IndoStar Capital Finance Limited

Nbfc · Financial Services

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Methodology v1.0 Download Report (PDF)
Latest Rating
AA (CARE)
Total Debt Outstanding
₹2,836 Cr
Across 22 instruments
Listed Bonds
22
First Issue
2023-04-13
Latest Issue
2026-04-23
Maturity Range
2026 - 2029
Observation
22 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
2023-04-13
Start of this issuer's debt program timeline
  • 22 active bonds tracked from this issuer.
  • 22 of 22 tracked bonds with a stated security status are secured. (based on 22 bonds with a disclosed security status)
  • Most recent rating action: reaffirm by CRISIL on 2026-07-28.

IndoStar Capital Finance Limited is an NBFC in the financial services sector. Coupon rates on outstanding bonds range from 8.85% - 10.70%, paid annual. 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.

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02 Debt Profile
Outstanding Bonds
22
Tracked by RetailBonds
Amount Tracked
₹2,836 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
9.72%
Range 8.85% - 10.70%
Avg Remaining Tenure
1.0 Yrs
Nearest maturity 2026-09
Secured
100%
22 of 22 bonds with known status
Callable
0
Of 22 bonds
Avg Spread vs G-Sec
+378 bps
Credit premium (indicative)

Maturity Profile

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

0 2026: 6 bonds, ₹604 Cr tracked, avg coupon 9.96% 6 bonds 2026 2027: 10 bonds, ₹1,422 Cr tracked, avg coupon 9.82% 10 bonds 2027 2028: 4 bonds, ₹655 Cr tracked, avg coupon 9.14% 4 bonds 2028 2029: 2 bonds, ₹155 Cr tracked, avg coupon 9.80% 2 bonds 2029

Security Type / Instrument Mix

  • NCD 22 bonds · 100% · ₹2,836 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2023: ₹30 Cr issued 2023 2024: ₹856 Cr issued 2024 2025: ₹850 Cr issued 2025 2026: ₹1,100 Cr issued 2026 Cumulative: ₹30 Cr Cumulative: ₹886 Cr Cumulative: ₹1,736 Cr Cumulative: ₹2,836 Cr

Based on 22 of 22 active bonds with a known issue date and issue size.

03 Credit Profile
  • AA 22 bonds · 100%
AgencyRatingOutlookBonds
CARE AA 16
CARE AA Stable 4
CRISIL AA 1
CRISIL AA Negative 1

Recent Rating Actions

2026-07-28 · CRISIL
AA
Reaffirmed · Stable
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade
INE896L07983 10.50% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES I DATE OF MATURITY 25/09/2026. 10.50% AA (CARE) 2026-09-25 8.45% 2026-08-12
INE896L07AC3 SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES OPTION II DATE OF MATURITY 25/09/2026 AA (CARE) 2026-09-25 9.75% 2026-08-10
INE896L07967 9.95% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES XVII TRANCHE 2 DATE OF MATURITY 28/09/2026. 9.95% AA (CARE) 2026-09-28 8.75% 2026-07-24
INE01AI07033 ISHFPL-9.40%-21-11-26-PVT 9.40% AA (CRISIL) 2026-11-21
INE896L07975 9.95% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES XVIII TRANCHE 3 DATE OF MATURITY 28/11/2026. 9.95% AA (CARE) 2026-11-28 8.50% 2026-07-16
INE896L07AF6 ICFL-10%-24-12-26-PVT 10.00% AA (CARE) 2026-12-24
INE896L07AD1 ICFL-10.10%-26-2-27-PVT 10.10% AA (CARE) 2027-02-26
INE896L07AJ8 ICFL-9.60%-26-2-27-PVT 9.60% AA (CARE) 2027-02-26
INE896L07AG4 ICFL-10.10%-16-4-27-PVT 10.10% AA (CARE) 2027-04-16
INE896L07AL4 ISCFL-9.40%-18-6-27-PVT 9.40% AA (CARE) 2027-06-18
INE896L07AK6 ISCFL-9.40%-19-7-27-PVT 9.40% AA (CARE) 2027-07-19
INE896L07AE9 ICFL-10.15%-27-8-27-PVT 10.15% AA (CARE) 2027-08-27 9.26% 2026-08-19
INE896L07AA7 10.70% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES OPTION IV DATE OF MATURITY 25/09/2027 10.70% AA (CARE) 2027-09-25 8.80% 2026-08-24
INE896L07991 10.30% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. OPTION III DATE OF MATURITY 25/09/2027 10.30% AA (CARE) 2027-09-25 8.80% 2026-07-20
INE896L07AP5 9.25% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES XXXI DATE OF MATURITY 22/11/2027 9.25% AA (CARE) 2027-11-22
INE896L07AR1 9.25% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES XXXII DATE OF MATURITY 23/11/2027 9.25% AA (CARE) 2027-11-23
INE896L07AQ3 9.25% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES XXXIII DATE OF MATURITY 24/01/2028 9.25% AA (CARE) 2028-01-24 9.45% 2026-08-26
INE01AI07017 IHFPL-9.55%-13-4-28-PVT 9.55% AA (CRISIL) 2028-04-13 10.14% 2026-07-08
INE896L07AN0 8.85% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES XXVIII DATE OF MATURITY 22/05/2028 8.85% AA (CARE) 2028-05-22
INE896L07AM2 8.90% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES XXIX DATE OF MATURITY 24/07/2028 8.90% AA (CARE) 2028-07-24
INE896L07AO8 9.10% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES XXX DATE OF MATURITY 22/01/2029 9.10% AA (CARE) 2029-01-22 9.00% 2026-08-24
INE896L07AB5 10.50% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. OPTION V DATE OF MATURITY 25/09/2029 10.50% AA (CARE) 2029-09-25
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)
56
Avg. Yield (Last 30 Days)
9.11%
06 Payment Disclosures (SEBI Reg52(4)) 1 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
2026-07-24 8.90% SECURED RATED LISTED... Interest ₹66,900,000.00 ₹66,900,000.00 Paid XBRL →

Source: NSE Debt Centralised Database, per SEBI LODR Reg 52(4)/60. Coverage begins 2026-08-02 -- history accumulates as disclosures are broadcast.

07 Regulatory Filings
Credit Rating Rationale
08 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 22 2026-07-09
Rating Actions History 1 2026-07-28
Secondary-Market Trades 102 2026-08-26
Reg52(4) Payment Disclosures 1 2026-07-24

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

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Frequently Asked Questions
How many active bonds does IndoStar Capital Finance Limited have?

IndoStar Capital Finance Limited currently has 22 active bonds with coupons 8.85% - 10.70%, maturities spanning 2026 - 2029.

What is IndoStar Capital Finance Limited's credit rating?

The most recent rating on IndoStar Capital Finance Limited's bonds is AA (CARE), published by CARE, CRISIL.

Are IndoStar Capital Finance Limited's bonds secured?

Of the 22 bonds with a disclosed security status, 22 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 2026-09; the average tenure is 1.0 Yrs.

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

The average coupon across IndoStar Capital Finance Limited's 22 active bonds is 9.72%.

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.