S
AA+ Secured NCD

Shriram Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
7.82%
Market YTM
Coupon Rate
8.75%
Per annum
Maturity Date
28 Apr 2028
1.7 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.82%
Live, last traded 2026-07-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+240 bps
vs 1.7Y G-Sec at 5.43%
Below the median spread for similar-tenor peers
Tenure
1.7 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
28 Apr 2027
Interest Payment
₹8,750.00 / Bond
28 Apr 2028
Principal Payment
₹100,000.00 / Bond

Next 1 coupon + principal at maturity · per ₹100,000 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 2023-04-28 Matures 2028-04-28

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

Key Metrics
Coupon Rate
8.75%
YTM (Annual)
7.82%
Credit Rating
AA+
(CRISIL)
Remaining Tenure
1.7 Years
Advanced metrics
Modified Duration
1.47 Yrs
Macaulay Duration
1.58 Yrs
Issue Size
₹250 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.47 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-27
NSE OTC (WAP)
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 1.25 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
2023-04-28
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Shriram Finance Limited issued this secured, rated, ncd (8.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES STFCL PPD VIII 2023-24 OPTION 1 TRANCHE 6 DATE OF MATURITY 28/04/2028) carrying a 8.75% 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 →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-27 101.4038 7.8233 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2023-04-11
Rating Actions History 2 2026-08-06
Secondary-Market Trades 1 NSE OTC (WAP) 2026-07-27
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 8.75% Apr 2028 NCD?

Shriram Finance 8.75% Apr 2028 NCD carries a coupon of 8.75%, paid annual, on a face value of ₹100,000.

When does Shriram Finance 8.75% Apr 2028 NCD mature?

Shriram Finance 8.75% Apr 2028 NCD matures on 2028-04-28, 1.7 years from today.

What is Shriram Finance 8.75% Apr 2028 NCD rated?

Shriram Finance 8.75% Apr 2028 NCD is rated AA+ by CRISIL. As of 2023-04-11.

Is Shriram Finance 8.75% Apr 2028 NCD secured?

Shriram Finance 8.75% Apr 2028 NCD is a secured bond.

What yield does Shriram Finance 8.75% Apr 2028 NCD currently offer?

The last recorded trade on 2026-07-27 priced Shriram Finance 8.75% Apr 2028 NCD at ₹101.40, implying a yield to maturity of 7.82%.

More Bonds from This Issuer
R
Shriram Finance ZC Oct 2026 NCD
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Coupon
Maturity
03 Oct 2026
8
Shriram Finance 8.75% Oct 2026 NCD
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Coupon
8.75%
Maturity
05 Oct 2026
8
Shriram Finance 8.75% Oct 2026 NCD
Coupon
8.75%
Maturity
05 Oct 2026
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Shriram Finance ZC Nov 2026 NCD
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Coupon
Maturity
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