Shriram Transport Finance Company Limited - Public Issue of Secured Non Convertible Debentures.

Issue Size : Rs. 1000 crs. ( Rs.500 crs + Rs.500 crs Green Shoe option)

Face Value : Rs.1000

Market Lot : Minimum 10 NCDs there after 1 NCD each

Issue Period : June 27, 2011 to July 09, 2011

Retail : Rs.400 crs (Rs.200 cr + Rs.200 cr Greenshoe Option)

Individual HNI : Rs.400 crs (Rs.200 cr + Rs.200 cr Greenshoe Option)

QIB/NII : Rs.200 crs (Rs.100 cr + Rs.100 cr Greenshoe Option)


Interest Rates

Retail - up to 5 lakh : 11.35% p.a. Tenor : 3 year ( Redemption - Nil )
Redemption Date : 36 months from the Deemed Date of Allotment
11.60% p.a. Tenor : 5 year ( Redemption - 48 months after the Deemed Date of Allotment )

Redemption Date :60 months from the Deemed Date of Allotment
Individual HNI :11.10% p.a Tenor : 3 year ( Redemption - Nil )
(above 5 lakh)

Redemption Date : 36 months from the Deemed Date of Allotment
11.35% p.a Tenor : 5 year ( Redemption - 48 months after the Deemed Date of Allotment )

Redemption Date : 60 months from the Deemed Date of Allotment

QIB/ NII: 11.00% p.a Tenor : 3 year ( Redemption - Nil )
Redemption Date : 36 months from the Deemed Date of Allotment
11.10% p.a Tenor : 5 year ( Redemption - 48 months after the Deemed Date of Allotment )
Redemption Date : 60 months from the Deemed Date of Allotment

Listing : within 7 working days from the date of Allotment

No additional rates for senior citizen.

Interest on Application Money

Interest on application monies received which are used towards allotment of NCDs

Our Company shall pay interest on application money on the amount allotted, subject to deduction of income tax under the provisions of the Income Tax Act, 1961, as amended, as applicable, to any applicants to whom NCDs are allotted pursuant to the Issue from the date of realization of the cheque(s)/demand draft(s) or 3 (three) days from the date of receipt of the application (being the date of presentation of each application as acknowledged by the Bankers to the Issue) whichever is later upto one day prior to the Deemed Date of Allotment, at the rate of 7.00% per annum.

ii. Who can Apply

The following categories of persons are eligible to apply in the Issue:

Category I

• Public Financial Institutions, Statutory Corporations, Commercial Banks, Co- operative Banks and Regional Rural Banks, which are authorised to invest in the NCDs;
• Provident Funds, Pension Funds, Superannuation Funds and Gratuity Funds, which are authorized to invest in the NCDs
• Venture Capital funds registered with SEBI;
• Insurance Companies registered with the IRDA
• National Investment Fund; and
• Mutual Funds.

Category II

• Companies, Bodies Corporate and Societies registered under the applicable laws in India and authorised to invest in NCDs;
• Public/Private Charitable/Religious Trusts which are authorised to invest in the NCDs;
• Scientific and/or Industrial Research Organisations, which are authorised to invest in the NCDs;
• Partnership Firms in the name of the partner; and
• Limited liability partnerships formed and registered under the provisions of the Limited Liability Partnership Act, 2008 (No. 6 of 2009)

Category III*

• Resident Indian individuals; and
• Hindu Undivided Families through the Karta.

* With respect to applications received from Category III applicants, applications by applicants who apply for NCDs aggregating to a value not more than ` 5 Lacs, across all series of NCDs, (Option I and/or Option II), shall be grouped together, (“Reserved Individual Portion”) while applications by applicants who apply for NCDs aggregating to a value exceeding ` 5 Lacs,across all series of NCDs, (Option I and/or Option II), shall be separately grouped together,(“Unreserved Individual Portion”).

Note: Participation of any of the aforementioned categories of persons or entities is subject to the applicable statutory and/or regulatory requirements in connection with the subscription to Indian securities by such categories of persons or entities.

iii. Applications cannot be made by:

a) Minors without a guardian name;
b) Foreign nationals;
c) Persons resident outside India;
d) Foreign Institutional Investors;
e) Non Resident Indians; and
f) Overseas Corporate Bodies



Thanks
Ankit Wani
Intern @ DENIP Consultants Pvt. Ltd.