Niif Infrastructure Finance Limited

Nbfc · Financial Services

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Methodology v1.0 Download Report (PDF)
Latest Rating
AAA (ICRA)
Total Debt Outstanding
₹25,798 Cr
Across 53 instruments
Listed Bonds
53
First Issue
2020-01-15
Latest Issue
2026-06-17
Maturity Range
2026 - 2039
Observation
53 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
2020-01-15
Start of this issuer's debt program timeline
  • 53 active bonds tracked from this issuer.
  • 53 of 53 tracked bonds with a stated security status are secured. (based on 53 bonds with a disclosed security status)
  • Most recent rating action: reaffirm by CRISIL on 2026-08-06.

Niif Infrastructure Finance Limited is an NBFC in the financial services sector. Coupon rates on outstanding bonds range from 6.72% - 8.70%, paid annual. Bonds mature between 2026 - 2039.

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
53
Tracked by RetailBonds
Amount Tracked
₹25,798 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt (disclosed for 41 of 53 bonds)
Avg Coupon
7.68%
Range 6.72% - 8.70%
Avg Remaining Tenure
4.2 Yrs
Nearest maturity 2026-10
Secured
100%
53 of 53 bonds with known status
Callable
4
Of 53 bonds
Avg Spread vs G-Sec
+163 bps
Credit premium (indicative)

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (9 bonds).

0 2026: 3 bonds, ₹2,275 Cr tracked, avg coupon 6.80% 3 bonds 2026 2027: 9 bonds, ₹4,119 Cr tracked, avg coupon 7.33% 9 bonds 2027 2028: 8 bonds, ₹2,935 Cr tracked, avg coupon 7.86% 8 bonds 2028 2029: 3 bonds, ₹1,840 Cr tracked, avg coupon 7.98% 3 bonds 2029 2030: 5 bonds, ₹2,802 Cr tracked, avg coupon 7.87% 5 bonds 2030 2031: 9 bonds, ₹4,231 Cr tracked, avg coupon 7.47% 9 bonds 2031 2032: 4 bonds, ₹991 Cr tracked, avg coupon 7.98% 4 bonds 2032 2033: 4 bonds, ₹2,876 Cr tracked, avg coupon 7.81% 4 bonds 2033 2034: 2 bonds, ₹624 Cr tracked, avg coupon 8.10% 2 bonds 2034 2035: 2 bonds, ₹1,400 Cr tracked, avg coupon 7.86% 2 bonds 2035 2036: 1 bond, ₹500 Cr tracked, avg coupon 7.95% 1 bond 2036 2037: 1 bond, ₹1,000 Cr tracked, avg coupon 7.99% 1 bond 2037 2039: 2 bonds, ₹205 Cr tracked, avg coupon 8.07% 2 bonds 2039

Security Type / Instrument Mix

  • NCD 53 bonds · 100% · ₹25,798 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2020: ₹500 Cr issued 2020 2021: ₹3,006 Cr issued 2021 2022: ₹4,360 Cr issued 2022 2023: ₹4,535 Cr issued 2023 2024: ₹3,971 Cr issued 2024 2025: ₹5,326 Cr issued 2025 2026: ₹4,100 Cr issued 2026 Cumulative: ₹500 Cr Cumulative: ₹3,506 Cr Cumulative: ₹7,866 Cr Cumulative: ₹12,401 Cr Cumulative: ₹16,372 Cr Cumulative: ₹21,698 Cr Cumulative: ₹25,798 Cr

Based on 41 of 53 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.

