Shriram Finance Ltd

Showing SHRIRAMFIN
Past performance
Performance overview
Shriram Finance Ltd
About Shriram Finance Ltd Shriram Finance Limited, previously known as Shriram Transport Finance Company Limited, is a major player in India's financial services sector, under the flagship of Shriram Group. Established in 1978, the company specializes in financing a diverse range of sectors including commercial vehicles, passenger vehicles, construction and farm equipment, and MSMEs. It is particularly renowned for its role in organized financing of pre-owned commercial vehicles and two-wheelers. Over the years, Shriram Finance has expanded its operations through strategic acquisitions, amalgamations, and partnerships, such as the merger with Shriram City Union Finance and the partnership with CarTrade to enhance its used vehicle platform. The company's asset under management (AUM) has shown consistent growth, reaching Rs. 109,749.24 crore in FY 2020. It has a strong distribution network with 1,758 branches nationwide as of 2020. Shriram Finance also engages in securitization of its assets, raising significant capital through non-convertible debentures and equity placements. The company’s focus on niche markets, effective credit appraisal systems, and geographic expansion have contributed to its robust growth and profitability in the financial sector.
Website stfc.in
Founded 1979
Headquarters Chennai