Fw: 11.75%, 5 year Shriram City Union Ltd Bond

About Shriram City Union Finance Limited

Shriram City Union Finance Limited was incorporated as a private limited company, Shriram Hire-Purchase Finance Private Limited, on March 27, 1986, under the provisions of the Companies Act, 1956. Further with effect from October 29, 1988, the status of the Company was changed to a public limited company. ShriramCity has a comprehensive range of offerings comprising financing for Two wheelers, Three wheelers, Four wheeler finance (both new & pre-owned passenger and commercial), Personal Loans, Small Business Loans and Loan against gold. This has made ShriramCity a dominant player in the field and the only NBFC offering a wide product range under one roof. With over 1000 Business Outlets across the country, ShriramCity enjoys a high credit rating, as well as listing on the BSE, NSE & Madras Stock Exchanges.

Why to invest in Shriram City Union Finance Limited (NCD)? » The NCDs offer an opportunity to lock in at an interest rate of 11.75% p.a. for 5 years. Credit rating of 'CARE AA' and 'CRISIL AA-/Stable' » The bonds would be listed on both NSE & BSE to provide liquidity to the investors » No Deduction of Tax at Source (TDS) from the interest. » Wealth Tax is not levied on investment in debentures under Section 2 (ea) of Wealth-Tax Act,1957 » As per provisions under section 2 (29A) of the I.T. Act, read with section 2 (42A) of the I.T. Act, a listed Bond is treated as a long term capital asset if the same is held for more than 12 months immediately preceding the date of its transfer. Under section 112 of the I.T. Act, capital gains arising on the transfer of listed Bonds shall be taxed @ 10% without indexation;

Series I II III IV Frequency of Interest Payment Annually Annually Not Applicable Not Applicable Minimum Application 10 Bonds (Rs. 10,000/-) and in multiples of 1 Bond (Rs. 1,000/-) thereafter In Multiples of Rs. 1,000 per Bond Face Value Rs. 1,000 per Bond Issue Price Rs. 1,000 per Bond Coupon Rate p.a. 10.60% 10.75% Not Applicable Not Applicable Tenor 36 months 60 months 36 months 60 months Effective Yield(per annum) Individual: 11.50% Non Individual: 10.60% Individual: 11.75% Non Individual: 10.75% Individual: 11.50% Non Individual: 10.60% Individual: 11.75% Non Individual: 10.75% Know More  |  Download Form

Please do not reply to this mail as this is an automated mail service Disclaimer: This report is for information purposes only and does not constitute an offer, solicitation or advertisement with respect to the purchase or sale of any security/bonds of Shriram City Union Finance Limited ("The Company")  and no part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. This report has been prepared from the publicly available information. Any person who subsequently subscribes for any bonds issued by the Company must rely solely on the publicly available information including the Prospectus issued in connection with the Issue on the basis of which alone subscription for the debentures may be made. In addition, investors should pay particular attention to the section of the Prospectus entitled "Risk Factors".

INDIA INFOLINE LTD (Regd. Office) - IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, MIDC, Thane Industrial Area, Wagle Estate, Thane - 400 604. Tel: (91-22) 2580 6650 • Fax: (91-22) 2580 6654 SEBI REGN NO.: BSE (Cash) INB 011097533, BSE (F&O) INF 011097533, NSE (Cash) INB 231097537, NSE (F&O) INF 231097537, NSE (CDS) INE 231097537, DEPOSITORY: IN DP NSDL 185 2000, IN DP CDSL 352 2006 | AMFI REGN NO.: ARN-47791