Shriram Finance Limited 8.96% 2027 Bond

ISININE721A07SH7

SHRIRAM FINANCE LIMITED SR SFL1 PPD TR 19 OP 2 8.96 NCD 24OT27 FV1LAC

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: 24 Oct 2024
Interest basis: Simple
Instrument: Debentures
Mode of issue: Private Placement (EBP)
Series: SeriesSFLPPD202425option2
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 8.89% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

3 scheduled payments through 24 Oct 2027; final payment ₹1,08,960 per bond.

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Key terms

What the rating means

Price, yield & cashflows

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