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Shriram Transport Finance Company Ltd NCD (Shriram Transport Finance stfc NCD June 2018) Detail

Jun 27, 2018 - Jul 20, 2018
Shriram Transport Finance Company Ltd Logo

Incorporated in 1979, Chennai based Shriram Transport Finance Company Ltd is one of the largest asset financing non-banking finance companies in the organized sector in India that cater to first-time buyers ('FTB') and small road transport operators ('SRTOs') for financing pre-owned commercial vehicles. In addition, we provide commercial vehicle finance for new commercial vehicles. The company is among the leading NBFCs in the organized sector for the commercial vehicle industry in India for FTBs and SRTOs. It also provides financing for passenger commercial vehicles, multi-utility vehicles, three-wheelers, and tractors as well as ancillary equipment and vehicle parts finance, such as loans for tyres and engine replacements, and provide the working capital facility for FTBs and SRTOs. It also offers financial services to commercial vehicle operators, thereby providing comprehensive financing solutions to the road logistics industry in India.

The company has a long track record of over three decades in the commercial vehicle financing industry in India. It is
a part of the Shriram group of companies, which has a strong presence in financial services in India, including
commercial vehicle financing, consumer finance, life and general insurance, stock broking, chit funds and
distribution of financial products, such as life and general insurance products and mutual fund products.

The company's widespread network of branches across India has been a key driver of its growth over the years. As of March 31, 2018, it had 1,213 branches across India, including most of the major commercial vehicle hubs along various road transportation routes in India. It has also established its presence in 862 rural centers as of March 31,
2018, with a view towards increasing the market share in the pre-owned commercial vehicle market and reaching
out to a relatively newer customer segment in rural areas.

As of March 31, 2018, the total number of employees on the company's payroll was 23,819.

Shriram Transport Finance - 8th NCD offer review

Shriram Transport Finance stfc NCD June 2018 Detail

Issue Open Jun 27, 2018 - Jul 20, 2018
Security Name Shriram Transport Finance Company Ltd
Security Type
Issue Size (Base) Rs 5,000.00 Crores
Issue Size (Shelf) Rs [.] Crores
Issue Price Rs 1000 per NCD
Face Value Rs 1000 each NCD
Minimum Lot size 10 NCD
Market Lot 10 NCD
Listing At BSE, NSE
Credit Rating
Tenor
Series
Payment Frequency
Basis of Allotment

Company Promoters

The Promoter of the company is Shriram Capital Limited ("SCL"). SCL holds 5,91,73,023 Equity Shares in the Company
aggregating 26.08% of the paid-up capital.

Objects of the Issue

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.

Ratings

These NCD issue is graded 'CRISIL AA+/Stable' by CRISIL for an amount of up to Rs 5,00,000 lakhs vide its letter dated June 8, 2018, and 'IND AA+: Outlook Stable' by India Ratings and Research for an amount of up to Rs 5,00,000 lakhs vide its letter dated June 8, 2018. The rating of the NCDs by CRISIL and India Ratings and Research indicate that instruments with this rating are considered to have a high degree of safety regarding timely servicing of financial obligations and carry very low credit risk.

Offerings

The company offers coupon rates up to 9.4% depending on the tenures- 03 years, 05 years and 10 years. The mode of interest payments which is either Monthly, Annually or cumulative as per the choice of investors.

Shriram Transport Finance stfc NCD June 2018 Prospectus

Shriram Transport Finance stfc NCD June 2018 Rating

43
3.8
Rating:Rated 3.8 stars
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Shriram Transport Finance stfc NCD June 2018 Reviews

Company Contact Information

Shriram Transport Finance Company Ltd
Mookambika Complex, 3rd Floor,
No. 4, Lady Desika Road,
Mylapore, Chennai, Tamil Nadu- 600004

Phone: +91 44 2499 0356
Email: stfcncd8comp@stfc.in
Website: http://www.stfc.in

Shriram Transport Finance stfc NCD June 2018 Registrar

Integrated Registry Management Services Private Limited
   2 nd Floor,
   Ramakrishna Street, North Usman Road,
   T. Nagar, Chennai - 600 017

Phone: + 91 44 2814 0801 to 803
Email: stfcipo@integratedindia.in
Website: http://www.integratedindia.in/


21 Comments

21. HARIOM TAT SAT     Link|Aug 15, 2018 6:30:19 PM
Interest credited on 10th August for ncd
20. Dev d     Link|Jul 16, 2018 10:50:21 AM
When NCD will list....?
20.2. A H T     Link|Jul 16, 2018 9:48:11 PM
SRTRANSFIN YH YI YJ YK YL YM YN NSE
936228 936230 936232 936234 936236 936238 936240 BSE
20.3. k n b     Link|Jul 25, 2018 11:26:17 AM
Where can I search for Scrip Codes for all NCDs?
19. ranviraaj     Link|Jul 10, 2018 11:51:31 PM
ECL FINANCE ALSO COMING UP WITH NCD ......

