Whether or not it is a good investment to put money into Shriram Transport (STF) would depend on a variety of factors. It’s important to assess the company’s financial status, the current economic landscape and market conditions, as well as your own individual financial goals.
For starters, STF’s current financial position is sound; its 2020 balance sheet shows a healthy balance between assets, liabilities and equity. The company has also seen steady growth over the past five years, with strong operating cash flow as well as a sufficient amount of liquidity.
Moreover, the current economic landscape also looks promising for investing in Shriram Transport. The Indian economy is set to rebound strongly this year, with GDP growth rates projected in the range of 10-12.
5%. This bodes well for a company in the transport sector, which stands to benefit from the expected increase in consumer spending.
Finally, the current market conditions for STF look positive too; the stock has consistently outperformed the Nifty50 index in the past year and is currently trading above its 10 year average. This suggests strong investor confidence in the company and its prospects in the future.
All in all, taking into account STF’s financial history, current economic conditions and market trends, investing in the company appears to be a favourable decision. Ultimately, however, only you know what investment is suitable for your financial goals.
Table of Contents
How safe is invest in Shriram City Union Finance?
Investing in Shriram City Union Finance is a very safe investment option. The company is one of India’s leading diversified non-banking financial companies (NBFCs) and has been in business for the past 30 years.
The company has an excellent track record and is currently well-capitalised with a CAR of 31. 1%. This means that Shriram City Union Finance has adequate capital to meet their credit and liquidity requirements, which helps ensure that their services remain safe and secure.
In addition, the company is a subsidiary of Shriram Transport Finance, which is a part of India’s well-established Shriram Group. This gives the company access to a large pool of resources and creates an environment of trust and reliability.
Moreover, the company is registered with the Reserve Bank of India, further adding to its safety features.
In terms of its operations and services, Shriram City Union Finance offers a variety of loan products, ranging from small business loans, affordable housing loans, vehicle loans, loans against property, and more.
All of these products are designed to meet the specific needs of customers. Furthermore, the company employs a team of highly trained professionals who are committed to providing the best customer service.
Overall, investing in Shriram City Union Finance is a very safe option for any investor. As a well-capitalised, reputable company with a proven track record, it is a reliable and secure place to invest your money.
Is it safe to open FD in Shriram Finance?
Shriram Finance is a highly reputed and well-established finance company in India and is eligible to offer fixed deposit schemes to its customers. FDs with Shriram Finance are safe and secure as the company is registered with the Reserve Bank of India and meets all the guidelines and regulations required to operate.
Moreover, Shriram Finance is part of the renowned Shriram Group and has created a great reputation over the years for providing reliable and quality financial services to its customers.
The returns on FDs provided by Shriram Finance are also high when compared to other companies and the company also offers additional services and facilities to customers such as auto renewal, nomination facility, quick withdrawals, loan against FDs and more.
Customer satisfaction is their top priority and they have a dedicated customer service team that provides personalized assistance to customers when needed. Therefore, it is safe and secure to open a fixed deposit in Shriram Finance.
Should I hold Shriram Properties?
It is ultimately up to you to decide whether or not to hold Shriram Properties. Before you make a decision, you should do some research to find out what experts are saying, analyze the financials of the company, and assess how the property market is performing in general.
Additionally, make sure you understand the risks associated with property investments and how to minimize them.
If available, evaluate the past performance of Shriram Properties, especially with regards to rental yields, capital gains, and market reputation. Consider similar properties in the same general location.
Check out the quality of the construction, its amenities, public transportation, and zoning laws. Look at the company’s track record, its financial condition, and debt status. Lastly, assess the overall condition of the real estate market to learn if now is a good time to invest.
Ultimately, by doing some research and considering all aspects of Shriram Properties, you can make an informed decision about whether or not to hold the property.
Is Shriram IPO worth buying?
Deciding whether or not to buy an IPO like Shriram is a personal decision and depends on one’s own financial situation and risk tolerance. It’s important to research the company thoroughly and be aware of the possible risks associated with investing in IPOs.
