Incorporated in 1986, Shriram City Union Finance (SHRIRAMCity) is engaged in the business of financing for Two wheelers, Three wheelers, Four wheeles, Personal loans, Small business loans, and Loan against gold.
Objects of the Issue:The funds raised through this Issue will be used for:
1. Finance their business operations, lending, investments;2. Repay existing loans;3. Business operations including capital expenditure;4. Working capital requirements; and5. Meeting expenses of the Issue.
»» Issue Open: Sep 12, 2012 - Sep 26, 2012
»» Issue Type: Fixed Price Issue NCD
»» Issue Size: 5,000,000 NCD's of Rs. 1000
»» Issue Size: Rs. 500.00 Crore
»» Face Value: Rs. 1000 Per NCD
»» Issue Price: Rs. 1000 Per NCD
»» Market Lot:
»» Minimum Order Quantity:
»» Listing At: BSE, NSE
|Tenure||36 mths||60 mths||36 mths||60 mths|
|Coupon/Effective Yield (Individuals)||11.5%||11.75%||11.5%||11.75%|
|Coupon/Effective Yield (NonIndividuals)||10.6%||10.75%||10.6%||10.75%|
Shriram City Union NCD Rating
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Shriram City Union NCD
Shriram City Union NCD Registrar
Shriram City Union NCD Messages (Shriram City Union NCD Comments)
agreed NCD''s are always safer and one can come out on a fairly short notice.
why you want to take to much risk for 12%?
if you check some listed ncd like , you will get more than 12% and safe
In case of NCDs, YTM or Yield to Maturity (Interest) is very vital to take Buy decision. Unfortunately, we don''t get this information "live". You find it in edelweiss (Debt) website but the figures are not reliable. If you are familiar with excel worksheets, find out terms about coupon rate, frequency of payment and maturity date etc either by googling or visiting edelweiss website (reliable for this limited purpose)and make out calculation sheets. It should be such that once you enter, Last Traded Price, YTM should be worked by formula (XIRR). Once you are sure that your calculation method is correct, after logging-in, enter LTP and get YTM.One need to be careful about Stock Code in the sense, if you decide to buy Brinjal, you should buy Brinjal only but not Potatoes. I am cautioning in this aspect, becaStock Codes used in different websites for Trading are not uniform
can any one tell wch bond to buy from market to get maximum intrest
SEE YOUR PASSBOOK IT ALREADY CAME AROUND 31ST MARCH-2012,
SEE ENTRIES BETWEN 31ST MARCH AND 4 APRIL.
IT MUST BE THERE