Announced Thu, 9 Jul · 17:10 IST
Shriram Finance allots Rs 2000 Crore NCDs via private placement
Fund Raising View source PDF
SHRIRAMFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.4%1-day move
₹1033.90
prior close
₹1049.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1+0.1-0.1-0.3+1.4-2.1-0.2-0.9+0.2+2.9————
Up moveDown movePending
AI summary
Shriram Finance allotted 1,10,000 senior secured NCDs worth Rs 2,000 Crores via private placement on July 9, 2026. Option 1: 1,00,000 NCDs at 7.80% coupon for Rs 1,000 Cr, maturing September 2029 (3 year tenor). Option 2: 10,000 NCDs at 8% coupon for Rs 1,000 Cr, maturing December 2031 (about 5.5 year tenor), issued at a small premium yielding 7.90%. Proceeds will augment long-term resources for lending, refinancing, and general corporate purposes.
Likely market impact
Rs 2,000 Cr debt raise at competitive rates supports lending growth. No equity dilution; adds to interest obligations for shareholders.