Company Profile

SHRIRAM TRANSPORT FINANCE COMPANY LTD.

NSE : SRTRANSFINBSE : 511218ISIN CODE : INE721A01013Industry : Finance - NBFCHouse : Shriram Transport
BSE1358.5033.1 (+2.5 % )
PREV CLOSE (Rs.) 1325.40
OPEN PRICE (Rs.) 1317.00
BID PRICE (QTY) 1358.30 (11 )
OFFER PRICE (QTY) 1359.20 (54 )
VOLUME 68761
TODAY'S LOW / HIGH (Rs.)1313.20 1379.00
52 WK LOW / HIGH (Rs.)514.54 1534.9
NSE1359.50 33.25 (+2.51 % )
PREV CLOSE(Rs.) 1326.25
OPEN PRICE (Rs.) 1315.00
BID PRICE (QTY) 1359.00 (26 )
OFFER PRICE (QTY) 1359.80 (110 )
VOLUME 2732498
TODAY'S LOW / HIGH(Rs.) 1311.50 1379.10
52 WK LOW / HIGH (Rs.)514.21 1534.95

Company News

Date Heading Details
22-Apr-2021 Allotment of Debentures Final Dividend & Audited Results Inter alia, to consider and approve : 1. Recommendation of final dividend, if any, for the financial year ended March 31, 2021. 2. Resource mobilisation plan for financial year 2021-22 including issuance of redeemable non-convertible debentures/subordinated debentures (NCDs) on private placement basis in tranches, bonds/notes in off-shore markets, External Commercial Borrowing (ECB) and other methods of borrowing for purpose of business of the Company. 3. Consider matters relating to the ensuing Annual General Meeting of the Company including renewal of authorization for raising capital through issuance of Equity Shares and/or other Eligible Securities aggregating to Rs.2,500 crores through various permissible modes including qualified institution placement (QIP), public issue, private placement, etc.
22-Apr-2021 Dividend Announcement Final Dividend & Audited Results Inter alia, to consider and approve : 1. Recommendation of final dividend, if any, for the financial year ended March 31, 2021. 2. Resource mobilisation plan for financial year 2021-22 including issuance of redeemable non-convertible debentures/subordinated debentures (NCDs) on private placement basis in tranches, bonds/notes in off-shore markets, External Commercial Borrowing (ECB) and other methods of borrowing for purpose of business of the Company. 3. Consider matters relating to the ensuing Annual General Meeting of the Company including renewal of authorization for raising capital through issuance of Equity Shares and/or other Eligible Securities aggregating to Rs.2,500 crores through various permissible modes including qualified institution placement (QIP), public issue, private placement, etc.
22-Apr-2021 QIP Announcement Final Dividend & Audited Results Inter alia, to consider and approve : 1. Recommendation of final dividend, if any, for the financial year ended March 31, 2021. 2. Resource mobilisation plan for financial year 2021-22 including issuance of redeemable non-convertible debentures/subordinated debentures (NCDs) on private placement basis in tranches, bonds/notes in off-shore markets, External Commercial Borrowing (ECB) and other methods of borrowing for purpose of business of the Company. 3. Consider matters relating to the ensuing Annual General Meeting of the Company including renewal of authorization for raising capital through issuance of Equity Shares and/or other Eligible Securities aggregating to Rs.2,500 crores through various permissible modes including qualified institution placement (QIP), public issue, private placement, etc.
31-Mar-2021 Shriram Transport Finance raises Rs 3200 crore via NCDs <p align="justify">Shriram Transport Finance Company has raised Rs 3200 crore by issuing bonds on private placement basis. The allotment committee of the company in its meeting held on March 30, 2021, has approved and allotted Senior, Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) on Private placement basis for an issue size of Rs 3200 crore. The Proceeds of the issue will be utilized for financing of commercial vehicles, refinancing of existing debt and other general purposes of the company. </p><p align="justify">Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC.<br></p>
31-Mar-2021 Shriram Transport Finance gains on raising Rs 3200 crore via NCDs <p align="justify">Shriram Transport Finance Company is currently trading at Rs. 1434.15, up by 13.65 points or 0.96% from its previous closing of Rs. 1420.50 on the BSE.</p><p align="justify">The scrip opened at Rs. 1438.00 and has touched a high and low of Rs. 1443.60 and Rs. 1416.65 respectively. So far 13069 shares were traded on the counter.</p><p align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1534.90 on 15-Feb-2021 and a 52 week low of Rs. 487.16 on 07-Apr-2020.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 1471.00 and Rs. 1352.10 respectively. The current market cap of the company is Rs. 36516.78 crore.</p><p align="justify">The promoters holding in the company stood at 26.48%, while Institutions and Non-Institutions held 67.16% and 6.36% respectively.</p><p align="justify">Shriram Transport Finance Company has raised Rs 3200 crore by issuing bonds on private placement basis. The allotment committee of the company in its meeting held on March 30, 2021, has approved and allotted Senior, Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) on Private placement basis for an issue size of Rs 3200 crore. The Proceeds of the issue will be utilized for financing of commercial vehicles, refinancing of existing debt and other general purposes of the company. </p><p align="justify">Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC.<br></p>
