Spandana Sphoorty Financial Limited

Nbfc

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Methodology v1.0 Download Report (PDF)
Latest Rating
BBB+ (ICRA)
Total Debt Outstanding
₹1,675 Cr
Across 10 instruments
Listed Bonds
10
First Issue
2023-09-04
Latest Issue
2026-04-28
Maturity Range
2026 - 2028
Observation
10 active bonds tracked from this issuer.
View details →
Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies
01 Issuer Overview
Sector
Issuer Type
Nbfc
First Tracked Bond
2023-09-04
Start of this issuer's debt program timeline
  • 10 active bonds tracked from this issuer.
  • 9 of 9 tracked bonds with a stated security status are secured. (based on 9 bonds with a disclosed security status)

Operating in India, Spandana Sphoorty Financial Limited is classified as an NBFC. Bond coupons here span 10.50% - 11.50%, paid monthly. The maturity ladder spans 2026 - 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
10
Tracked by RetailBonds
Amount Tracked
₹1,675 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt (disclosed for 8 of 10 bonds)
Avg Coupon
11.03%
Range 10.50% - 11.50%
Avg Remaining Tenure
1.1 Yrs
Nearest maturity 2026-09
Secured
100%
9 of 9 bonds with known status
Callable
0
Of 10 bonds
Avg Spread vs G-Sec
+635 bps
Credit premium (indicative)

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (5 bonds).

0 2026: 2 bonds, ₹150 Cr tracked, avg coupon 10.75% 2 bonds 2026 2027: 3 bonds, ₹200 Cr tracked, avg coupon 10.83% 3 bonds 2027 2028: 5 bonds, ₹1,325 Cr tracked, avg coupon 11.25% 5 bonds 2028

Security Type / Instrument Mix

  • NCD 10 bonds · 100% · ₹1,675 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2023: ₹150 Cr issued 2023 2024: ₹50 Cr issued 2024 2025: ₹975 Cr issued 2025 2026: ₹500 Cr issued 2026 Cumulative: ₹150 Cr Cumulative: ₹200 Cr Cumulative: ₹1,175 Cr Cumulative: ₹1,675 Cr

Based on 8 of 10 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.

03 Credit Profile
  • A 3 bonds · 30%
  • BBB 6 bonds · 60%
  • Unrated 1 bonds · 10%
AgencyRatingOutlookBonds
CARE BBB 3
INDIA_RATINGS BBB Stable 2
CARE A 1
CARE A Stable 1
ICRA BBB+ 1
INDIA_RATINGS A 1

Recent Rating Actions

No rating action history available.

04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade
INE572J07612 SSFL-10.75%-4-9-26-PVT 10.75% A (INDIA_RATINGS) 2026-09-04 11.60% 2026-06-30
IN8572J07041 10.75% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE. DATE OF MATURITY 04/09/2026. 10.75% 2026-09-04
INE572J07737 SSFL-10.50%-14-4-27-PVT 10.50% A (CARE) 2027-04-14
INE572J07752 SSFL-10.75%-15-4-27-PVT 10.75% A (CARE) 2027-04-15
INE572J07778 SSFL-11.25%-17-12-27-PVT 11.25% BBB (INDIA_RATINGS) 2027-12-17 11.75% 2026-08-27
INE572J07794 SSFL-11%-31-3-28-PVT 11.00% BBB (CARE) 2028-03-31 12.78% 2026-07-24
INE572J07810 11.25% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 26/04/2028 11.25% BBB+ (ICRA) 2028-04-26 12.02% 2026-08-24
INE572J07760 SSFL-11%-30-04-28-PVT 11.00% BBB (INDIA_RATINGS) 2028-04-30 12.84% 2026-08-19
INE572J07786 SSFL-11.50%-30-6-28-PVT 11.50% BBB (CARE) 2028-06-30 12.45% 2026-08-19
INE572J07802 SSFL-11.50%-30-6-28-PVT 11.50% BBB (CARE) 2028-06-30
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)
40
Avg. Yield (Last 30 Days)
12.5%
06 Regulatory Filings
07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 9 2026-04-20
Rating Actions History 0
Secondary-Market Trades 90 2026-08-27
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 Spandana Sphoorty Financial Limited have?

Spandana Sphoorty Financial Limited currently has 10 active bonds with coupons 10.50% - 11.50%, maturities spanning 2026 - 2028.

What is Spandana Sphoorty Financial Limited's credit rating?

The most recent rating on Spandana Sphoorty Financial Limited's bonds is BBB+ (ICRA), published by CARE, ICRA, INDIA_RATINGS.

Are Spandana Sphoorty Financial Limited's bonds secured?

Of the 9 bonds with a disclosed security status, 9 are secured (100%) and 0 are unsecured.

When do Spandana Sphoorty Financial Limited's bonds mature?

Spandana Sphoorty Financial Limited's active bonds mature between 2026 - 2028; the nearest matures in 2026-09; the average tenure is 1.1 Yrs.

What is the average coupon on Spandana Sphoorty Financial Limited's bonds?

The average coupon across Spandana Sphoorty Financial Limited's 10 active bonds is 11.03%.

Disclaimer: This page aggregates publicly available data about Spandana Sphoorty Financial 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.