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CRISIL · 2026-09-16
Ratnaafin Capital Private Limited upgraded to AA- by CRISIL — 16 Sep 2026
Ratnaafin Capital Private Limited was upgraded by CRISIL on 2026-09-16, rating AA- with a Stable outlook. 5 bonds on file are tied to this entity, 4 other rating actions on record between 2026-06-23 and 2026-10-30.
CRISIL's published heading: “Long-term rating upgraded to 'Crisil AA-/Stable'; Short-term rating reaffirmed”
| Entity (per CRISIL heading) | Ratnaafin Capital Private Limited · issuer page |
| Action | Upgrade |
| Rating | AA- |
| Outlook | Stable |
| Action date | 2026-09-16 |
| Agency | CRISIL |
| Source | CRISIL rating rationale ↗ |
| Bond | Coupon | Maturity |
|---|---|---|
| Ratnaafin Capital 9.95% Feb 2028 NCD | 9.95% | 2028-02-26 |
| Ratnaafin Capital 9.95% Feb 2028 NCD | 9.95% | 2028-02-26 |
| Ratnaafin Capital 9.50% Nov 2028 NCD | 9.50% | 2028-11-27 |
| Ratnaafin Capital 9.50% Nov 2028 NCD | 9.50% | 2028-11-27 |
| Ratnaafin Capital Mar 2032 NCD | — | 2032-03-06 |
| Date | Agency | Action | Rating |
|---|---|---|---|
| 2026-10-30 | CRISIL | Update | — |
| 2026-10-29 | CRISIL | Update | — |
| 2026-08-20 | CRISIL | Initial | A+ |
| 2026-06-23 | CRISIL | Update | — |
About this page: This page restates a rating action as published by CRISIL, a SEBI-registered credit rating agency. The rating and any outlook are the agency's opinion, not RetailBonds.in's, and nothing here is investment advice or a view on what the action means for any investor. Refer to the agency's own rationale document for the full reasoning. See our methodology and full disclaimer.