Market closed today (Weekend) · Prices and yields as of last trading day, 06 Nov 2026
Happy Diwali from all of us at RetailBonds

Indostar Capital Finance Limited — Bonds & AA (CARE) Rating

NBFC · Financial Services

Verify this issuer →
Methodology v1.0 Download Report (PDF) Watch
Agency Rating
AA (CARE)
Most common current rating on senior bonds
17 of 17 rated · CARE, 9 Jul 2026
Total Debt Outstanding
₹3,002 Cr
Across 19 instruments
Active Bonds
19
First Issue
7 Aug 2023
Latest Issue
23 Jul 2026
Maturity Range
2026 - 2029
Observation
19 active bonds tracked from this issuer.
View details →
Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies

Latest events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.
  • 25 Sep 2026 Debt securities notice confirmation of payment to debenture holders
  • 18 Sep 2026 Record date The company has fixed Regulation 60(2) Record Date Interest Payment / Redemption / Dividend for the purpose of…
  • 2 Sep 2026 Debt securities notice Intimation of dispatch of letter to Debenture holders - AGM Notice and Annual Report 2025-26
  • 28 Aug 2026 Debt securities notice Certificate of confirming payment to debenture holders
Issuer health card Nothing flagged on record
  • Current ratings CARE AA
  • Rating range All current ratings are AA (CARE 9 Jul 2026)
  • Rating direction, 12 months 0 upgrades, 0 downgrades
  • 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  • Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months
  • Newest agency rating Dated 28 Jul 2026
  • Payment record 2 payment disclosures since 17 Jul 2026: all on time
  • Defaults on record No bond marked defaulted
  • Traded in the last 30 days 5 of 19 active bonds had an exchange trade
  • Exchange filings, 90 days 47 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names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility.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 Indostar Capital Finance 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 Aug 2023
Start of this issuer's debt program timeline
  • 19 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)
  • Most recent rating action: reaffirm by CRISIL on 28 Jul 2026.

Indostar Capital Finance Limited is an NBFC in the Financial Services sector. Coupon rates on outstanding bonds range from 8.85% - 10.70%, paid annually. Bonds mature between 2026 - 2029.

Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.

Thanks — your suggestion has been submitted for review.

02 Debt Profile
Outstanding Bonds
19
Tracked by RetailBonds
Amount Tracked
₹3,002 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
9.64%
Range 8.85% - 10.70%
Avg Remaining Tenure
1.1 Yrs
Nearest maturity Nov 2026
Secured
100%
19 of 19 bonds with known status
Callable
0
Of 19 bonds
Avg Spread vs G-Sec
+294 bps
Credit premium, from 5 bonds with a current market yield

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (10 bonds).

0 2026: 2 bonds, ₹400 Cr tracked, avg coupon 9.97% 2 bonds 2026 2027: 10 bonds, ₹1,422 Cr tracked, avg coupon 9.82% 10 bonds 2027 2028: 5 bonds, ₹1,025 Cr tracked, avg coupon 9.06% 5 bonds 2028 2029: 2 bonds, ₹155 Cr tracked, avg coupon 9.80% 2 bonds 2029

Security Type / Instrument Mix

  • NCD 19 bonds · 100% · ₹3,002 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2024: ₹652 Cr issued 2024 2025: ₹850 Cr issued 2025 2026: ₹1,500 Cr issued 2026 Cumulative: ₹652 Cr Cumulative: ₹1,502 Cr Cumulative: ₹3,002 Cr

Based on 19 of 19 active bonds with a known issue date and issue size.

