Shriram Transport Finance Company Ltd of Secured NCD of face value Rs 1000 each, aggregating up to Rs 375 crores with an option to retain over subscription up to Rs 375 crores for issuance of additional NCDs aggregating to a total up to Rs 750 crores
Allotment of Bonds will be on First-cum- first – serve Basis
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[wptabtitle] Product Note[/wptabtitle] [wptabcontent]Issue Highlight [ws_table id=”185″][/wptabcontent]
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[wptabtitle]Interest Rate Table[/wptabtitle] [wptabcontent]
Series I[ws_table id=”186″]
Series II[ws_table id=”187″]
Series III [ws_table id=”190″]
Series IV [ws_table id=”188″]
Series V [ws_table id=”189″]
[wptabtitle]About Issuer[/wptabtitle] [wptabcontent]
Shriram Transport Finance Company (STFC) is the largest Indian asset financing NBFC*. , with a primary focus on financing pre‐
owned commercial vehicles.
The AUM was Rs. 50,119.87 crores (comprising Assets Under Management in the books of our Company of Rs. 31,967.98 crores, and loan assets securitized and assigned of Rs. 18,151.88 crores) as on March 31, 2013 on an unconsolidated basis.
Over the past three decades, STFC has achieved success in reaching its objective of offering the common man with a host of products and services that would be helpful to him on his path to prosperity. The current NCD issue will help us enhance our lending capacity and further our objective.
Also due to our large Balance Sheet size it is pertinent from a long term business growth perspective that we are able to diversify our lenders base, so that we are able to borrow money from a variety of investor classes at a competitive cost.
Q. What is Face Value of Issue?
Ans . The NCD will be issued at face value of Rs. 1000/- per NCD.
Q. What is minimum Application size for Investment ?
Ans . – An investor need to apply for minimum Rs. 10000/- ot 10 NCD & multiples of Rs. 1000 or 1 NCD
Q. Is there any reservation for Retail Investor ?
Ans. Yes, Individual Investors in this issue have been classified under two categories, Retail Ind. Investor (investment upto 5 lakh) and HNI (investment above Rs. 5 lakhs).
50 % of the issue id reserved for Retail Investor & 30 % for HNI’s .
Q. Is Dmat Account is necessary to invest in these bonds ?
Series I , II , IV & V – allotted Physical Form & D’mat form (both Option)
Series III – Compulsorily in D’mat Form only
[wptabtitle]Download[/wptabtitle] [wptabcontent] Download
- Banking Matrix
STFC NCD as on 22-07-2013 at 11.00 a.m.
|COLLECTION FIGURES WITH AND WITHOUT GREENSHOE OPTION|
|Rs. In Crs||Received (NCDs)||Rs. In Crs||Subscription||Subscription|
|Rs.375 Crs||Rs.750 Crs|
|1 Institutional Investors (10%)||375000||37.5||4917||0.49||0.01||0.01|
|II Non Institutional Investors 10%)||375000||37.5||23845||2.38||0.06||0.03|
|III High Net-worth Individuals (HNIs) (30%)||1125000||112.5||2273019||227.30||2.02||1.01|
|IV Retail Investors (50%)||1875000||187.5||4169455||416.95||2.22||1.11|
[wptabtitle]Listing[/wptabtitle] [wptabcontent] Allotment & Listing Details
Allotment – Link
Listing Date : 7 Aug. 2013
Annexure I – Security details
|Security Description||Series I||Series II||Series III||Series IV||Series V|
|No. of Sec||2639737||2988457||590172||611917||528621|