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Our Journey

Explore milestones that have made us what we are today!

Our journey has seen us making several innovations while we stood at the very edge of Organized Finance. The Banks and Institutions were guided by the Economist’s vision; the Small Truck Owners who always fell on their blind side was given the miss.

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2019

2018

2017

2015

2013

2011

2010

2009

2005-06

2002-04

1999

1990

1984

1979

2019

  • Raised $500 million on through offshore bonds.
  • Within months, global investors reposed faith on the company showing the company’s robust credit fundamentals

2018

  • AUM crosses Rs. 1000 billion

2017

  • Successfully raised Rs. 13.5 billion through issuance of ‘Masala Bonds’Senior Secured Rupee Denominated Bonds’ listed on Singapore Stock Exchange

2015

  • India Ratings & Research Long- Term Rating upgraded to IND ‘AA+’
  • CRISIL upgraded long-term debt rating to ‘CRISIL AA+/FAAA/Stable’

2013

  • AUM crosses Rs. 500 billion

2011

  • Introduced Shriram Automalls – a dedicated platform for trading of preowned trucks at a fair value

2010

  • Securitised Rs. 87.57 billion during FY 2010.
  • Successfully raised Rs. 5.84 billion through QIP with domestic & international investors. Initiated financing of construction equipment

2009

  • Successfully placed Rs.10 billion of NCD with domestic investors
  • 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 billion

2005-06

  • Investment from ChrysCapital
  • Investment from TPG
  • Merger of Shriram Investment Ltd. and Shriram Overseas Finance Ltd. with STFC; PAT crosses Rs. 1,000 million

2002-04

  • Preferential Allotment to Citicorp Finance(India)
  • Preferential Allotment to Axis Bank and Reliance Capital

1999

  • Tied up with Citicorp for CV financing under Portfolio Management Services (PMS)
  • The 1st securitization transaction by STFC

1990

  • Investment from Telco & Ashok Leyland

1984

  • Initial Public Offering

1979

  • STFC was established