This entry is part 1 of 4 in the series STFC NCD

stfcShriram Transport Finance (STFC) NCD open from 02 July 2014. Monthly or Yearly Interest option is good for Investor.  Senior Citizens shall be entitled to an additional yield at the rate of 0.25% per annum. The Issue has 8 investment options with returns upto 11.50% p.a.  The NCD have been rated  CARE AA+ by Care rating agency. (Issue Close Early  4 July 2014)

Note : All Debt Issue applications must be bidded before getting submitted with the collection bankers. Kindly ensure to Bid application  before Banking. 

Product Note

Issue Highlight – 
IssuerShriram Transport Finance Company
Type of InstrumentSecured, Redeemable, NCD
Issue Open02 July 2014
Issue Close22 July, 2014 (with option of early closure or extension)
Issue Size500 Cr. with an option to retain oversubscription of 3000 Cr.
Face ValueRs. 1,000
Min. Application Size10 Bonds (Rs.10000) & multiply of 1 NCD thereafter (across all series NCD)
Max Retail Application SizeRs. 5 lakhs
Interest Annually, Monthly & Cummulative
Interest on Application Money9.00%
Mode of AllotmentD'mat as well as Physical Form
RatingAA by CRISIL & AA+ by CARE
ListingNSE/BSE

Issue Structure –

OptionsIIIIIIIV
Tenor36 month (3 yrs)60 month (5 yrs)84 month (7 yrs)60 month (5 yrs)
Coupon Rate %9.85%10.00%10.15%10.71%
Additional Incentive 1.15%1.25%1.35%nil
Aggregate coupon & add. Incentive11.00%11.25%11.50%10.71%
Face Value1000100010001000
Maturity1000100010001000
Interest PaymentAnnualAnnualAnnualMonthly
OptionsVVIVIIVIII
Tenor84 month (7 yrs)36 month (3 yrs)60 month (5 yrs)84 month (7 yrs)
Coupon Rate %10.94%n.a.n.a.n.a.
Additional Incentive nilnilnilnil
Aggregate coupon & add. Incentive10.94%n.a.n.a.n.a.
Face Value1000100010001000
Maturity10001368.021704.622143.70
Yield11.50%11.00%11.25%11.50%
Interest PaymentMonthlyCumulativeCumulativeCumulative
  • Monthly option shall be available only to Individuals applying for Allotment of NCDs in demat form only.
  •  Senior Citizens (only First Allottees) shall be entitled to an additional yield at the rate of 0.25% per annum
  •  For series VI, VII and VIII, Senior Citizens (only First Allottee) will be paid an aggregate amount of Rs. 1,377.29, Rs. 1,723.87 and Rs. 2,177.70 per NCD, respectively, on the Redemption Date.
  •  For series IV and V, Senior citizens (only First Allottee) will get a coupon of 10.94% per annum and 11.17% per annum respectively payable monthly.

Cheque Details-  

Retail Investor                  : ” Escrow account STFC NCD VII Public Issue “

Note :   Application will be rejected if banked without uploading in the electronic system of the recognized stock exchange. (Bidding process)

Bankers : 

About Issue

About the Issuer

STFC is one of largest asset fianancing NBFC, with a primary focus on financing pre-owned commercial vehicles.

The AUM was Rs. 50,119.87 cr as on 31 March 2013 on an unconsolidated basis.

Company Highlights

  • One of the largest Indian asset financing NBFC, with total AUM of Rs. 53,834 Crore as of March 31, 2014
  • Track record of over 35 years
  • Pan-India presence through widespread network of 654 branches
  • Total employee strength was 18,122
  • Registered as a Deposit taking NBFC with Reserve Bank of India
  • Strategic presence in pre-owned and new commercial vehicles (with a focus on First Time Users (FTUs) and Small Road Transport Operators (SRTOs))
  • Expertise in valuation and collection
  • Low levels of NPAs – Net NPA of 0.84% as on March 31, 2014

Subscription


Cat ICat IICat IIICat IVTotal
Cat ICat IICat IIICat IVTotal
Issue Size300 Cr300 Cr900 Cr1500 Cr3000 Cr
3 JulySubscribe10.04 Cr0.35 Cr1436.60 Cr427.251874.23
No of times0.030.011.600.290.63
Unsubscribe289.97299.650.001072.751125.77
2 July 2014Subscribe10.00 Cr0.20 Cr1216.36 Cr340.34 Cr1566.90 Cr
No of times0.030.011.210.230.52
Unsubscribe290 Cr299.80 Cr-1159.66 Cr1433.10 Cr

Application


Download Form & Submit SBI Capital – Collection Center

Download Form Link

Check here Location for SBICap Securities Ltd – Collection purpose

 

PROCEDURES TO INVEST IN  NCD:

 

Step 1 

Download Application Form

Download Form Link

Check here Location for SBICap Securities Ltd – Collection purpose

 

Step 2

If Bonds / NCD   required in Dmat Format

  • Cheque drawn in favour titled a/c for application amount
  • Self attested photocopy of pancard of applicant

If Bonds required in Physical  Format

  • Cheque drawn in favour titled a/c for application amount
  • Self attested photocopy of pancard of applicant
  • Photocopy of the enclosed cheque
  • Self  attested photocopy of address proof

Step 3

Allotment of NCD First Come First Serve Basis, so don’t wait for last day of issue. After Issue fully subscribe Issue automatically close 2nd day or 3rd day (short notice).

The Applicant has to submit Application, complete in all respect to Nearest Center in your Location.

  • Keep Photocopy of Application Form for your record.
  • To record and track the status/allotment of your application form, send us the soft copy Application Form/ Acknowledgement Slip.
  • If you send photo copy of your application form we are track your application status and send you mail about Allotment status.

Listing

Listing Date :   18 July 2014

Allotment Date :   15 July 2014

Registrar of Issue :       

NCD 2014-15Shriram Transport Finance Company
Issue Open2 July 2014
Issue Close 4 July 2014
Issue RegistrarIntegrated Enterprises India Limited
Listing ExchangeBSE
Allotment Date15 July 2014
Listing Date18 July 2014
Interest Payment Date15 July & 1 Sep - Every Year
Face Value1000
Circular Ref. No BSE - 20140717-6
Series 1Series 2Series 3Series 4Series 5Series 6
Effective Yild11.00%11.25%11.50%11.25%11.50%11.00%
Interest Payment Annual AnnualAnnualMonthlyMonthlyNA
Period36 month60 month84 month60 month84 month36 month
ISIN NoINE 721A07HH0 INE 721A07HI8INE 721A07HJ6INE 721A07HK4INE 721A07HL2INE 721A07HM0
BSE Script 935128935130935132935134935136935138
Maturity15 July 201715 July 201915 July 202115 July 201915 July 202115 July 2017
Maturity Amt100010001000100010001368.02
Series 7Series 8
Effective Yield11.25%11.50%
Interest PaymentNANA
Period60 month84 month
ISIN NoINE 721A07HN8 INE 721A07HO6
BSE Script 935140935142
Maturity15 July 201915 July 2021
Maturity Amt1704.622143.79

Shriram NCD Allotment Listing Details with ISIN No , Script Code, Interest Payment Date etc.

 

Application Form & Investment Call : Rajendra 800 775 0904

Contact Us

rajendra@puneinvest.com

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