Home > Investments > NCD – SHRIRAM CITY UNION FINANCE LIMITED

NCD – SHRIRAM CITY UNION FINANCE LIMITED

August 4, 2011

Please find below the details of “SHRIRAM CITY UNION FINANCE LIMITED” NCD Issue. Branches will get the forms on Friday or Saturday.

Issue Opens On : August 11, 2011

Issue Closes on : August 27, 2011

INVESTMENT DETAILS
Options I II
Frequency of Interest Payment Annual Annual
Face Value & Issue Price (Rs. / NCD) (A) Rs. 1000 Rs. 1000
Minimum Application 10,000/- (10 NCDs) (for all options of NCDs, namely Options I and Option II either taken individually or collectively)
In Multiples of Rs. 1,000 (1 NCD) 1,000 (1 NCD)
Credit Rating – CARE ‘CARE AA’ for an amount of upto Rs. 75,000 Lacs
Credit Rating – CRISIL ‘CRISIL AA-/Stable’ for an amount of upto Rs.75,000 Lacs
Coupon (%) per annum
NCD Holders in Category I and Category II 11.60% 11.50%
Individual/HUFs with application up to Rs. 5 Lakh 12.10% 11.85%
Individual/HUFs with application above Rs. 5 Lakh 11.85% 11.60%
Effective Yield (%) (per annum)
NCD Holders in Category I and Category II 11.60% 11.50%
Individual/HUFs with application up to Rs. 5 Lakh 12.10% 11.85%
Individual/HUFs with application above Rs. 5 Lakh 11.85% 11.60%
Put and call option Exercisable at the end of 48 months from the Deemed Date of Allotment Nil
Tenor 60 months* 36 months
Redemption Date 60 months from the Deemed Date of Allotment* 36 months from the Deemed Date of Allotment.
Redemption Amount (`/NCD) Repayment of the Face Value plus any interest that may have accrued at the Redemption Date, or at the date of early redemption if any Put Option or Call Option is exercised, as the case may be* Repayment of the Face Value plus any interest that may have accrued at the Redemption Date.
* Subject to the exercise of the put and/or call option
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