For example, short-term price volatility may be more prominent in the case of an IPO. Additionally, Shriram is being offered at a premium to its peers and is likely to be heavily oversubscribed, which means that many investors may not be able to participate.
Given all of the factors to consider before investing in an IPO like Shriram, it may be wise to be conservative and assess whether or not the company is a good long-term investment. For example, you should look at the company’s strategy, management team and financials, track record, and how its products/services compare to those of its competitors.
It’s also important to consider whether the offering price is attractive compared to the current market valuations of the company and its peers.
Ultimately, the decision of whether or not to buy Shriram IPO is one that should be made with careful consideration and research. Each investor should make an informed decision based on their own financial situation, comfort with risk taking, and assessment of the company’s long-term prospects.
Is Shriram Finance FD insured?
Yes, Shriram Finance FDs are insured. All deposits in Shriram Finance are insured under the Deposit Insurance & Credit Guarantee Corporation of India (DICGC). The DICGC is a subsidiary of the Reserve Bank of India and provides insurance cover to depositors up to a maximum of Rs.
1 lakh per depositor. This means that if the bank fails, you are eligible to receive the principal amount and the interest accrued on it, up to a maximum of Rs. 1 lakh. It is important to note that the interest accrued over the limit of Rs.
1 lakh is not covered by DICGC insurance. Also, the insurance coverage does not apply to joint accounts where the claim amount could exceed Rs 1 lakh.
Is Shriram City FD under RBI?
No, Shriram City FD is not under the Reserve Bank of India (RBI). Shriram City Union Finance Limited (SCUF) is the Non Banking Financial Company (NBFC) which issues Financial Deposits (FDs) under the Shriram City Brand.
The deposits are regulated by the Ministry of Corporate Affairs & Securities and Exchange Board of India (SEBI). Even though the deposits are not under the direct control of the RBI, the company is audited by the RBI approved auditors and the company is under the Registrar of Deposit Schemes, appointed by the government for the purpose of monitoring the non banking deposit taking companies.
Who is the owner of Shriram City?
The owner of Shriram City is Shriram Properties and Investment Co. Ltd. They are a leading real estate developer in India and are based in Bengaluru. Founded in 1996, their portfolio includes residential, commercial and retail projects across multiple cities in India.
Shriram City is one of their flagship projects, offering luxurious living and work spaces adorned with modern amenities. The trust and confidence that the customers have placed in Shriram City has helped them become one of the leading real estate development companies in the country.
This, along with their commitment to quality, design, and innovation makes them the ideal choice for anyone who wants to invest in real estate.
Is Shriram Transport is large cap?
No, Shriram Transport Finance Company Limited (SRTRANSFIN) is not a large cap stock. It is a non-banking finance company (NBFC) specialized in providing a range of financial services, including commercial and passenger vehicle finance, business loans and general insurance solutions.
Currently, SRTRANSFIN’s market capitalization is around INR 5,306 Crores, which is significantly lower than the minimum market capitalization required for inclusion in large cap stocks. Moreover, SRTRANSFIN’s return on equity (ROE) is relatively low and its stock has not perceived much of investor’s attention because of relatively low traded volumes.
Which is the largest commercial vehicle financing company in India which is under Shriram Group?
The largest commercial vehicle financing company in India which is under Shriram Group is Shriram Transport Finance Company Limited (STFC). STFC is the leading non-banking finance company in India that provides finance and related services to commercial vehicle owners and operators.
The company was one of the earliest to foray into transport finance and has more than 40 years of experience in this sector. STFC offers a wide range of financial services such as Truck loans, Lorry loans, Commercial vehicle loans, Infrastructure loans, and LCV loans for vehicles like cars, buses, three-wheelers, and other commercial vehicles.
STFC also provides other services such as Insurance and Warranty services, Fleet management services, Refinancing, Vehicle trade-in services, and numerous other customised services to its customers. STFC has a pan-India presence with more than 3800 branches spread across 2013 cities and 28 states.
