Incorporated in 1979, Shriram Transport Finance Company Ltd is a leading asset financing non-banking finance companies. The company caters to first-time buyers ("FTB") and small road transport operators ("SRTOs") in the organized sector in India. It provides financing for pre-owned commercial vehicles. In addition, it also provides finance for new commercial vehicles to commercial vehicle operators, thereby providing complete financing solutions to the road logistics industry in India.
The company is a part of the Shriram group of companies, which has a strong presence in financial services in India.
The company has a widespread network of branches across India. It has 1,213 branches across the country, including in most of the major commercial vehicle hubs. It is also building a strong presence in 862 rural centres with a view to increasing the market share in the pre-owned commercial vehicle market.
Shriram Transport has 23,819 employees on its payroll.
The Promoter of the company is Shriram Capital Limited.
The Objects Of The Issue are-
1. For the purpose of onward lending, financing, and for repayment/ prepayment of interest and principal of
existing borrowings of the Company; and
2. General corporate purposes.
»» Issue Open: Jan 7, 2019 - Jan 31, 2019
»» Issue Type: Fixed Price Issue NCD
»» Issue Size: 7,000,000 NCD's of Rs. 1000
»» Issue Size: Rs. 700.00 Crore
»» Face Value: Rs. 1000 Per NCD
»» Issue Price: Rs. 1000 Per NCD
»» Market Lot: 1 NCD
»» Minimum Order Quantity: 10 NCD
»» Listing At: BSE, NSE
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Integrated Registry Management Services Private Limited
2 nd Floor, "Kences Towers",
Ramakrishna Street, North Usman Road,
T. Nagar, Chennai - 600 017
Phone: + 91 44 2814 0801 to 803
Fax: :+91 44 28142479
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