Particulars / Shriram Transport Finance Company Limited - Secured Redeemable Non Convertible Debentures (NCDs)
Issue Size / Public issue of 50,00,000 Secured NCD of face value of Rs.1000 each for an amount aggregating up to Rs.50,000 lacs with an option to retain over subscription upto the self limit (i.e. Rs.3,00,000 lacs)
Issue Opening Date / 2nd July ‘2014
Issue Closing Date / 22nd July ‘2014
Rating / “CRISIL AA/Stable” by CRISIL , “CARE AA+” by CARE & “IND AA+” by IRRPL
Minimum Application / Rs.10,000 (10 NCDs) (for all series of NCDs namely series I, series II, series III, series IV, series V, Series VI, Series VII and Series VIII either taken individually or collective)
Face Value of Bond / Rs.1000
Listing / Bombay Stock Exchange (BSE) & National Stock Exchange of India (NSE)
Interest on Application Money / STFC will pay Interest on application amount received which are used towards allotment of NCDs / STFC will pay Interest on application amount received which are liable to be refunded
Registrar to the issue / Integrated Enterprises (India) Limited
Interest payment / Through various options available
Issuance / Dematerialized Form and Physical Form as specified by an Applicant in the application form
Cheque In Favour of / "Escrow Account STFC NCD VII Public Issue”
Category wise Allocations:
Category I / Category II / Category III / Category IV
Institutional Investors / Non Institutional Investors / High Net worth Individual
Investors / Retail Individual Investor
Investors
10% of the Issue Size / 10% of the Issue Size / 30% of the Issue Size / 50% of the Issue Size
*On first come first serve basis to be determined on the basis of the bid uploads made with the scheduled Stock Exchanges
Coupon Rates:
Series / I / II / III / IV / V / VI / VII / VIII
Frequency of Interest Payment / Annual / Annual / Annual / Monthly / Monthly / Not Applicable / Not Applicable / Not Applicable
Tenure / 36 Months / 60 Months / 84 Months / 60 Months / 84 Months / 36 Months / 60 Months / 84 Months
Coupon Rate Per Annum (A) / 9.85 / 10.00 / 10.15 / 10.71 / 10.94 / Not Applicable / Not Applicable / Not Applicable
Additional Incentive on coupon (p.a.) on any record Date - (B) / NCD
Holders
who are
Individuals / NCD Holders
who are Non
Individuals / NCD
Holders
who are
Individuals / NCD Holders
who are Non
Individuals / NCD
Holders
who are
Individuals / NCD Holders
who are Non
Individuals / N.A. / N..A. / Not Applicable / Not Applicable / Not Applicable
1.15 / Nil / 1.25 / Nil / 1.35 / Nil
Aggregate Coupon & additional Incentive
on coupon (p.a.) on any record Date - (A)+(B) / NCD
Holders
who are
Individuals / NCD Holders
who are Non
Individuals / NCD
Holders
who are
Individuals / NCD Holders
who are Non
Individuals / NCD
Holders
who are
Individuals / NCD Holders
who are Non
Individuals / 10.71 / 10.94 / Not Applicable / Not Applicable / Not Applicable
11.00 / 9.85 / 11.25 / 10.00 / 11.50 / 10.15
Effective Yield (p.a.) on any record date / NCD
Holders
who are
Individuals / NCD Holders
who are Non
Individuals / NCD
Holders
who are
Individuals / NCD Holders
who are Non
Individuals / NCD
Holders
who are
Individuals / NCD Holders
who are Non
Individuals / NCD
Holders
who are
Individuals / NCD Holders
who are Non
Individuals / NCD
Holders
who are
Individuals / NCD Holders
who are Non
Individuals / NCD
Holders
who are
Individuals / NCD Holders
who are Non
Individuals
11.00 / 9.85 / 11.25 / 10.00 / 11.50 / 10.15 / 11.25 / 11.50 / 11.00 / 9.85 / 11.25 / 10.00 / 11.50 / 10.15
Put / Call Option / None / None / None / None / None / None / None / None
Redemption Amount
(`/NCD) / Repayment of the Face Value plus any interest at the applicable Coupon that may have accrued at the Redemption Date plus Additional Incentive as may be applicable for Individual NCD Holders / NCD
Holders
who are
Individuals / NCD Holders
who are Non
Individuals / NCD
Holders
who are
Individuals / NCD Holders
who are Non
Individuals / NCD
Holders
who are
Individuals / NCD Holders
who are Non
Individuals
Rs.1368.02
per NCD* / Rs.1325.90
per NCD* / Rs.1704.62
per NCD* / Rs.1610.93
per NCD* / Rs.2143.79
per NCD* / Rs.1968.44
per NCD*
Maturity /
Redeemption Date / 36 Months from the date of allotment / 60 Months from the date of allotment / 84 Months from the date of allotment / 60 Months from the date of allotment / 84 Months from the date of allotment / 36 Months from the date of allotment / 60 Months from the date of allotment / 84 Months from the date of allotment
Who Can Apply?
Category I (Institutional Investors)
Ø Resident Public Financial Institutions,
Ø Statutory Corporations including State Industrial Development Corporations, Commercial Banks, Co-operative Banks and Regional Rural Banks
Ø Indian Provident Funds, Pension Funds, Superannuation Funds, Gratuity Fund
Ø Indian alternative investment funds registered with SEBI
Ø Venture Capital Funds
Ø Indian Insurance Companies registered with the IRDA
Ø National Investment Fund
Ø Indian Mutual Funds registered with SEBI
Ø Insurance funds set up and managed by the Indian army, navy or the air force
Category II (Non Institutional Investors)
Ø Companies, Bodies Corporate, Societies
Ø Public/private/charitable/religious trusts
Ø Resident Indian Scientific and/or industrial research organizations
Ø Partnership firms in the name of the partners
Ø Limited liability partnerships
Ø Educational institutions and associations of persons and/or bodies established pursuant to or registered under any central or state statutory enactment
Category III (High Net worth Individuals)
Ø Resident Indian Individual aggregate Investment > Rs. 5 Lacs
Ø HUF aggregate Investment > Rs. 5 Lacs
Category IV (Retail Individual Investors)
Ø Resident Indian Individual aggregate Investment <= Rs. 5 Lacs
Ø HUF aggregate Investment <= Rs. 5 Lacs
Who can not apply?
Ø Minors without a guardian name*
Ø Foreign nationals inter-alia including any NRIs who are (i) based in the USA, and/or, (ii) domiciled in the USA, and/or, (iii) residents/citizens of the USA, and/or, (iv) subject to any taxation laws of the USA;
Ø Persons resident outside India; Foreign Institutional Investors;
Ø Qualified Foreign Investors; Overseas Corporate Bodies; and
Ø Persons ineligible to contract under applicable statutory/regulatory requirements.
* Applicant shall ensure that guardian is competent to contract under Indian Contract Act, 1872
903, 9th Floor, P.J.Towers, B S E Building, Dalal Street, Fort, Mumbai: 400001.Tel: 022 66101182/83/84 , Email: Website: http://www.assetalliance.in