Shriram City Union Finance : Secured Non-Convertible Debentures

SCUF (Shriram City Union Finance Company) has come out with Secured NCD (Non-Convertible Debentures). The issue has opened on November 25, 2013. The yield for individual investors varies with maturity period as given below:

Investment Period	Interest Per Annum	Investment Amount	Maturity Amount
3 Years	11.00%	Rs. 1 Lakh	Rs. 1,35,841
4 Years	11.25%	Rs. 1 Lakh	Rs. 1,50,444
5 Years	11.50%	Rs. 1 Lakh	Rs. 1,66,717

The aggregate amount of the issue is Rs. 200 Crores. The minimum application amount is Rs. 10,000. NCDs could be bought either in demat or physical mode. TDS is not applicable if the NCDs are held in demat form.

NCDs will be listed in NSE and BSE for trading. The credit rating is AA/Stable by CRISIL and AA+ by CARE. NRIs will not be able to participate in this issue.

As the risk-reward ratio is good, we recommend these debentures for your fixed income portfolio.

If you might be interested in applying in this issue,

Please call

 917- 693 - 9055

or 044 - 4202- 0942

or  044-4207-3710

Or just simply send an e-mail.

Prakala Team

Prakala Wealth Management Pvt. Ltd.

2 / 102, Third Street (First Floor)

Karpagam Avenue, RA Puram

Chennai – 600 028, India

Telephone:   044 2464 3666, 044 -  4202 0942

Web Site: www.prakala.com

An alternate number to reach : 917-693-9055

E-mail:  prakala@gmail.com

             prakalawealth@gmail.com

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