of NCD – Rs.1000/- Minimum application - Rs.10000/- (for 10 NCD’s) and in multiples of Rs.1000/- thereof
NCD Holding – can be held in physical and Dematerialized form
Credit Rating – “Care AA” rate by CARE, indicating high degree of safety regarding timely servicing of financial obligations
Listing – BSE and NSE.  Trading in Dematerialized form only
Category of Investors -    Category 1- Institutional Investors – Statutory Corporations, Banks, etc
                                                        Category 2 – Non Institutional Investors – Companies, Trusts,
                                                        Partnerships, etc
                                                        Category 3 – Resident Indians and HUF applying for more than Rs.5 lacs
                                                        Category 4 – Resident Indians and HUF applying for less than Rs.5 lacs
Interest Payment options – Annual Interest Payment (12 months from the date of allotment) / Cumulated Option
Tenors – 3 years, 4  years, 5 years
Secured Debentures
Principal Repayment Options  Option 1 – At the end of the Tenor (3rd year, 4th year or 5th year)
                                                                         Option 2 – Only for 5 years.  Equally repaid at the end of 3rd, 4th
                                                                         and 5th  Years


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An Illustration of your returns on this NCD is provided below for various options as stated above.




RATE OF INTEREST & SCHEMES FOR INDIVIDUAL INVESTORS
Category III (HNI) & Category IV (Retail Individual Investors)
Annual Payment of interest Scheme
Minimum Application Amount
10,000
10,000
10,000
Tenor
3 YRS
4 YRS
5 YRS
Rate of Interest
11.00%
11.25%
11.50%
Interest Payment
Annual - 12 months from deemed date of allotment
Annual – 12 months from deemed date of allotment
Annual - 12 months from deemed date of allotment
Effective Yield
11.00%
11.25%
11.50%
Principal Repayment
End of 3 yrs
End of 4 yrs
End of 5 yrs
Cumulative Scheme

Minimum Application Amount
10,000
10,000
10,000
Tenor
3 YRS
4 YRS
5 YRS
Rate of Interest
11.00%
11.25%
11.50%
Interest Payment
CUMULATIVE
CUMULATIVE
CUMULATIVE
Effective Yield
12.25%
13.29%
14.47%
Amount Receivable at the end of Tenor
(for investment of Rs. 10,000/-)
13,676
15,317
17,233
Principal Repayment
End of 3 yrs
End of 4 yrs
End of 5 yrs
Option 2
Minimum Application Amount
10,000

Tenor
5 YRS

Rate of Interest
11.25%

Interest Payment
ANNUAL

Effective Yield
11.25%

Principal Repayment
Rs. 3333/- at end of 36th  month / 48th month & 60th Month









RATE OF INTEREST & SCHEMES FOR NON INDIVIDUAL INVESTORS
Category I (corporate) & Category II (QIB)

Annual Payment of interest Scheme
MINIMUM APPLICATION AMOUNT
10,000
10,000
10,000
TENOR
3 YRS
4 YRS
5 YRS
RATE OF INTEREST
10.75%
10.75%
10.75%
INTEREST PAYMENT
Annual - 12 months from deemed date of allotment
Annual -12 months from deemed date of allotment
Annual -12 months from deemed date of allotment
EFFECTIVE YIELD
10.75%
10.75%
10.75%
PRINCIPAL REPAYMENT
End of 3 yrs
End of 4 yrs
End of 5 yrs
Cumulative
MINIMUM APPLICATION AMOUNT
10,000
10,000
10,000
TENOR
3 YRS
4 YRS
5 YRS
RATE OF INTEREST
10.75%
10.75%
10.75%
INTEREST PAYMENT
CUMULATIVE
CUMULATIVE
CUMULATIVE
EFFECTIVE YIELD
11.93%
12.60%
13.32%
AMOUNT RECEIVABLE AT END OF TENOR
(for investment of Rs. 10,000/-)
13,580
15,040
16,660
PRINCIPAL REPAYMENT
End of 3 yrs
End of 4 yrs
End of 5 yrs
Option 2
MINIMUM APPLICATION AMOUNT
10,000

TENOR
5 YRS

RATE OF INTEREST
10.75%

INTEREST PAYMENT
ANNUAL

EFFECTIVE YIELD
10.75%

PRINCIPAL REPAYMENT
Rs. 3333/- at end of 36th  month / 48th month & 60th Month







Thanks and Regards,

Shriram City Union Finance Ltd.

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