Security Name: 10.75% Spandana Sphoorty Financial Limited 04 Sep 2026
ISIN: INE572J07612
Taxable
Tax Category
04 Sep, 2026
Maturity Date
(8 Mo 25 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
04 Sep, 2023
Allotment Date
NA
Put Date
04 Sep, 2026
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
₹NaN
Dirty Price
10.75%
Coupon
Fixed Interest
Coupon Basis
10.7561%
Current Yield
20 Aug, 2026
Record Date
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
Spandana Sphoorty Financial Limited
Spandana was incorporated on 10 March 2003 as an NBFC after it took over the microfinance operations of a non-governmental organisation in 1998. The company was classified as an NBFC– microfinance institution effective 13 April 2015. It was listed on the stock exchange in August 2019 post the initial public offering of its equity shares. As on 30 June 2025, Spandana had operations in 20 states/union territories spanning across more than 400 districts in 1,720 branches with an outstanding AUM of INR 49,580 million.
The ratio in FY25 is -13.70x and it was 5.83x in FY24, indicating significant increase in the debt level due to significant increase in credit costs due to rising delinquencies and bad loans.
Debt/EBITDA
The ratio in FY25 is -0.45x and it was 1.70x in FY24, indicating decrease in the debt servicing ability of the issuer due to net losses in multiple quarters of FY25 due to the elevated credit costs.
Interest coverage ratio
Recent News
Spandana Sphoorty Financial net profit jumps 79% to Rs 127 crore
Mar 26, 2024 | Spandana Sphoorty Financial Limited
Spandana Sphoorty Financial suffers 2nd quarterly loss, breaches borrowing covenants, regulatory norm
Feb 18, 2025 | Spandana Sphoorty Financial Limited
India Ratings downgrades Spandana Sphoorty's debentures, loans to BBB+
Aug 28, 2025 | Spandana Sphoorty Financial Limited
Related Videos
Principal Repayment Schedule
Understanding the Payback: The Essentials of Principal Repayment
Lifecycle of a Bond
The journey through the various stages that define the lifespan of a bond.
STEPS TO BUY THIS BOND
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
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BOND VALUE DETAILS
Face Value
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Total Investment
| Cashflow for INE572J07612 |
|---|
| Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
|---|
| Security Name |
|---|
| 10.75% Spandana Sphoorty Financial Limited 04 Sep 2026 |
| Credit Rating |
|---|
| BBB+/ Negative by IND |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 10.750000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 04/09/2026 |
| Security |
|---|
| Senior Secured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Dec 09,2025 |
| Principal Amount |
|---|
| ₹99,943.6 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹99,943.6 |
| Price |
|---|
| ₹99.9436 |
| Yield |
|---|
| 0% |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
|---|
Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
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