Finkurve Financial Services Limited

Nbfc · Financial Services

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Methodology v1.0 Download Report (PDF)
Latest Rating
BBB+ (CARE)
Total Debt Outstanding
₹524 Cr
Across 13 instruments
Listed Bonds
13
First Issue
2022-05-19
Latest Issue
2026-06-29
Maturity Range
2027 - 2031
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
2022-05-19
Start of this issuer's debt program timeline
  • 13 active bonds tracked from this issuer.
  • 13 of 13 tracked bonds with a stated security status are secured. (based on 13 bonds with a disclosed security status)

Finkurve Financial Services Limited is an NBFC in the financial services sector. Coupon rates on outstanding bonds range from 10.00% - 12.00%, paid quarterly. Bonds mature between 2027 - 2031.

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
₹524 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt (disclosed for 12 of 13 bonds)
Avg Coupon
11.37%
Range 10.00% - 12.00%
Avg Remaining Tenure
1.9 Yrs
Nearest maturity 2027-07
Secured
100%
13 of 13 bonds with known status
Callable
0
Of 13 bonds
Avg Spread vs G-Sec
+610 bps
Credit premium (indicative)

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (6 bonds).

0 2027: 6 bonds, ₹189 Cr tracked, avg coupon 11.44% 6 bonds 2027 2028: 5 bonds, ₹304 Cr tracked, avg coupon 11.53% 5 bonds 2028 2029: 1 bond, ₹24 Cr tracked, avg coupon 11.55% 1 bond 2029 2031: 1 bond, ₹8 Cr tracked, avg coupon 10.00% 1 bond 2031

Security Type / Instrument Mix

  • NCD 13 bonds · 100% · ₹524 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2022: ₹8 Cr issued 2022 2024: ₹49 Cr issued 2024 2025: ₹134 Cr issued 2025 2026: ₹334 Cr issued 2026 Cumulative: ₹8 Cr Cumulative: ₹56 Cr Cumulative: ₹190 Cr Cumulative: ₹524 Cr

Based on 12 of 13 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.

Financial Snapshot

FY26 vs FY25
Debt / Equity
0.02
Prior: 0.01
Debt Service Coverage (DSCR)
0.01
Prior: 0.01
Interest Service Coverage (ISCR)
0.02
Prior: 0.02
Revenue from Operations
₹207.22 Cr
Prior: ₹87.93 Cr
Net Profit / Loss
₹26.03 Cr
Prior: ₹11.01 Cr
Profit Before Tax
₹34.60 Cr
Prior: ₹14.23 Cr

As filed under SEBI LODR Reg 52(4) / Integrated Filing, filed 11 Jul 2026. Figures are reported facts, not a rating or recommendation.

03 Credit Profile
  • BBB 11 bonds · 85%
  • Unrated 2 bonds · 15%
AgencyRatingOutlookBonds
CRISIL BBB Stable 6
CARE BBB+ 3
CRISIL BBB 2
INFOMERICS BBB 1

Recent Rating Actions

No rating action history available.

04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade
INE734I07065 FFSL-11.16-07-07-27-PVT 11.16% BBB (CRISIL) 2027-07-07
INE734I07073 FFSL-11.16%-12-11-27-PVT 11.16% BBB (CRISIL) 2027-11-12
INE734I07040 FFSL-11.15%-25-11-27-PVT 11.15% BBB (CRISIL) 2027-11-25
INE734I07024 FFSL-12%-18-12-27-PVT 12.00% BBB (CRISIL) 2027-12-18 11.91% 2026-07-02
IN8734I07015 12% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 18/12/2027 12.00% 2027-12-18
INE734I07099 FFS-11.16%-26-12-27-PVT 11.16% BBB (CRISIL) 2027-12-26
INE734I07081 FFSL-12%-26-2-28-PVT 12.00% BBB (CRISIL) 2028-02-26
INE734I07115 11.33% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 16/06/2028 11.33% BBB+ (CARE) 2028-06-16 12.13% 2026-08-25
INE734I07032 FFSL-11.75%-13-8-28-CP 11.75% BBB (CRISIL) 2028-08-13 11.79% 2026-08-11
INE734I07107 11.33% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 13/08/2028 11.33% BBB+ (CARE) 2028-08-13 11.89% 2026-07-02
INE734I07057 FFSL-11.25%-25-11-28-PVT 11.25% BBB (CRISIL) 2028-11-25 12.00% 2026-07-23
INE734I07123 11.55% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE TRANCHE I DATE OF MATURITY 17/04/2029 11.55% BBB+ (CARE) 2029-04-17
INE734I07016 10.00% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 01 TRANCHE 01. DATE OF MATURITY 12/08/2031. 10.00% 2031-08-12
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

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

Traded Value (Last 30 Days)
₹0.0 Cr
Number of Trades (Last 30 Days)
29
Avg. Yield (Last 30 Days)
11.98%
06 Regulatory Filings
NSE Corporate Announcements
Updates 2026-07-11
Updates 2026-07-08
Updates 2026-07-07
Updates 2026-07-01
Updates 2026-06-30
Updates 2026-06-29
Trading Window 2026-06-19
07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 12 2026-06-11
Rating Actions History 0
Secondary-Market Trades 66 2026-08-27
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 Finkurve Financial Services Limited have?

Finkurve Financial Services Limited currently has 13 active bonds with coupons 10.00% - 12.00%, maturities spanning 2027 - 2031.

What is Finkurve Financial Services Limited's credit rating?

The most recent rating on Finkurve Financial Services Limited's bonds is BBB+ (CARE), published by CARE, CRISIL, INFOMERICS.

Are Finkurve Financial Services Limited's bonds secured?

Of the 13 bonds with a disclosed security status, 13 are secured (100%) and 0 are unsecured.

When do Finkurve Financial Services Limited's bonds mature?

Finkurve Financial Services Limited's active bonds mature between 2027 - 2031; the nearest matures in 2027-07; the average tenure is 1.9 Yrs.

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

The average coupon across Finkurve Financial Services Limited's 13 active bonds is 11.37%.

Disclaimer: This page aggregates publicly available data about Finkurve 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.