Public Issue of Shriram Transport Finance Company Ltd. Secured Redeemable NCD

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RR Financial Consultants‘s insight:
Shri Ram Transport Finance

Shri Ram Transport Finance Company Ltd Secured Redeemable NCD.

Allotment of Bonds will be on first cum serve basis.

1- Issue size-375 crores with an option to retain over subcription upto 375 crores.

2- Category Allocation: Retail- 50%, HNI- 30%, Corporate- 10% and QIB- 10%

3- Tenor – 36 & 60 Months

4- Interest Payment- Annual, monthly & cumulative option in 5 year and Annual/Cumulative in 3 years. Monthly option not available for physical mode.

5- Listing- Proposed to be listed on BSE & NSE.

6- Issuance – Both physical and Demat Form.

7- Minimum subscription – Rs.10000(10 NCDs and in multiples of Rs. 1000)

For more information please visit:- http://www.rrfinance.com/Fixed_Income/BondDebentures.aspx

See on www.rrfinance.com

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