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01-01-2023 00:13:59

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14-11-2022 14:09:00

Two Entities - One Shared Vision - STFC and SCUF are now merged as Shriram Finance

14-11-2022 14:08:45

43 Years

OF TRUSTED
RELATIONSHIPS

₹ 1.71 Lac Cr

ASSETS UNDER
MANAGEMENT

(As on September 30,2022)

2,875+

BRANCHES
ACROSS INDIA

(As on September 30,2022)

Our Journey

Explore Milestones that have made us what we are today!

1984

STFC: Initial Public Offering

1999

STFC: Tied up with Citicorp for CV financing under Portfolio Management Services (PMS)

 

The 1st securitization transaction by STFC

1979 

Shriram Transport Finance Company Limited (STFC) was established

1990

STFC: Investment from Telco & Ashok Leyland

2005-06

STFC: Merger of SIL and SOFL with STFC; PAT crosses Rs. 1,000 mn (2006) Investment from ChrysCapital (2005) and TPG (2006)

2009

Purchased hypothecation loan outstandings of commercial vehicles and construction equipments of GE Capital Services India and GE Capital Financial Services (GE) aggregating to approximately Rs. 11 bn

2002 –04

STFC: Preferential Allotment to Citicorp Finance (India) in 2002Preferential Allotment to Axis Bank and Reliance Capital in 2004

2009

STFC: Successfully placed Rs. 10 bn of NCD with domestic investors

2010

Initiated financing of construction equipment

2013

STFC: AUM crosses Rs. 500 billion

2010

STFC: Securitised Rs. 87.57 bn during FY 2010.
Successfully raised Rs. 5.84 bn through QIP with domestic & international investors.

2011

STFC: Introduced SAMIL – a dedicated platform for trading of pre-owned trucks at a fair value

2015-16

CRISIL upgraded long-term debt instruments and bank facilities, and FD to 'CRISIL AA+/FAAA/Stable' from 'CRISIL AA/FAA+/Positive‘
Merger of SEFCL with STFC

2017-18

Successfully raised Rs. 11.6 Bn through issuance of ‘Masala Bonds’ – Senior Secured Rupee Denominated Bonds’ listed on Singapore Stock Exchange

2015-16

STFC: FITCH upgraded long term issuer ratings to ‘IND AA+’ from ‘IND AA’

2016-17

STFC: Successfully raised Rs. 13.5 Bn through issuance of ‘Masala Bonds’ – Senior Secured Rupee Denominated Bonds’ listed on Singapore Stock Exchange

2018-19

STFC: Raised maximum permissible US$ 750 million through ECB route during the year FY 2018-19
AUM crosses Rs.1 trillion

2019-20

Raised Rs. 1.94 bn through issuance of NCD – Tranche II in January 2020

2017-18

Sold the controlling stake (55.44%) in its wholly owned subsidiary, SAMIL to MXC Solutions India Private Limited (MXC).

2019-20

Raised Rs. 4.9 bn through ECB in January 2020
Raised Rs. 34.9 billion through issuance of GMTN in April 2019, Rs. 17.14 bn in July 2019, Rs. 35.4 bn in Jan 2020

2020-21

Raised Rs. 36.69 bn  and Rs. 16.53 bn through issuance of GMTN in Jan 2021 and March 2021 respectively.

2021-22

Issuance and allotment of USD 0.475 bn 4.15 percent Senior Secured Notes due 2025 (Social Bonds) under the USD 3.500 bn GMTN programme in Jan’22.

2020-21

STFC: Raised Rs. 14.92 bn through right issue in August 2020

2021-22

Raised Rs. 19.99 bn through QIP issue in June 2021
Raised Rs. 5.0 bn through preferential allotment (2.5 bn) and conversion of warrants (2.5 bn) to Promoters.

