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UPCOMING ISSUES

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UPCOMING ISSUE: 

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Amount

(Allotment in Demat mode; ASBA Mandatory)

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SHRIRAM TRANSPORT FINANCE COMPANY LIMITED

Public Issue of Secured Redeemable Non-Convertible Debenture

Issuer

Shriram Transport Finance Company Limited

Nature of the instrument

Secured Redeemable Non-Convertible Debenture Public issue

Issue Open / Close Date

Issue Starts  – 15th October, 2018

Issue Closes – 29th October, 2018

Lead Managers

A.K. Capital Services Limited, Axis Bank Limited, Edelweiss Financial Services Limited, JM Financial Limited and Trust Investment Advisors Private Limited

Debenture Trustee

Catalyst Trusteeship Limited

Registrar to the Issue/ Registrar Issue

Integrated Registry Management Services Private Limited

Issue

Public Issue of secured, redeemable non-convertible debentures of face value of Rs. 1,000 each, for an amount of Rs. 300 Crore (“Base Issue Size”) with an option to retain oversubscription up to Rs. 1050 Crore aggregating up to Tranche II Issue Limit of Rs. 1350 Crore and is being offered by way of the Tranche II Prospectus which should be read together with the Shelf Prospectus dated June 22, 2018 (“Shelf Prospectus”) in accordance with the terms and conditions set out in the Tranche II Prospectus and the Shelf Prospectus. The Shelf Prospectus together with the Tranche II Prospectus shall constitute the (“Prospectus”).

Series

I

II

III

IV

V

VI

VII

Tenor

5 Yrs

10 Yrs

3 Yrs

5 Yrs

10 Yrs

3 Yrs

5 Yrs

Mode of Instrument

Monthly

Monthly

Annual

Annual

Annual

Cumulative

Cumulative

Category – I, II, III & IV

9.12%

9.30%

9.40%

9.50%

9.70%

NA

NA

Effective Yield Category I, II, III & IV

9.50%

9.70%

9.39%

9.49%

9.69%

9.40%

9.50%

Allocatio Ratio

QIB:10%, Corporate: 10%, HNI: 10% ,  Retail Individual Investor:40% of the overall issue size

Mode

ASBA Mandatory

Option to retain Oversubscription Amount

Rs.1350crores

Base Issue

Rs. 300 crores

Minimum Subscription

Rs. 225 crores

Issue Price

Rs. 1000 per NCD

Face Value

Rs. 1000 per NCD

Minimum Application size and in multiples of NCO thereafter

Rs. 10,000 (10 NCDs) across all Series collectively

Credit Ratings

CRISIL AA+/Stable/IND AA+/Stable

Listing

The NCDs are proposed to be listed on NSE & BSE. NCDs shall be listed within 12 Working Days from the date of Issue Closure.

Issuance and Trading

In dematerialised form only