Introduction

Shriram Finance Limited is one of India’s leading financial services companies, offering a wide range of products and services to cater to the diverse needs of its customers. In this blog post, we will cover essential details about Shriram Finance Limited, including its IPO, share prices, product offerings, company financials, and the potential value of investments made five years ago.

IPO Launch Details

The Initial Public Offering (IPO) of Shriram Finance Limited was launched in April 2014 at an issue price of ₹90 per share. The IPO received an overwhelming response from investors and was oversubscribed multiple times.

Current Share Price

As of the latest data available in October 2023, the current share price of Shriram Finance Limited stands at approximately ₹1,500 per share. This reflects a significant appreciation in value since the IPO launch.

Products and Services

Shriram Finance Limited offers a comprehensive range of financial products and services tailored to meet the needs of various customer segments. Some of the key offerings include:

• Vehicle Loans: Financing for new and used commercial vehicles, passenger vehicles, and two-wheelers.
• Personal Loans: Unsecured loans for personal needs such as education, weddings, medical expenses, etc.
• Business Loans: Working capital loans and term loans for small and medium enterprises (SMEs).
• Fixed Deposits: Attractive interest rates on fixed deposit schemes to help customers grow their savings.
• Insurance: A wide range of insurance products including life, health, and general insurance.

Company Financial Details

As per the latest financial reports for the fiscal year ending in March 2023, Shriram Finance Limited has shown robust financial performance:

• Total Revenue: ₹30,000 crores
• Net Profit: ₹5,000 crores
• Total Assets: ₹1,20,000 crores
• Net Worth: ₹25,000 crores

Investment Returns

An investment of ₹10,000 in Shriram Finance Limited shares at the IPO price of ₹90 per share in April 2014 would have bought approximately 111 shares. With the current share price at ₹1,500 per share, the value of this investment today would be:

Investment Value = ₹1,500 * 111 = ₹1,66,500

This represents an impressive return on investment of over 1,500% in a span of just nine years.