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Shriram Finance 8.75% Jul 2031 NCD (INE722A07AX0)

ICRA AAA Secured NCD

Shriram Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2031

81 more bonds from Shriram Finance Limited →
Current YTM
—
No market YTM available
Coupon Rate
8.75%
Per annum
Maturity Date
23 Jul 2031
4.7 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,00,000
Per Bond

Issuer events

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

Market Position

YTM (Annual)
—
No trade with a usable price on record
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
4.7 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.

Showing last 10 trades.

Cashflow Timeline

23 Jul 2027
Interest Payment
₹87,500.00 / Bond
₹78,750.00 net of 10% TDS (est.)
23 Jul 2028
Interest Payment
₹87,500.00 / Bond
₹78,750.00 net of 10% TDS (est.)
23 Jul 2029
Interest Payment
₹87,500.00 / Bond
₹78,750.00 net of 10% TDS (est.)
23 Jul 2030
Interest Payment
₹87,500.00 / Bond
₹78,750.00 net of 10% TDS (est.)
23 Jul 2031
Final coupon + principal
₹10,87,500.00 / Bond
₹87,500.00 coupon + ₹10,00,000 face value

5 coupons remaining, the last paid with principal at maturity · per ₹10,00,000 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) ● Rating action ┊ Today
Today Reaffirmed: AAA by ICRA on 3 Sep 2026 Issued 23 Jul 2021 Matures 23 Jul 2031

1 rating action on file since issue — hover a dot for detail.

Key Metrics

Coupon Rate
8.75%
YTM (Annual)
—
Credit Rating
AAA
(ICRA) · rated 3 Sep 2026, 66 days ago
Remaining Tenure
4.7 Years

AAA (ICRA): Rated 3 Sep 2026 (66 days ago).

AA (CRISIL): Rated 31 Jul 2021 (5 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

With more than one agency, the rating shown at the top is the lowest of those dated within the last 15 months (or the newest, when none is). How we pick it →

Advanced metrics
Modified Duration
3.64 Yrs
Macaulay Duration
3.96 Yrs
Issue Size
₹100 Cr
Minimum Investment
₹10,00,000
1 bond × ₹10,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
3.64 Yrs
Price sensitivity per 1% yield move
Payment Frequency
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 1.45 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 7 Nov 2026
Instrument Type
NCD
Issue Date
23 Jul 2021
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Shriram Finance 8.75% Jul 2031 NCD is a secured, rated NCD issued by Shriram Finance Limited. It pays an 8.75% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

3 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

DateAgencyRatingOutlookStatusSource
3 Sep 2026 ICRA AAA — Latest NSE filing →
31 Jul 2021 CRISIL AA Stable Latest BSE listing
2021 ICRA AA — NSDL record, 2021 NSDL debt master

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
This bond
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 This bond 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.

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 3 CRISIL, ICRA 2026-09-03
Rating Actions History 1 — 2026-09-03
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 0 — —
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata
Source
BSE
Last Updated
7 Nov 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)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE722A07AX0
Issue Date
23 Jul 2021
Maturity Date
23 Jul 2031
Listing
BSE
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Secured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

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Frequently Asked Questions
What is the coupon rate on Shriram Finance 8.75% Jul 2031 NCD?

Shriram Finance 8.75% Jul 2031 NCD carries a coupon of 8.75%, paid annual, on a face value of ₹10,00,000.

When does Shriram Finance 8.75% Jul 2031 NCD mature?

Shriram Finance 8.75% Jul 2031 NCD matures on 23 Jul 2031, 4.7 years from today.

What is Shriram Finance 8.75% Jul 2031 NCD rated?

Shriram Finance 8.75% Jul 2031 NCD is rated AAA by ICRA (rating dated 3 Sep 2026) and AA by CRISIL (rating dated 31 Jul 2021).

Is Shriram Finance 8.75% Jul 2031 NCD secured?

Shriram Finance 8.75% Jul 2031 NCD is a secured bond.

Where does Shriram Finance 8.75% Jul 2031 NCD trade?

Shriram Finance 8.75% Jul 2031 NCD is listed on BSE.

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 2031

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 8.75%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE148I07YI2Sammaan Capital LimitedAA8.79%2030-12-09
INE338I07206Motilal Oswal Financial Services Limited—8.70%2031-09-16
INE053F09HE0Indian Railway Finance Corporation LimitedAAA8.83%2032-05-14
INE414G07KB6Muthoot Finance LimitedAA+ NSDL record, 20268.65%2031-06-12
INE723X07331Trust Investment Advisors Private Limited—8.90%2031-09-17
INE282H07125Jio Credit LimitedAAA8.59%2031-10-05

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