S
AA+ Secured NCD

Shriram Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
No live YTM available
Coupon Rate
8.90%
Per annum
Maturity Date
20 Jul 2028
1.9 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹55,556
Per Bond
Market Position
YTM (Annual) EST
~8.90%
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
+383 bps
vs 1.9Y G-Sec at 5.07% *
Above the median spread for similar-tenor peers
Tenure
1.9 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
20 Jan 2027
Interest Payment
₹2,472.22 / Bond
20 Jul 2027
Interest Payment
₹2,472.22 / Bond
20 Jan 2028
Interest Payment
₹2,472.22 / Bond
20 Jul 2028
Principal Payment
₹55,555.56 / Bond

Next 3 coupons + principal at maturity · per ₹55,556 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 2023-07-20 Matures 2028-07-20

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

Key Metrics
Coupon Rate
8.90%
YTM (Annual)
Credit Rating
AA+
(CRISIL)
Remaining Tenure
1.9 Years
Advanced metrics
Modified Duration
1.69 Yrs
Macaulay Duration
1.77 Yrs
Issue Size
₹815 Cr
Minimum Investment
₹55,556
(1 Bond)
Market Characteristics
Modified Duration
1.69 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi 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 1.10 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
2023-07-20
Day Count Convention
30/360
Listed Exchange
UNLISTED
Call / Put Option
None disclosed

Issued by Shriram Finance Limited, 8.90% SECURED RATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES STFCL PPD-XI 2023-24 DATE OF MATURITY 20/07/2028. is a secured, rated, ncd paying a 8.90% p.a. coupon semi 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 →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2023-06-20
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
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 8.90% Jul 2028 NCD?

Shriram Finance 8.90% Jul 2028 NCD carries a coupon of 8.90%, paid semi annual, on a face value of ₹55,556.

When does Shriram Finance 8.90% Jul 2028 NCD mature?

Shriram Finance 8.90% Jul 2028 NCD matures on 2028-07-20, 1.9 years from today.

What is Shriram Finance 8.90% Jul 2028 NCD rated?

Shriram Finance 8.90% Jul 2028 NCD is rated AA+ by CRISIL. As of 2023-06-20.

Is Shriram Finance 8.90% Jul 2028 NCD secured?

Shriram Finance 8.90% Jul 2028 NCD is a secured bond.

Where does Shriram Finance 8.90% Jul 2028 NCD trade?

Shriram Finance 8.90% Jul 2028 NCD is listed on UNLISTED.

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Coupon
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Maturity
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Shriram Finance 8.75% Oct 2026 NCD
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Maturity
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