2022-23

SCUF is engaged in the business of financing small and medium enterprises, dispensing loans for acquiring two-wheelers (both new and pre-owned), pre-owned cars, commercial vehicles and loan against pledged jewels

2022-23

STFC, now renamed as Shriram Finance Limited (SFL)

2022-23

STFC: Merger of SCUF and SCL with STFC in November 2022 (Appointed Date:- 1st April 2022)

2022-23

AUM of SCUF stood at Rs. 361.17 bn as on September 30, 2022

 
 
 

 

 

1979 

Shriram Transport Finance Company Limited (STFC) was established

1984

STFC: Initial Public Offering

 

 

 

 

1990

STFC: Investment from Telco & Ashok Leyland

1999

STFC: Tied up with Citicorp for CV financing under Portfolio Management Services (PMS)

 

The 1st securitization transaction by STFC

 

 

 

 

2002 –04

STFC: Preferential Allotment to Citicorp Finance (India) in 2002Preferential Allotment to Axis Bank and Reliance Capital in 2004

2005-06

STFC: Merger of SIL and SOFL with STFC; PAT crosses Rs. 1,000 mn (2006) Investment from ChrysCapital (2005) and TPG (2006)

 

 

 

 

2009

STFC: Successfully placed Rs. 10 bn of NCD with domestic investors

2009

Purchased hypothecation loan outstandings of commercial vehicles and construction equipments of GE Capital Services India and GE Capital Financial Services (GE) aggregating to approximately Rs. 11 bn

 

 

 

 

2010

STFC: Securitised Rs. 87.57 bn during FY 2010.
Successfully raised Rs. 5.84 bn through QIP with domestic & international investors.

2010

Initiated financing of construction equipment

 

 

 

 

2011

STFC: Introduced SAMIL – a dedicated platform for trading of pre-owned trucks at a fair value

2013

STFC: AUM crosses Rs. 500 billion

 

 

 

 

2015-16

STFC: FITCH upgraded long term issuer ratings to ‘IND AA+’ from ‘IND AA’

2015-16

CRISIL upgraded long-term debt instruments and bank facilities, and FD to 'CRISIL AA+/FAAA/Stable' from 'CRISIL AA/FAA+/Positive‘
Merger of SEFCL with STFC

 

 

 

 

2016-17

STFC: Successfully raised Rs. 13.5 Bn through issuance of ‘Masala Bonds’ – Senior Secured Rupee Denominated Bonds’ listed on Singapore Stock Exchange

2017-18

Successfully raised Rs. 11.6 Bn through issuance of ‘Masala Bonds’ – Senior Secured Rupee Denominated Bonds’ listed on Singapore Stock Exchange

 

 

 

 

2017-18

Sold the controlling stake (55.44%) in its wholly owned subsidiary, SAMIL to MXC Solutions India Private Limited (MXC).

2018-19

STFC: Raised maximum permissible US$ 750 million through ECB route during the year FY 2018-19
AUM crosses Rs.1 trillion

 

 

 

 

2019-20

Raised Rs. 4.9 bn through ECB in January 2020
Raised Rs. 34.9 billion through issuance of GMTN in April 2019, Rs. 17.14 bn in July 2019, Rs. 35.4 bn in Jan 2020

2019-20

Raised Rs. 1.94 bn through issuance of NCD – Tranche II in January 2020

 

 

 

 

2020-21

STFC: Raised Rs. 14.92 bn through right issue in August 2020

2020-21

Raised Rs. 36.69 bn  and Rs. 16.53 bn through issuance of GMTN in Jan 2021 and March 2021 respectively.

 

 

 

 

2021-22

Raised Rs. 19.99 bn through QIP issue in June 2021
Raised Rs. 5.0 bn through preferential allotment (2.5 bn) and conversion of warrants (2.5 bn) to Promoters.

2021-22

Issuance and allotment of USD 0.475 bn 4.15 percent Senior Secured Notes due 2025 (Social Bonds) under the USD 3.500 bn GMTN programme in Jan’22.

 

 

 

 

2022-23

STFC: Merger of SCUF and SCL with STFC in November 2022 (Appointed Date:- 1st April 2022)

2022-23

SCUF is engaged in the business of financing small and medium enterprises, dispensing loans for acquiring two-wheelers (both new and pre-owned), pre-owned cars, commercial vehicles and loan against pledged jewels

 

 

 

 

2022-23

AUM of SCUF stood at Rs. 361.17 bn as on September 30, 2022

2022-23

STFC, now renamed as Shriram Finance Limited (SFL)