S
AA+ Secured NCD

Shriram Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2029

Current YTM
8.05%
Market YTM
Coupon Rate
9.15%
Per annum
Maturity Date
28 Jun 2029
2.8 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.05%
Live, last traded 2026-08-21
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+192 bps
vs 2.8Y G-Sec at 6.13%
Below the median spread for similar-tenor peers
Tenure
2.8 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 Jun 2027
Interest Payment
₹9,150.00 / Bond
28 Jun 2028
Interest Payment
₹9,150.00 / Bond
28 Jun 2029
Principal Payment
₹100,000.00 / Bond

Next 2 coupons + 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 2024-06-28 Matures 2029-06-28

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

Key Metrics
Coupon Rate
9.15%
YTM (Annual)
8.05%
Credit Rating
AA+
(CRISIL)
Remaining Tenure
2.8 Years
Advanced metrics
Modified Duration
2.40 Yrs
Macaulay Duration
2.59 Yrs
Issue Size
₹3,595 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
2.40 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-21
BSE
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 0.85 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
2024-06-28
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Puttable

9.15% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES PPD XXIV 24-25 TRANCHE 8 OPTION 1 DATE OF MATURITY 28/06/2029 is a secured, rated, redeemable ncd issued by Shriram Finance Limited. The bond offers a fixed coupon of 9.15% p.a. with annual interest payments and 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
2026-08-21 102.6300 8.0500 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2024-06-14
Rating Actions History 2 2026-08-06
Secondary-Market Trades 1 BSE 2026-08-21
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 9.15% Jun 2029 NCD?

Shriram Finance 9.15% Jun 2029 NCD carries a coupon of 9.15%, paid annual, on a face value of ₹100,000.

When does Shriram Finance 9.15% Jun 2029 NCD mature?

Shriram Finance 9.15% Jun 2029 NCD matures on 2029-06-28, 2.8 years from today.

What is Shriram Finance 9.15% Jun 2029 NCD rated?

Shriram Finance 9.15% Jun 2029 NCD is rated AA+ by CRISIL. As of 2024-06-14.

Is Shriram Finance 9.15% Jun 2029 NCD secured?

Shriram Finance 9.15% Jun 2029 NCD is a secured bond.

Can Shriram Finance 9.15% Jun 2029 NCD be called or put back early?

Shriram Finance 9.15% Jun 2029 NCD is puttable -- holders may require the issuer to repurchase it on scheduled put dates.

What yield does Shriram Finance 9.15% Jun 2029 NCD currently offer?

The last recorded trade on 2026-08-21 priced Shriram Finance 9.15% Jun 2029 NCD at ₹102.63, implying a yield to maturity of 8.05%.

More Bonds from This Issuer
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Shriram Finance ZC Oct 2026 NCD
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Coupon
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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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Shriram Finance ZC Nov 2026 NCD
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Coupon
Maturity
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