Friday, July 20, 2012

Shriram Transport Finance Company Ltd Public Issue NCD



Shriram Commercial Vehicle Finance
Shriram Transport Finance Company Ltd (STFC) is coming up with the public issue of Secured Non-Convertible Debentures aggregating upto Rs.300 Crores with an option to retain over-subscription upto Rs.300 Crores. The issue is scheduled to open from 26th of July 2012.
Shriram Transport Finance Company Limited (STFC), the largest asset financing NBFCs in India*, plans to enter the debt capital market on July 26, 2012 with a public issue of Secured Non Convertible Debentures of face value of Rs 1,000 each, (“NCDs”), aggregating upto Rs. 300 crores with an option to retain over-subscription upto Rs. 300 crores for issuance of additional NCDs aggregating to a total of upto Rs. 600 crores (“Issue”)

The Issue shall be open for subscription from July 26, 2012 to August 10, 2012 with an option to close the Issue on such earlier date or extended date as may be decided at the discretion of the duly authorised committee of Directors of the Company subject to necessary approvals. The NCDs proposed to be issued under this Issue have been rated ‘CRISIL AA/Stable’ by CRISIL for an amount of upto ` Rs. 600 crores’ and ‘CARE AA+' by CARE for an amount of upto ‘Rs. 600 crores’. The rating of the NCDs by CRISIL and CARE indicates high degree of safety regarding timely servicing of financial obligations and carrying very low credit risk. The NCDs offered through the Prospectus dated July 16, 2012, are proposed to be listed on the NSE and the BSE.

The funds raised through this Issue, after meeting the expenditures of and related to the Issue, will be used for STFC’s various financing activities including lending and investments, for repaying the existing loans and for the business operations including capital expenditure and working capital requirements. 
  Shriram Transport Finance Company Ltd
  • India's largest player in commercial vehicle finance, established in the year 1979.
  • One of the largest asset financing NBFCs in India with a niche presence in financing pre-owned trucks and Small Truck Owners (STOs). 
  • Widespread network with a large customer base - Has a network of 488 branches and service centres 
  • Strategically expanded marketing and customer origination network by entering into partnership and co-financing arrangements with private financiers
  • High Credit Rating – “AA” by CRISIL & “AA-“ by CARE
Invitation to 2012 G-FAIR KOREA – Trade Fair & Expo in South Korea”


Welcome to 2012 G-FAIR KOREA

2012 G-FAIR KOREA, the largest trade fair for small and medium enterprises(SMEs) in Korea, attended 802 exhibitors last year, resulting
in sales meetings with some 36,000 buyers from within and outside the country. Presenting more than 1,000 exhibitors this year, the event is
expected to attract even more buyers. Since GFAIR is supported by the provincial government ofKorea, It offers a lot of benefits to Indian
buyers.

After the signing of the Comprehensive Economical Pact Agreement (CEPA) between India and Korea the custom duties of many Korean products
have been reduced allowing a competative edge for Korean products in India.

Korea, a tiny East Asian Country, is now the world’s seventh largest exporter. This growth is driven by new innovation in Korean companies, who here rapidly developed from ‘Fast Follower’ statues to leading edge technology, design and execution. You will find Korean products attractive in terms of not only pricing but also quality, design, functionality.

For any question, please do not hesitate to contact the GBC Mumbai or visit the official website of 2012 G-FAIR KOREA to view the exhibitors (http://www.gfair.or.kr/english.asp)


OVERVIEW 


  • Date: October 17th ~ 18th, 2012
  • Venue: KINTEX 2nd Exhibition Hall(6~10 Hall, 54,508㎡)
  • Main Exhibits: Electricals & Electronics, Machinery Components & Material,Living goods, Industrial Equipments, Agro-Fishery food products, Furniture & Textile products
  • Exhibitors: 1,000 Companies, (1,300 Booths)
  • Overseas participants: 500 Buyers from 26 Countries

 
 
BENEFITS FOR OVERSEAS PARTICIPANTS (Free services)

·         Pre-arranged 1:1 meetings with exhibitors and local companies
·         Complimentary Free Accommodation for 3 nights in 5 Star hotel with breakfast (October 16th~18th)
·         Complimentary Transportation (Airport Left-and-right arrow Hotel, October 16th and 18th)
·         Complimentary Interpreter for one-on-one meeting (October 17th and 18th)
·         Welcoming Luncheon (October 17th)


 2012 G-FAIR KOREA -  Application form
Company Name
Registration No.

Company address
Representative of Company
Company’s authority to communicate Name: Establishment year
Designation:
Details of participant traveling to Korea. Name:
Mr.(  ), Ms (  )
Date of Birth:
Designation:
Passport No.:
Language: English (   ), only Local language (  )
Vegetarian(   )  Non-Vegetarian (   )
Cell Phone:
Email:
Check-in:
Check-out:
Arrival Time & Flight No.:

Departure Time & Flight No.:
Company Web Site

Sales Amount
(USD)
USD
Telephone No. No of
Employee
Fax No.
Product
Detail

- Line of Your Business:


·Buying product Description :


·How is your product used, and who uses it?
Annual value of Import (US$) / Countries USD
Distribution Coverage
Preference to meet type of Counterpart
In Korea.
*Please write details

Import product details

- HS Code

- Image of Product
Please fiil out this column with detailed information about product.(more than half page)











--
Shubhangi Gurav
Team Event

Gyeonggi Business Center, Mumbai

Representive  Office of the Gyeonggi Province - Govt of Korea) 
411,Sagar Tech Plaza 'A' Wing,Nr. Saki Naka Jn., A.K.Rd.,
Andheri(E), Mumbai - 400 072( India)

Ph:+91 22 61437400 / Direct - 91 22  61437408
Fax:+91 22 61437410
E-mail: shubhangi.koreantrademeet@gmail.com
web : www.gsbc.or.kr

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