Shriram Transport Finance NCD July 2019 FAQ's

Shriram Transport Finance NCD July 2019 Detail
Issue Open Jul 17, 2019
Issue Close Aug 16, 2019
Issue Size (Base) ₹300.00 Crores
Issue Size (Shelf) ₹10,000.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE, NSE

Shriram Transport Finance NCD July 2019 Date & Price

  • When is Shriram Transport Finance NCD July 2019 public issue coming?

    The Shriram Transport Finance NCD July 2019 issue opens on Jul 17, 2019, and closes on Aug 16, 2019, for the subscription.

    Note that the public issue of NCD is closed early in case it is fully subscribed (base + shelf) before its issue closing day.The allotment is done on a First Come First Serve Basis.

  • What is Shriram Transport Finance NCD July 2019 timetable?

    Shriram Transport Finance Company Ltd NCD IPO dates are as below:

    Shriram Transport Finance NCD July 2019 Issue Timetable

    Bid/Offer Opens OnJul 17, 2019
    Bid/Offer Closes OnAug 16, 2019
    Record Date
    Deemed Date of Allotment
  • Where can I get the Shriram Transport Finance NCD July 2019 issue prospectus pdf?

    Sorry, Shriram Transport Finance NCD July 2019 DRHP PDF Document is not available at this time.

    Shriram Transport Finance NCD July 2019 Red Herring Prospectus (RHP) PDF
  • What is Shriram Transport Finance NCD July 2019 price? Tell me the pricing of Shriram Transport Finance Company Ltd NCD issue?

    Shriram Transport Finance NCD July 2019 price is set at ₹1000 per NCD.
  • What is the face value of Shriram Transport Finance NCD July 2019?

    The NCD's will be issued at a face value of ₹1000 each NCD.
  • What is the frequency of interest payment for Shriram Transport Finance NCD July 2019?

    The frequency of payment for Shriram Transport Finance NCD July 2019 is 30 months/42 months/60 months/84 months.
  • What is the minimum application size for investment in Shriram Transport Finance NCD July 2019 public issue?

    Each application should be for a minimum of 10 NCD's and multiples of 1 NCD thereof.
  • What is Shriram Transport Finance NCD July 2019 closing time?

    Shriram Transport Finance NCD July 2019 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until Aug 16, 2019. The bid may close earlier in case it is fully subscribed.
  • What are the interest rates and benefits received under different categories for Shriram Transport Finance NCD July 2019?

    Series I to Series VIII

    Coupon rates for series 1 to 10

      Series 1 Series 2 Series 3 Series 4 Series 5 Series 6 Series 7 Series 8 Series 9 Series 10
    Frequency of Interest Payment Monthly Monthly Monthly Annually Annually Annually Annually Cumulative Cumulative Cumulative
    Tenor 42 months 60 months 84 months 30 months 42 months 60 months 84 months 42 months 60 months 84 months
    Coupon Rate 9.12% 9.22% 9.31% 9.30% 9.50% 9.60% 9.70% NA NA NA
    Amount on Maturity Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,000 1,374.75 1,582.25 1,912.80
  • What are the tenors of Shriram Transport Finance NCD July 2019 bonds?

    The NCD's have a fixed maturity date. The date of maturity of the NCD's is Annual, Cumulative, and Monthly.

Shriram Transport Finance NCD July 2019 Issue Size and Subscription Status

  • What is the base issue size of Shriram Transport Finance NCD July 2019?

    The Shriram Transport Finance NCD July 2019 consist of a base issue and a shelf issue.

    • NCD Base Issue Size: ₹300.00 Crores
    • NCD Shelf Issue Size: ₹10,000.00 Crores

    Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base issue.

  • How many Shriram Transport Finance Company Ltd NCD's are offered to retail investors?

    Sorry, The number of shares offered in Shriram Transport Finance NCD July 2019 is not available at this time. Please revisit us for latest updates.
  • Can NRI apply in the Shriram Transport Finance Company Ltd NCD IPO?

