Shriram Transport Finance Secured NCD Issue July 2012:

Shriram Transport NCD July 2012 Subscription updates:Issue is Oversubscribed.

Shriram Transport Finance Company Limited,one of the major Commercial vehicle finance company has proposed issue of Secured issue of Non-Convertible debentures as details below.

Issue: Public issue by Shriram Transport Finance Company Limited,of Secured NCDs aggregating upto 300 Crores with an option to retain the oversubscription of the same amount.

Issue Objective:The funds raised through this issue will be utilized for purpose of various financing activities like lending, investments and provisions laid down by RBI.

•  Issue Start Date: 26th July,2012.
•  Issue Close Date: 10th August,2012.

Mode of allotment : Compulsorily in demat form to all categories of investors except Reserved Individual Investors who have opted for NCDs in the form of physical mode.

Credit Rating: AA By Crisil and AA+ by CARE.Both indicates stable rating.

Meaning of Reserved Individual Investor:

Those investors who apply for NCDs aggregating to a value not more than Rs.5 Lakhs, across all series of NCDs.

Security: Secure NCDs,Security cover of immovable asset of equivalent amount to be provided by the company.

Interest Rates and other Brief details: 

•  Minimum application amount is Rs.10,000/- .
• Documents: Self attested Pan Card for demat mode and Self attested address proof / pan card if opted for physical mode.
• Individuals who invest below Rs.5 lakh can opt for demat as well physical mode.
• Annual payout and Cumulative both of the options available.

For Application Form Of Shriram Transport NCD July 2012 Please e-mail Me at ppdeshpande123@gmail.com.

Or Click here to download application form of STFC July 2012 NCD issue..

View Here Collection Centres For Shriram Transport NCDs