Shriram Transport Finance Limited NCD July 2014

Shriram Transport NCD July 2014 Interest Rate up to 11.50%

Company Profile

1]STFC was established in 1979 and has a long track record of over three decades in the commercial vehicle financing industry in India.
2]STFC has been registered as a deposit-taking NBFC with the RBI since September 4, 2000 under Section 45IA of the Reserve Bank of India Act, 1934.
3]STFC is a part of the Shriram group of companies which has a strong presence in financial services in India, including commercial vehicle financing,consumer finance, life and general insurance, stock broking, chit funds and distribution of financial products such as life and general insuranceproducts and mutual fund products, as well as a growing presence in other businesses such as property development, engineering projects and information technology.
4]As of March 31, 2014 STFC had 654 branches across India, including at most of the major commercial vehicle hubs along various road transportationroutes in India.
5]STFC’s Assets under Management (AUM) have grown by a CAGR of 16.54 % from Rs. 29,185.93 crores as of March 31, 2010 to Rs. 53,834.39 crores as of March 31, 2014, on an unconsolidated basis.
6]STFC’s Total income on an unconsolidated basis increased from Rs 4,501.38 crores in fiscal 2010 to Rs. 7,888.26 crores in fiscal 2014 at a CAGR of15.06%
7]STFC’s capital adequacy ratio as of March 31, 2013 computed on the basis of applicable RBI requirements was 23.37 %, on an unconsolidated basis,compared to the RBI stipulated minimum requirement of 15.00%.
8]STFC’s Net NPAs as a percentage of Net Loan Assets was 0.84% as of March 31, 2014, on an unconsolidated basis.
9]STFC’s net profit after tax increased from Rs. 873.12 crores in fiscal 2010 to Rs. 1,264.21 crores in fiscal 2014, at a CAGR of 9.69%.

STFC NCD July 2014 Details

Issue Opening Date
Jul 02, 2014
Issue Closing DateJuly 22, 2014
IssuerShriram Transport Finance Company Limited
Lead ManagersA. K. Capital Services Limited, JM Financial Institutional Securities Limited, ICICI Securities Limited and Edelweiss Financial Services Limited
Debenture TrusteeIDBI Trusteeship Services Limited
Tranche-I Issue SizeIssue of NCDs for an amount of Rs. 500 Crs with an option to retain oversubscription upto the Shelf Limit, i.e. upto Rs. 3,000 Crs
Type of InstrumentSecured Redeemable Non Convertible Debentures
Face Value(in Rs/ NCD)1,000
Minimum ApplicationRs.:10,000/- (10 NCDs) (for all Series of NCDs, namely Series I, Series II, Series III, Series IV, Series V, Series VI, Series VII and Series VIII either taken individually or collectively)
In Multiples ofRs.1,000/- (1 NCD)
Nature of InstrumentSecured
Mode of IssuePublic Issue
ListingBSE and NSE. NSE shall be the Designated Stock Exchange. For further details, please refer to the section titled “Terms of the Issue” on page 37 of the Tranche-I Prospectus.
Credit RatingCRISIL AA/Stable by CRISIL ; CARE AA+ by CARE ; IND AA+ by India Ratings & Research
Mode of AllotmentAllSeries of NCDs will be allotted in the dematerialized form and/or the physical form, at the option of the Applicant, in terms of section 8(1) of the Depositories Act
TradingThe trading of the NCDs on the floor of the Stock Exchanges shall be in dematerialized form only.
Trading Lot1 (one) NCD
DepositoriesNSDL and CDSL

STFC NCD July 2014 Series Details

Series
I
II
III
IV
Frequency of Interest PaymentAnnualAnnualAnnualMonthly**
Coupon (% per
annum) - (A)
9.85%10.00%10.15%10.71%
Additional Incentive
on Coupon (% per annum)
Individuals / Non
Individuals
1.15% / Nil
Individuals / Non
Individuals
1.25% / Nil
Individuals / Non
Individuals
1.35% / Nil
Nil
Aggregate of Coupon and Additional
Incentive (% Per Annum
Individuals / Non
Individuals
11.00% / 9.85%
Individuals / Non
Individuals
11.25% / 10.00%
Individuals / Non
Individuals
11.50% / 10.15%
10.71%
Effective Yield (% per annum)
Individual / Non Individual
11.00% / 9.85%11.25% / 10.00%11.50% / 10.15%11.25%
Tenor (Months)Thirty six monthsSixty monthsEighty four monthsSixty months

STFC NCD July 2014 Series Details

Series
V
VI
VII
VIII
Frequency of Interest PaymentMonthly**Not ApplicableNot ApplicableNot Applicable
Coupon (% per
annum) - (A)
10.94%Not ApplicableNot ApplicableNot Applicable
Additional Incentive
on Coupon (% per annum)
NilNot ApplicableNot ApplicableNot Applicable
Aggregate of Coupon and Additional
Incentive (% Per Annum
10.94%Not ApplicableNot ApplicableNot Applicable
Effective Yield (% per annum)
Individual / Non Individual
11.50%11.00% / 9.85%11.25% / 10.00%11.50% / 10.15%
Tenor (Months)Eighty four monthsThirty six monthsSixty monthsEighty four months

Who can Apply/Invest

Resident Indian individuals and Hindu Undivided, Resident public financial institutions, commercial banks, and regional rural banks,

Application Process and Form Submission/Collection Centers

Please take print of the Application Form A4 paper size. Click here to download Application form of Shriram Transport Finance Limited NCD July 2014
Attach following document along with the application form : –
1] PAN Card and Address Proof Photo Copy attested by applicant.
2] One Cancelled Cheque copy.
3] Bidding is mandatory.
4] Cheque / DD should be drawn in favour of “Escrow Account STFC NCD VII Public Issue”.
5] On First come First Serve Basis
6] Keep photocopy of application form for your record.
7] Submit / deposit your NCD application form in Listed/ Design Bank Branches. (search below for your city)
8] To record and track the status/allotment of your application form, send us the soft copy Application Form/ Acknowledgement Slip.
9] The actual bond will reflect in your demat account within 8-12 weeks time form date of allotment.
10] Free Home Service available *

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