Shriram Finance Lists New Bonds, Offers 8.7% Returns Till 2028
Shriram Finance listed new bonds with 8.7 per cent interest, maturing in 2028. These are traded on BSE's debt segment from May 13, 2025. Rated AA+, they’re issued at Rs 1,01,774.83 and pay interest annually.
New Bonds Listed on BSE Debt Segment |
Mumbai: Shriram Finance Limited has listed new debt securities on the Bombay Stock Exchange (BSE) Debt segment, effective from May 13, 2025. These bonds were issued through a private placement.
Key Details of the Bonds
ISIN: INE721A07SL9
Scrip ID: 87SFL28
Scrip Code: 976617
Face Value: Rs 1,00,000
Issue Price: Rs 1,01,774.83
Interest Rate: 8.7 per cent per annum
Allotment Date: May 8, 2025
Redemption Date: April 9, 2028
Interest Payment Dates: Every year on April 9 (from 2026 to 2028)
Credit Rating: CRISIL AA+/Stable, IND AA+/Stable
Trading Info for Investors
The bonds are available for trading only in dematerialised form. One bond makes up one market lot. The minimum price change (tick size) is 1 paise.
For more details, investors can view the Placement Memorandum on BSE website or contact the BSE debt department.
Published on: Tuesday, May 13, 2025, 01:09 PM ISTRECENT STORIES
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