Mufin Green Finance Limited

Nbfc · Financial Services

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Methodology v1.0 Download Report (PDF)
Latest Rating
A (ACUITE)
Total Debt Outstanding
₹713 Cr
Across 17 instruments
Listed Bonds
17
First Issue
2023-02-14
Latest Issue
2026-06-15
Maturity Range
2026 - 2031
Observation
17 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
2023-02-14
Start of this issuer's debt program timeline
  • 17 active bonds tracked from this issuer.
  • 17 of 17 tracked bonds with a stated security status are secured. (based on 17 bonds with a disclosed security status)
  • Most recent rating action: initial by CRISIL on 2026-07-21.

Mufin Green Finance Limited is an NBFC in the financial services sector. Coupon rates on outstanding bonds range from 10.00% - 14.06%, paid quarterly. Bonds mature between 2026 - 2031.

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
17
Tracked by RetailBonds
Amount Tracked
₹713 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
11.78%
Range 10.00% - 14.06%
Avg Remaining Tenure
1.8 Yrs
Nearest maturity 2026-12
Secured
100%
17 of 17 bonds with known status
Callable
0
Of 17 bonds
Avg Spread vs G-Sec
+634 bps
Credit premium (indicative)

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (6 bonds).

0 2026: 2 bonds, ₹100 Cr tracked, avg coupon 10.93% 2 bonds 2026 2027: 6 bonds, ₹372 Cr tracked, avg coupon 11.33% 6 bonds 2027 2028: 5 bonds, ₹44 Cr tracked, avg coupon 12.80% 5 bonds 2028 2029: 2 bonds, ₹77 Cr tracked, avg coupon 11.45% 2 bonds 2029 2030: 1 bond, ₹90 Cr tracked, avg coupon 11.75% 1 bond 2030 2031: 1 bond, ₹30 Cr tracked, avg coupon 11.75% 1 bond 2031

Security Type / Instrument Mix

  • NCD 17 bonds · 100% · ₹713 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2023: ₹58 Cr issued 2023 2024: ₹77 Cr issued 2024 2025: ₹334 Cr issued 2025 2026: ₹244 Cr issued 2026 Cumulative: ₹58 Cr Cumulative: ₹135 Cr Cumulative: ₹469 Cr Cumulative: ₹713 Cr

Based on 17 of 17 active bonds with a known issue date and issue size.

03 Credit Profile
  • A 8 bonds · 47%
  • BBB 4 bonds · 24%
  • Unrated 5 bonds · 29%
AgencyRatingOutlookBonds
ACUITE A 5
ACUITE BBB 3
ACUITE A- 2
ACUITE A Stable 1
ACUITE BBB+ 1

Recent Rating Actions

2026-07-21 · CRISIL
A
Initial
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade
INE08KJ07134 MGFL-11%-11-12-26-PVT 11.00% A (ACUITE) 2026-12-11
INE08KJ07159 MGFL-10.85%-26-12-26-PVT 10.85% A (ACUITE) 2026-12-26
INE08KJ07142 MGFL-11%-03-02-27-PVT 11.00% A (ACUITE) 2027-02-03 11.00% 2026-07-08
INE08KJ07183 MGFL-10%-11-05-27-PVT 10.00% A (ACUITE) 2027-05-11
INE08KJ07043 10.90% SECURED RATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE DATE OF MATURITY 15/05/2027. 10.90% BBB (ACUITE) 2027-05-15
INE08KJ07068 14.0588235% SECURED UNRATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 28/06/2027. 14.06% BBB (ACUITE) 2027-06-28
INE08KJ07175 MGFLD-11%-29-8-27-PVT 11.00% A (ACUITE) 2027-08-29 12.95% 2026-08-12
INE08KJ07191 11% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 12/09/2027 11.00% A- (ACUITE) 2027-09-12 11.53% 2026-08-18
INE08KJ07092 12.80% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 13/07/2028 12.80% 2028-07-13
INE08KJ07100 12.80% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 20/07/2028 12.80% 2028-07-20 12.80% 2026-06-30
INE08KJ07084 12.80% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 02/08/2028 12.80% 2028-08-02
INE08KJ07118 12.80% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 21/08/2028 12.80% 2028-08-21 12.80% 2026-06-30
INE08KJ07126 12.80% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 24/08/2028 12.80% 2028-08-24
INE08KJ07019 11.20% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 15/02/2029. 11.20% BBB (ACUITE) 2029-02-15
INE08KJ07209 11.70% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 15/06/2029 11.70% A- (ACUITE) 2029-06-15
INE08KJ07167 MGFL-11.75%-26-11-30-PVT 11.75% A (ACUITE) 2030-11-26
INE08KJ07050 11.75% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 05/12/2031 11.75% BBB+ (ACUITE) 2031-12-05
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)
23
Avg. Yield (Last 30 Days)
11.79%
06 Regulatory Filings
Credit Rating Rationale
07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 12 2026-02-28
Rating Actions History 1 2026-07-21
Secondary-Market Trades 38 2026-08-26
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 Mufin Green Finance Limited have?

Mufin Green Finance Limited currently has 17 active bonds with coupons 10.00% - 14.06%, maturities spanning 2026 - 2031.

What is Mufin Green Finance Limited's credit rating?

The most recent rating on Mufin Green Finance Limited's bonds is A (ACUITE), published by ACUITE.

Are Mufin Green Finance Limited's bonds secured?

Of the 17 bonds with a disclosed security status, 17 are secured (100%) and 0 are unsecured.

When do Mufin Green Finance Limited's bonds mature?

Mufin Green Finance Limited's active bonds mature between 2026 - 2031; the nearest matures in 2026-12; the average tenure is 1.8 Yrs.

What is the average coupon on Mufin Green Finance Limited's bonds?

The average coupon across Mufin Green Finance Limited's 17 active bonds is 11.78%.

Disclaimer: This page aggregates publicly available data about Mufin Green 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.