Security Name: 11.65% Berar Finance Limited 23 Apr 2026
ISIN:
INE998Y07147
Taxable
Tax Category
23 Apr, 2026
Maturity Date
(11 Mo 7 D to mature)
Half Yearly
Interest Payment Frequency
Yes
NRI Eligibility
23 Apr, 2024
Allotment Date
NA
Put Date
23 Oct, 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
11.65%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
08 Oct, 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 FY24 is 5.60x and it was 5.12x in FY23, indicating increase in the debt level due to increase in the interest on borrowings which resulted in overall increase in the finance cost of the issuer.
Debt/EBITDA
The ratio in FY24 is 1.29x and it was 1.22x in FY23, indicating increase in the debt servicing ability of the issuer due to increase in the profitability in FY24.
Interest coverage ratio
Recent News
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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PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
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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 INE998Y07147 |
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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 |
|---|
| 11.65% Berar Finance Limited 23 Apr 2026 |
| Credit Rating |
|---|
| BBB / Positive by IND |
| Coupon Frequency |
|---|
| Half Yearly |
| Face Value |
|---|
| ₹50,000 |
| Coupon |
|---|
| 11.650000% |
| YTM or YTC |
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| YTM |
| Maturity Date |
|---|
| 23/04/2026 |
| 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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| ₹NaN |
| 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.
