Happy Diwali
from all of us at RetailBonds
CRISIL · 2026-06-29
True Credits Private Limited upgraded to BBB+ by CRISIL — 29 Jun 2026
On 2026-06-29, CRISIL upgraded True Credits Private Limited, rating BBB+ with a Stable outlook. 19 bonds on file are tied to this entity, 1 other rating action on record between 2026-09-03 and 2026-09-03.
CRISIL's published heading: “Ratings upgraded to 'Crisil BBB+/Stable/Crisil A2+'; 'Crisil BBB+/Stable' assigned to Non Convertible Debentures”
| Entity (per CRISIL heading) | True Credits Private Limited · issuer page |
| Action | Upgrade |
| Rating | BBB+ |
| Outlook | Stable |
| Action date | 2026-06-29 |
| Agency | CRISIL |
| Source | CRISIL rating rationale ↗ |
| Bond | Coupon | Maturity |
|---|---|---|
| True Credits 11.00% Nov 2026 NCD | 11.00% | 2026-11-22 |
| True Credits 16.50% Nov 2026 NCD | 16.50% | 2026-11-30 |
| True Credits 18.00% Nov 2026 NCD | 18.00% | 2026-11-30 |
| True Credits 11.00% Dec 2026 NCD | 11.00% | 2026-12-28 |
| True Credits 15.50% Dec 2026 NCD | 15.50% | 2026-12-28 |
| True Credits 13.50% Dec 2026 NCD | 13.50% | 2026-12-30 |
| True Credits 14.50% Jan 2027 NCD | 14.50% | 2027-01-16 |
| True Credits 11.00% Jan 2027 NCD | 11.00% | 2027-01-19 |
| True Credits 18.00% Feb 2027 NCD | 18.00% | 2027-02-28 |
| True Credits 14.00% Mar 2027 NCD | 14.00% | 2027-03-16 |
| True Credits 14.00% Apr 2027 NCD | 14.00% | 2027-04-30 |
| True Credits 10.50% May 2027 NCD | 10.50% | 2027-05-27 |
| True Credits 13.00% Jul 2027 NCD | 13.00% | 2027-07-30 |
| True Credits 13.00% Sep 2027 NCD | 13.00% | 2027-09-06 |
| True Credits 12.50% Oct 2027 NCD | 12.50% | 2027-10-31 |
| True Credits 10.00% Nov 2027 NCD | 10.00% | 2027-11-13 |
| True Credits 10.50% Dec 2027 NCD | 10.50% | 2027-12-09 |
| True Credits Dec 2030 NCD | — | 2030-12-19 |
| True Credits Dec 2030 NCD | — | 2030-12-19 |
| Date | Agency | Action | Rating |
|---|---|---|---|
| 2026-09-03 | CRISIL | Initial | BBB+ |
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.