Security Name: 9.15% Belstar Microfinance Limited 17 Jun 2027
ISIN:
INE443L08172
Taxable
Tax Category
17 Jun, 2027
Maturity Date
(1 Yr 10 Mo 28 D to mature)
Quarterly
Interest Payment Frequency
Yes
NRI Eligibility
17 Jun, 2025
Allotment Date
NA
Put Date
17 Sep, 2025
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
Quote Not Available
Dirty Price
9.15%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
02 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?
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ISSUER
Belstar Microfinance Limited
BML was incorporated in January 1988 and registered with the RBI as a non-deposit-taking NBFC in March 2001. BML started its microfinance operations in April 2009 at the Haveri district of Karnataka. BML provides loans in the urban and semiurban districts under the SHG or joint liability group-based lending models. As on March 31, 2022, BML was operating with 729 branches in 186 districts.
The ratio in FY25 is 7.10x and it was 6.74x in FY24, indicating increase in the debt level due to a surge in non-performing assets (NPAs) and rising credit costs, impacting profitability.
Debt/EBITDA
The ratio in FY25 is 1.07x and it was 1.76x in FY24, indicating decrease in debt servicing ability due to a lack of efficient risk management practices led to higher default rates and increased credit risk.
Interest coverage ratio
Recent News
Muthoot Finance hikes stake to 59% in microfinance subsidiary for Rs 43 crore
Apr 01, 2024 | Belstar Microfinance Limited
Microfinance arm may hit IPO market in next 12 months
Apr 01, 2024 | Belstar Microfinance Limited
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To know more about the Bond and the issuer, download the Information Memorandum.
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BOND VALUE DETAILS
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Total Investment
| Cashflow for INE443L08172 |
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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 |
|---|
| 9.15% Belstar Microfinance Limited 17 Jun 2027 |
| Credit Rating |
|---|
| AA Stable by CRISIL |
| Coupon Frequency |
|---|
| Quarterly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 9.150000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 17/06/2027 |
| Security |
|---|
| Senior Unsecured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Principal Amount |
|---|
| ₹NaN |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹NaN |
| Price |
|---|
| ₹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.