30-Mar-2021 Shriram Transport Finance planning to raise funds <p align="justify">Shriram Transport Finance Company (STFC) is planning to raise funds by way of issue of redeemable non-convertible debt securities in onshore/offshore market by private placement basis and/or public issue subject to market conditions. In this regard, the meeting(s) of the concerned committees viz. the Banking and Finance Committee, Debt Issuance Committee, Bond Issuance Committee, Allotment Committee- NCDs will be held to consider and approve the issue and allotment of redeemable non-convertible debt securities during the month ending April 30, 2021.</p><p align="justify">Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC. <br></p>
30-Mar-2021 Shriram Transport Finance trades higher on planning to raise funds <p align="justify">Shriram Transport Finance Company is currently trading at Rs. 1436.40, up by 8.00 points or 0.56% from its previous closing of Rs. 1428.40 on the BSE.<br></p><p align="justify">The scrip opened at Rs. 1432.00 and has touched a high and low of Rs. 1441.85 and Rs. 1417.25 respectively. So far 38982 shares were traded on the counter.<br></p><p align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1534.90 on 15-Feb-2021 and a 52 week low of Rs. 487.00 on 07-Apr-2020.<br></p><p align="justify">Last one week high and low of the scrip stood at Rs. 1471.00 and Rs. 1349.10 respectively. The current market cap of the company is Rs. 36237.14 crore.<br></p><p align="justify">The promoters holding in the company stood at 26.48%, while Institutions and Non-Institutions held 67.16% and 6.36% respectively.<br></p><p align="justify">Shriram Transport Finance Company (STFC) is planning to raise funds by way of issue of redeemable non-convertible debt securities in onshore/offshore market by private placement basis and/or public issue subject to market conditions. In this regard, the meeting(s) of the concerned committees viz. the Banking and Finance Committee, Debt Issuance Committee, Bond Issuance Committee, Allotment Committee- NCDs will be held to consider and approve the issue and allotment of redeemable non-convertible debt securities during the month ending April 30, 2021.</p><p align="justify">Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC.<br></p>
30-Mar-2021 Announcement under Regulation 30 (LODR)-Allotment In furtherance to our letter dated January 28, 2021 regarding outcome of Board Meeting and intimation of Committee Meetings dated February 24, 2021 for raising Funds in the month of March 31, 2021 through issue of debt securities, we write to inform you that the Allotment Committee - NCDs of the Company in its meeting held today, approved and allotted senior secured rated, listed, redeemable, Non-convertible debentures (NCD) of face value of Rs.10,00,000/- (Rupees Ten Lakh only) each on private placement basis as per the details given in Annexure A.
30-Mar-2021 Intimation In Connection With Pricing Of Senior Secured Notes (Social Bonds) To Be Issued Under USD 3,000,000,000 Global Medium Term Note Programme Further to our letters dated January 28, 2021 and February 24, 2021, we wish to inform you that the Banking and Finance Committee in today's meeting approved issuance of U.S.$ 225,000,000 Senior Secured Notes to be consolidated and form a single series with the U.S.$500,000,000 4.40 per cent. Notes due 2024 issued on January 13, 2021 (Social Bonds) under the U.S.$3,000,000,000 Global Medium Term Note Programme (GMTN Programme) updated on December 24, 2020. The Company has priced USD 225,000,000 Social Bonds as per the details contained in Annexure-I. The Company shall make necessary intimation upon issuance and allotment of the Social Bonds. The meeting commenced at 11.00 p.m. and concluded at 11.30 p.m.
30-Mar-2021 Intimation Of Committee Meetings For Raising Funds In furtherance to our letter dated January 28, 2021, we hereby inform you that pursuant to regulation 29(2), regulation 50(3) and any other applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations 2015, the Company will consider raising of funds by way of issue of redeemable non-convertible debt securities in onshore/offshore market by private placement basis and/or public issue subject to market conditions and in this regard, the meeting(s) of the concerned committees viz. the Banking and Finance Committee, Debt Issuance Committee, Bond Issuance Committee, Allotment Committee- NCDs will be held to consider and approve the issue and allotment of redeemable non-convertible debt securities during the month ending April 30, 2021 as per their respective terms of reference, subject to such terms and conditions including the issue price of debt securities, as the said committees may deem fit. Thanking you,