03 Credit Profile
  • AA 17 bonds · 89%
  • Unrated 2 bonds · 11%
AgencyRatingOutlookBonds
CARE AA — 17

Recent Rating Actions

28 Jul 2026 · CRISIL
AA-
Reaffirmed · Stable
NCD Public Issues
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade Details
INE896L07975 Indostar Capital Finance 9.95% Nov 2026 NCD 9.95% AA (CARE) 2026-11-28 — 2026-09-25
INE896L07AF6 Indostar Capital Finance 10.00% Dec 2026 NCD 10.00% AA (CARE) 2026-12-24 8.80% 2026-10-21
INE896L07AD1 Indostar Capital Finance 10.10% Feb 2027 NCD 10.10% AA (CARE) 2027-02-26 — —
INE896L07AJ8 Indostar Capital Finance 9.60% Feb 2027 NCD 9.60% AA (CARE) 2027-02-26 — —
INE896L07AG4 Indostar Capital Finance 10.10% Apr 2027 NCD 10.10% AA (CARE) 2027-04-16 — —
INE896L07AL4 Indostar Capital Finance 9.40% Jun 2027 NCD 9.40% AA (CARE) 2027-06-18 — —
INE896L07AK6 Indostar Capital Finance 9.40% Jul 2027 NCD 9.40% AA (CARE) 2027-07-19 — —
INE896L07AE9 Indostar Capital Finance 10.15% Aug 2027 NCD 10.15% AA (CARE) 2027-08-27 — 2026-08-19
INE896L07AA7 Indostar Capital Finance 10.70% Sep 2027 NCD 10.70% AA (CARE) 2027-09-25 12.23% 2026-11-06
INE896L07991 Indostar Capital Finance 10.30% Sep 2027 NCD 10.30% AA (CARE) 2027-09-25 9.48% 2026-10-29
INE896L07AP5 Indostar Capital Finance 9.25% Nov 2027 NCD 9.25% AA (CARE) 2027-11-22 — —
INE896L07AR1 Indostar Capital Finance 9.25% Nov 2027 NCD 9.25% AA (CARE) 2027-11-23 — —
INE896L07AQ3 Indostar Capital Finance 9.25% Jan 2028 NCD 9.25% AA (CARE) 2028-01-24 9.45% 2026-11-06
INE896L07AN0 Indostar Capital Finance 8.85% May 2028 NCD 8.85% AA (CARE) 2028-05-22 — —
INE896L07AM2 Indostar Capital Finance 8.90% Jul 2028 NCD 8.90% AA (CARE) 2028-07-24 — —
INE896L07AS9 Indostar Capital Finance 9.15% Aug 2028 NCD 9.15% — 2028-08-23 — —
INE896L07AT7 Indostar Capital Finance 9.15% Nov 2028 NCD 9.15% — 2028-11-23 — —
INE896L07AO8 Indostar Capital Finance 9.10% Jan 2029 NCD 9.10% AA (CARE) 2029-01-22 — 2026-09-16
INE896L07AB5 Indostar Capital Finance 10.50% Sep 2029 NCD 10.50% AA (CARE) 2029-09-25 9.50% 2026-10-12
Compare (/) Compare Bonds

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)
₹3.50 L
Number of Trades (Last 30 Days)
20
Avg. Yield (Last 30 Days)
9.43%
06 Payment Disclosures (SEBI Reg52(4)) 2 disclosed

Interest and redemption payments as broadcast by NSE under SEBI LODR Reg 52(4)/60, across all outstanding bonds from this issuer -- actual disclosed events, not a projected schedule.

Due DateBondTypeAmount DueAmount PaidStatusFiling
24 Aug 2026 9.15% SECURED RATED LISTED... Interest ₹1,40,00,000.00 ₹1,40,00,000.00 Paid XBRL →
24 Jul 2026 8.90% SECURED RATED LISTED... Interest ₹6,69,00,000.00 ₹6,69,00,000.00 Paid XBRL →

Source: NSE Debt Centralised Database, per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.

07 Regulatory Filings
Credit Rating Rationale
08 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 17 2026-07-09
Rating Actions History 1 2026-07-28
Secondary-Market Trades 122 2026-11-06
Reg52(4) Payment Disclosures 2 2026-08-24

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

Related Issuers

All issuers →
Frequently Asked Questions
How many active bonds does Indostar Capital Finance Limited have?

Indostar Capital Finance Limited currently has 19 active bonds with coupons of 8.85% - 10.70%, maturities spanning 2026 - 2029.

What is Indostar Capital Finance Limited's credit rating?

The most common current rating on Indostar Capital Finance Limited's senior bonds is AA (CARE). Ratings on file come from CARE, CRISIL.

Are Indostar Capital Finance Limited's bonds secured?

Of the 19 bonds with a disclosed security status, 19 are secured (100%) and 0 are unsecured.

When do Indostar Capital Finance Limited's bonds mature?

Indostar Capital Finance Limited's active bonds mature between 2026 - 2029; the nearest matures in Nov 2026; the average tenure is 1.1 Yrs.

What is the average coupon on Indostar Capital Finance Limited's bonds?

The average coupon across Indostar Capital Finance Limited's 19 active bonds is 9.64%.

Disclaimer: This page aggregates publicly available data about Indostar Capital 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.