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Security Name: 11.25% Berar Finance Limited 30 Jun 2027

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ISIN: INE998Y07196

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Taxable

Tax Category

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30 Jun, 2027

Maturity Date
(1 Yr 9 Mo 23 D to mature)

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Monthly

Interest Payment Frequency

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Yes

NRI Eligibility

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30 Jun, 2025

Allotment Date

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NA

Put Date

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30 Sep, 2025

Next Interest Payment Date

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15 days

Shut Period

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Both

Active on NSDL/CDSL

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Guaranteed

Type of Guarantee

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No

Perpetual

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Private Placement

Mode of Issue

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Listed

Listing Details

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Non Public Sector Undertaking

Type of Issuer

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Quote Not Available

Dirty Price

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11.25%

Coupon

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Fixed Interest

Coupon Basis

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Quote Not Available

Current Yield

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15 Sep, 2025

Record Date

YOUR EARNING

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Your Investment

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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

Credit Rating
Low SafetyHigh Safety
BBB / Stable
CRISIL
Senior

Repayment Priority

Higher the level, higher the priority of investment repayment on default

Secured

Security with Collateral?

An investment secured with collateral helps

ISSUER

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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.

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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.

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Interest coverage ratio

Recent News

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Autonom8 Announces Strategic Partnership with Berar Finance Limited

Sep 26, 2024 | Berar Finance Limited

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STEPS TO BUY THIS BOND

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How to exit the investment?

At MaturityThe Issuer will return your principal and redeem the bond
Sell your bond anytimeYou can sell your bond anytime you want by reaching out to your Relationship Manager.
E-Book

To know more about the Bond and the issuer, download the Information Memorandum.

E-Book

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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Cashflow for INE998Y07196
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
11.25% Berar Finance Limited 30 Jun 2027
Credit Rating
BBB / Stable by CRISIL
Coupon Frequency
Monthly
Face Value
₹1,00,000
Coupon
11.250000%
YTM or YTC
YTM
Maturity Date
30/06/2027
Security
Senior Secured
No. of Bonds
1
Settlement Date
Principal Amount
₹NaN
Accrued Interest
₹0
Stamp Duty
₹0
Total Amount Payable
₹NaN
Price
₹NaN
Yield
%
YearPayment DateAmountAmount after TDSPayout Type

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.