Shriram City Union Finance NCD April 2014 – Details & Review
Shriram City Union Finance has opened its public issue of NCDs on 16th April 2014 and it closes on 16-May-2014 ( Closed early on 21-April-2014)
Type of Instruments – Secured Redeemable NCDs
Size of Issue - Rs 200 crores
Listing – Proposed to be listed on BSE & NSE
Credit Rating - AA by CARE
Investment option – Annually / Cumulative Interest for 3 yrs, 4 yrs, 5 yrs
About Company
Shriram City Union Finance Limited (SCUF) is a part of the Chennai based Shriram group of companies and the sister concern of Shriram Transport Finance. They are entering the debt market second time.
SCUF is incorporated in 1986 and is registered with the Reserve Bank of India as a deposit-taking non-banking finance company (NBFC) with its presence in gold loans, small business finance loans, auto loans, two-...