Satya Microcapital Limited

Satya Microcapital Limited is an Indian company in the bfsi industry (formerly Tfc Finvest Limited) with 3 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 10.97% to 13.85% a year. Maturity dates run from 30 Apr 2029 to 26 Jul 2029. NSDL records 1 of the 2 whose terms it holds as secured. Latest credit ratings on record: India Ratings B+ (No Outlook) (action dated 28 Sep 2026); CRISIL B+ (Negative) (action dated 20 Aug 2026). Verify current terms against the official documents linked on this page.

Data as of 27 Oct 2026 · How this page is compiled

Issuer overview

Legal name
Satya Microcapital Limited
Formerly
Tfc Finvest Limited
CIN
U74899DL1995PLC068688
LEI
335800NMPG2N6C67O767
Industry
BFSI
Business
Non-Banking Financial Company (NBFC)
Ownership
Non PSU
ISIN issuer code
INE982X
Outstanding bonds (ISINs)
3 (plus 3 matured)
Stated coupons (fixed rate)
10.97% – 13.85%
Maturity dates
30 Apr 2029 – 26 Jul 2029
Secured (NSDL)
1 of 2
Combined issue size of outstanding bonds
₹308 crore

Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.

Satya Microcapital bonds: ISIN, coupon and maturity

3 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Rating (NSDL)
INE982X08091 — — — — 30 Apr 2029 — — — — —
INE982X08109 NCD 13.85% Yearly 12 Feb 2024 12 Jul 2029 ₹1,00,000 100 Unsecured None recorded CRISIL B+ 20 Aug 2026
INE982X07432 NCD 10.97% Yearly 26 Jul 2024 26 Jul 2029 ₹80,000 208 Secured None recorded India Ratings B+ 28 Sep 2026
  • Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
  • Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
  • "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
  • Prices and yields are not shown. They change with every trade: see BSE and NSE.

Satya Microcapital credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
India Ratings B+ No Outlook Downgrade 28 Sep 2026 1 Checked 27 Oct 2026
CRISIL B+ Negative Downgrade 20 Aug 2026 1 Checked 27 Oct 2026
Rating history
Date Agency Rating Outlook Action
28 Sep 2026 India Ratings B+ No Outlook Downgrade
20 Aug 2026 CRISIL B+ Negative Downgrade
9 Feb 2026 India Ratings BB Negative Downgrade
29 Jan 2026 CRISIL BB No Outlook Downgrade
29 Dec 2025 CRISIL BB+ No Outlook Downgrade
25 Nov 2025 India Ratings BB+ Stable Downgrade
3 Nov 2025 CRISIL BBB- No Outlook Downgrade
26 Sep 2025 CRISIL BBB No Outlook Downgrade
22 Aug 2025 CRISIL BBB+ No Outlook Reaffirm
22 Aug 2025 India Ratings BBB- Negative Downgrade
27 Dec 2024 India Ratings BBB+ Stable Reaffirm
8 Jul 2024 India Ratings BBB+ Positive New
7 Feb 2024 CRISIL BBB+ Stable New

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: CRISIL, India Ratings

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
23 Aug 2024 INE982X08117 23 Feb 2026 Placement memorandum on BSE
26 Jul 2024 INE982X07432 26 Jul 2029 Placement memorandum on BSE
21 Jun 2024 INE982X08109 12 Jul 2029 Placement memorandum on BSE
31 May 2024 INE982X08109 12 Jul 2029 Placement memorandum on BSE
28 Mar 2024 INE982X08109 12 Jul 2029 Placement memorandum on BSE
28 Feb 2024 INE982X07424 28 Feb 2026 Placement memorandum on BSE
23 Feb 2024 INE982X08109 12 Jul 2029 Placement memorandum on BSE
12 Feb 2024 INE982X08109 12 Jul 2029 Placement memorandum on BSE
2 Feb 2024 INE982X07416 2 Feb 2026 Placement memorandum on BSE
21 Dec 2023 INE982X08091 30 Apr 2029 Placement memorandum on BSE
30 Nov 2023 INE982X08091 30 Apr 2029 Placement memorandum on BSE

From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.

Satya Microcapital bonds: questions and answers

What bonds has Satya Microcapital Limited issued?

Satya Microcapital Limited has 3 outstanding bonds recorded on this page. By type, as described by NSDL: 2 NCDs. 3 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of Satya Microcapital Limited bonds?

Its 3 outstanding bonds each have their own ISIN, for example INE982X08091, INE982X08109, INE982X07432. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE982X.

What coupon rates do Satya Microcapital Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 10.97% to 13.85% a year on face value. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.

When do Satya Microcapital Limited bonds mature?

Its outstanding bonds have maturity dates from 30 Apr 2029 to 26 Jul 2029. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Satya Microcapital Limited bonds?

NSDL India Bond Info records India Ratings B+ (No Outlook) (action dated 28 Sep 2026); CRISIL B+ (Negative) (action dated 20 Aug 2026) on its outstanding bonds. Checked on NSDL on 27 Oct 2026. A rating is the agency's opinion and can change at any time.

Are Satya Microcapital Limited bonds secured, unsecured or guaranteed?

NSDL records 1 of the 2 outstanding bonds whose terms it holds as secured and 1 as unsecured. None is recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.

Is Satya Microcapital Limited the same company as Tfc Finvest Limited?

Yes. Satya Microcapital Limited was formerly known as Tfc Finvest Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is U74899DL1995PLC068688.

Where can investors find the original disclosure documents for Satya Microcapital Limited bonds?

Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.

How can investors check the current market price or yield of Satya Microcapital Limited bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE and NSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.

Sources and dates

Data as of 27 Oct 2026. Facts on this page last changed on 27 Oct 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.

Bond Interpretation
Bond Interpretation
Bond Interpretation is Newsinterpretation's desk for Indian bond issuers. Its issuer profiles are compiled automatically from issuers' own disclosures and public records (NSDL India Bond Info, BSE), with research and editorial review by Riskpro. Profiles are information, not investment advice.

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