S
AA+ Secured NCD

Shriram Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2027

Current YTM
7.75%
Market YTM
Coupon Rate
9.23%
Per annum
Maturity Date
18 May 2027
0.7 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.75%
Live, last traded 2026-07-31
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+193 bps
vs 0.7Y G-Sec at 5.82%
Below the median spread for similar-tenor peers
Tenure
0.7 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
19 Dec 2026
Interest Payment
₹9,233.00 / Bond
18 May 2027
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 2023-12-19 Matures 2027-05-18

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

Key Metrics
Coupon Rate
9.23%
YTM (Annual)
7.75%
Credit Rating
AA+
(CRISIL)
Remaining Tenure
0.7 Years
Advanced metrics
Modified Duration
0.67 Yrs
Macaulay Duration
0.72 Yrs
Issue Size
₹1,378 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
0.67 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-31
BSE
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.77 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2023-12-19
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Shriram Finance Limited issued this secured, rated, ncd (9.233% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES PPD XVI 23-24 OPTION 2 TRANCHE 5 DATE OF MATURITY 18/05/2027) carrying a 9.23% 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
2026-07-31 101.1000 7.7500 1
2026-07-30 100.9500 7.9500 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2023-11-27
Rating Actions History 2 2026-08-06
Secondary-Market Trades 2 BSE 2026-07-31
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 9.23% May 2027 NCD?

Shriram Finance 9.23% May 2027 NCD carries a coupon of 9.23%, paid annual, on a face value of ₹100,000.

When does Shriram Finance 9.23% May 2027 NCD mature?

Shriram Finance 9.23% May 2027 NCD matures on 2027-05-18, 0.7 years from today.

What is Shriram Finance 9.23% May 2027 NCD rated?

Shriram Finance 9.23% May 2027 NCD is rated AA+ by CRISIL. As of 2023-11-27.

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 2026-07-31 priced Shriram Finance 9.23% May 2027 NCD at ₹101.10, implying a yield to maturity of 7.75%.

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
AA+
Coupon
8.75%
Maturity
05 Oct 2026
8
Shriram Finance 8.75% Oct 2026 NCD
Coupon
8.75%
Maturity
05 Oct 2026
S
Shriram Finance ZC Nov 2026 NCD
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Coupon
Maturity
23 Nov 2026
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