Company Profile

SHRIRAM CITY UNION FINANCE LTD.

NSE : SHRIRAMCITBSE : 532498ISIN CODE : INE722A01011Industry : Finance - NBFCHouse : Shriram Transport
BSE949.0033.1 (+3.61 % )
PREV CLOSE (Rs.) 915.90
OPEN PRICE (Rs.) 935.65
BID PRICE (QTY) 950.05 (2 )
OFFER PRICE (QTY) 951.10 (5 )
VOLUME 220
TODAY'S LOW / HIGH (Rs.)927.00 953.15
52 WK LOW / HIGH (Rs.)617 1571.65
NSE950.00 27.4 (+2.97 % )
PREV CLOSE(Rs.) 922.60
OPEN PRICE (Rs.) 945.00
BID PRICE (QTY) 950.00 (2630 )
OFFER PRICE (QTY) 951.15 (5 )
VOLUME 8182
TODAY'S LOW / HIGH(Rs.) 924.65 953.45
52 WK LOW / HIGH (Rs.)625 1569.95

Company News

Date Heading Details
23-Sep-2020 Shriram City Union Finance zooms on offering highest interest rate on fixed deposits in market <p align="justify">Shriram City Union Finance is currently trading at Rs. 906.05, up by 19.95 points or 2.25% from its previous closing of Rs. 886.10 on the BSE.<br></p><p align="justify">The scrip opened at Rs. 912.70 and has touched a high and low of Rs. 925.15 and Rs. 887.05 respectively. So far 461 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. 1571.65 on 03-Jan-2020 and a 52 week low of Rs. 617.00 on 29-May-2020.<br></p><p align="justify">Last one week high and low of the scrip stood at Rs. 996.25 and Rs. 830.85 respectively. The current market cap of the company is Rs. 5989.77 crore.<br></p><p align="justify">The promoters holding in the company stood at 33.92%, while Institutions and Non-Institutions held 32.44% and 33.64% respectively.</p><p align="justify">Shriram City Union Finance has provided up to 8.80% p.a. on its Fixed Deposit scheme New Delhi, Delhi, India (NewsVoir) Even as other banks and NBFCs have slashed interest rate on fixed deposits in the current challenging market scenario, Shriram City Union has launched a high yield cumulative fixed deposit (FD) scheme called ‘Shriram City Fixed Deposit (Cumulative &amp; Non-Cumulative Scheme)' with the tenure of up to five years that offers highest interest rate in the market much beyond the expectations of the investors.</p><p align="justify">Shriram City Cumulative Scheme offers 8.09% p.a. interest rate with an additional 0.40% p.a. interest to senior citizens which altogether results in an effective yield of 9.94% p.a. and 10.53% p.a. respectively. In Non-Cumulative scheme Shriram City offers up to 8.40% p.a. and additional 0.40% p.a. for Senior Citizens with monthly, quarterly, half-yearly or yearly interest pay-outs. The scheme is exclusively crafted in keeping with the financial needs of senior citizens.</p><p align="justify">Shriram City Union Finance is India's premier financial services company specializing in small-ticket retail finance.<br></p>
22-Sep-2020 Shriram City Union Finance offers highest interest rate on fixed deposits in market <p align="justify">Shriram City Union Finance has provided up to 8.80% p.a. on its Fixed Deposit scheme New Delhi, Delhi, India (NewsVoir) Even as other banks and NBFCs have slashed interest rate on fixed deposits in the current challenging market scenario, Shriram City Union has launched a high yield cumulative fixed deposit (FD) scheme called ‘Shriram City Fixed Deposit (Cumulative &amp; Non-Cumulative Scheme)' with the tenure of up to five years that offers highest interest rate in the market much beyond the expectations of the investors.<p align="justify">Shriram City Cumulative Scheme offers 8.09% p.a. interest rate with an additional 0.40% p.a. interest to senior citizens which altogether results in an effective yield of 9.94% p.a. and 10.53% p.a. respectively. In Non-Cumulative scheme Shriram City offers up to 8.40% p.a. and additional 0.40% p.a. for Senior Citizens with monthly, quarterly, half-yearly or yearly interest pay-outs. The scheme is exclusively crafted in keeping with the financial needs of senior citizens. <p align="justify">Shriram City Union Finance is India's premier financial services company specializing in small-ticket retail finance.</p>
