27 June 2014

11.50% Interest - Shriram Transport NCD

Public issue of secured NCDs from Shriram Transport Finance Company Limited for Rs.500 Crores with an option to retain oversubscription up to shelf limit of Rs.3000 Crores. 
  • Very attractive interest rates of up to 11.50% for 7 years11.25% for 5 years & 11% for 3 years.
  • 0.25% additional interest for Sr. Citizens.
  • Interest payment - Monthly, Annual & Cumulative.
  • Demat & Physical options available / For monthly option, ONLY Demat mode.
  • NO TDS, for any investment amount ONLY if applied in Demat route.
  • "CARE AA+" rating by CARE ,"CRISIL AA/Stable" rating by CRISIL & "IND AA+" rating by IRRPL.
  • Listing at NSE & BSE. Trading only in Demat route.
Issue opens on 02/07/2014Allotment is on "First Come First Serve" basis. 
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