S
AA+ Secured NCD

Shriram Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2032

Current YTM
7.53%
Market YTM
Coupon Rate
8.55%
Per annum
Maturity Date
08 Sep 2032
6.0 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual)
7.53%
Live, last traded 2026-07-28
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+117 bps
vs 6.0Y G-Sec at 6.36%
Below the median spread for similar-tenor peers
Tenure
6.0 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-21 2026-07-28
Cashflow Timeline
8 Sep 2026
Interest Payment
₹85,500.00 / Bond
8 Sep 2027
Interest Payment
₹85,500.00 / Bond
8 Sep 2028
Interest Payment
₹85,500.00 / Bond
8 Sep 2029
Interest Payment
₹85,500.00 / Bond
8 Sep 2030
Interest Payment
₹85,500.00 / Bond
8 Sep 2031
Interest Payment
₹85,500.00 / Bond
8 Sep 2032
Principal Payment
₹1,000,000.00 / Bond

Next 6 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 2022-09-08 Matures 2032-09-08

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

Key Metrics
Coupon Rate
8.55%
YTM (Annual)
7.53%
Credit Rating
AA+
(INDIA_RATINGS)
Remaining Tenure
6.0 Years
Advanced metrics
Modified Duration
4.29 Yrs
Macaulay Duration
4.61 Yrs
Issue Size
₹197 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
4.29 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-28
BSE
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 1.45 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
2022-09-08
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Shriram Finance Limited, 8.55% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES STFCL PPD-III SEPT 2022-23 OPTION 2. DATE OF MATURITY 08/09/2032. is a secured, rated, ncd paying a 8.55% p.a. coupon annual. The instrument repays principal on maturity.

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
2026-07-28 104.6400 7.5300 2
2026-07-27 101.9376 8.1209 None
2026-07-21 101.8955 8.1297 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2022-07-11
Rating Actions History 2 2026-08-06
Secondary-Market Trades 3 BSE 2026-07-28
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 8.55% Sep 2032 NCD?

Shriram Finance 8.55% Sep 2032 NCD carries a coupon of 8.55%, paid annual, on a face value of ₹1,000,000.

When does Shriram Finance 8.55% Sep 2032 NCD mature?

Shriram Finance 8.55% Sep 2032 NCD matures on 2032-09-08, 6.0 years from today.

What is Shriram Finance 8.55% Sep 2032 NCD rated?

Shriram Finance 8.55% Sep 2032 NCD is rated AA+ by INDIA_RATINGS. As of 2022-07-11.

Is Shriram Finance 8.55% Sep 2032 NCD secured?

Shriram Finance 8.55% Sep 2032 NCD is a secured bond.

What yield does Shriram Finance 8.55% Sep 2032 NCD currently offer?

The last recorded trade on 2026-07-28 priced Shriram Finance 8.55% Sep 2032 NCD at ₹104.64, implying a yield to maturity of 7.53%.

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Maturity
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