S
AA Unsecured NCD

Shriram Finance Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2037

Current YTM
No live YTM available
Coupon Rate
8.60%
Per annum
Maturity Date
30 Sep 2037
11.1 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual) EST
~8.60%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+189 bps
vs 11.1Y G-Sec at 6.71% *
Above the median spread for similar-tenor peers
Tenure
11.1 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
30 Sep 2026
Interest Payment
₹86,000.00 / Bond
30 Sep 2027
Interest Payment
₹86,000.00 / Bond
30 Sep 2028
Interest Payment
₹86,000.00 / Bond
30 Sep 2029
Interest Payment
₹86,000.00 / Bond
30 Sep 2030
Interest Payment
₹86,000.00 / Bond
30 Sep 2031
Interest Payment
₹86,000.00 / Bond
30 Sep 2032
Interest Payment
₹86,000.00 / Bond
30 Sep 2033
Interest Payment
₹86,000.00 / Bond
30 Sep 2037
Principal Payment
₹1,000,000.00 / Bond

Next 8 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 2022-09-30 Matures 2037-09-30

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

Key Metrics
Coupon Rate
8.60%
YTM (Annual)
Credit Rating
AA
(CARE)
Remaining Tenure
11.1 Years
Advanced metrics
Modified Duration
6.47 Yrs
Macaulay Duration
7.02 Yrs
Issue Size
₹35 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
6.47 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 1.40 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2022-09-30
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Shriram Finance Limited issued this rated, ncd (SHFL-8.6%-30-9-37-PVT) carrying a 8.60% p.a. coupon, paid annual. It 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 CARE 2022-10-31
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 8.60% Sep 2037 NCD?

Shriram Finance 8.60% Sep 2037 NCD carries a coupon of 8.60%, paid annual, on a face value of ₹1,000,000.

When does Shriram Finance 8.60% Sep 2037 NCD mature?

Shriram Finance 8.60% Sep 2037 NCD matures on 2037-09-30, 11.1 years from today.

What is Shriram Finance 8.60% Sep 2037 NCD rated?

Shriram Finance 8.60% Sep 2037 NCD is rated AA by CARE. As of 2022-10-31.

Is Shriram Finance 8.60% Sep 2037 NCD secured?

Shriram Finance 8.60% Sep 2037 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Shriram Finance 8.60% Sep 2037 NCD trade?

Shriram Finance 8.60% Sep 2037 NCD is listed on BSE.

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