Shriram Transport Finance Non Convertible Debentures (NCD) : Invest

Shriram Transport Finance Company Limited ("STFC") is offering with public issue of Secured Non-Convertible Debentures, ("NCDs").


Issue Period : July 27, 2009 till August 14, 2009

Yield : Upto 11.50% p.a.

Rating ; 'AA (ind)' by Fitch and 'CARE AA+' by CARE.

Minimum Application : Rs.10,000/- (10 NCD's)

Senior Citizens shall be entitled to an additional interest at the rate of 0.25% per annum on Option I & II

Issue Size
The size of the issue is Rs. 500 crores with an option to retain over subscription of up to Rs. 500 crores for issuance of additional NCDs ('Issue')

  • No income tax is deductible at source as per the provisions of Section 193 of the IT Act on interest on debentures issued by a company in a dematerialised form listed on recognised stock exchange in India
  • The NCDs will be issued in Demat mode only

We advice you to invest this issue as the interest offered is optimum considering the risk and company profile. 


Post a Comment

All comments are moderated. Please post no spam

Disclaimer & Privacy Policies

(c) Mrs. Ruby Christy. This site and contents are owned by Mrs. Ruby Christy;
Use of this website and/or services offered by us indicates your acceptance of our Disclaimer& Privacy Policies.

Information and opinions provided on this website ( has been independently obtained from sources believed to be reliable. However, such information may include inaccuracies, errors or omissions. and its affiliates, information providers or content providers and R.John Christy and his Family shall have no liability to you or third parties for the accuracy, completeness, timeliness or correct sequencing of information available on this website or feeds, or for any decision made or action taken by you in reliance upon such information, or for the delay or interruption of such information.,its affiliates, information providers ,content providers and R. John Christy and his Family shall have no liability for investment decisions or other actions taken or made by you based on the information provided on this website. Any action you choose to take in the markets is totally your own responsibility. and R. John Christy and his Family will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. This information is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. Opinions expressed by R. John Christy are his own and not of his past, present and future employers.
The DoubleClick DART cookie is used by Google in the ads served on this websites displaying AdSense for content ads. When users visit this website and either view or click on an ad, a cookie may be dropped on that end user's browser.
  • Google, as a third party vendor, uses cookies to serve ads on this site.
  • Google's use of the DART cookie enables it to serve ads to your users based on their visit to this site and other sites on the Internet.
  • Users may opt out of the use of the DART cookie by visiting the Google ad and content network privacy policy.
  • never collects any personal information of visitors.