S
AA+ Secured NCD

Shriram Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2029

Current YTM
5.65%
Market YTM
Coupon Rate
9.70%
Per annum
Maturity Date
06 Feb 2029
2.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual)
5.65%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
-71 bps
vs 2.4Y G-Sec at 6.37%
Below the median spread for similar-tenor peers
Tenure
2.4 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-16 2026-08-27
Cashflow Timeline
6 Feb 2027
Interest Payment
₹97.00 / Bond
6 Feb 2028
Interest Payment
₹97.00 / Bond
6 Feb 2029
Principal Payment
₹1,000.00 / Bond

Next 2 coupons + principal at maturity · per ₹1,000 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 2019-02-06 Matures 2029-02-06

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

Key Metrics
Coupon Rate
9.70%
YTM (Annual)
5.65%
Credit Rating
AA+
(CRISIL)
Remaining Tenure
2.4 Years
Advanced metrics
Modified Duration
2.07 Yrs
Macaulay Duration
2.19 Yrs
Issue Size
₹34 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
2.07 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-27
NSE CM
Trades (30 Days)
9
Exchange-reported sessions
Security Status
Secured
Callable
Observations
  • This bond is secured.
  • 9 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.30 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2019-02-06
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

Issued by Shriram Finance Limited, 9.70% SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTUTRES. SERIES V. CATEGORY I, II, III, IV DATE OF MATURITY 06/02/2029 is a secured, rated, ncd paying a 9.70% p.a. coupon annual. The instrument repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Rating Action History 2 actions
DateAgencyActionRatingOutlookRationale
2026-08-06 CRISIL Upgrade AAA View →
2026-06-16 CRISIL Other AA View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 109.1000 5.6544 None
2026-08-19 108.2000 6.0648 609
2026-08-17 108.4000 5.9883 None
2026-08-13 108.0000 6.1712 None
2026-08-11 107.5200 6.3802 None
2026-07-29 107.5000 6.4269 None
2026-07-27 107.0600 6.6164 None
2026-07-20 109.8990 5.4770 None
2026-07-17 107.8820 6.3058 None
2026-07-16 108.3750 6.1076 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, INDIA_RATINGS 2026-06-28
Rating Actions History 2 2026-08-06
Secondary-Market Trades 10 NSE CM 2026-08-27
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 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 9.70% Feb 2029 NCD?

Shriram Finance 9.70% Feb 2029 NCD carries a coupon of 9.70%, paid annual, on a face value of ₹1,000.

When does Shriram Finance 9.70% Feb 2029 NCD mature?

Shriram Finance 9.70% Feb 2029 NCD matures on 2029-02-06, 2.4 years from today.

What is Shriram Finance 9.70% Feb 2029 NCD rated?

Shriram Finance 9.70% Feb 2029 NCD is rated AA+ by CRISIL and AA+ by INDIA_RATINGS. As of 2026-06-28.

Is Shriram Finance 9.70% Feb 2029 NCD secured?

Shriram Finance 9.70% Feb 2029 NCD is a secured bond.

Can Shriram Finance 9.70% Feb 2029 NCD be called or put back early?

Shriram Finance 9.70% Feb 2029 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

What yield does Shriram Finance 9.70% Feb 2029 NCD currently offer?

The last recorded trade on 2026-08-27 priced Shriram Finance 9.70% Feb 2029 NCD at ₹109.10, implying a yield to maturity of 5.65%.

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