Bond Shriram Transport Funding 10.25% ( INE721A07AO1 ) in INR

Issuer Shriram Transport Funding
Market price 100 %  ⇌ 
Country  India
ISIN code  INE721A07AO1 ( in INR )
Interest rate 10.25% per year ( payment 1 time a year)
Maturity 01/06/2017 - Bond has expired



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Minimal amount 1 000 INR
Total amount 452 513 000 INR
Detailed description Shriram Transport Finance Company is a leading Indian non-banking financial company (NBFC) specializing in financing commercial vehicles, including trucks, buses, and tractors, primarily serving small and medium-sized businesses.

The INE721A07AO1 bond, issued by Shriram Transport Finance Company Limited (STFCL), a prominent Indian Non-Banking Financial Company (NBFC) widely recognized for its extensive engagement in commercial vehicle financing, particularly in the pre-owned segment, successfully matured on June 1, 2017, and has since been fully repaid. This obligation, originally issued from India and denominated in Indian Rupees (INR), featured a competitive annual coupon rate of 10.25% on a total issue size of 452,513,000 INR, with a minimum investment threshold of 1,000 INR, having been redeemed at its par value upon maturity.