With the use of advanced technology, a diverse product portfolio and strong presence, STFC has grown to be the largest commercial vehicle financing company in India.
Is Shriram Finance a good company?
Shriram Finance is a good company. It was rated one of India’s leading non-banking financial companies (NBFCs) in 2020 by Dun & Bradstreet. Shriram Finance offers a range of financial products designed to meet the needs of its customers such as Consumer loans, SME loans, Commercial assets & term loans, Vehicle finance, Rural finance, Mortgage & Pre-owned assets loans and other retail finance.
Shriram Finance prides itself on its commitment to customer service and operates with a flat organizational structure. This gives the organization’s customers access to knowledgeable and experienced employees from the top level to the lowest.
Shriram Finance also has strong relationships with various banks and other financial players, which allows them to provide a wide range of customized products.
Shriram Finance also has a sound track record of financial inclusion and gaining the trust of rural population. It has been successful in providing financial literacy and ensuring that small and marginal farmers receive large loans with flexible terms.
This has enabled them to increase their profitability.
Overall, Shriram Finance is a good company and its financial services are highly reliable, making it an attractive option for customers.
How many companies are there in Shriram Group?
The Shriram Group is a diversified conglomerate with businesses spanning across several sectors including financial services, insurance, retail, automotive, capital markets, manufacturing, investments, and many others.
There are 80 companies in the Shriram Group, including 63 wholly-owned subsidiaries, 14 associate companies, as well as three private limited companies, with over 685 branches, 785 service centers and 5,800 touchpoints across India.
The companies in the Shriram Group come under four distinct umbrellas which include Shriram Transport Finance Company Ltd, Shriram Life Insurance Company Ltd, Shriram Automall India Limited, and Shriram City Union Finance Ltd.
Each of these companies is focused on the customer and provides innovative customer-centric products, services and solutions. The Group also has investments in Chola Investment and Finance Company Ltd, Chola MS General Insurance Company Ltd, Cholamandalam Distribution Services Ltd, and Shriram Eco-Systems Ltd.
The Group’s vision is to be the most successful, respected and admired company with the utmost customer focus and social responsibility.
What is Shriram Ownership Trust?
Shriram Ownership Trust (SOT) is an initiative that seeks to democratize ownership among Indian households and democratize profit-making capabilities for India’s non-corporate unorganized sector and small business owners.
Through SOT, India’s 70 crore non-corporate unorganized sector and SME owners will be enabled to access a broad range of funding and ownership solutions, providing them with the tools they need to unlock their potential and build a better future.
Through this initiative, they can use the government, financial sector, and the private sector to create progress and wealth, taking the best of each world and combining it into one. The primary goal of SOT is to expand the pool of wealth in the country by increasing the ownership stake of people working in the informal sector, allowing them to be part of the decision-making and growth of the country.
SOT helps people better access finance, enables greater financial inclusion, increases transparency, fosters entrepreneurship, and improves overall economic security.
Is Shriram Properties debt free?
No, Shriram Properties is not currently debt free. It has a debt of Rs 1,915 crore on its books, which it raised through two debt funds – a Rs 910 crore loan from the state-run Institute for Microfinance and Infrastructure Development (IMID) and an additional Rs 505 crore from HUDCO.
Shriram has also raised Rs 500 crore from private equity funds. This is on top of the Rs 8,000 crore it has raised through the capital markets. It is expected that these funds will be used to finance its upcoming projects and pay off existing debts.
Is Shriram property profitable?
The answer to this question largely depends on the type of property you’re investing in, as well as the current market conditions. Generally speaking, investing in real estate can be a profitable endeavor, as it allows you to benefit from appreciation of the property over time and generate a passive income when you rent it out.
With Shriram properties, you have the added benefit of choosing from a wide variety of properties in prime locations, so you’re more likely to find a property that can generate a strong return on your investment.
Additionally, the company offers some of the best financing options in the business, making it easier for people to invest in quality real estate. Overall, investing in Shriram properties can be a great way to potentially turn a profit and build long-term wealth.