https://www.sebi.gov.in/sebiweb/home/HomeAction.do?doListing=yes&sid=3&ssid=17&smid=38
18. satinder     Link|Jul 15, 2018 1:31:15 PM
Thanks ankur ji
You are absolutely right
Satinder
17. Carn Mohan     Link|Jul 14, 2018 10:37:38 AM
10 lakhs full allotted .
16. A H T     Link|Jul 13, 2018 10:56:06 PM
2 appl. 1 Credited in CDSL
1 Pending in NSDL full allotment
15. HARIOM TAT SAT     Link|Jul 8, 2018 2:24:58 PM
All retail investors to get allotment
15.1. satinder     Link|Jul 10, 2018 10:52:55 PM
What is the listing price?
15.2. AnkurGoel     Link|Jul 13, 2018 9:14:15 PM
@satinder, this is debt instrument. Do not invest in debt for listing gain.
14. Rohitjan     Link|Jul 13, 2018 2:23:06 PM
Full amount debited from A/c against ASBA application just now.... simply means Full Allotment to all applicants
13. ashoke mukhopadhyay     Link|Jul 12, 2018 9:45:32 AM
Dear avijit,
Dhfl ncd is much larger than stfc & dhfl register took 8days from date of ncd closure. Stfc ncd allotment is delaying due to their register.
12. Dev d     Link|Jul 11, 2018 12:08:30 PM
Still not credited in demat a/c....... why...... that much late......?
11. Jaspreet Singh Oberoi     Link|Jul 11, 2018 6:26:58 PM
Got a reply on email saying allotment would be done by weekend
10. ashoke mukhopadhyay     Link|Jul 11, 2018 10:46:33 AM
Shiram transport finance ncd8 clossed on 03.07.2018 but bank lien against such ncd is still in investor a/c. The register for this ncd is still not finalised the allotment . I think stfc will take maxm .permitted period of 12 days after close the ncd i,e 15.07.2018 wait upto that maxm period.
9. satinder     Link|Jul 10, 2018 11:26:01 PM
What is the listing price?
8. HARIOM TAT SAT     Link|Jul 8, 2018 9:00:13 AM
Issue preclosed on 3rd July allotment by 10th july
7. sangargms     Link|Jun 28, 2018 7:35:20 PM
Hi. I have SBI demat account. Please tell me how can I apply for this. I have not invested in NCDs before. Thanks.
7.1. AnkurGoel     Link|Jun 29, 2018 11:59:52 AM
Login into SBI internet banking. Go to Asba service and choose IPO debt. There you can apply this NCD.
7.2. Navkant     Link|Jul 3, 2018 6:19:09 AM
Is the allotment FCFS?
6. ashoke mukhopadhyay     Link|Jul 1, 2018 6:54:35 PM
Stfcl -8 ncd is fully subscibed or not
6.2. amit ghosh     Link|Jul 3, 2018 12:01:13 AM
There is box named 'product offering'.
In that box , click in Ipo , there u will see the details...
6.3. amit ghosh     Link|Jul 3, 2018 12:04:59 AM
Btw, till today the issue subscribed by 3.5 time on it's base ,which is 1000 cr ....
5. shashi semwal     Link|Jul 4, 2018 12:57:13 PM
Shriram Transport Finance Company Ltd NCD 2018 has been closed 03 july 2018
4. ashoke mukhopadhyay     Link|Jul 3, 2018 9:44:12 PM
Stfc ncd-8 is clossed today.Allotment ncd will finalised& credit to demat a/c by 20.07.2018.
This ncd is clossed& removed from bank absa on the same day but we found in jmfinancial may2018 ncd absa was open after full subscription of ncd & fund refund fully after allotment of ncd without any interest of fund .
3. ashoke mukhopadhyay     Link|Jun 29, 2018 6:44:28 PM
WE DON't get update of subscription of stfc like dhfl/jmfinance.
We understand out of rs 5000 crore ncd . rs2500cr has already subscribed & in retail rs 900cr subscribed out of rs 2000 cr retail portion.
3.1. SHAILESH PAPRIWAL     Link|Jul 1, 2018 1:30:50 PM
WHAT IS SUBSCRIPTION TILL 30 JUNE 2018
3.2. SHAILESH PAPRIWAL     Link|Jul 1, 2018 1:41:37 PM
PLEASE UPDATE SUBSCRIPTION TILL DATE
2. hassal     Link|Jun 28, 2018 4:50:16 PM
Do we get interest on FACE VALUE?
If yes, then if I am alloted 10 bonds and frequency is one month,then,
for one month I get rs 900(10,000*9%) as interest and for one year 10,800 (900*12) as one year interest.
Am I right?
And are these bonds secured and can we sell then after listing?
2.1. A H T     Link|Jun 28, 2018 6:03:08 PM
Rs.900 for year 900/12 for 1month = 75
2.2. A H T     Link|Jun 28, 2018 6:09:33 PM
75 for 10000 per month