Shriram Finance Limited 9.233% 2027 Bond

ISININE721A07RV0

SHRIRAM FINANCE LIMITED SR XVI OP 2 TR 5 9.233 NCD 18MY27 FVRS100000

Shriram Finance Limited is a corporate (non-PSU) issuer in the Non-Banking Financial Company (NBFC) sector. This directory lists 67 of its bonds.

Key terms

Issue date: 19 Dec 2023
Interest basis: Simple
Instrument: Debentures
Mode of issue: Private Placement (EBP)
Series: SeriesPPDXVI2324Option2
Sector: Non-Banking Financial Company (NBFC)
Issuer type: Corporate
Issuer nature: NBFC

Only disclosed values are shown. Anything not listed here is not available in our data.

What the rating means

India Ratings AAA / StableCRISIL AAA / Stable

AAAmost conservative current agency grade

Each rung groups an agency grade's +/- notches: “AA”, for example, covers AA+, AA and AA-. AAA, C and D are single grades.

AAA is the highest rating an Indian agency assigns. It signals the strongest assessed capacity to pay interest and principal on time: the agency sees the risk of default as the lowest it recognises. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: IND AAA/Stable;CRISIL AAA/Stable

This describes the bond's credit rating only. Interest-rate, liquidity and reinvestment risks are covered in “Before you act”.

Price, yield & cashflows

At face value this bond yields 9.17% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

4 scheduled payments through 18 May 2027; final payment ₹1,09,233 per bond.

Loading the calculator…

Available on Grip

Want to invest? These bonds are available on Grip

This bond is not on Grip, but these investment-grade bonds are, ranked by how closely they match it on rating, then maturity and yield. Open any one to invest. Bonds carry credit, interest-rate and liquidity risk.

See bonds available on Grip →

Key terms

What the rating means

Price, yield & cashflows

Want to invest? These bonds are available on Grip

Related bonds