Gujarati Club News: [Gujarati Club] Shriram Secured NCD

[Attachment(s) from nikhil vadia included below]

Dear Sir / Madam

Shriram Group started accepting Secured Non Convertible Debentures (NCD). Its right time to invest in same when Share Market is volatile or feel risky to invest further. In this scenario, it will give good & safe Fixed return.

Trustee : IDBI

Shareholders : Reputed Institutes Such as Chrys Capital, Citicorp., Axis Bank, etc. besides Shriram Group

Advantages of this NCD compared to earlier NCD :

Please note that NCD will be issued in Physical form, so even those who are not having Demat A/c can also invest in the same this time.

There is no lock in period like earlier NCD. You can Invest in the same for different duration as per your choice from 1 year to 7 years.

Comparision Between Shriram Transport Finance Co.Ltd. & Mahindra Finance Ltd.

Shriram Upto 11.50% Secured NCD

V/s.

Mahindra Finance 10.50% - Fixed Deposits

	Shriram Transport Finance Co. Ltd.	Mahindra Finance Ltd.
Incorporation	1979	1991
Income F.Y.2009-10	4,403 Crs.	1,568 Crs.
Profit After Tax 2009-10	873 Crs.	344 Crs.
NPA	0.71%	0.90%
Reserves & Surplus	3,610 Crs.	1,631 Crs.
CRISIL Rating	FAA+ (Stable & Highest Safety) by CRISIL	FAA+ (Stable & Highest Safety) by CRISIL
Rate of Interest	Upto 11.50% (Cumulative & Non Cumulative)	10.50% (Cumulative) 10.25% (Non Cumulative) + 0.25% Sr.Citizen / Shareholders
Nature	Secured	Unsecured
Trustee	IDBI	None
Share Price (As on 22.11.2011)	507	645

Other Highlights in addition to above Points :

 STFC is India 's Largest Asset Financing Non-Banking Finacial Corporation (NBFC) with over Rs.30,000 Crore of Assets Under Management (AUM). The company has a customer base of over 600,000 & More than 650 Branches across the country. Its AUM has grown by a compounded annual growth rate of over 65% in the last 4 years.

 It has 20-25% Market Share in this segment. The company Finances 5-12 year old Trucks / Commercial Vehicles where Competition from organized players is non existent.

 No. of Mutual Funds invested in STFC was 13 in May'09, 25 in Dec'09 & 30 in May'10

 Suggested for Shriram Unnati Fixed deposits Investment by Outlook Money dated 11.08.2010.

 One of the Top 10 Shares to buy suggested by Money Today – Aug'2010

Pls Find attached herewith Followings for yr reference.

1. Shriram Secured NCD - One Pager with Revised Interest rates

2. Shriram Secured NCD Highlights

3. Articles On Outlook Money – Aug'2010

4. Articles On Money Today – Aug'2010

5. Articles in Economic Times – Sep'2010

6. 15G Form

7. 15H Form (For 65 years & above)

For any queries & Forms, Kindly Contact us.