    Yes, NRI's are eligible to apply in this Issue.
  • Who is not eligible to invest in the Shriram Transport Finance Company Ltd issue?

    The following categories of persons, and entities, shall not be eligible to participate in the Issue and any Applications from such persons and entities are liable to be rejected: (a) Minors without a guardian name*(A guardian may apply on behalf of a minor. However, Applications by minors must be made through Application Forms that contain the names of both the minor Applicant and the guardian); (b) Foreign nationals; (c) NRI inter-alia including any NRIs who are (i) based in the USA, and/or, (ii) domiciled in the USA, and/or, (iii) residents/citizens of the USA, and/or, (iv) subject to any taxation laws of the USA; (d) Persons resident outside India; (e) Foreign Institutional Investors; (f) Foreign Portfolio Investors; (g) Foreign Venture Capital Investors (h) Qualified Foreign Investors; and Overseas Corporate Bodies (i) Persons ineligible to contract under applicable statutory/regulatory requirements
  • What is Shriram Transport Finance Company Ltd NCD IPO Gray Market Premium (GMP)?

    You could check Shriram Transport Finance Company Ltd NCD Grey Market Premium (GMP Rate) by visiting our Grey Market Price (Message Board).

    Note that there is no official source of GMP Rate as they are over-the-counter transactions.

Shriram Transport Finance NCD July 2019 Allotment and Listing

  • Which stock exchange are the Shriram Transport Finance Company Ltd NCD is proposed to be listed on?

    The NCD's are proposed to be listed on BSE, NSE.
  • What is the basis of allotment for Shriram Transport Finance NCD July 2019 issue? How will allocation happen in case of oversubscriptions?

    Applicants are allocated NCD's on a First Come First Serve Basis.
  • Where do I check Shriram Transport Finance Company Ltd allotment status?

    Click here to check Shriram Transport Finance Company Ltd Allotment Status.
  • What is Shriram Transport Finance Company Ltd NCD listing date or trading date?

    The Shriram Transport Finance Company Ltd NCD listing data are not available. The date is published by the exchange a couple of days before the NCD listing.
  • What is Shriram Transport Finance Company Ltd NCD expected listing price?

    It is hard to say at what price Shriram Transport Finance NCD July 2019 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Shriram Transport Finance Company Ltd NCD - Should I apply?

  • What is the credit rating for the Shriram Transport Finance NCD July 2019?

    The NCDs proposed to be issued under this Issue have been rated 'CARE AA+; Stable' by CARE Ratings Limited ("CARE") for an amount of up to Rs. 10,00,000 lacs vide its letter dated June
    28, 2019, 'CRISIL AA+/Stable' by CRISIL Limited ("CRISIL") for an amount of up to Rs. 10,00,000 lacs vide its letter dated June 26, 2019 and 'IND AA+; Outlook Stable' by India Ratings
    and Research Private Limited ("India Ratings") for an amount of up to Rs. 10,00,000 lacs vide its letter dated June 25, 2019. The rating of the NCDs by CARE, CRISIL and India Ratings
    indicate that instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations and carry very low credit risk.

  • Shriram Transport Finance Company Ltd NCD good or bad? Should you subscribe in Shriram Transport Finance NCD July 2019 or not?

    Sorry, we do not provide NCD recommendations. But we share a lot of information about Shriram Transport Finance NCD July 2019 which could help you with questions like Shriram Transport Finance NCD July 2019 buy or not? You should also read Shriram Transport Finance NCD July 2019 Analysis from experts and check the daily subscription status.
  • Shriram Transport Finance NCD July 2019 should you apply? Shriram Transport Finance NCD July 2019 worth investing?

    It depends on many factors like company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, NCD Analysis from experts and follow the subscriptions before you make the decision to apply in an NCD public Issue.
  • How much profit can I make in Shriram Transport Finance Company Ltd NCD issue's retail category?

    Shriram Transport Finance Company Ltd NCD listing day gains are unpredictable as depends on many factors on the day listing. It depends on factors like the demand, the market situation on the day of listing, NCD Issue size etc.

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