Shri Ram Finance Corporation Private Limited
ACTIVE
ISIN: INE08E808025
Issuer Details
Issuer Name
SHRI RAM FINANCE CORPORATION...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
14.45%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U65100CT2004PTC016590
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
Vardhaman Trusteeship Privat...
Instrument Details
Instrument name as on NSDL
14.45% UNSECURED RATED UNLIS...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
15
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
20-08-2024
Redemption Date
20-09-2029
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Subordinate Tier 2
Cash Flow Schedule
Cash Flow Event
Record Date
Interest
13-09-2024
Interest
13-10-2024
Interest
13-11-2024
Interest
13-12-2024
Interest
13-01-2025
Interest
13-02-2025
Interest
13-03-2025
Interest
13-04-2025
Interest
13-05-2025
Interest
13-06-2025
Interest
13-07-2025
Interest
13-08-2025
Interest
13-09-2025
Interest
13-10-2025
Interest
13-11-2025
Interest
13-12-2025
Interest
13-01-2026
Interest
13-02-2026
Interest
13-03-2026
Interest
13-04-2026
Interest
13-05-2026
Interest
13-06-2026
Interest
13-07-2026
Interest
13-08-2026
Interest
13-09-2026
Interest
13-10-2026
Interest
13-11-2026
Interest
13-12-2026
Interest
13-01-2027
Interest
13-02-2027
Interest
13-03-2027
Interest
13-04-2027
Interest
13-05-2027
Interest
13-06-2027
Interest
13-07-2027
Interest
13-08-2027
Interest
13-09-2027
Interest
13-10-2027
Interest
13-11-2027
Interest
13-12-2027
Interest
13-01-2028
Interest
13-02-2028
Interest
13-03-2028
Interest
13-04-2028
Interest
13-05-2028
Interest
13-06-2028
Interest
13-07-2028
Interest
13-08-2028
Interest
13-09-2028
Interest
13-10-2028
Interest
13-11-2028
Interest
13-12-2028
Interest
13-01-2029
Interest
13-02-2029
Interest
13-03-2029
Interest
13-04-2029
Interest
13-05-2029
Interest
13-06-2029
Interest
13-07-2029
Interest
13-08-2029
Redemption
13-09-2029
Interest
13-09-2029
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About Shri Ram Finance Corporation Private Limited bond with ISIN: INE08E808025
In the competitive landscape of fixed income securities, detailed and comprehensive information is vital for both investors and market analysts. This bond, identified by the unique ISIN INE08E808025, represents a significant financial instrument. Issued by SHRI RAM FINANCE CORPORATION PRIVATE LIMITED, it comes with the following description: "14.45% UNSECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE TIER II DATE OF MATURITY 20/09/2029". Although the bond is currently marked as active, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, SHRI RAM FINANCE CORPORATION PRIVATE LIMITED, classified as Non PSU, plays an essential role in the market despite some details such as sector, industry, and issuer nature not being explicitly provided. Key identifiers like the Corporate Identification Number (CIN) U65100CT2004PTC016590 further bolster its credibility. With a coupon rate of 14.45, this instrument has been meticulously managed with the assistance of N/A and under the oversight of Vardhaman Trusteeship Private Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 15. It was allotted on 8/20/2024 and is scheduled for redemption on 9/20/2029. Categorized under "PLAIN VANILLA DEBENTURES" and defined as Unsecured, the instrument is structured to meet specific investment objectives. Although options such as call or put are not applicable in this instance, the core attributes remain detailed and robust. A critical element in evaluating any fixed income instrument is its credit rating. The bond carries a credit rating of A- as provided by Acuite Ratings And Research Limited. In the market, ratings typically range from D to AAA, and a rating of A- is generally considered to be on the riskier end of the spectrum. This insight helps potential investors understand that while the ratings spectrum is broad, a lower rating can indicate higher risk, prompting careful consideration before investing. The security measures add another layer of assurance. The asset cover is described as follows: No specific asset cover description available. – a feature that, while requiring further inquiry for complete details, underscores the issuer’s commitment to providing some level of investor protection. Furthermore, the bond is supported by several documents. The bond is supported by a variety of documents including Acuite Ratings And Research Limited_06-08-2024, Acuite Ratings And Research Limited_-. These documents serve as a reference for additional details and provide transparency to interested parties. Additionally, there are similar bonds in the market such as the bond with ISIN INE08E807035 having a coupon rate of 3Month TBill FBIL Benchmark and the bond with ISIN INE08E807043 having a coupon rate of 12.4%. Such comparable instruments offer a broader perspective on market positioning and allow investors to perform benchmark analysis. This detailed description is crafted to meet rigorous content standards and to offer exhaustive insights into every facet of the bond’s structure. Investors, analysts, and researchers alike can derive substantial value from this narrative, which underscores both the instrument’s inherent characteristics and its broader market positioning. Such elaborate coverage enhances investor confidence by providing a rich, comprehensive content base. Every element from issuance details to security measures and comparative insights is meticulously presented to facilitate an informed and robust market understanding.