Avanse Financial Services Limited

Nbfc · Financial Services

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Methodology v1.0 Download Report (PDF)
Latest Rating
AA (CRISIL)
Total Debt Outstanding
₹2,500 Cr
Across 13 instruments
Listed Bonds
13
First Issue
2017-06-30
Latest Issue
2025-07-24
Maturity Range
2026 - 2028
Observation
13 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
2017-06-30
Start of this issuer's debt program timeline
  • 13 active bonds tracked from this issuer.
  • 11 of 13 tracked bonds with a stated security status are secured. (based on 13 bonds with a disclosed security status)
  • Most recent rating action: other by CRISIL on 2026-07-10.

Avanse Financial Services Limited is an NBFC in the financial services sector. Coupon rates on outstanding bonds range from 8.90% - 9.60%, paid annual. Bonds mature between 2026 - 2028.

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
13
Tracked by RetailBonds
Amount Tracked
₹2,500 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
9.36%
Range 8.90% - 9.60%
Avg Remaining Tenure
1.2 Yrs
Nearest maturity 2026-09
Secured
84%
11 of 13 bonds with known status
Callable
0
Of 13 bonds
Avg Spread vs G-Sec
+389 bps
Credit premium (indicative)

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (9 bonds).

0 2026: 1 bond, ₹250 Cr tracked, avg coupon 9.40% 1 bond 2026 2027: 9 bonds, ₹1,950 Cr tracked, avg coupon 9.37% 9 bonds 2027 2028: 3 bonds, ₹300 Cr tracked, avg coupon 9.32% 3 bonds 2028

Security Type / Instrument Mix

  • NCD 13 bonds · 100% · ₹2,500 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2017: ₹50 Cr issued 2017 2023: ₹350 Cr issued 2023 2024: ₹1,900 Cr issued 2024 2025: ₹200 Cr issued 2025 Cumulative: ₹50 Cr Cumulative: ₹400 Cr Cumulative: ₹2,300 Cr Cumulative: ₹2,500 Cr

Based on 13 of 13 active bonds with a known issue date and issue size.

03 Credit Profile
  • AA 13 bonds · 100%
AgencyRatingOutlookBonds
CRISIL AA Stable 5
CARE AA Stable 3
CRISIL AA 3
BRICKWORK AA+ 1
CARE AA 1

Recent Rating Actions

2026-07-10 · CRISIL
Other
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade
INE087P07360 AFSL-9.40%-8-9-26-PVT 9.40% AA (CARE) 2026-09-08
INE087P07428 AFSL-9.4%-16-4-27-PVT 9.40% AA (CRISIL) 2027-04-16
INE087P07451 AVFSL-9.60%-30-4-27-PVT 9.60% AA (CRISIL) 2027-04-30 9.07% 2026-06-25
INE087P08020 AFSL-9.50%-30-6-27-PVT 9.50% AA (CARE) 2027-06-30
INE087P07485 AFSL-8.9%-10-9-27-PVT 8.90% AA (CRISIL) 2027-09-10
INE087P07402 AFSL-9.40%-27-9-27-PVT 9.40% AA (CARE) 2027-09-27
INE087P07410 AVFSL-9.40%-7-10-27-PVT 9.40% AA (CRISIL) 2027-10-07
INE087P07444 AFSL-9.4%-22-10-27-PVT 9.40% AA (CRISIL) 2027-10-22
INE087P07469 AVFSL-9.4%-29-10-27-PVT 9.40% AA (CRISIL) 2027-10-29
INE087P08038 AFSL-9.35%-27-12-27-PVT 9.35% AA+ (BRICKWORK) 2027-12-27
INE087P07477 AFSL-9%-24-7-28-PVT 9.00% AA (CRISIL) 2028-07-24
INE087P07352 AFSL-9.40%-28-7-28-PVT 9.40% AA (CARE) 2028-07-28
INE087P07436 AFSL-9.564%-16-10-28-PVT 9.56% AA (CRISIL) 2028-10-16
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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) 13 2025-07-31
Rating Actions History 1 2026-07-10
Secondary-Market Trades 1 2026-06-25
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 Avanse Financial Services Limited have?

Avanse Financial Services Limited currently has 13 active bonds with coupons 8.90% - 9.60%, maturities spanning 2026 - 2028.

What is Avanse Financial Services Limited's credit rating?

The most recent rating on Avanse Financial Services Limited's bonds is AA (CRISIL), published by BRICKWORK, CARE, CRISIL.

Are Avanse Financial Services Limited's bonds secured?

Of the 13 bonds with a disclosed security status, 11 are secured (84%) and 2 are unsecured.

When do Avanse Financial Services Limited's bonds mature?

Avanse Financial Services Limited's active bonds mature between 2026 - 2028; the nearest matures in 2026-09; the average tenure is 1.2 Yrs.

What is the average coupon on Avanse Financial Services Limited's bonds?

The average coupon across Avanse Financial Services Limited's 13 active bonds is 9.36%.

Disclaimer: This page aggregates publicly available data about Avanse Financial Services 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.