Shriram Transport NCD – 2013 Oct issue 11.75%
RRK Advisory recommends subscribing to this issue under 3 years holding option.
A public issue of NCDs for Rs.500 Crores
Very attractive interest rates :
- 11.75% for 7 years,
- 11.50% for 5 years
- 11.25% for 3 years.
Interest payment – Annual & Cumulative.
For demat holding, there is no TDS deducted.
“CARE AA+” rating by CARE & “CRISIL AA/Stable” rating by CRISIL.
Will be listed in NSE & BSE. Offers easy liquidity through exchange.
Issue opens on 07/10/2013. Allotment is on “First Come First Serve” basis.