Satya Microcapital Ltd

Nbfc · Financial Services

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Methodology v1.0 Download Report (PDF)
Latest Rating
BBB (INDIA_RATINGS)
Total Debt Outstanding
₹755 Cr
Across 13 instruments
Listed Bonds
13
First Issue
2019-07-08
Latest Issue
2024-07-26
Maturity Range
2027 - 2029
Observation
13 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
Nbfc
First Tracked Bond
2019-07-08
Start of this issuer's debt program timeline
  • 13 active bonds tracked from this issuer.
  • 4 of 11 tracked bonds with a stated security status are secured. (based on 11 bonds with a disclosed security status)
  • Most recent rating action: downgrade by CRISIL on 2026-08-20.

Operating in the financial services sector, Satya Microcapital Ltd is classified as an NBFC. Bond coupons here span 10.97% - 15.25%, paid semi annual. The maturity ladder spans 2027 - 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
13
Tracked by RetailBonds
Amount Tracked
₹755 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt (disclosed for 9 of 13 bonds)
Avg Coupon
13.14%
Range 10.97% - 15.25%
Avg Remaining Tenure
1.7 Yrs
Nearest maturity 2027-03
Secured
36%
4 of 11 bonds with known status
Callable
0
Of 13 bonds
Avg Spread vs G-Sec
+734 bps
Credit premium (indicative)

Maturity Profile

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

0 2027: 6 bonds, ₹168 Cr tracked, avg coupon 12.78% 6 bonds 2027 2028: 2 bonds, ₹230 Cr tracked, avg coupon 13.55% 2 bonds 2028 2029: 5 bonds, ₹356 Cr tracked, avg coupon 13.41% 5 bonds 2029

Security Type / Instrument Mix

  • NCD 13 bonds · 100% · ₹755 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2019: ₹28 Cr issued 2019 2021: ₹110 Cr issued 2021 2022: ₹30 Cr issued 2022 2023: ₹279 Cr issued 2023 2024: ₹308 Cr issued 2024 Cumulative: ₹28 Cr Cumulative: ₹138 Cr Cumulative: ₹168 Cr Cumulative: ₹448 Cr Cumulative: ₹755 Cr

Based on 9 of 13 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.

03 Credit Profile
  • BBB 10 bonds · 77%
  • Unrated 3 bonds · 23%
AgencyRatingOutlookBonds
ICRA BBB 4
CRISIL BBB 1
CRISIL BBB Stable 1
CRISIL BBB+ 1
ICRA BBB Stable 1
ICRA BBB+ 1
INDIA_RATINGS BBB Stable 1

Recent Rating Actions

2026-08-20 · CRISIL
B
Downgrade · Negative
2026-07-24 · CRISIL
Watch · Watch Negative
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade
INE982X08067 15.15% UNSECURED RATED UNLISTED SUBORDINATED NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 15/03/2027 15.15% BBB (ICRA) 2027-03-15
INE982X08059 14.75% UNSECURED RATED SUBORDINATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 21/05/2027 14.75% BBB (ICRA) 2027-05-21
INE982X07150 SML-11.68%-30-6-27-PVT 11.68% BBB (ICRA) 2027-06-30
INE982X07168 SML-11.7229%-2-7-27-PVT 11.72% BBB (ICRA) 2027-07-02
INE982X07176 SML-11.70%-12-8-27-PVT 11.70% BBB (CRISIL) 2027-08-12
INE982X07457 11.70% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 22/11/2027. 11.70% BBB (ICRA) 2027-11-22
INE982X07374 11.85% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 14/03/2028 11.85% 2028-03-14
INE982X08083 15.25% UNSECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 03/07/2028. 15.25% BBB+ (ICRA) 2028-07-03
IN8982X08017 14.20% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 30/04/2029 14.20% 2029-04-30
INE982X08091 14.20% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 30/04/2029 14.20% BBB+ (CRISIL) 2029-04-30
INE982X08109 SML-13.85%-12-7-29-PVT 13.85% BBB (CRISIL) 2029-07-12
IN8982X08025 13.85% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 12/07/2029 13.85% 2029-07-12
INE982X07432 SML-10.97%-26-7-29-PVT 10.97% BBB (INDIA_RATINGS) 2029-07-26
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) 10 2024-08-31
Rating Actions History 2 2026-08-20
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 Satya Microcapital Ltd have?

Satya Microcapital Ltd currently has 13 active bonds with coupons 10.97% - 15.25%, maturities spanning 2027 - 2029.

What is Satya Microcapital Ltd's credit rating?

The most recent rating on Satya Microcapital Ltd's bonds is BBB (INDIA_RATINGS), published by CRISIL, ICRA, INDIA_RATINGS.

Are Satya Microcapital Ltd's bonds secured?

Of the 11 bonds with a disclosed security status, 4 are secured (36%) and 7 are unsecured.

When do Satya Microcapital Ltd's bonds mature?

Satya Microcapital Ltd's active bonds mature between 2027 - 2029; the nearest matures in 2027-03; the average tenure is 1.7 Yrs.

What is the average coupon on Satya Microcapital Ltd's bonds?

The average coupon across Satya Microcapital Ltd's 13 active bonds is 13.14%.

Disclaimer: This page aggregates publicly available data about Satya Microcapital Ltd 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.