Shriram Group Shares

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Shriram Group Stocks

About Shriram Group of Companies

The Shriram Group, headquartered in Chennai, is one of India's leading financial services conglomerates. Established on 5 April 1974 by R. Thyagarajan, AVS Raja, and T. Jayaraman, the Group began its journey with chit fund operations and later expanded into lending and insurance businesses. Over the years, Shriram Group has been instrumental in empowering the common man financially, emerging as a prominent name in the financial sector.

Shriram Group's core strength lies in financial services, particularly as pioneers in truck financing and the chit fund business. Its flagship company, Shriram Finance, provides a range of financial services, including commercial and passenger vehicle finance, SME finance, and retail lending, such as personal loans, gold loans, and two-wheeler loans. Shriram Finance was formed in 2022 following the merger of Shriram City Union Finance and Shriram Capital into Shriram Transport Finance.

The Group has also established a strong presence in the housing finance sector through Shriram Housing Finance, which specializes in home loan services. In addition, Shriram Group has ventured into the insurance business through a joint venture with Sanlam, a leading South African insurer. This collaboration has led to the formation of Shriram Life Insurance, providing life insurance solutions since December 2005, and Shriram General Insurance, offering non-life insurance products since July 2008.

Other businesses under the Shriram Group include Shriram Properties, focusing on mid-income housing projects in South India, Shriram Automall, a vehicle auction platform, Shriram Wealth for wealth management advisory, Shriram AMC for mutual funds, and Shriram Insight as a retail stockbroker.

Under the leadership of founder R. Thyagarajan, who was awarded the Padma Bhushan in 2013, the Group adheres to the philosophy of “People First.” With over 64,000 employees, more than 3,200 branches, and an asset under management (AUM) of ₹1.2 lakh crore, the Shriram Group continues to serve its mission of financial empowerment and remains a significant player in India’s financial landscape.

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