Shriram Capital Limited (SCL) is the overarching holding company for the Financial Services and Insurance entities of the Shriram Group. Established in 1974, with the primary objective of optimizing the synergies across the Group’s entities, Shriram Group is one of the most respected conglomerates in India with a predominant presence in financial services and has been serving the nation for 45 years. Headquartered in Chennai, the Group commenced operations in the business of Chit Funds but later diversified into the lending business through Shriram City Union Finance (SCUF) and Shriram Transport Finance (STFC). The other businesses include Life Insurance, General Insurance, Brokerage and Distribution of financial products and wealth advisory services.
The Group manages assets of over 100,000 crores and has been promoting Financial Inclusion of low-income families and small businesses. SCL and its operating entities, have an overall customer base in excess of 12 million, more than 77,000 employees across 3,850 offices.
The Group manages assets of over 100,000 crores and has been promoting Financial Inclusion of low-income families and small businesses. SCL and its operating entities, have an overall customer base in excess of 12 million, more than 77,000 employees across 3,850 offices.
Location: India, Tamil Nadu, Chennai
Employees: 10001+
Founded date: 1974
Investors 2
Date | Name | Website |
- | TPG | tpg.com |
- | Leapfrog I... | leapfrogin... |
Mentions in press and media 11
Date | Title | Description |
29.09.2024 | Shriram Life to focus on lower-sum policy sales & market share growth in underdeveloped states | Shriram Life Insurance Company Ltd said it would focus on selling more policies at lower premiums and expanding its market share in states where it currently holds less than 1 per cent . The company, a joint venture between Shriram Capital ... |
30.12.2022 | Shriram Finance secures $100 million loan from Asian Development Bank | Shriram Finance secures $100 million loan from Asian Development Bank 1 min read . Updated: 30 Dec 2022, 04:06 PM IST Livemint Premium Large NBFCs such as Shriram Transport Finance are relatively better off than the rest but may not be comp... |
30.12.2022 | Shriram Finance gets $100 mn funding from ADB for inclusive financing | Shriram Finance (SFL), India’s largest retail NBFC and a part of the Shriram Group, has secured a long-term funding of $100 million from the Asian Development Bank (ADB). The five-year external commercial borrowing (ECB) loan is under SFL’s... |
30.12.2022 | Shriram Finance gets $100 million loan from Asian Development Bank | Shriram Finance gets $100 million loan from Asian Development Bank 1 min read . Updated: 30 Dec 2022, 05:11 PM IST Saurav Anand Premium Shriram Finance gets $100 million loan from Asian Development Bank. (Photo: Getty Images/iStock) Proceed... |
30.12.2022 | Shriram Finance Secures $100 Mn Loan From Asian Development Bank | |
30.07.2021 | Shriram Pistons & Rings Limited announces an Equity Buyback for 350,000 shares, representing 1.56% for INR 357 million. | Shriram Pistons & Rings Limited (NSEI:SHRIPISTON) announces a share repurchase program. Under the program, the company will repurchase up to 350,000 shares, representing 1.56% of its issued share capital for INR 357 million. The shares ... |
30.10.2018 | Shriram Transport raises ₹300 cr from NCDs | Non-banking finance company (NBFC) Shriram Transport Finance (STFC) on Tuesday said its ₹-300-crore bond issuance got oversubscribed 2.23 times. The issue comprises three tenor bonds of three, five and ten years, offering a coupon in the ra... |
22.03.2018 | Shriram Transport raises ₹ 1,830 cr via bonds | Shriram Transport Finance Company today said it has raised ₹ 1,830 crore by issuing bonds on a private placement basis. The company said it has issued secured, redeemable non-convertible debentures on private placement basis for an issue si... |
18.09.2011 | Shiram Credit Receives $15M Equity Financing | Shiram Credit Co. Ltd., a Chennai, India-based firm that offers savings, insurance and investment products to underserved customers, has received a $15m equity financing. The investment was made by $135m social fund LeapFrog Investments, th... |
10.09.2011 | S. Africa's Sanlam to invest $275 m in Shriram Capital | South African insurance giant Sanlam has said it will spend almost 2 billion rand (about $275 million) in India to buy 26 per cent stake in financial services group Shriram. The Sanlam CEO, Mr Johan van Zyl, said at the company’s half-yearl... |
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