Shriram Transport Finance Company has raised Rs 900 crore through senior secured rated, listed, redeemable, Non-convertible debentures (NCD) and allotted 8.56% p.a., 9000 NCDs having face value of Rs 10 lakh. 100% of the proceeds of the Issue shall be utilised towards Onward Lending and/or Refinancing existing debt and/or General Corporate Purpose.
Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 1006.55 |
| Shriram Finance | 1027.40 |
| Aditya Birla Capital | 403.60 |
| Chola Invest & Fin. | 1786.00 |
| Tata Capital | 355.50 |
| View more.. | |
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