08-Sep-2020 Shriram City Union Finance jumps on getting nod to raise Rs 150 crore via NCDs <p align="justify">Shriram City Union Finance is currently trading at Rs. 975.00, up by 32.80 points or 3.48% from its previous closing of Rs. 942.20 on the BSE.<p align="justify">The scrip opened at Rs. 942.00 and has touched a high and low of Rs. 1009.65 and Rs. 942.00 respectively. So far 2623 shares were traded on the counter.<p align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1571.65 on 03-Jan-2020 and a 52 week low of Rs. 617.00 on 29-May-2020.<p align="justify">Last one week high and low of the scrip stood at Rs. 1009.65 and Rs. 938.45 respectively. The current market cap of the company is Rs. 6448.49 crore.<p align="justify">The promoters holding in the company stood at 33.92%, while Institutions and Non-Institutions held 32.44% and 33.64% respectively.<p align="justify">Shriram City Union Finance has received an approval for the issuance of redeemable secured non-convertible debentures (NCDs) on private placement basis, of face value of Rs 10 lakh each up to 1,500 NCDs amounting to Rs 150 crore, in one or more tranches. The Banking and Securities Management Committee (Committee) of the company at its meeting held on September 4, 2020 has approved the same.<p align="justify">Shriram City Union Finance is India's premier financial services company specializing in small-ticket retail finance.</p>
05-Sep-2020 Shriram City Union Finance gets nod to raise Rs 150 crore via NCDs <P align=justify>Shriram City Union Finance has received an approval for the issuance of redeemable secured non-convertible debentures (NCDs) on private placement basis, of face value of Rs 10 lakh each up to 1,500 NCDs amounting to Rs 150 crore, in one or more tranches. The Banking and Securities Management Committee (Committee) of the company at its meeting held on September 4, 2020 has approved the same. <P align=justify>Shriram City Union Finance is India's premier financial services company specializing in small-ticket retail finance.<BR>
04-Sep-2020 Shriram City Union Finance informs about outcome of committee meeting <p align="justify">Shriram City Union Finance has informed that the Banking and Securities Management Committee (Committee) of the Company has at its meeting held today Friday, September 4, 2020 among other items have approved the issue of Redeemable Secured Non-Convertible Debentures (SNCDs) on private placement basis, of face value of Rs 1,000,000 each up to 1500 SNCDs amounting to Rs 150 crores in one or more tranches as fully paid-up (Issue). This is intimation under Regulation 30 and other applicable regulations of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time. The meeting of the Committee commenced at 10.30 hrs and concluded at 11.30 hrs.</p><p align="justify">The above information is a part of company's filings submitted to BSE.</p><p align="justify">&nbsp;</p>
15-Jul-2020 Shriram City Union Finance gets nod to raise Rs 50 crore via NCDs <p align="justify">Shriram City Union Finance has received an approval for issuance of Redeemable Secured Non-Convertible Debentures (NCDs) on private placement basis, of face value of Rs 10,00,000 each up to 500 NCDs amounting to Rs 50 crore in one or&nbsp;more tranches as fully paid-up. The Banking and Securities Management Committee of the company at its meeting held on July 14, 2020 has approved the same.</p><p align="justify">Shriram City Union Finance is India's premier financial services company specializing in small-ticket retail finance.<br></p>
