SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Shriram Transport to raise Rs 500 crore via NCDs

12 Sep 2013 Evaluate

In a bid to support financing activities, non-banking finance company Shriram Transport Finance is planning to raise around Rs 500 crore through non convertible debentures (NCDs). In this regard, the company has filed a draft offer document for public issue of secured redeemable NCDs of face value of Rs 1,000 each, NCDs aggregating up to Rs 250 crore with an option to retain over-subscription up to Rs 250 crore for issuance of additional NCDs aggregating to a total of up to Rs 500 crore.

The proceeds from the issue will be used for financing activities including lending and investments. The company will also use the fund for repaying existing loans and for business operations including capital expenditure and working capital requirements.

The lead managers of the issue are JM Financial Institutional Securities and A K Capital Services, while Integrated Enterprises (India) is the registrar.

Shriram Transport Finance is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC. The company was with an objective to provide hire purchase and lease finance for the medium and heavy commercial vehicles to individual truck operators.

Shriram Finance Share Price

1036.50 14.05 (1.37%)
17-Apr-2026 16:59 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:

×