The issuer, Shriram Transport Finance Company Limited (STFC) is the flagship company of Shriram group

STFC is one of the largest asset financing non-banking finance companies in the organized sector in India that cater to first time buyers (FTB) and small road transport operators (SRTOs) for financing pre-owned commercial vehicles

They have a presence in financial services viz., commercial vehicle financing business, consumer finance, life and general insurance, stock broking, chit funds and distribution of financial products such as life and general insurance products and units of mutual funds

They were incorporated in the year 1979 and are registered as a Deposit taking NBFC with Reserve Bank of India under section 45IA of the Reserve Bank of India Act, 1934

The company was established in the year 1979 and by Dec 2020 had a network of 1,799 branches, service centers and other offices

They have Assets under Management (AUM) in excess of ₹114,932 crores (US $ 15.73 billion) as of Dec 2020, with more than 21 Lakh customers