15-Jul-2020 Shriram City Union Finance rises on getting nod to raise Rs 50 crore via NCDs <div><span>Shriram City Union Finance is currently trading at Rs. 677.10, up by 8.30 points or 1.24% from its previous closing of Rs. 668.80 on the BSE.</span></div><div><font face="sans-serif"><span><br></span></font></div><div><font face="sans-serif"><span>The scrip opened at Rs. 670.10 and has touched a high and low of Rs. 681.95 and Rs. 670.10 respectively. So far 1157 shares were traded on the counter.</span></font></div><div><font face="sans-serif"><span><br></span></font></div><div><font face="sans-serif"><span>The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1571.65 on 03-Jan-2020 and a 52 week low of Rs. 617.00 on 29-May-2020.</span></font></div><div><font face="sans-serif"><span><br></span></font></div><div><font face="sans-serif"><span>Last one week high and low of the scrip stood at Rs. 725.00 and Rs. 664.65 respectively. The current market cap of the company is Rs. 4469.06 crore.</span></font></div><div><font face="sans-serif"><span><br></span></font></div><div><font face="sans-serif"><span>The promoters holding in the company stood at 33.92%, while Institutions and Non-Institutions held 33.32% and 32.76% respectively.</span></font></div><div><font face="sans-serif"><span><br></span></font></div><div><font face="sans-serif"><span>Shriram City Union Finance has received an approval for issuance of Redeemable Secured Non-Convertible Debentures (NCDs) on private placement basis, of face value of Rs 10,00,000 each up to 500 NCDs amounting to Rs 50 crore in one or more tranches as fully paid-up. The Banking and Securities Management Committee of the company at its meeting held on July 14, 2020 has approved the same.</span></font></div><div><font face="sans-serif"><span><br></span></font></div><div><font face="sans-serif"><span>Shriram City Union Finance is India's premier financial services company specializing in small-ticket retail finance.</span></font></div><div><br></div>
31-Mar-2020 Shriram City Union Finance informs about interest payment of NCDs <P align=justify>Shriram City Union Finance has informed that the payment of interest due on March 30, 2020 on Public Issue of Redeemable SNCDs with ISIN Number INE722A07919 and INE722A07943 were made on due date on March 30, 2020 details of the same as enclosed. The amounts were credited to the respective NCD holder's Bank account. This is an intimation under Regulation 12 and 57(1) and other applicable regulations of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time.<P align=justify>The above information is a part of company's filings submitted to BSE.<P><BR>
12-Mar-2020 Shriram City Union informs about analyst meet <P align=justify>Shriram City Union Finance has informed that it has scheduled analyst meet on March 12, 2020 at Mumbai with Axis Capital.&nbsp;<BR><P align=justify>The above information is a part of company's filings submitted to BSE.<BR>
04-Mar-2020 Shriram City Union Finance inches up on getting nod to raise Rs 600 crore via NCDs <p align="justify">Shriram City Union Finance is currently trading at Rs. 1432.10, up by 8.15 points or 0.57% from its previous closing of Rs. 1423.95 on the BSE.<p align="justify">The scrip opened at Rs. 1432.10 and has touched a high and low of Rs. 1432.10 and Rs. 1432.10 respectively. <p align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1900.00 on 29-Mar-2019 and a 52 week low of Rs. 1221.55 on 20-Aug-2019.<p align="justify">Last one week high and low of the scrip stood at Rs. 1440.00 and Rs. 1381.05 respectively. The current market cap of the company is Rs. 9452.28 crore.<p align="justify">The promoters holding in the company stood at 33.92%, while Institutions and Non-Institutions held 33.33% and 32.75% respectively.<p align="justify">Shriram City Union Finance has received approval for issue of Redeemable Rated Listed Secured Non-Convertible Debentures (NCDs) on private placement basis, of face value of Rs 1,00,000 each for an amount of Rs 75 crore (Base Issue size) with green shoe option up to Rs 525 crore aggregating up to 60,000 NCDs amounting to Rs 600 crore in one or more tranches as fully paid-up (issue). The Banking and Securities Management Committee of the company at its meeting held on March 02, 2020 has approved the same.<p align="justify">Shriram City Union Finance is India's premier financial services company specializing in small-ticket retail finance.<p align="justify">&nbsp;</p>