STFC Ltd. NCD 2013 Nov

Shriram Transport Finance Ltd.[STFC] NCD  Oct 2013 Interest Rate up to 11.75%

shriram STFC Ltd. NCD 2013 Nov

Company Profile

Shriram Transport Finance Company Limited is a non-banking financial company. It is engaged in financing of pre-owned and new commercial and passenger vehicles, tractors, three wheelers and multi-utility vehicles. It also provides finance for working capital, engine replacement, bill discounting, credit cards and tire-loans as holistic financing support. Through its 100%-owned subsidiary, Shriram Equipment Finance Company Limited, it provides financing of pre-owned and new construction equipment. The Company also owns, operates and manages Automall, pre-owned commercial vehicle physical auction platform through Shriram Automall India Limited, a 100%- owned subsidiary. It sells refurbished commercial vehicles through Shriram New Look. The Company operates in three segments: providing fi nance to commercial vehicles, other loans(Financing activities),trading of used commercial vehicles (Trading Division) and facilitating the buyers / sellers to sell their vehicles (Service Division).

Key Strengths:

a. The largest asset financing NBFC in India.

 

b. Access to a range of cost effective funding sources.

 

c. Unique business model and a track record of financial performance.

 

d. Strong brand name.

 

e. Extensive experience and expertise in credit appraisal and collection processes.

 

f. Experienced and senior management team.     


 

STFC Ltd NCD 2013 Details

Issuer
Shriram Transport Finance Company Limited
Debenture TrusteeIDBI Trusteeship Services Limited
IssuePublic Issue of NCDs aggregating upto Rs. 250 Crs with an option to retain over-subscription upto Rs. 250 Crs for issuance of additional NCDs aggregating to a total of upto Rs. 500 Crs
Type of InstrumentSecured Redeemable Non Convertible Debentures
Face Value/Issue Price1,000
Minimum ApplicationRs.10,000/- (10 NCDs)
In Multiples ofRs. 1,000 (1 NCD)
Nature of InstrumentSecured
Mode of IssuePublic Issue
ListingBSE and NSE.
Credit RatingCRISIL AA/Stable’ by CRISIL & ‘CARE AA+’ by CARE
Issue SizeBase Issue size of Rs. 250 Crs with an Option to retain over-subscription for Rs. 250 Crs for an aggregate issue size of Rs. 500 Crs
Mode of AllotmentAll Series of NCDs will be allotted in the dematerialized form and/or the physical form, at the option of the Applicant.
TradingThe trading of the NCDs on the floor of the Stock Exchanges shall be in dematerialized form only.
Issue ScheduleThe Issue shall be open from October 7, 2013 to October 21, 2013.

STFC Ltd NCD 2013 Series Details

Series
I
II
III
IV
V
VI
Frequency of Interest PaymentAnnualAnnualAnnualNot ApplicableNot ApplicableNot Applicable
Coupon (% per annum) for Non – Individuals10.75%10.75%10.75%10.75%10.75%10.75%
Additional Incentive on Coupon (% per annum) for individuals0.50%0.75%1%Not ApplicableNot ApplicableNot Applicable
Aggregate of Coupon and Additional Incentive on any Record DateIndividuals-11.25%Individuals-11.50%Individuals-11.75%Individuals-11.25%Individuals-11.50%Individuals-11.75%
Tenor (Month)366084366084

Who can apply / invest ?

HUF/Individual/Trust/Firms/Corporate/SeniorCitizen/Minor

Important Information (Instruction)

 

Please take print of the Application Form A4 / A3 paper size.

Attach following document along with the application form : –

1] PAN Card, Address Proof and Cheque Photo Copy attested by the Investor,

2] Bidding is mandatory.

3] Cheque / DD should be drawn in favour of “Escrow Account-STFC NCD VI Public Issue”.

4] On First come First Serve Basis.

5] Keep photocopy of application form for your record.

6] Submit / deposit your NCD application form in Listed/ Design Bank Branches after Bidding.

7] To record and track the status/allotment of your application form, send us the Photocopy / soft copy Application Form/ Acknowledgement Slip on our Address or on email id.

8] The actual bond will reflect in your demat account within 8-12 weeks’ time from date of allotment.

9] Free Home Service is available.*

Profits & Dividend( in Lacs )

Years

Profit Before Tax

Profit After Tax

Dividend %

2012

188091.02

125744.96

25

2011

184892.76

122988

65

2010

132,459.12

87,311.74

50

2009

92063.11

61240.21

50

2008

60583.3

38982.65

50

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