Hero Housing Finance Limited

Nbfc · Real Estate

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Methodology v1.0 Download Report (PDF)
Latest Rating
AA+ (ICRA)
Total Debt Outstanding
₹1,000 Cr
Across 9 instruments
Listed Bonds
9
First Issue
2018-12-28
Latest Issue
2025-04-29
Maturity Range
2027 - 2033
Observation
9 active bonds tracked from this issuer.
View details →
Coverage: Medium Data Quality: Medium Sources: NSE, BSE, SEBI, rating agencies
01 Issuer Overview
Sector
Real Estate
Issuer Type
Nbfc
First Tracked Bond
2018-12-28
Start of this issuer's debt program timeline
  • 9 active bonds tracked from this issuer.
  • 6 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 2026-06-30.

Operating in the real estate sector, Hero Housing Finance Limited is classified as an NBFC. Bond coupons here span 7.85% - 9.50%, paid annual. The maturity ladder spans 2027 - 2033.

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
9
Tracked by RetailBonds
Amount Tracked
₹1,000 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
8.56%
Range 7.85% - 9.50%
Avg Remaining Tenure
3.2 Yrs
Nearest maturity 2027-04
Secured
66%
6 of 9 bonds with known status
Callable
1
Of 9 bonds
Avg Spread vs G-Sec
+258 bps
Credit premium (indicative)

Maturity Profile

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

0 2027: 3 bonds, ₹300 Cr tracked, avg coupon 8.38% 3 bonds 2027 2028: 1 bond, ₹100 Cr tracked, avg coupon 9.50% 1 bond 2028 2029: 1 bond, ₹100 Cr tracked, avg coupon 8.62% 1 bond 2029 2030: 1 bond, ₹250 Cr tracked, avg coupon 8.65% 1 bond 2030 2031: 1 bond, ₹125 Cr tracked, avg coupon 7.85% 1 bond 2031 2032: 1 bond, ₹100 Cr tracked, avg coupon 8.75% 1 bond 2032 2033: 1 bond, ₹25 Cr tracked, avg coupon 8.50% 1 bond 2033

Security Type / Instrument Mix

  • NCD 9 bonds · 100% · ₹1,000 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2018: ₹100 Cr issued 2018 2021: ₹125 Cr issued 2021 2022: ₹100 Cr issued 2022 2023: ₹25 Cr issued 2023 2024: ₹100 Cr issued 2024 2025: ₹550 Cr issued 2025 Cumulative: ₹100 Cr Cumulative: ₹225 Cr Cumulative: ₹325 Cr Cumulative: ₹350 Cr Cumulative: ₹450 Cr Cumulative: ₹1,000 Cr

Based on 9 of 9 active bonds with a known issue date and issue size.

03 Credit Profile
  • AA 9 bonds · 100%
AgencyRatingOutlookBonds
CRISIL AA+ 6
ICRA AA+ 3

Recent Rating Actions

2026-06-30 · CRISIL
Other
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade
INE800X07105 8.32% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES HHFL/NCD/011 OPTION-I DATE OF MATURITY 29/04/2027 8.32% AA+ (ICRA) 2027-04-29
INE800X07071 8.50% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 10 OPTION II DATE OF MATURITY 28/05/2027 8.50% AA+ (CRISIL) 2027-05-28
INE800X07097 8.32% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES HHFL/NCD/011 OPTION II DATE OF MATURITY 30/08/2027 8.32% AA+ (ICRA) 2027-08-30
INE800X08012 9.50% UNSECURED RATED LISTED NON CONVERTIBLE DEBENTURE SERIES HFCL/NCD/01. MATURITY DATE - 28/12/2028 9.50% AA+ (CRISIL) 2028-12-28
INE800X07063 8.62% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES SERIES HHFL/NCD/009 DATE OF MATURITY 16/07/2029. 8.62% AA+ (CRISIL) 2029-07-16
INE800X07089 8.65% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 10 OPTION I DATE OF MATURITY 27/03/2030 8.65% AA+ (CRISIL) 2030-03-27
INE800X08020 7.85% UNSECURED LISTED RATED SUBORDINATED REDEEMABLE NON CONVERTIBLE DEBENTURES. HHFL/NCD/04. DATE OF MATURITY 05/03/2031 7.85% AA+ (CRISIL) 2031-03-05
INE800X08038 8.75% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES HHFLNCD007 DATE OF MATURITY 25/11/2032 8.75% AA+ (ICRA) 2032-11-25
INE800X07055 8.5% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES HHFLNCD008 DATE OF MATURITY 15/02/2033 8.50% AA+ (CRISIL) 2033-02-15
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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) 9 2025-04-04
Rating Actions History 1 2026-06-30
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 Hero Housing Finance Limited have?

Hero Housing Finance Limited currently has 9 active bonds with coupons 7.85% - 9.50%, maturities spanning 2027 - 2033.

What is Hero Housing Finance Limited's credit rating?

The most recent rating on Hero Housing Finance Limited's bonds is AA+ (ICRA), published by CRISIL, ICRA.

Are Hero Housing Finance Limited's bonds secured?

Of the 9 bonds with a disclosed security status, 6 are secured (66%) and 3 are unsecured.

When do Hero Housing Finance Limited's bonds mature?

Hero Housing Finance Limited's active bonds mature between 2027 - 2033; the nearest matures in 2027-04; the average tenure is 3.2 Yrs.

What is the average coupon on Hero Housing Finance Limited's bonds?

The average coupon across Hero Housing Finance Limited's 9 active bonds is 8.56%.

Disclaimer: This page aggregates publicly available data about Hero Housing 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.