JM Financial Credit Solutions Limited
ABOUT THE ISSUER
Shriram Transport Finance Company Limited (STFC) is part of the "SHRIRAM" conglomerate which has significant presence in financial services viz., commercial vehicle financing business, consumer finance, life and general insurance, stock broking, chit funds and distribution of financial products such as life and general insurance products and units of mutual funds. STFC was set up with the objective of offering the common man a host of products and services that would be helpful to him on his path to prosperity. Over the decades, the company has achieved significant success in reaching this objective, and has created a tremendous sense of loyalty amongst its customers.
ISSUE DETAILS
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Issue Size: Rs.5,000 Crs
Base Issue Rs.1,000 Crore with an option to retain oversubscription up to Rs.4,000 Crore aggregating up to the Shelf Limit of Rs.5,000 Crore.
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“AA+/Stable” & “AA+:Outlook Stable”
Rated by CRISIL and India Ratings
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Minimum Application Size: Rs.10,000
or 10 NCDs with Face Value of Rs.1000 each
COUPON RATE
STEPS
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Step 1
Log in to your AxisDirect account
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Step 2
Under Trading tab, click on IPO/OFS section
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Step 3
Click on “Current IPO/FD/OFS” tab
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Step 4
Select 'Shriram Transport Finance Company Limited' & “apply”