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Shriram Finance 9.23% May 2027 NCD (INE721A07RV0)

CRISIL AA+ · NSDL record, 2023 Secured NCD

Shriram Finance Limited

Secured, Taxable, Redeemable NCD

Browse: bonds maturing in 2027

81 more bonds from Shriram Finance Limited →
Current YTM
8.45%
Market YTM
Coupon Rate
9.23%
Per annum
Maturity Date
18 May 2027
0.5 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,000
Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.

Market Position

YTM (Annual)
8.45%
Last traded 5 Nov 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+153 bps
vs 0.5Y G-Sec at 6.92%
Below the median spread for similar-tenor peers
Tenure
0.5 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
30 Jul 20265 Nov 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

19 Dec 2026
Interest Payment
₹9,233.00 / Bond
₹8,309.70 net of 10% TDS (est.)
18 May 2027
Final coupon (part period) + principal
₹1,03,794.38 / Bond
₹3,794.38 coupon + ₹1,00,000 face value

2 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 19 Dec 2023 Matures 18 May 2027

Key Metrics

Coupon Rate
9.23%
YTM (Annual)
8.45%
Credit Rating
AA+
Rating on NSDL record (CRISIL, 2023)
Not a current agency rating; see below
Remaining Tenure
0.5 Years

AA+ (CRISIL): Rating on NSDL record (CRISIL, 2023), dated 27 Nov 2023. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics
Modified Duration
0.48 Yrs
Macaulay Duration
0.52 Yrs
Issue Size
₹1,378 Cr
Face Value
₹1,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
0.48 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
5 Nov 2026
BSE
Trades (30 Days)
4
Exchange-reported sessions
Security Status
Secured
No call option

Observations

  • This bond is secured.
  • 4 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.97 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
19 Dec 2023
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

Shriram Finance Limited issued Shriram Finance 9.23% May 2027 NCD, a secured NCD. It pays a 9.23% p.a. coupon, annually. Principal is repaid at maturity.

Rating Action History

1 actions

Agency actions on Shriram Finance Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

DateAgencyActionRatingOutlookRationale
2026-09-03 ICRA Reaffirm AAA Stable NSE filing →
Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on Shriram Finance Limited

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

DateAgencyActionRatingRationale
2026-09-03 ICRA Reaffirm AAA / Stable NSE filing →
Alert me about Shriram Finance Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Recent Market Prices

Recent BSE trades for INE721A07RV0: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-11-05 100.4400 8.4500 2
2026-11-03 100.4900 8.3600 10
2026-10-29 100.3524 8.6300 —
2026-10-12 100.6503 8.1200 —
2026-09-29 101.0700 7.4700 2
2026-07-31 101.1000 7.7500 1
2026-07-30 100.9500 7.9500 1

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL (NSDL record) 2023-11-27
Rating Actions History 1 — 2026-09-03
Secondary-Market Trades 7 BSE 2026-11-05
Reg52(4) Payment Disclosures 0 — —
  • No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.

Documents

Entity metadata
Source
NSDL debt master
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.

Current Price (Clean)
₹1,00,440.00
YTM8.45%
Trade Date 5 Nov 2026 3d ago
SourceBSE
Accrued interest (est.)₹4,426.78
Dirty price (est.)₹1,04,866.78
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE721A07RV0
Issue Date
19 Dec 2023
Maturity Date
18 May 2027
Listing
—
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Secured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on Shriram Finance 9.23% May 2027 NCD?

Shriram Finance 9.23% May 2027 NCD carries a coupon of 9.23%, paid annual, on a face value of ₹1,00,000.

When does Shriram Finance 9.23% May 2027 NCD mature?

Shriram Finance 9.23% May 2027 NCD matures on 18 May 2027, 0.5 years from today.

What is Shriram Finance 9.23% May 2027 NCD rated?

No current rating from an agency or exchange is on file for Shriram Finance 9.23% May 2027 NCD. NSDL's debt master records a rating of AA+ by CRISIL, dated 27 Nov 2023, often from the time of issue, so it may be out of date.

Is Shriram Finance 9.23% May 2027 NCD secured?

Shriram Finance 9.23% May 2027 NCD is a secured bond.

What yield does Shriram Finance 9.23% May 2027 NCD currently offer?

The last recorded trade on 5 Nov 2026 priced Shriram Finance 9.23% May 2027 NCD at ₹1,00,440.00 per bond, implying a yield to maturity of 8.45%.

More Bonds from This Issuer

S
Shriram Finance Nov 2026 NCD
INE721A07RG1
AA+
Coupon
—
Maturity
23 Nov 2026
S
Shriram Finance 8.50% Dec 2026 NCD
INE721A08CW8
AA+ NSDL record, 2016
Coupon
8.50%
Maturity
01 Dec 2026
S
Shriram Finance 8.50% Dec 2026 NCD
INE721A08CX6
AA+ NSDL record, 2016
Coupon
8.50%
Maturity
29 Dec 2026
S
Shriram Finance 8.75% Jan 2027 NCD
INE721A07PK7
Coupon
8.75%
Maturity
28 Jan 2027
Compare (/) Compare Bonds

Comparable NCDs maturing near 2027

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 9.23%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE241O08208Edel Finance Company LimitedAA+ NSDL record, 20189.25%2028-01-04
INE348L07316MAS Financial Services LimitedAA-9.25%2027-05-16
INE124N07762SK Finance LimitedAA-9.25%2027-10-24
INE124N07747SK Finance LimitedAA-9.25%2028-01-02
INE752E07JN1Power Grid Corporation of India LimitedAAA9.25%2027-03-09
INE896L07AQ3Indostar Capital Finance LimitedAA9.25%2028-01-24

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