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Mangal Credit and Fincorp Limited — Bonds & BBB (CRISIL) Rating

NBFC · Financial Services

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Methodology v1.0 Download Report (PDF) Watch
Agency Rating
BBB (CRISIL)
Most common current rating on senior bonds
4 of 4 rated · CRISIL, 30 Sep 2026
Total Debt Outstanding
₹100 Cr
Across 6 instruments
Active Bonds
6
First Issue
3 Apr 2025
Latest Issue
9 Sep 2026
Maturity Range
2027 - 2028
Observation
6 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.
Issuer health card Nothing flagged on record
  • Current ratings CRISIL BBB
  • Rating range All current ratings are BBB (CRISIL 30 Sep 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  • Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months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 30 Sep 2026
  • Payment record No payment disclosures since 17 Jul 2026
  • Defaults on record No bond marked defaulted
  • Traded in the last 30 days 2 of 6 active bonds had an exchange trade
  • Exchange filings, 90 days 38 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names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility.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 Mangal Credit and Fincorp 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
3 Apr 2025
Start of this issuer's debt program timeline
  • 6 active bonds tracked from this issuer.
  • 6 of 6 tracked bonds with a stated security status are secured. (based on 6 bonds with a disclosed security status)
  • Most recent rating action: update by CRISIL on 14 Oct 2026.

Operating in the Financial Services sector, Mangal Credit and Fincorp Limited is classified as an NBFC. Bond coupons here span 11.50% - 12.90%, paid monthly. The maturity ladder spans 2027 - 2028.

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
6
Tracked by RetailBonds
Amount Tracked
₹100 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt (disclosed for 4 of 6 bonds)
Avg Coupon
12.09%
Range 11.50% - 12.90%
Avg Remaining Tenure
1.4 Yrs
Nearest maturity Oct 2027
Secured
100%
6 of 6 bonds with known status
Callable
0
Of 6 bonds
Avg Spread vs G-Sec
+582 bps
Credit premium, from 2 bonds with a current market yield

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (4 bonds).

0 2027: 2 bonds, ₹25 Cr tracked, avg coupon 12.90% 2 bonds 2027 2028: 4 bonds, ₹75 Cr tracked, avg coupon 11.69% 4 bonds 2028

Security Type / Instrument Mix

  • NCD 6 bonds · 100% · ₹100 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2025: ₹25 Cr issued 2025 2026: ₹75 Cr issued 2026 Cumulative: ₹25 Cr Cumulative: ₹100 Cr

Based on 4 of 6 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.

03 Credit Profile
  • BBB 4 bonds · 67%
  • Unrated 2 bonds · 33%
AgencyRatingOutlookBonds
CRISIL BBB Stable 4

Recent Rating Actions

14 Oct 2026 · CRISIL
—
Update
24 Jun 2026 · CRISIL
—
Update
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade Details
INE545L07036 Mangal Credit and Fincorp 12.90% Oct 2027 NCD 12.90% BBB (CRISIL) 2027-10-03 12.62% 2026-11-06
IN8545L07019 Mangal Credit and Fincorp 12.90% Oct 2027 NCD 12.90% — 2027-10-03 — —
INE545L07051 Mangal Credit and Fincorp 11.75% Feb 2028 NCD 11.75% BBB (CRISIL) 2028-02-20 — 2026-09-30
INE545L07069 Mangal Credit and Fincorp 11.50% Aug 2028 NCD 11.50% BBB (CRISIL) 2028-08-09 — 2026-09-25
INE545L07044 Mangal Credit and Fincorp 11.75% Sep 2028 NCD 11.75% BBB (CRISIL) 2028-09-23 12.85% 2026-10-29
IN8545L07027 Mangal Credit and Fincorp 11.75% Sep 2028 NCD 11.75% — 2028-09-23 — —
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)
₹5.84 L
Number of Trades (Last 30 Days)
9
Avg. Yield (Last 30 Days)
12.61%
06 Regulatory Filings
NSE Corporate Announcements
Trading Window 25 Jun 2026
General Updates 23 Jun 2026
Credit Rating 16 Jun 2026
Dividend 28 May 2026
Issue of Securities 28 May 2026
Addendum 21 May 2026
Updates 21 May 2026
Credit Rating Rationale
07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 4 2026-09-30
Rating Actions History 2 2026-10-14
Secondary-Market Trades 88 2026-11-06
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 Mangal Credit and Fincorp Limited have?

Mangal Credit and Fincorp Limited currently has 6 active bonds with coupons of 11.50% - 12.90%, maturities spanning 2027 - 2028.

What is Mangal Credit and Fincorp Limited's credit rating?

The most common current rating on Mangal Credit and Fincorp Limited's senior bonds is BBB (CRISIL). Ratings on file come from CRISIL.

Are Mangal Credit and Fincorp Limited's bonds secured?

Of the 6 bonds with a disclosed security status, 6 are secured (100%) and 0 are unsecured.

When do Mangal Credit and Fincorp Limited's bonds mature?

Mangal Credit and Fincorp Limited's active bonds mature between 2027 - 2028; the nearest matures in Oct 2027; the average tenure is 1.4 Yrs.

What is the average coupon on Mangal Credit and Fincorp Limited's bonds?

The average coupon across Mangal Credit and Fincorp Limited's 6 active bonds is 12.09%.

Disclaimer: This page aggregates publicly available data about Mangal Credit and Fincorp 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.