Shriram Transport Finance Company Limited

Public Issue by Shriram Transport Finance Company Limited, (Company or Issuer) of

Secured Redeemable Non-Convertible Debentures of face value of ` 1,000 each, (NCDs),
aggregating upto ` 25,000 lacs with an option to retain over-subscription upto ` 25,000 lacs for
issuance of additional NCDs aggregating to a total of upto ` 50,000 lacs, hereinafter referred to
as the Issue.
ISSUE PROGRAMME*

ISSUE OPENS ON : OCTOBER 7, 2013

ISSUE CLOSES ON : OCTOBER 21, 2013

* The subscription list for the Issue shall remain open for subscription on Working Days from 10:00 a.m. to 5:00 p.m. during the period indicated above,
except that the Issue may close on such earlier date or extended date as may be decided at the discretion of the duly authorised committee of Directors of
our Company subject to necessary approvals. In the event of such early closure or extension of the Issue, our Company shall ensure that notice of the
same is provided to the prospective investors, on or before such early date of closure or the initial Closing Date, as the case may be, through
advertisement/s in a leading national daily newspaper.

The specific terms and conditions of each series of NCDs offered pursuant to the Issue are as
follows:
Series

II

III

IV

VI

Frequency of
Interest Payment

Annual

Annual

Annual

Not Applicable

Not Applicable

Not Applicable

Coupon (% per
annum) - (A)

10.75%

10.75%

10.75%

Not Applicable

Not Applicable

Not Applicable

Not Applicable

Not Applicable

Not Applicable

Not Applicable

Not Applicable

Not Applicable

NCD
NCD
NCD
NCD
NCD
NCD
Additional Incentive
Holders Holders Holders Holders Holders Holders
on Coupon (% per
who are who are who are who are who are who are
annum) on Any
Individ
Non
Individu
Non
Individu
Non
Record Date - (B)
uals
Individ
als
Individu
als
Individ
uals
als
uals
0.50%

Nil

NCD
NCD
Aggregate of
Holders Holders
Coupon and
who are who are
Additional Incentive
Individ
Non
on any Record Date
uals
Individ
(% per annum) =
uals
(A) + (B)
11.25% 10.75%

Effective Yield (%
per annum) on any
Record Date

0.75%

Nil

1.00%

Nil

NCD
NCD
NCD
NCD
Holders Holders Holders Holders
who are who are who are who are
Individu
Non
Individu
Non
als
Individu
als
Individ
als
uals
11.50%

10.75%

11.75%

10.75%

NCD
NCD
NCD
NCD
NCD
NCD
NCD
NCD
NCD
NCD
NCD
NCD
Holders Holders Holders Holders Holders Holders Holders
Holders Holders Holders who Holders Holders who
who are who are who are who are who are who are who are
who are who are
are Non
who are
are Non
Individ
Non
Individu
Non
Individu
Non Individual
Non
Individ Individuals Individua Individuals
uals
Individ
als
Individu
als
Individ
s
Individual uals
ls
uals
als
uals
s
11.25% 10.75%

11.50%

10.75%

11.75%

10.75%

11.25%

10.75%

11.50%

10.75%

Various Through
Various Through
Various Through Various
Mode of Payment of Through Various Through
options available options available
options available
options available
options available
Interest and/or
Redemption of
NCDs

11.75%

10.75%

Through Various options

available

Series
Tenor

Redemption Date

II

III

IV

VI

Thirty six months

Sixty months

Eighty four months

Thirty six months

Sixty months

Eighty four months

Thirty six months Sixty months from Eighty four months Thirty six months from Sixty months from the Eighty four months from
from the Deemed the Deemed Date of from the Deemed the Deemed Date of Deemed
Date
of the Deemed Date of
Date of Allotment. Allotment.
Date of Allotment. Allotment.
Allotment.
Allotment.

Redemption Amount
NCD
NCD
NCD
NCD
NCD
NCD
Repayment of the Repayment of the
Repayment of the
(`/NCD)
Holders
Holders
Holders
Holders
Holders
Holders
Face Value plus Face Value plus any Face Value plus
who are
who are
who are
who are
who are
who are
any interest at the
interest at the
any interest at the
Individual
Non
Individual
Non
Individual
Non
applicable Coupon applicable Coupon applicable Coupon
s
Individual
s
Individual
s
Individuals
that may have
that may have
that may have
s
s
accrued at the
accrued at the
accrued at the
Redemption Date Redemption Date
Redemption Date
plus Additional
plus Additional
plus Additional
Incentive as may Incentive as may be Incentive as may be
`1,377.30 `1,358.79 `1,723.87 `1,666.63 `2,177.70 `2,044.79
be applicable for
applicable for
applicable for
per
per
Individual NCD
Individual NCD
Individual NCD per NCD* per NCD* per NCD* per NCD*
NCD*
NCD*
Holders
Holders
Holders
*subject to applicable tax deducted at source, if any.

