Indiabulls Commercial Credit Ltd

Nbfc · Financial Services

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Methodology v1.0 Download Report (PDF)
Latest Rating
AAA (BRICKWORK)
Total Debt Outstanding
₹1,585 Cr
Across 7 instruments
Listed Bonds
7
First Issue
2017-11-08
Latest Issue
2024-09-06
Maturity Range
2026 - 2029
Observation
7 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
2017-11-08
Start of this issuer's debt program timeline
  • 7 active bonds tracked from this issuer.
  • 2 of 7 tracked bonds with a stated security status are secured. (based on 7 bonds with a disclosed security status)

Operating in the financial services sector, Indiabulls Commercial Credit Ltd is classified as an NBFC. Bond coupons here span 8.45% - 9.80%, paid annual. The maturity ladder spans 2026 - 2029.

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
7
Tracked by RetailBonds
Amount Tracked
₹1,585 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
8.83%
Range 8.45% - 9.80%
Avg Remaining Tenure
1.5 Yrs
Nearest maturity 2026-09
Secured
28%
2 of 7 bonds with known status
Callable
0
Of 7 bonds
Avg Spread vs G-Sec
+350 bps
Credit premium (indicative)

Maturity Profile

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

0 2026: 1 bond, ₹1,200 Cr tracked, avg coupon 9.00% 1 bond 2026 2027: 2 bonds, ₹100 Cr tracked, avg coupon 8.45% 2 bonds 2027 2028: 3 bonds, ₹255 Cr tracked, avg coupon 8.70% 3 bonds 2028 2029: 1 bond, ₹30 Cr tracked, avg coupon 9.80% 1 bond 2029

Security Type / Instrument Mix

  • NCD 7 bonds · 100% · ₹1,585 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2017: ₹100 Cr issued 2017 2018: ₹255 Cr issued 2018 2021: ₹1,200 Cr issued 2021 2024: ₹30 Cr issued 2024 Cumulative: ₹100 Cr Cumulative: ₹355 Cr Cumulative: ₹1,555 Cr Cumulative: ₹1,585 Cr

Based on 7 of 7 active bonds with a known issue date and issue size.

Financial Snapshot

FY26
Debt / Equity
0.00
 
Debt Service Coverage (DSCR)
0.00
 
Interest Service Coverage (ISCR)
0.00
 
Revenue from Operations
₹116.08 Cr
 
Net Profit / Loss
₹-45.38 Cr
 
Profit Before Tax
₹-95.73 Cr
 

As filed under SEBI LODR Reg 52(4) / Integrated Filing, filed 20 Jul 2026. Figures are reported facts, not a rating or recommendation.

03 Credit Profile
  • AAA 5 bonds · 71%
  • AA 2 bonds · 29%
AgencyRatingOutlookBonds
BRICKWORK AAA Stable 2
CRISIL AAA 2
BRICKWORK AA Stable 1
CARE AAA 1
CRISIL AA 1
CRISIL AA Stable 1
ICRA AA 1

Recent Rating Actions

No rating action history available.

04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade
INE244L07242 ICCL-9%-21-9-26-PVT 9.00% AA (CRISIL) 2026-09-21
INE244L08018 ICCL-8.45%-8-11-27-PVT 8.45% AAA (BRICKWORK) 2027-11-08 8.98% 2026-08-25
INE244L08026 ICCL-8.45%-30-11-27-PVT 8.45% AAA (BRICKWORK) 2027-11-30 9.53% 2026-08-27
INE244L08034 ICCL-8.45%-5-1-28-PVT 8.45% AAA (CARE) 2028-01-05 9.33% 2026-08-27
INE244L08042 ICCL-8.85%-28-3-28-PVT 8.85% AAA (CRISIL) 2028-03-28 9.04% 2026-08-18
INE244L08059 ICCL-8.80%-2-5-28-PVT 8.80% AAA (CRISIL) 2028-05-02
INE244L07598 ICCL-9.80%-6-9-29-PVT 9.80% AA (CRISIL) 2029-09-06 9.02% 2026-08-27
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)
19
Avg. Yield (Last 30 Days)
9.18%
06 Regulatory Filings

No regulatory filings captured yet for this issuer.

07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 9 2026-08-25
Rating Actions History 0
Secondary-Market Trades 24 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 Indiabulls Commercial Credit Ltd have?

Indiabulls Commercial Credit Ltd currently has 7 active bonds with coupons 8.45% - 9.80%, maturities spanning 2026 - 2029.

What is Indiabulls Commercial Credit Ltd's credit rating?

The most recent rating on Indiabulls Commercial Credit Ltd's bonds is AAA (BRICKWORK), published by BRICKWORK, CARE, CRISIL, ICRA.

Are Indiabulls Commercial Credit Ltd's bonds secured?

Of the 7 bonds with a disclosed security status, 2 are secured (28%) and 5 are unsecured.

When do Indiabulls Commercial Credit Ltd's bonds mature?

Indiabulls Commercial Credit Ltd's active bonds mature between 2026 - 2029; the nearest matures in 2026-09; the average tenure is 1.5 Yrs.

What is the average coupon on Indiabulls Commercial Credit Ltd's bonds?

The average coupon across Indiabulls Commercial Credit Ltd's 7 active bonds is 8.83%.

Disclaimer: This page aggregates publicly available data about Indiabulls Commercial Credit Ltd 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.