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Bhanix Finance and Investment Limited — Bonds

NBFC · Financial Services

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Methodology v1.0 Download Report (PDF) Watch
Agency Rating
BBB-
Rating on NSDL record (ICRA, 2025)
No current agency rating on file
Total Debt Outstanding
₹96 Cr
Across 21 instruments
Active Bonds
21
First Issue
7 Jan 2025
Latest Issue
5 Oct 2026
Maturity Range
2026 - 2027
Observation
21 active bonds tracked from this issuer.
View details →
Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies
Issuer health card Nothing flagged on record
  • Current ratings No current agency rating on file; NSDL's debt master records a rating for some bonds, often from the time of issue
  • Rating direction, 12 months No rating actions on file
  • Watch / negative outlook None in 12 months
  • Issuer not cooperating No such actions in 12 months
  • Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months
  • Payment record No payment disclosures since 17 Jul 2026
  • Defaults on record No bond marked defaulted
  • Traded in the last 30 days 4 of 21 active bonds had an exchange trade
  • Exchange filings, 90 days 0 filings on NSE/BSE

A checklist of published facts, not a rating or a view on credit quality. Ratings are the agencies' own; payment record covers NSE disclosures since 17 Jul 2026; "late" means paid more than 3 days after the due date (next-working-day payments are allowed). Rating range covers every current rating on the issuer's active bonds, with each agency's rating date. Rating actions count only when the agency's heading names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility. Rating age uses the newest rating date on file and is flagged when older than 12 months. See methodology.

Alert me about Bhanix Finance and Investment Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.
01 Issuer Overview
Sector
Financial Services
Issuer Type
NBFC
First Tracked Bond
7 Jan 2025
Start of this issuer's debt program timeline
  • 21 active bonds tracked from this issuer.
  • 19 of 19 tracked bonds with a stated security status are secured. (based on 19 bonds with a disclosed security status)

Bhanix Finance and Investment Limited is an NBFC in the Financial Services sector. Coupon rates on outstanding bonds range from 12.00% - 14.00%, paid monthly. Bonds mature between 2026 - 2027.

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
21
Tracked by RetailBonds
Amount Tracked
₹96 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt (disclosed for 19 of 21 bonds)
Avg Coupon
13.82%
Range 12.00% - 14.00%
Avg Remaining Tenure
0.6 Yrs
Nearest maturity Nov 2026
Secured
100%
19 of 19 bonds with known status
Callable
0
Of 21 bonds
Avg Spread vs G-Sec
+801 bps
Credit premium, from 4 bonds with a current market yield

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (20 bonds).

0 2026: 1 bond, ₹5 Cr tracked, avg coupon 14.00% 1 bond 2026 2027: 20 bonds, ₹91 Cr tracked, avg coupon 13.81% 20 bonds 2027

Security Type / Instrument Mix

  • NCD 21 bonds · 100% · ₹96 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2025: ₹18 Cr issued 2025 2026: ₹78 Cr issued 2026 Cumulative: ₹18 Cr Cumulative: ₹96 Cr

Based on 19 of 21 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.

03 Credit Profile
  • BBB 9 bonds · 43%
  • Unrated 12 bonds · 57%
AgencyRatingOutlookBonds
ICRA BBB- NSDL record — 7
ICRA BBB NSDL record — 2

Recent Rating Actions

No rating action history available.

04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade Details
INE08X507541 Bhanix Finance and Investment 14.00% Nov 2026 NCD 14.00% BBB (ICRA, NSDL record 2024) 2026-11-17 — 2026-09-10
INE08X507558 Bhanix Finance and Investment 14.00% Jan 2027 NCD 14.00% BBB (ICRA, NSDL record 2024) 2027-01-03 — —
INE08X507574 Bhanix Finance and Investment 14.00% Jan 2027 NCD 14.00% BBB- (ICRA, NSDL record 2025) 2027-01-20 — —
INE08X507566 Bhanix Finance and Investment 14.00% Feb 2027 NCD 14.00% — 2027-02-03 — —
INE08X507582 Bhanix Finance and Investment 14.00% Mar 2027 NCD 14.00% BBB- (ICRA, NSDL record 2025) 2027-03-03 — —
INE08X507590 Bhanix Finance and Investment 14.00% Mar 2027 NCD 14.00% — 2027-03-13 — —
INE08X507616 Bhanix Finance and Investment 14.00% Mar 2027 NCD 14.00% — 2027-03-27 — —
INE08X507608 Bhanix Finance and Investment 14.00% Apr 2027 NCD 14.00% — 2027-04-16 — —
INE08X507624 Bhanix Finance and Investment 14.00% Apr 2027 NCD 14.00% BBB- (ICRA, NSDL record 2025) 2027-04-18 — —
INE08X507632 Bhanix Finance and Investment 14.00% May 2027 NCD 14.00% BBB- (ICRA, NSDL record 2025) 2027-05-02 — —
INE08X507640 Bhanix Finance and Investment 14.00% Jun 2027 NCD 14.00% BBB- (ICRA, NSDL record 2025) 2027-06-07 — —
INE08X507657 Bhanix Finance and Investment 14.00% Jun 2027 NCD 14.00% — 2027-06-27 — —
INE08X507665 Bhanix Finance and Investment 14.00% Jul 2027 NCD 14.00% BBB- (ICRA, NSDL record 2025) 2027-07-03 — 2026-09-09
INE08X507673 Bhanix Finance and Investment 14.00% Aug 2027 NCD 14.00% BBB- (ICRA, NSDL record 2025) 2027-08-01 — 2026-09-07
INE08X507681 Bhanix Finance and Investment 14.00% Aug 2027 NCD 14.00% — 2027-08-04 14.93% 2026-11-06
INE08X507699 Bhanix Finance and Investment 14.00% Sep 2027 NCD 14.00% — 2027-09-04 — —
INE08X507707 Bhanix Finance and Investment 14.00% Oct 2027 NCD 14.00% — 2027-10-06 — —
INE08X507731 Bhanix Finance and Investment 12.00% Oct 2027 NCD 12.00% — 2027-10-07 14.93% 2026-11-06
INE08X507749 Bhanix Finance and Investment 12.25% Oct 2027 NCD 12.25% — 2027-10-11 — —
INE08X507715 Bhanix Finance and Investment 14.00% Nov 2027 NCD 14.00% — 2027-11-01 14.93% 2026-11-05
INE08X507723 Bhanix Finance and Investment 14.00% Nov 2027 NCD 14.00% — 2027-11-06 14.93% 2026-11-06
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YTM is the market yield from the latest BSE/NSE trade. It shows “—” when that trade is over 30 days old, the bond is under 30 days from maturity, it is a market-linked debenture, or the price failed our checks (hover the dash for the reason). A coupon is never shown as a yield.

05 Market Activity

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

BSE Traded Value (Last 30 Days)
—
Number of Trades (Last 30 Days)
29
Avg. Yield (Last 30 Days)
14.79%
06 Regulatory Filings

No regulatory filings captured yet for this issuer.

07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 9 2025-11-28
Rating Actions History 0 —
Secondary-Market Trades 85 2026-11-06
Reg52(4) Payment Disclosures 0 —

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

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Disclaimer: This page aggregates publicly available data about Bhanix Finance and Investment 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.