SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Shriram City Union Finance gains on getting nod to raise Rs 200 crore via NCDs

15 Dec 2020 Evaluate

Shriram City Union Finance is currently trading at Rs. 1080.00, up by 11.65 points or 1.09% from its previous closing of Rs. 1068.35 on the BSE.

The scrip opened at Rs. 1070.00 and has touched a high and low of Rs. 1080.00 and Rs. 1067.35 respectively. So far 300 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1571.65 on 03-Jan-2020 and a 52 week low of Rs. 617.00 on 29-May-2020.

Last one week high and low of the scrip stood at Rs. 1115.80 and Rs. 1032.15 respectively. The current market cap of the company is Rs. 7196.48 crore.

The promoters holding in the company stood at 34.56%, while Institutions and Non-Institutions held 62.93% and 2.50% respectively.

Shriram City Union Finance has received an approval for the issuance of non-convertible debentures (NCDs) for an amount of Rs 100 crore with green shoe option up to Rs 100 crore, aggregating up to 2,000 NCDs amounting to Rs 200 crore. The bonds will be in the nature of secured, rated, listed, redeemable, principal protected market linked debentures (PP-MLD). The NCDs will be issued on a private placement basis in one or more tranches. The banking and securities management committee of the company at its meeting held on December 14, 2020 has approved the same.

Shriram City Union Finance is India’s premier financial services company specializing in small-ticket retail finance.

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:

×