S
AA Secured NCD

Shriram Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2031

Current YTM
No live YTM available
Coupon Rate
9.32%
Per annum
Maturity Date
02 May 2031
4.7 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual) EST
~9.32%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+275 bps
vs 4.7Y G-Sec at 6.57% *
Above the median spread for similar-tenor peers
Tenure
4.7 Years
Remaining to maturity
Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.
Cashflow Timeline
3 May 2027
Interest Payment
₹93,200.00 / Bond
3 May 2028
Interest Payment
₹93,200.00 / Bond
3 May 2029
Interest Payment
₹93,200.00 / Bond
3 May 2030
Interest Payment
₹93,200.00 / Bond
2 May 2031
Principal Payment
₹1,000,000.00 / Bond

Next 4 coupons + principal at maturity · per ₹1,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Upgrade: AAA by CRISIL on 2026-08-06 Rating action: AA by CRISIL on 2026-06-16 Issued 2021-05-03 Matures 2031-05-02

2 rating actions on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
9.32%
YTM (Annual)
Credit Rating
AA
(CRISIL)
Remaining Tenure
4.7 Years
Advanced metrics
Modified Duration
3.56 Yrs
Macaulay Duration
3.89 Yrs
Issue Size
₹10 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
3.56 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 0.68 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2021-05-03
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

SHFL-9.32%-2-5-31-PVT is a secured, rated, redeemable ncd issued by Shriram Finance Limited. The bond offers a fixed coupon of 9.32% p.a. with annual interest payments and repays principal on maturity.

Rating Action History 2 actions
DateAgencyActionRatingOutlookRationale
2026-08-06 CRISIL Upgrade AAA View →
2026-06-16 CRISIL Other AA View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2021-05-31
Rating Actions History 2 2026-08-06
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Frequently Asked Questions
What is the coupon rate on Shriram Finance 9.32% May 2031 NCD?

Shriram Finance 9.32% May 2031 NCD carries a coupon of 9.32%, paid annual, on a face value of ₹1,000,000.

When does Shriram Finance 9.32% May 2031 NCD mature?

Shriram Finance 9.32% May 2031 NCD matures on 2031-05-02, 4.7 years from today.

What is Shriram Finance 9.32% May 2031 NCD rated?

Shriram Finance 9.32% May 2031 NCD is rated AA by CRISIL. As of 2021-05-31.

Is Shriram Finance 9.32% May 2031 NCD secured?

Shriram Finance 9.32% May 2031 NCD is a secured bond.

Where does Shriram Finance 9.32% May 2031 NCD trade?

Shriram Finance 9.32% May 2031 NCD is listed on BSE.

More Bonds from This Issuer
R
Shriram Finance ZC Oct 2026 NCD
AA+
Coupon
Maturity
03 Oct 2026
8
Shriram Finance 8.75% Oct 2026 NCD
AA+
Coupon
8.75%
Maturity
05 Oct 2026
8
Shriram Finance 8.75% Oct 2026 NCD
Coupon
8.75%
Maturity
05 Oct 2026
S
Shriram Finance ZC Nov 2026 NCD
AA+
Coupon
Maturity
23 Nov 2026
Compare (/) Compare Bonds

← Back to screener