Light Microfinance Private Limited

Corporate · Financial Services

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Methodology v1.0 Download Report (PDF)
Latest Rating
BBB+ (CRISIL)
Total Debt Outstanding
₹251 Cr
Across 8 instruments
Listed Bonds
8
First Issue
2021-03-31
Latest Issue
2026-04-21
Maturity Range
2026 - 2029
Observation
8 active bonds tracked from this issuer.
View details →
Coverage: Medium Data Quality: Medium Sources: NSE, BSE, SEBI, rating agencies
01 Issuer Overview
Sector
Financial Services
Issuer Type
Corporate
First Tracked Bond
2021-03-31
Start of this issuer's debt program timeline
  • 8 active bonds tracked from this issuer.
  • 6 of 7 tracked bonds with a stated security status are secured. (based on 7 bonds with a disclosed security status)
  • Most recent rating action: other by CRISIL on 2026-08-17.

Light Microfinance Private Limited is a corporate issuer in the financial services sector. Coupon rates on outstanding bonds range from 11.90% - 14.50%, paid semi 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
8
Tracked by RetailBonds
Amount Tracked
₹251 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt (disclosed for 7 of 8 bonds)
Avg Coupon
12.94%
Range 11.90% - 14.50%
Avg Remaining Tenure
1.1 Yrs
Nearest maturity 2026-09
Secured
85%
6 of 7 bonds with known status
Callable
0
Of 8 bonds
Avg Spread vs G-Sec
+746 bps
Credit premium (indicative)

Maturity Profile

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

0 2026: 2 bonds, ₹16 Cr tracked, avg coupon 13.04% 2 bonds 2026 2027: 3 bonds, ₹92 Cr tracked, avg coupon 12.71% 3 bonds 2027 2028: 2 bonds, ₹114 Cr tracked, avg coupon 12.43% 2 bonds 2028 2029: 1 bond, ₹30 Cr tracked, avg coupon 14.50% 1 bond 2029

Security Type / Instrument Mix

  • NCD 8 bonds · 100% · ₹251 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2022: ₹16 Cr issued 2022 2023: ₹50 Cr issued 2023 2024: ₹41 Cr issued 2024 2025: ₹74 Cr issued 2025 2026: ₹70 Cr issued 2026 Cumulative: ₹16 Cr Cumulative: ₹66 Cr Cumulative: ₹108 Cr Cumulative: ₹181 Cr Cumulative: ₹251 Cr

Based on 7 of 8 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.

03 Credit Profile
  • BBB 7 bonds · 88%
  • Unrated 1 bonds · 12%
AgencyRatingOutlookBonds
CRISIL BBB Stable 4
CRISIL BBB+ 2
CRISIL BBB 1

Recent Rating Actions

2026-08-17 · CRISIL
Other
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade
INE366T07097 LMPL-12.29%-25-9-26-PVT 12.29% BBB (CRISIL) 2026-09-25
INE366T07162 13.7968% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 25/09/2026. 13.80% BBB+ (CRISIL) 2026-09-25
INE366T07147 13.06% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTRUE LETTER OF ALLOTMENT DATE OF MATURITY 04/01/2027 13.06% 2027-01-04
INE366T07154 LMPL-13.06%-28-5-27-PVT 13.06% BBB (CRISIL) 2027-05-28
INE366T07204 12% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 31/10/2027 12.00% BBB+ (CRISIL) 2027-10-31
INE366T07188 LMPL-11.90%-30-5-28-PVT 11.90% BBB (CRISIL) 2028-05-30
INE366T07196 LMPL-12.95%-28-7-28-PVT 12.95% BBB (CRISIL) 2028-07-28
INE366T08020 LMPL-14.5%-28-5-29-PVT 14.50% BBB (CRISIL) 2029-05-28
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

No recorded secondary-market trades in the last 30 days.

06 Regulatory Filings
Credit Rating Rationale
07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 7 2026-03-31
Rating Actions History 1 2026-08-17
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 Light Microfinance Private Limited have?

Light Microfinance Private Limited currently has 8 active bonds with coupons 11.90% - 14.50%, maturities spanning 2026 - 2029.

What is Light Microfinance Private Limited's credit rating?

The most recent rating on Light Microfinance Private Limited's bonds is BBB+ (CRISIL), published by BRICKWORK, CRISIL.

Are Light Microfinance Private Limited's bonds secured?

Of the 7 bonds with a disclosed security status, 6 are secured (85%) and 1 are unsecured.

When do Light Microfinance Private Limited's bonds mature?

Light Microfinance Private Limited's active bonds mature between 2026 - 2029; the nearest matures in 2026-09; the average tenure is 1.1 Yrs.

What is the average coupon on Light Microfinance Private Limited's bonds?

The average coupon across Light Microfinance Private Limited's 8 active bonds is 12.94%.

Disclaimer: This page aggregates publicly available data about Light Microfinance Private 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.