Who can apply?

Category I Institutional Investors

Resident public financial institutions as specified in Section 2 (72) of the Companies Act, 2013 authorized to
invest in the NCDs;
Statutory corporations including State Industrial Development Corporations, commercial banks, co-operative
banks and regional rural banks incorporated in India and authorized to invest in the NCDs;
Indian Provident funds, pension funds, superannuation funds and gratuity funds, authorized to invest in the
NCDs;
Indian alternative investment funds registered with SEBI;
Indian insurance companies registered with the IRDA;
Indian Mutual Funds registered with SEBI;
National Investment Fund set up pursuant to the resolution F. No. 2/3/2005-DD-II dated November 23, 2005 by
the Government of India; and
Insurance funds set up and managed by the Indian army, navy or the air force of the Union of India or by the
Department of Posts, India
Category II Non Institutional Investors
Companies, bodies corporate and societies, registered under the applicable laws in India, and authorized to
invest in the NCDs;
Educational institutions and associations of persons and/or bodies established pursuant to or registered under
any central or state statutory enactment; which are authorized to invest in the NCDs;
Trusts settled under the Indian Trusts Act, 1882, public/private charitable/religious trusts settled and/or
registered in India under applicable laws, which are authorized to invest in the NCDs;
Resident Indian scientific and/or industrial research organizations, authorized to invest in the NCDs;
Partnership firms formed under applicable laws in India in the name of the partners, authorized to invest in the
NCDs; and
Limited Liability Partnerships formed and registered under the provisions of the Limited Liability Partnership
Act, 2008 (No. 6 of 2009), authorized to invest in the NCDs.
Category III High Net-worth Individuals, ("HNIs")
Resident Indian individuals who apply for NCDs aggregating to a value more than ` 5 lacs, across all Series of
NCDs; and
Hindu Undivided Families through the Karta who apply for NCDs aggregating to a value more than ` 5 lacs,
across all Series of NCDs.
Category IV Retail Individual Investors
Resident Indian individuals who apply for NCDs aggregating to a value not more than ` 5 lacs, across all Series
of NCDs; and
Hindu Undivided Families through the Karta who apply for NCDs aggregating to a value not more than ` 5
lacs, across all Series of NCDs.

Note: All categories of persons who are individuals or natural persons (including Hindu Undivided Families acting
through their Karta) including without limitation HNIs and Retail Individual Investors who are eligible under
applicable laws to hold the NCDs are collectively referred to as Individuals.
All categories of entities, associations, organizations, societies, trusts, funds, partnership firms, Limited Liability
Partnerships, bodies corporate, statutory and/or regulatory bodies and authorities and other forms of legal entities
who are NOT individuals or natural persons and are eligible under applicable laws to hold the NCDs including
without limitation Institutional Investors and Non Institutional Investors are collectively referred to as Non
Individuals.

Allocation Ratio
Reservations shall be made for each of the Portions on first come first serve basis (determined on
the basis of the upload of each Application into the electronic book of the Stock Exchange) as
mentioned below:
Particulars

Institutional
Category

Non Institutional
Category

HNI Category

Size in %

10% of the Issue

Size

10% of the Issue

Size

30% of the Issue

Size

Retail
Individual
Category
50% of the
Issue Size

The payment instruments for payment into the Escrow Account should be drawn in
favour of Escrow Account STFC NCD VI Public Issue
ASBA Applicants shall specify the ASBA Account number and should be signed by the
ASBA Account holder in the Application Form

Disclaimer: Shriram Transport Finance Company Limited, (Company), is proposing, a public issue of Secured Redeemable non-convertible
debentures and has filed a Prospectus dated September 23, 2013 (Prospectus), with the Registrar of Companies, Chennai, Tamil Nadu, and
shall file the Prospectus with the Securities and Exchange Board of India, (SEBI), the National Stock Exchange of India Limited, (NSE) and
the BSE Limited (BSE). The Prospectus shall be available on the website of the NSE, the BSE, the Company and the websites of the Lead
Managers to the Issue, namely www.jmfl.com, www.akcapindia.com. Investors are urged to take any decision to invest in the said debt securities
pursuant to and solely on the basis of the disclosures made in the Prospectus. Please see the section entitled Risk Factors on page 17 of the
Prospectus for the risks in this regard. Capitalised terms not specifically defined above shall have the same meaning as assigned to them in the
Prospectus.