
Asirvad Micro Finance Private Limited - INE516Q08331
Corporate Bond
Private Issue
Corporate Bond
Private Issue
Yield to Maturity
Up to 9.50%
Coupon Rate
11.90%
Maturity Date
26 Jun 2026
Min Investment
₹1,01,271.38
ISIN
INE516Q08331
Face Value
₹1,00,000
Price Per Unit
₹1,01,271.38
About Issuer
This AA- rated bond from Asirvad Micro Finance Private Limited, a NBFC, offers a Fixed coupon of 11.9% with maturity on 26 June 2026. Issued through the Private placement as under ISIN INE516Q08331, this bond ensures strong credit quality with minimal default risk, making it a dependable option for investors seeking better returns than traditional fixed deposits, without taking on significant risk. Ideal for investors who want stable returns with high credit assurance, while benefiting from a superior yield in a short-to-medium term horizon.
Key Attributes
Rating
CRISIL AA- (Stable)
Tax Status
Taxable
Mode of Issue
Public
Private
Nature of Instrument
Listed
Unlisted
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Monthly
Principal Frequency
At Maturity
Coupon Type
Fixed
Sector
NBFC
Total Issue Size
100.00 Cr
Allotment Date
26 Mar 2021
Remaining Tenure
6M
Settlement Date
18 Dec 2025
Debenture Trustee
IDBI Trusteeship
Security Name
ASIRVAD MICRO FINANCE LIMITED 11.90 NCD 26JU26 FVRS1LAC
Risk Assessment
Credit Rating
Rating
CRISIL AA- (Stable)
Date of Rating
16 Jan 2025
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