Instrument Description (Long): |
9.71% p.a. (NCD HOLDERS WHO ARE INDIVIDUALS ON ANY RECORD DATE SHALL RECEIVE ADDITIONAL INCENTIVE @ 1.23% p.a. FOR THE AMOUNT OUTSTANDING. SENIOR CITIZENS SHALL BE ENTITLED TO AN ADDITIONAL YIELD @ 0.25% p.a. FOR FIRST ALLOTTEES) SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES V. DATE OF MATURITY 15/07/2021 |
Instrument Description(short): |
SHRIRAM TRANSPORT FINANCE COMPANY LIMITED SR-V 9.71 NCD 15JL21 FVRS1000 |
ISIN: |
INE721A07HL2 |
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Type of Instrument: |
Debentures |
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Face Value (per instrument):: |
1000 |
Whether Secured or Unsecured: |
Secured |
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Coupon Basis: |
Fixed Interest |
Whether Guaranteed or Partially Guaranteed: |
Not guaranteed |
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Coupon Rate: |
9.71% |
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|
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Details of Variable Coupon Rate: |
N.A |
Seniority in Repayment: |
Senior |
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Day Count Convention: |
Actual/actual |
Whether tax free: |
No |
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Mode of Issue: |
Public Issue |
If Tax free - Section of The Income Tax Act,1961: |
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Issue price (per instrument): |
1000 |
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Issue Size (in Crores): |
35.186 |
Series (if any): |
SERIES V |
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Total Allotment Quantity: |
351866 |
Whether bonds/debentures fall under Infrastructure category as per Government notification: |
No |
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Date of Allotment: |
15-Jul-2014 |
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Tenure of the instrument at the time of Issuance: |
Year
:
7
Months
:
0
Days
:
0
|
|
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Frequency of Interest Payment with specified dates: |
MONTHLY ON 1ST OF EVERY MONTH STARTING 01/09/14 |
Scheduled Opening Date: |
02-Jul-2014 |
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Put Option with specified dates: |
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Scheduled Closing Date: |
22-Jul-2014 |
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Call Option with specified dates: |
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Actual Closing Date: |
04-Jul-2014 |
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Redemption Date/Last Conversion Date: |
15-Jul-2021 |
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Defaulted in Redemption: |
Not Applicable |
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If guaranteed, provide complete details regarding the Guarantee: |
N.A. |
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Redemption Premium Details: |
N.A. |
Step up / Step down coupon basis: |
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Step up / Step down details: |
N.A. |
Indicate whether Put option will be exercised at Discount/Premium/Par: |
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Put option details: |
N.A. |
Indicate whether Call option will be exercised at Discount/Premium/Par: |
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Call option details: |
N.A. |
Whether Debentures/Bonds are perpetual in nature: |
No |
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Indicate whether the instrument is rated: |
Yes |
Type of Convertibility - A: |
Non Convertible |
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Convertibility details: |
N.A. |
Type of Convertibility - B: |
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Coupon Type: |
Simple |
Compounding Frequency Details: |
N.A. |
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If secured, provide complete details regarding the assets secured/ Hypothecated/Mortgaged etc.: |
THE PRINCIPAL AMOUNT OF THE NCD TO BE ISSUED IN TERMS OF THIS TRANCHE I PROSPECTUS WITH ALL INTEREST DUE ON THE NCD SHALL BE SECURED BY WAY OF FIRST CHARGE IN FAVOUR OF THE DEBENTURE TRUSTEE ON AN IDENTIFIED IMMOVABLE PROPERTY AND SPECIFIED FUTURE RECEIVABLES OF OUR COMPANY AS MAY BE DECIDED MUTUALLY BY OUR CO. AND THE DEBENTURE TRUSTEE OUR CO. WILL CREATE APPROPRIATE SECURITY IN FAVOUR OF THE DEBENTURE TRUSTEE FOR NCD HOLDERS ON THE ASSETS ADEQUATE TO ENSU..CONTACT ISSUER FOR FURTHER DETAILS |