True Credits Private Limited

Nbfc · Financial Services

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Methodology v1.0 Download Report (PDF)
Latest Rating
BBB (CRISIL)
Total Debt Outstanding
₹1,375 Cr
Across 26 instruments
Listed Bonds
26
First Issue
2025-03-13
Latest Issue
2026-05-23
Maturity Range
2026 - 2030
Observation
26 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
2025-03-13
Start of this issuer's debt program timeline
  • 26 active bonds tracked from this issuer.
  • 26 of 26 tracked bonds with a stated security status are secured. (based on 26 bonds with a disclosed security status)
  • Most recent rating action: upgrade by CRISIL on 2026-06-29.

True Credits Private Limited, an NBFC in the financial services sector, is tracked on RetailBonds.in. Outstanding bonds carry coupons between 10.50% - 18.00%, paid monthly. Maturities on outstanding bonds fall between 2026 - 2030.

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
26
Tracked by RetailBonds
Amount Tracked
₹1,375 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
14.53%
Range 10.50% - 18.00%
Avg Remaining Tenure
0.6 Yrs
Nearest maturity 2026-08
Secured
100%
26 of 26 bonds with known status
Callable
0
Of 26 bonds
Avg Spread vs G-Sec
+895 bps
Credit premium (indicative)

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (16 bonds).

0 2026: 16 bonds, ₹570 Cr tracked, avg coupon 15.04% 16 bonds 2026 2027: 8 bonds, ₹420 Cr tracked, avg coupon 13.50% 8 bonds 2027 2030: 2 bonds, ₹385 Cr tracked 2 bonds 2030

Security Type / Instrument Mix

  • NCD 26 bonds · 100% · ₹1,375 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2025: ₹760 Cr issued 2025 2026: ₹615 Cr issued 2026 Cumulative: ₹760 Cr Cumulative: ₹1,375 Cr

Based on 26 of 26 active bonds with a known issue date and issue size.

03 Credit Profile
  • BBB 11 bonds · 42%
  • Unrated 15 bonds · 58%
AgencyRatingOutlookBonds
CRISIL BBB 11

Recent Rating Actions

2026-06-29 · CRISIL
BBB
Upgrade · Stable
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade
INE0OOQ07643 15.35% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE TRANCHE B DATE OF MATURITY 31/08/2026 15.35% 2026-08-31
INE0OOQ07429 18% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 31/08/2026 18.00% 2026-08-31
INE0OOQ07577 15.50% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 31/08/2026 15.50% BBB (CRISIL) 2026-08-31
INE0OOQ07569 17.10% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE TRANCHE 3 DATE OF MATURITY 06/09/2026 17.10% 2026-09-06
INE0OOQ07601 15.50% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 25/09/2026 15.50% BBB (CRISIL) 2026-09-25 15.50% 2026-06-29
INE0OOQ07635 16.5% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 28/09/2026 16.50% BBB (CRISIL) 2026-09-28
INE0OOQ07627 14.9% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES ST2 DATE OF MATURITY 16/10/2026 14.90% BBB (CRISIL) 2026-10-16
INE0OOQ07676 11% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 21/10/2026 11.00% 2026-10-21
INE0OOQ07668 16% SECURED RATED UNLISTED REEDEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 30/10/2026 16.00% BBB (CRISIL) 2026-10-30
INE0OOQ07742 15.35% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 31/10/2026 15.35% 2026-10-31
INE0OOQ07684 11% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 22/11/2026 11.00% 2026-11-22
INE0OOQ07734 16.5% SECURED UNRATED UNLISTED REEDEMABLE NON CONVERTIBLE DEBENTURE SERIES NV4 TRANCHE II DATE OF MATURITY 30/11/2026 16.50% 2026-11-30
INE0OOQ07551 18% SECURED UNRATED UNLISTED REEDEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 30/11/2026 18.00% 2026-11-30
INE0OOQ07759 11% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 28/12/2026 11.00% 2026-12-28
INE0OOQ07692 15.50% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 28/12/2026 15.50% BBB (CRISIL) 2026-12-28
INE0OOQ07718 13.5% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 30/12/2026 13.50% BBB (CRISIL) 2026-12-30
INE0OOQ07726 14.5% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 16/01/2027 14.50% 2027-01-16
INE0OOQ07767 11% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 19/01/2027 11.00% 2027-01-19
INE0OOQ07619 18% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 28/02/2027 18.00% 2027-02-28
INE0OOQ07791 14% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 16/03/2027 14.00% BBB (CRISIL) 2027-03-16 16.90% 2026-07-16
INE0OOQ07817 14% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 30/04/2027 14.00% BBB (CRISIL) 2027-04-30
INE0OOQ07825 10.5% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 27/05/2027 10.50% 2027-05-27 13.73% 2026-08-27
INE0OOQ07775 13% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES ST3 TRACHE 1 DATE OF MATURITY 30/07/2027 13.00% BBB (CRISIL) 2027-07-30
INE0OOQ07809 13% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES ST4 TRANCHE 2 DATE OF MATURITY 06/09/2027 13.00% BBB (CRISIL) 2027-09-06
INE0OOQ07700 SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES A TRANCHE 1 DATE OF MATURITY 19/12/2030 2030-12-19
INE0OOQ07783 RESET RATE SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES B DATE OF MATURITY 19/12/2030 2030-12-19
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)
17
Avg. Yield (Last 30 Days)
12.97%
06 Regulatory Filings
Credit Rating Rationale
07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 11 2026-02-03
Rating Actions History 1 2026-06-29
Secondary-Market Trades 35 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 True Credits Private Limited have?

True Credits Private Limited currently has 26 active bonds with coupons 10.50% - 18.00%, maturities spanning 2026 - 2030.

What is True Credits Private Limited's credit rating?

The most recent rating on True Credits Private Limited's bonds is BBB (CRISIL), published by CRISIL.

Are True Credits Private Limited's bonds secured?

Of the 26 bonds with a disclosed security status, 26 are secured (100%) and 0 are unsecured.

When do True Credits Private Limited's bonds mature?

True Credits Private Limited's active bonds mature between 2026 - 2030; the nearest matures in 2026-08; the average tenure is 0.6 Yrs.

What is the average coupon on True Credits Private Limited's bonds?

The average coupon across True Credits Private Limited's 26 active bonds is 14.53%.

Disclaimer: This page aggregates publicly available data about True Credits Private 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.