Security Name: 9.20% Belstar Microfinance Limited 12 Aug 2028
ISIN: INE443L07174
Taxable
Tax Category
12 Aug, 2028
Maturity Date
(2 Yr 6 Mo 20 D to mature)
Quarterly
Interest Payment Frequency
Yes
NRI Eligibility
12 Aug, 2025
Allotment Date
NA
Put Date
12 Feb, 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
9.2%
Coupon
Fixed Interest
Coupon Basis
9.0517%
Current Yield
28 Jan, 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
Risk gauge from Low to High Safety. Needle points near High Safety. Credit rating is AA / Stable (CRISIL).
| Rating agency | Rating | Needle position |
|---|---|---|
| CRISIL | AA / Stable | near High Safety |
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
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
Related Videos
Lifecycle of a Bond
The journey through the various stages that define the lifespan of a bond.
Credit Rating
Discover why credit ratings are the key to unlocking doors in the financial world.
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.
Clean Price
Yield (YTM)
Principal Amount
Accrued Interest from
Select the number of units below
BOND VALUE DETAILS
Face Value
Market Value
Stamp Duty
Select a Settlement Date:
Total Investment
| Cashflow for INE443L07174 |
|---|
| 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 |
|---|
| 9.20% Belstar Microfinance Limited 12 Aug 2028 |
| Credit Rating |
|---|
| AA / Stable by CRISIL |
| Coupon Frequency |
|---|
| Quarterly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 9.200000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 12/08/2028 |
| Security |
|---|
| Senior Secured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Jan 21,2026 |
| Principal Amount |
|---|
| ₹1,01,638.6 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹1,01,638.6 |
| Price |
|---|
| ₹101.6386 |
| 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.
similar bonds
11.00% Utkarsh Small Finance Bank Limited 28 Jun 2031
28 Jun, 2029
Call Date
₹1,00,000
Minimum Qty
INE735W08053
ISIN
Quarterly
IP Frequency
10.7888%
Yield
₹101.75
Price
10.55% Meghalaya Energy Corporation Limited 03 Apr 2033
03 Apr, 2033
Maturity Date
₹1,00,000
Minimum Qty
INE760I07086
ISIN
Quarterly
IP Frequency
9%
Yield
₹109.7255
Price
9.42% Kerala Infrastructure Investment Fund Board 30 Dec 2029
30 Dec, 2029
Maturity Date
₹10,00,000
Minimum Qty
INE658F08359
ISIN
Quarterly
IP Frequency
9.3435%
Yield
₹101.1435
Price
8.89% Kerala Financial Corporation 13 Mar 2032
13 Mar, 2032
Maturity Date
₹10,00,000
Minimum Qty
INE818F07278
ISIN
Quarterly
IP Frequency
8.4354%
Yield
₹103.2089
Price
11.10% ESAF Small Finance Bank Limited 17 Jul 2031
17 Jul, 2031
Maturity Date
₹1,00,000
Minimum Qty
INE818W08131