03 Credit Profile
  • AAA 41 bonds · 77%
  • Unrated 12 bonds · 23%
AgencyRatingOutlookBonds
ICRA AAA 28
CARE AAA 19

Recent Rating Actions

2026-08-06 · CRISIL
AAA
Reaffirmed · Stable
2026-07-14 · CRISIL
Other
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade
INE246R07517 6.72% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES NIIF IFL PP 1 2021-22. DATE OF MATURITY 09/10/2026 6.72% AAA (ICRA) 2026-10-09
INE246R07525 6.84% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES NIIF IFL PP 2 2021-22 OPTION I.DATE OF MATURITY 20/11/2026 6.84% AAA (CARE) 2026-11-20
INE246R07541 6.84% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES NIIF IFL PP 3 2021-22. DATE OF MATURITY 27/11/2026 6.84% AAA (CARE) 2026-11-27
INE246R07558 6.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES NIIF IFL PP 4 2021-22. DATE OF MATURITY 23/02/2027 6.75% AAA (CARE) 2027-02-23
IN8246R07037 6.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES NIIF IFL PP 4 2021-22. DATE OF MATURITY 23/02/2027 6.75% 2027-02-23
INE246R07574 7.05% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES NIIF IFL PP 6 2021-22. DATE OF MATURITY 25/02/2027 7.05% AAA (CARE) 2027-02-25 7.40% 2026-08-24
INE246R07582 7.11% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES NIIF IFL PP 7 2021-22. DATE OF MATURITY 28/05/2027 7.11% AAA (ICRA) 2027-05-28
IN8246R07052 7.11% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES NIIF IFL PP 7 2021-22. DATE OF MATURITY 28/05/2027. 7.11% 2027-05-28
INE246R07608 7.9950% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. NIIF IFL PP 2 2022-23. DATE OF MATURITY 24/08/2027. 8.00% AAA (ICRA) 2027-08-24
INE246R07590 7.80% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. NIIF IFL PP 1 2022-23. DATE OF MATURITY 27/08/2027. 7.80% AAA (ICRA) 2027-08-27
INE246R07624 7.68% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES NIIF IFL PP 4 2022-23. DATE OF MATURITY 25/11/2027. 7.68% AAA (ICRA) 2027-11-25
IN8246R07078 7.68% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES NIIF IFL PP 4 2022-23. DATE OF MATURITY 25/11/2027. 7.68% 2027-11-25
IN8246R07086 7.98% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES NIIF IFL PP 5 2022 - 23 DATE OF MATURITY 24/02/2028 7.98% 2028-02-24
INE246R07632 7.98% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES NIIF IFL PP 5 2022 - 23 DATE OF MATURITY 24/02/2028 7.98% AAA (ICRA) 2028-02-24
INE246R07640 8.055% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES NIIFIFLPP623 DATE OF MATURITY 17/03/2028 8.05% AAA (CARE) 2028-03-17
INE246R07806 7.3050% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES NIIF IFL PP 3 2025-26 DATE OF MATURITY 17/08/2028 7.30% AAA (ICRA) 2028-08-17
INE246R07665 7.965% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES NIIFIFL PP02 2023-24 DATE OF MATURITY 24/08/2028. 7.96% AAA (ICRA) 2028-08-24
IN8246R07094 7.965% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES NIIFIFL PP02 2023-24 DATE OF MATURITY 24/08/2028 7.96% 2028-08-24
INE246R07871 7.5450% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES PP8 2025-26 OPTION II DATE OF MATURITY 13/11/2028 7.54% AAA (ICRA) 2028-11-13
INE246R07681 8.085% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE. SERIES NIIF IFL PP 4 2023-24 DATE OF MATURITY 28/11/2028. 8.09% AAA (CARE) 2028-11-28
INE246R07905 7.88% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES NIIF IFL PP 2 2026-27 DATE OF MATURITY 21/08/2029 7.88% AAA (ICRA) 2029-08-21 7.83% 2026-07-02
INE246R07731 8.07% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES PP 01 2024-25 DATE OF MATURITY 23/08/2029. 8.07% AAA (ICRA) 2029-08-23 7.82% 2026-07-03
INE246R07749 7.99% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES PP 2 2024-25 DATE OF MATURITY 29/11/2029. 7.99% AAA (ICRA) 2029-11-29
INE246R07400 8.70% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES NIIF IFL PP 6/2020. DATE OF MATURITY: 15/01/2030 8.70% AAA (CARE) 2030-01-15
INE246R07814 7.43% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES NIIF IFL PP 2 2025-26 DATE OF MATURITY 22/08/2030 7.43% AAA (ICRA) 2030-08-22
INE246R07822 7.4250% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES NIIF IFL PP4 2025-26 DATE OF MATURITY 21/11/2030 7.42% AAA (ICRA) 2030-11-21
INE246R07756 7.8750% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES PP 3 2024-25 OPTION I DATE OF MATURITY 28/11/2030. 7.88% AAA (CARE) 2030-11-28
INE246R07764 7.93% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES PP 04 2024-25 DATE OF MATURITY 05/12/2030. 7.93% AAA (ICRA) 2030-12-05
INE246R07483 7.25% SECURED RATED LISTED REDEEMABLE, NON CONVERTIBLE DEBENTURES. SERIES NIIF IFL PP 7/ FY2020-21. DATE OF MATURITY 04/02/2031 7.25% AAA (CARE) 2031-02-04 7.90% 2026-08-05
