Shriram Finance Lists New Bonds On BSE, Offers 8.93% Interest Till July 2027

Shriram Finance Lists New Bonds On BSE, Offers 8.93% Interest Till July 2027

Shriram Finance listed new bonds on BSE offering 8.93% yearly interest. The bonds mature in July 2027 and are rated AA+/Stable. They're issued at a premium and traded in demat form.

G R MukeshUpdated: Friday, May 30, 2025, 03:32 PM IST
article-image
Shriram Finance listed new bonds on BSE offering 8.93% yearly interest. |

Mumbai: Shriram Finance Limited has listed new debt securities on the Bombay Stock Exchange (BSE) Debt Segment starting today, May 30, 2025. These bonds were issued through a private placement and are now available for trading in dematerialised form.

The company has issued 10,000 bonds, each with a face value of Rs 1,00,000. The bonds are listed under the scrip code 976166 and scrip ID 89267SFL27. The detailed name of the bond is SFL-8.9267 per cent-20-7-27-PVT, and the ISIN is INE721A07SI5.

These bonds carry an annual interest rate of 8.9267 per cent, and interest will be paid once every year. The date of redemption is July 20, 2027, and there is no put or call option available. The issue price of each bond is Rs 1,06,785.26, meaning they were issued at a premium.

The credit rating of the bonds is AA+/Stable by CRISIL and India Ratings, showing strong financial backing. Investors can trade these bonds in single units, and the minimum price change (tick size) allowed is 1 paise.

For full details, interested members can refer to the Placement Memorandum available on the BSE website.

Shriram Finance listed new bonds on BSE offering 8.93 per cent yearly interest. The bonds mature in July 2027 and are rated AA+/Stable. They're issued at a premium and traded in demat form.

RECENT STORIES

Elon Musk Pipped By Maverick Founder Larry Ellison Who Once Eyed Apple; Oracle Stocks Sizzle

Elon Musk Pipped By Maverick Founder Larry Ellison Who Once Eyed Apple; Oracle Stocks Sizzle

Indian Millennials Are Different From APAC Ones, They Prefer Family Trips

Indian Millennials Are Different From APAC Ones, They Prefer Family Trips

Rupee As THE New Reserve Currency? CEA Nageswaran Clarifies

Rupee As THE New Reserve Currency? CEA Nageswaran Clarifies

Stop Dreaming About That iPhone, Instead Look At This Stock For Sweet Gains

Stop Dreaming About That iPhone, Instead Look At This Stock For Sweet Gains

Nepal on boil, India Inc's turmoil; Hilton Kathmandu Set Ablaze

Nepal on boil, India Inc's turmoil; Hilton Kathmandu Set Ablaze