Shriram Group

Shriram Group is an Indian conglomerate founded

on 5 April 1974 by Ramamurthy Thyagarajan,[3] AVS Shriram Group
Raja and T. Jayaraman. They have their headquarters
in Chennai, Tamil Nadu, India.[4][5][6] The group had
its beginning in chit funds business and later on
entered the lending business through Shriram
Transport Finance (Commercial Vehicle Finance),
Shriram City Union Finance (Consumer and MSME
Finance) and Shriram General Insurance Co. Ltd.
Type Conglomerate
(General insurance).
Industry Finance, real estate

Companies Founded 5 April 1974 in Chennai, Tamil

Nadu, India
Shriram Transport Finance Company is the Headquarters Chennai, India
largest commercial vehicle financier in India.
Area served India
It disburses loans for new and used
commercial vehicles, passenger vehicles, Key people Ramamurthy Thyagarajan
tractors and construction equipment. [7] (chairman)[1]
Shriram City Union Finance is engaged in Revenue ₹ 1.06 lakh crore (US$ 14
small and medium enterprise lending and billion) (2020)
retail financing including two-wheeler
Number of 55000[2] (2020)
loans.[8][9] employees
Shriram Housing Finance is a subsidiary of
Subsidiaries Shriram Transport Finance
Shriram City Union Finance and mainly
Company
provides home loan services.[10]
Shriram City Union Finance
Shriram Capital is the holding company of
Shriram Group, which has stakes in a Shriram Life Insurance
number of group companies. Shriram General Insurance
Shriram Life Insurance is the life insurance Shriram Housing Finance
arm of the group, and a joint venture between Shriram Capital
Shriram Capital and South African company
Shriram Insight
Sanlam.[11]
Shriram General Insurance is engaged in Shriram Fortune
commercial and retail vehicle insurance, Shriram AMC
home insurance and travel insurance. It is a Shriram Properties
joint venture between Shriram Capital and
Website https://www.shriramcapital.com/
Sanlam.[12]
Shriram Properties is a real estate developer
focusing on mid-income housing projects, primarily in South India.[13]
Shriram Fortune is the financial services distribution arm of the group.[14]
Shriram AMC is an asset management company focused on mutual funds.[15]
Shriram Insight is a retail stockbroker.[14]
Shriram Wealth provides wealth management advisory services.[14]
References
1. Narasimhan, T. E. (31 January 2012). "Why private equity loves the Shriram Group" (https://
www.business-standard.com/article/companies/why-private-equity-loves-the-shriram-group-
112013100007_1.html). Business Standard India. Retrieved 11 April 2021.
2. "Shriram Life Insurance" (http://shriramlife.com). www.shriramlife.com. Retrieved
8 September 2016.
3. "R Thyagarajan, Shriram Ventures Ltd: Profile and Biography" (https://www.bloomberg.com/
profile/person/17262981). Bloomberg.com. Retrieved 8 September 2020.
4. "About the Group" (https://www.shriramcapital.com/).
5. Raghuvir Badrinath & T E Narasimhan (24 May 2012). "Shriram Group's Rs 400-cr PE plan
to bind its cement foray" (http://www.business-standard.com/india/news/shriram-groups-rs-4
00-cr-pe-plan-to-bind-its-cement-foray/475209/). Business Standard. Retrieved 7 August
2012.
6. Sanjay Vijayakumar & V Balasubramanian (27 May 2012). "Shriram Group founder R
Thyagarajan bets on math and mathematicians for business success, not that much on B-
school grads" (http://articles.economictimes.indiatimes.com/2012-05-27/news/31860985_1_
r-thyagarajan-shriram-group-mathematicians). Economic Times. Retrieved 7 August 2012.
7. "India's largest commercial vehicle financier Shriram Transport sees 73% loan repayments
in August" (https://www.businesstoday.in/current/corporate/india-largest-commercial-vehicle-
financier-shriram-transport-sees-73-loan-repayments-in-august/story/415133.html).
www.businesstoday.in. Retrieved 11 April 2021.
8. "Shriram City Union Finance aims over Rs 6,000 cr disbursement in Q4" (https://www.busine
ss-standard.com/article/companies/shriram-city-union-finance-aims-over-rs-6-000-cr-disburs
ement-in-q4-121020301883_1.html). Business Standard India. 3 February 2021. Retrieved
11 April 2021.
9. Balachandar, G. "Aided by two-wheeler loans, Shriram City sees strong growth in Q3
disbursements" (https://www.thehindubusinessline.com/money-and-banking/aided-by-two-w
heeler-loans-shriram-city-sees-strong-growth-in-q3-disbursements/article33328427.ece).
@businessline. Retrieved 11 April 2021.
10. "Shriram City Union Finance may seek investor for housing unit" (https://economictimes.indi
atimes.com/markets/stocks/news/shriram-city-union-finance-may-seek-investor-for-housing-
unit/articleshow/81307005.cms). The Economic Times. Retrieved 11 April 2021.
11. "Sanlam to up stake in Shriram Life to 49%" (https://www.thehindubusinessline.com/compan
ies/sanlam-to-up-stake-in-shriram-life-to-49/article22506677.ece). @businessline. Retrieved
11 April 2021.
12. Srivats, K. R. "Shriram General Insurance on expansion spree" (https://www.thehindubusine
ssline.com/money-and-banking/shriram-general-insurance-on-expansion-spree/article2628
3133.ece). @businessline. Retrieved 11 April 2021.
13. Sonavane, Ravindra N. (10 April 2021). "Shriram Properties files draft papers to raise ₹800
crore via IPO" (https://www.livemint.com/market/ipo/shriram-properties-files-drhp-to-raise-80
0-crore-via-ipo-11618026406956.html). mint. Retrieved 11 April 2021.
14. "Shriram Capital mulls merger of group cos to facilitate exit of Piramal Group and TPG" (http
s://www.thenewsminute.com/article/shriram-capital-mulls-merger-group-cos-facilitate-exit-pir
amal-group-and-tpg-111408). The News Minute. 30 October 2019. Retrieved 11 April 2021.
15. "Shriram AMC to launch two new schemes in current fiscal" (https://economictimes.indiatime
s.com/mf/mf-news/shriram-amc-to-launch-two-new-schemes-in-current-fiscal/articleshow/49
291986.cms). The Economic Times. Retrieved 11 April 2021.

External links
 Official website (http://www.shriram.com/)

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This page was last edited on 26 October 2021, at 16:14 (UTC).

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