
Security Name: 11.25% Berar Finance Limited 30 Jun 2027
ISIN: INE998Y07196
Taxable
Tax Category
30 Jun, 2027
Maturity Date
(1 Yr 9 Mo 23 D to mature)
Monthly
Interest Payment Frequency
Yes
NRI Eligibility
30 Jun, 2025
Allotment Date
NA
Put Date
30 Sep, 2025
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
11.25%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
15 Sep, 2025
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

Berar Finance Limited
Founded in 1990, BFL is primarily a 2W vehicle financing NBFC operating in central and west India. The company operates through a network of branches spread across Maharashtra, Chhattisgarh, Madhya Pradesh, Telangana, Gujarat, and Karnataka as on June 30, 2024. M. G. Jawanjar, is the company’s founder and Executive Chairman. The company’s day-to-day operations are headed by Sandeep Jawanjal, MD and son of founder M. G. Jawanjar. Sandeep joined the company in 2006. Apart from 2W vehicle financing, the company also provides MSME, personal loans and used car loans. The company follows a centralised approach operating from Nagpur and extending coverage to nearby states.
The ratio in FY25 is 5.72x and it was 5.60x in FY24, indicating slight increase in the debt level of the issuer due to increase in the borrowings.
Debt/EBITDA
The ratio in FY25 is 1.32x and it was 1.29x in FY24, indicating slight increase in the debt servicing ability of the issuer due to its assets under management (AUM) growth significantly.
Interest coverage ratio
Recent News

Autonom8 Announces Strategic Partnership with Berar Finance Limited
Sep 26, 2024 | Berar Finance Limited
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
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Total Investment
Cashflow for INE998Y07196 |
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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). |
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Security Name |
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11.25% Berar Finance Limited 30 Jun 2027 |
Credit Rating |
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BBB / Stable by CRISIL |
Coupon Frequency |
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Monthly |
Face Value |
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₹1,00,000 |
Coupon |
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11.250000% |
YTM or YTC |
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YTM |
Maturity Date |
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30/06/2027 |
Security |
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Senior Secured |
No. of Bonds |
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1 |
Settlement Date |
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Principal Amount |
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₹NaN |
Accrued Interest |
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₹0 |
Stamp Duty |
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₹0 |
Total Amount Payable |
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₹NaN |
Price |
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₹NaN |
Yield |
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Year | Payment Date | Amount | Amount after TDS | Payout Type |
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Quote Not Available for purchase
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.