SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Shriram City Union Finance set to raise Rs 200 crore via NCD issue

15 Apr 2014 Evaluate

Shriram City Union Finance is all set to raise Rs 200 crore from a public issue of secured Redeemable Non-Convertible Debentures (NCD) of face value of Rs 1,000 each. The issue will open on April 16, 2014 and the lead managers are ICICI Securities and A K Capital Services. The fund raising is up to Rs 100 crore with an option to retain oversubscription up to Rs 100 crore for issuance of additional NCDs aggregating to a total of up to Rs 200 crore.

An NCD (Non Convertible debenture) is a debt instrument with a fixed tenure that pays interest monthly, quarterly, annually or at the end of the tenure. The money invested is returned either over the tenure of the investment or at the end of the tenure. These are certificates issued by companies to raise funds through the public issue and cannot be converted into equity shares.

Shriram City Union Finance has presence in the following business segments - loan Against Gold (LAG), Small Business Finance Loans (SBF), Auto Loans, 2-Wheeler loans, Personal Loans and Consumer Durables Loans.

Shriram City Union Share Price

1923.55 0.00 (0.00%)
28-Nov-2022 18:01 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×