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Our Journey
45 Years
OF TRUSTED RELATIONSHIPS
₹ 2.14 Lac Cr
ASSETS UNDER MANAGEMENT (As on December 31, 2023)
3,037
BRANCHES ACROSS INDIA (As on December 31, 2023)
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 2002
Preferential Allotment to Axis Bank and Reliance Capital in 2004
2009
STFC: Successfully placed Rs. 10 bn of NCD with domestic investors
2010
2013
2010
STFC: Securitised Rs. 87.57 bn during FY 2010.
Successfully raised Rs. 5.84 bn through QIP with domestic & international investors.
2011
2015-16
2017-18
2015-16
2016-17
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
2017-18
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
2021-22
2020-21
2021-22
2022-23
2022-23
2022-23
2022-23
1979
<p>Shriram Transport Finance Company Limited (STFC) was established</p>
1979
Shriram Transport Finance Company Limited (STFC) was established
1984
STFC: Initial Public Offering
1984
<p>STFC: Initial Public Offering</p>
1990
<p>STFC: Investment from Telco & Ashok Leyland</p>
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
1999
<p>STFC: Tied up with Citicorp for CV financing under Portfolio Management Services (PMS)</p> <p>The 1st securitization transaction by STFC</p>
2002 - 04
<p>STFC: Preferential Allotment to Citicorp Finance (India) in 2002</p> <p>Preferential Allotment to Axis Bank and Reliance Capital in 2004</p>
2002 - 04
STFC: Preferential Allotment to Citicorp Finance (India) in 2002
Preferential 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)
2005 - 06
<p>STFC: Merger of SIL and SOFL with STFC; PAT crosses Rs. 1,000 mn (2006)</p> <p>Investment from ChrysCapital (2005) and TPG (2006)</p>
2009
<p>STFC: Successfully placed Rs. 10 bn of NCD with domestic investors</p>
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
2009
<p>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 </p>
2010
<p>STFC: Securitised Rs. 87.57 bn during FY 2010.</p> <p>Successfully raised Rs. 5.84 bn through QIP with domestic & international investors.</p>
2010
STFC: Securitised Rs. 87.57 bn during FY 2010.
Successfully raised Rs. 5.84 bn through QIP with domestic & international investors.
2010
2010
Initiated financing of construction equipment
2011
STFC: Introduced SAMIL – a dedicated platform for trading of pre-owned trucks at a fair value
2011
2013
2013
STFC: AUM crosses Rs. 500 billion
2015-16
STFC: FITCH upgraded long term issuer ratings to ‘IND AA+’ from ‘IND AA’
2015-16
2015-16
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
2016-17
2017-18
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)
2017-18
2018-19
STFC: Raised maximum permissible US$ 750 million through ECB route during the year FY 2018-19
AUM crosses Rs.1 trillion
2018-19
<p>STFC: Raised maximum permissible US$ 750 million through ECB route during the year FY 2018-19</p> <p>AUM crosses Rs.1 trillion</p>
2019-20
<p>Raised Rs. 4.9 bn through ECB in January 2020</p> <p>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</p>
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
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
2020-21
2020-21
Raised Rs. 36.69 bnand 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
2021-22
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
2022-23
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
2022-23
2022-23
STFC, now renamed as Shriram Finance Limited (SFL)