IN8246R07011 7.25% SECURED RATED LISTED REDEEMABLE, NON CONVERTIBLE DEBENTURES. SERIES NIIF IFL PP 7/ FY2020-21. DATE OF MATURITY 04/02/2031 7.25% 2031-02-04
INE246R07830 7.41% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES NIIF IFL PP 5 2025-26. DATE OF MATURITY 20/02/2031 7.41% AAA (ICRA) 2031-02-20
INE246R07855 7.68% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES NIIF IFL PP 7 2025-26 DATE OF MATURITY 27/02/2031 7.68% AAA (ICRA) 2031-02-27 7.80% 2026-07-24
INE246R07863 7.56% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES PP8 2025-26 OPTION I DATE OF MATURITY 17/04/2031 7.56% AAA (ICRA) 2031-04-17
IN8246R07045 7.17% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES NIIF IFL PP 2 2021-22 OPTION II.DATE OF MATURITY 22/08/2031 7.17% 2031-08-22
INE246R07533 7.17% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES NIIF IFL PP 2 2021-22 OPTION II.DATE OF MATURITY 22/08/2031 7.17% AAA (CARE) 2031-08-22
INE246R07897 7.88% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES NIIF IFL PP 1 2026-27 DATE OF MATURITY 28/08/2031 7.88% AAA (ICRA) 2031-08-28 7.97% 2026-08-17
IN8246R07136 7.88% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES NIIF IFL PP 1 2026-27 DATE OF MATURITY 28/08/2031 7.88% 2031-08-28
INE246R07780 7.93% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES NIIF IFL PP 6 2024-25 DATE OF MATURITY 20/05/2032 7.93% AAA (ICRA) 2032-05-20
IN8246R07128 7.93% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES NIIF IFL PP 6 2024-25 DATE OF MATURITY 20/05/2032 7.93% 2032-05-20
INE246R07616 8.04% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. NIIF IFL PP 3 2022-23. DATE OF MATURITY 27/05/2032. 8.04% AAA (ICRA) 2032-05-27
IN8246R07060 8.04% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. NIIF IFL PP 3 2022-23. DATE OF MATURITY 27/05/2032. 8.04% 2032-05-27
INE246R07889 7.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES PP9 2025-26 DATE OF MATURITY 17/02/2033 7.75% AAA (ICRA) 2033-02-17
INE246R07657 8.03% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES NIIF IFL PP01 2023-24 DATE OF MATURITY 09/05/2033 8.03% AAA (ICRA) 2033-05-09
INE246R07848 7.48% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES NIIF IFL PP 6 2025-26 DATE OF MATURITY 26/05/2033 7.48% AAA (ICRA) 2033-05-26
INE246R07673 7.97% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES NIIF IFL PP 3 2023-24 DATE OF MATURITY 29/07/2033 7.97% AAA (ICRA) 2033-07-29
INE246R07707 8.10% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES PP 06 2023-24 OPTION I DATE OF MATURITY 24/01/2034 8.10% AAA (CARE) 2034-01-24
IN8246R07110 8.10% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES PP 06 2023-24 OPTION I DATE OF MATURITY 24/01/2034 8.10% 2034-01-24
INE246R07798 7.71% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES NIIF IFL PP 1 2025-26 DATE OF MATURITY 22/02/2035 7.71% AAA (ICRA) 2035-02-22
INE246R07699 8% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE. SERIES NIIF IFL PP 05 2023-24 DATE OF MATURITY 16/11/2035. 8.00% AAA (ICRA) 2035-11-16
INE246R07723 7.95% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES PP 07 2023-24 DATE OF MATURITY 14/03/2036. 7.95% AAA (ICRA) 2036-03-14
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)
9
Avg. Yield (Last 30 Days)
7.88%
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
2026-08-17 7.3050% SECURED RATED LISTED... Interest ₹73,100,000.00 ₹73,100,000.00 Paid XBRL →
2026-07-31 7.97% SECURED RATED LISTED... Interest ₹717,300,000.00 ₹717,300,000.00 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) 47 2026-06-28
Rating Actions History 2 2026-08-06
Secondary-Market Trades 14 2026-08-24
Reg52(4) Payment Disclosures 2 2026-08-17

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

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Frequently Asked Questions
How many active bonds does Niif Infrastructure Finance Limited have?

Niif Infrastructure Finance Limited currently has 53 active bonds with coupons 6.72% - 8.70%, maturities spanning 2026 - 2039.

What is Niif Infrastructure Finance Limited's credit rating?

The most recent rating on Niif Infrastructure Finance Limited's bonds is AAA (ICRA), published by CARE, ICRA.

Are Niif Infrastructure Finance Limited's bonds secured?

Of the 53 bonds with a disclosed security status, 53 are secured (100%) and 0 are unsecured.

When do Niif Infrastructure Finance Limited's bonds mature?

Niif Infrastructure Finance Limited's active bonds mature between 2026 - 2039; the nearest matures in 2026-10; the average tenure is 4.2 Yrs.

What is the average coupon on Niif Infrastructure Finance Limited's bonds?

The average coupon across Niif Infrastructure Finance Limited's 53 active bonds is 7.68%.

Disclaimer: This page aggregates publicly available data about Niif Infrastructure 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.