Asirvad Microfinance Limited

Corporate · Financial Services

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Methodology v1.0 Download Report (PDF)
Latest Rating
AA (CRISIL)
Total Debt Outstanding
₹675 Cr
Across 10 instruments
Listed Bonds
10
First Issue
2021-03-26
Latest Issue
2025-10-14
Maturity Range
2026 - 2030
Observation
10 active bonds tracked from this issuer.
View details →
Coverage: Medium Data Quality: Medium Sources: NSE, BSE, SEBI, rating agencies
01 Issuer Overview
Sector
Financial Services
Issuer Type
Corporate
First Tracked Bond
2021-03-26
Start of this issuer's debt program timeline
  • 10 active bonds tracked from this issuer.
  • 0 of 9 tracked bonds with a stated security status are secured. (based on 9 bonds with a disclosed security status)
  • Most recent rating action: other by CRISIL on 2026-08-12.

Operating in the financial services sector, Asirvad Microfinance Limited is classified as a corporate issuer. Bond coupons here span 8.55% - 11.25%, paid annual. The maturity ladder spans 2026 - 2030.

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

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02 Debt Profile
Outstanding Bonds
10
Tracked by RetailBonds
Amount Tracked
₹675 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt (disclosed for 9 of 10 bonds)
Avg Coupon
9.87%
Range 8.55% - 11.25%
Avg Remaining Tenure
1.9 Yrs
Nearest maturity 2026-09
Secured
0%
0 of 9 bonds with known status
Callable
0
Of 10 bonds
Avg Spread vs G-Sec
+453 bps
Credit premium (indicative)

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (5 bonds).

0 2026: 1 bond, avg coupon 10.45% 1 bond 2026 2027: 2 bonds, ₹150 Cr tracked, avg coupon 8.57% 2 bonds 2027 2028: 5 bonds, ₹375 Cr tracked, avg coupon 9.72% 5 bonds 2028 2029: 1 bond, ₹25 Cr tracked, avg coupon 11.25% 1 bond 2029 2030: 1 bond, ₹125 Cr tracked, avg coupon 11.25% 1 bond 2030

Security Type / Instrument Mix

  • NCD 10 bonds · 100% · ₹675 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2022: ₹150 Cr issued 2022 2023: ₹150 Cr issued 2023 2025: ₹375 Cr issued 2025 Cumulative: ₹150 Cr Cumulative: ₹300 Cr Cumulative: ₹675 Cr

Based on 9 of 10 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.

03 Credit Profile
  • AA 10 bonds · 100%
AgencyRatingOutlookBonds
CRISIL AA Stable 7
CRISIL AA 3

Recent Rating Actions

2026-08-12 · CRISIL
AA
Other
2026-07-10 · CRISIL
Other
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade
INE516Q07424 AMFL-10.45%-15-9-26-PVT 10.45% AA (CRISIL) 2026-09-15
INE516Q08463 AML-8.6%-19-9-27-PVT 8.60% AA (CRISIL) 2027-09-19
INE516Q08489 AML-8.55%-14-10-27-PVT 8.55% AA (CRISIL) 2027-10-14
INE516Q08448 AML-8.70%-12-08-28-PVT 8.70% AA (CRISIL) 2028-08-12
INE516Q08455 AML-8.7%-29-8-28-PVT 8.70% AA (CRISIL) 2028-08-29
INE516Q08471 AML-8.7%-19-9-28-PVT 8.70% AA (CRISIL) 2028-09-19
INE516Q08398 AML-11.25%-3-10-28-PVT 11.25% AA (CRISIL) 2028-10-03
INE516Q08406 AML-11.25%-25-11-28-PVT 11.25% AA (CRISIL) 2028-11-25
INE516Q08414 AML-11.25%-31-3-29-PVT 11.25% AA (CRISIL) 2029-03-31
INE516Q08430 AML-11.25%-7-7-30-PVT 11.25% AA (CRISIL) 2030-07-07
Compare (/) Compare Bonds

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

05 Market Activity

No recorded secondary-market trades in the last 30 days.

06 Regulatory Filings
Credit Rating Rationale
07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 10 2025-10-31
Rating Actions History 2 2026-08-12
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0

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

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Frequently Asked Questions
How many active bonds does Asirvad Microfinance Limited have?

Asirvad Microfinance Limited currently has 10 active bonds with coupons 8.55% - 11.25%, maturities spanning 2026 - 2030.

What is Asirvad Microfinance Limited's credit rating?

The most recent rating on Asirvad Microfinance Limited's bonds is AA (CRISIL), published by CRISIL.

Are Asirvad Microfinance Limited's bonds secured?

Of the 9 bonds with a disclosed security status, 0 are secured (0%) and 9 are unsecured.

When do Asirvad Microfinance Limited's bonds mature?

Asirvad Microfinance Limited's active bonds mature between 2026 - 2030; the nearest matures in 2026-09; the average tenure is 1.9 Yrs.

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

The average coupon across Asirvad Microfinance Limited's 10 active bonds is 9.87%.

Disclaimer: This page aggregates publicly available data about Asirvad Microfinance 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.