Asirvad Micro Finance Limited

Nbfc · Financial Services

Verify this issuer →
Methodology v1.0 Download Report (PDF)
Latest Rating
AA- (CARE)
Total Debt Outstanding
₹630 Cr
Across 8 instruments
Listed Bonds
8
First Issue
2021-12-31
Latest Issue
2026-06-02
Maturity Range
2027 - 2033
Observation
8 active bonds tracked from this issuer.
View details →
Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies
01 Issuer Overview
Sector
Financial Services
Issuer Type
Nbfc
First Tracked Bond
2021-12-31
Start of this issuer's debt program timeline
  • 8 active bonds tracked from this issuer.
  • 2 of 8 tracked bonds with a stated security status are secured. (based on 8 bonds with a disclosed security status)
  • Most recent rating action: reaffirm by CRISIL on 2026-06-30.

Asirvad Micro Finance Limited is an NBFC in the financial services sector. Coupon rates on outstanding bonds range from 8.55% - 13.50%, paid annual. Bonds mature between 2027 - 2033.

Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.

Thanks — your suggestion has been submitted for review.

02 Debt Profile
Outstanding Bonds
8
Tracked by RetailBonds
Amount Tracked
₹630 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt (disclosed for 6 of 8 bonds)
Avg Coupon
10.56%
Range 8.55% - 13.50%
Avg Remaining Tenure
2.3 Yrs
Nearest maturity 2027-05
Secured
25%
2 of 8 bonds with known status
Callable
0
Of 8 bonds
Avg Spread vs G-Sec
+414 bps
Credit premium (indicative)

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (3 bonds).

0 2027: 3 bonds, ₹105 Cr tracked, avg coupon 11.85% 3 bonds 2027 2028: 3 bonds, ₹225 Cr tracked, avg coupon 8.97% 3 bonds 2028 2029: 1 bond, ₹150 Cr tracked, avg coupon 11.25% 1 bond 2029 2033: 1 bond, ₹150 Cr tracked, avg coupon 10.75% 1 bond 2033

Security Type / Instrument Mix

  • NCD 8 bonds · 100% · ₹630 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2021: ₹50 Cr issued 2021 2022: ₹55 Cr issued 2022 2023: ₹150 Cr issued 2023 2026: ₹375 Cr issued 2026 Cumulative: ₹50 Cr Cumulative: ₹105 Cr Cumulative: ₹255 Cr Cumulative: ₹630 Cr

Based on 6 of 8 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.

03 Credit Profile
  • AA 6 bonds · 75%
  • Unrated 2 bonds · 25%
AgencyRatingOutlookBonds
CRISIL AA- 5
CARE AA- 1

Recent Rating Actions

2026-06-30 · CRISIL
B
Reaffirmed · Stable
04 Outstanding Bonds View all bonds →

YTM and Last Trade depend on secondary-market volume — shown only for bonds with a recorded BSE/NSE trade.

05 Market Activity

Last 30 days, across all outstanding bonds from this issuer.

Traded Value (Last 30 Days)
₹0.0 Cr
Number of Trades (Last 30 Days)
31
Avg. Yield (Last 30 Days)
9.9%
06 Regulatory Filings
Credit Rating Rationale
07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 6 2026-05-14
Rating Actions History 1 2026-06-30
Secondary-Market Trades 73 2026-08-27
Reg52(4) Payment Disclosures 0

Methodology version 1.0. See full methodology for sources and limitations.

Related Issuers

All issuers →
Frequently Asked Questions
How many active bonds does Asirvad Micro Finance Limited have?

Asirvad Micro Finance Limited currently has 8 active bonds with coupons 8.55% - 13.50%, maturities spanning 2027 - 2033.

What is Asirvad Micro Finance Limited's credit rating?

The most recent rating on Asirvad Micro Finance Limited's bonds is AA- (CARE), published by CARE, CRISIL.

Are Asirvad Micro Finance Limited's bonds secured?

Of the 8 bonds with a disclosed security status, 2 are secured (25%) and 6 are unsecured.

When do Asirvad Micro Finance Limited's bonds mature?

Asirvad Micro Finance Limited's active bonds mature between 2027 - 2033; the nearest matures in 2027-05; the average tenure is 2.3 Yrs.

What is the average coupon on Asirvad Micro Finance Limited's bonds?

The average coupon across Asirvad Micro Finance Limited's 8 active bonds is 10.56%.

Disclaimer: This page aggregates publicly available data about Asirvad Micro Finance Limited for informational purposes only. Ratings shown are the opinion of the issuing rating agency and are not buy/sell recommendations. RetailBonds.in does not issue its own ratings or investment advice. Verify all data against the issuer’s offer document before transacting.