A. K. Capital Finance Limited

A. K. Capital Finance Limited is an Indian company in the BFSI industry (formerly GIRDHAR VANIJYA PVT LTD, A. K. CAPITAL FINANCE LIMITED, A. K. Capital Finance Private Limited) with 17 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 8.65% to 9.5% a year. Maturity dates run from 24 Apr 2027 to 30 Sep 2029. NSDL records all 17 whose terms it holds as secured. Latest credit ratings on record: CARE AA- (Stable) (action dated 29 Oct 2026); Acuite AA (Stable) (action dated 4 Nov 2019); Brickwork AA+ (SO) (action dated 7 Feb 2018). Verify current terms against the official documents linked on this page.

Data as of 14 Nov 2026 (snapshot 20261114-2051) · How this page is compiled

Issuer overview

Legal name
A. K. Capital Finance Limited
Formerly
GIRDHAR VANIJYA PVT LTD, A. K. CAPITAL FINANCE LIMITED, A. K. Capital Finance Private Limited
CIN
U51900MH2006PLC214277
LEI
335800MHBF4IA6ZK9F37
Company status
Unlisted
Industry
BFSI
Business
Non-Banking Financial Company (NBFC)
Ownership
Non PSU
ISIN issuer code
INE197P
Outstanding bonds (ISINs)
17 (plus 19 matured)
Stated coupons (fixed rate)
8.65% – 9.5%
Maturity dates
24 Apr 2027 – 30 Sep 2029
Secured (NSDL)
17 of 17
Combined issue size of outstanding bonds
₹930 crore
Traded on
NSE

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.

A. K. Capital Finance bonds: ISIN, coupon and maturity

17 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE197P07326 NCD 9.35% Yearly 24 Apr 2024 24 Apr 2027 ₹33,336 100 Secured None recorded — CARE AA- 29 Oct 2026
INE197P07334 NCD 9.35% Yearly 13 May 2024 13 May 2027 ₹1,00,000 40.00 Secured None recorded NSE CARE AA- 29 Oct 2026
INE197P07128 NCD 9.5% Yearly 23 Jun 2017 23 Jun 2027 ₹1,00,000 5.00 Secured None recorded — Brickwork AA+ (SO) 7 Feb 2018
INE197P07359 NCD 9.4% Yearly 3 Oct 2024 3 Oct 2027 ₹33,332 50.00 Secured None recorded — CARE AA- 29 Oct 2026
INE197P07375 NCD 9.4% Yearly 30 Dec 2024 30 Dec 2027 ₹1,00,000 50.00 Secured None recorded — CARE AA- 29 Oct 2026
INE197P07383 NCD 9.4% Yearly 14 Jan 2025 14 Jan 2028 ₹1,00,000 50.00 Secured None recorded — CARE AA- 29 Oct 2026
INE197P07391 NCD 9.5% Yearly 27 Mar 2025 27 Mar 2028 ₹1,00,000 50.00 Secured None recorded — CARE AA- 29 Oct 2026
INE197P07474 NCD 8.95% Yearly 17 Apr 2026 17 Apr 2028 ₹1,00,000 45.00 Secured None recorded — CARE AA- 29 Oct 2026
INE197P07409 NCD 8.65% Yearly 30 Jun 2025 30 Jun 2028 ₹66,666 50.00 Secured None recorded — CARE AA- 29 Oct 2026
INE197P07417 NCD 9.15% Yearly 7 Jul 2025 7 Jul 2028 ₹1,00,000 50.00 Secured None recorded — CARE AA- 29 Oct 2026
INE197P07425 NCD 8.96% Yearly 24 Dec 2025 24 Dec 2028 ₹1,00,000 50.00 Secured None recorded — CARE AA- 29 Oct 2026
INE197P07433 NCD 8.96% Yearly 11 Feb 2026 11 Feb 2029 ₹1,00,000 50.00 Secured None recorded — CARE AA- 29 Oct 2026
INE197P07441 NCD 9% Quarterly 27 Feb 2026 27 Feb 2029 ₹1,00,000 150 Secured None recorded — CARE AA- 29 Oct 2026
INE197P07458 NCD 8.93% Yearly 30 Mar 2026 30 Mar 2029 ₹83,333 50.00 Secured None recorded — CARE AA- 29 Oct 2026
INE197P07466 NCD 9.05% Quarterly 30 Mar 2026 30 Mar 2029 ₹1,00,000 50.00 Secured None recorded — CARE AA- 29 Oct 2026
INE197P07482 NCD 8.95% Yearly 1 Sep 2026 1 Sep 2029 ₹1,00,000 40.00 Secured None recorded — CARE AA- 29 Oct 2026
INE197P07490 NCD 9.35% Yearly 30 Sep 2026 30 Sep 2029 ₹1,00,000 50.00 Secured None recorded — CARE AA- 29 Oct 2026
Notes on this table
  • 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.
  • Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Credit rating.

A. K. Capital Finance credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
CARE AA- Stable Reaffirm 29 Oct 2026 16 Verified by NSDL · Checked 7 Nov 2026
Acuite AA Stable — 4 Nov 2019 1 Over 12 months old · Checked 7 Nov 2026
Brickwork AA+ (SO) — — 7 Feb 2018 1 Verified by NSDL · Over 12 months old · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
29 Oct 2026 CARE AA- Stable Reaffirm
9 Oct 2026 CARE AA- Stable Reaffirm
15 Jul 2026 CARE AA- Stable Reaffirm
6 Jul 2026 CARE AA- Stable Reaffirm
17 Mar 2026 CARE AA- Stable Reaffirm
30 Jan 2026 CARE AA- Stable Reaffirm
22 Sep 2025 CARE AA- Stable Reaffirm
7 Jul 2025 CARE AA- Stable Reaffirm
5 May 2025 CARE AA- Stable Reaffirm
3 Feb 2025 CARE AA- Stable Reaffirm
26 Dec 2024 CARE AA- Stable Reaffirm
24 Dec 2024 CARE AA- Stable New
19 Dec 2024 CARE AA- Stable New
3 Oct 2024 CARE AA- Stable Reaffirm
30 Jul 2024 CARE AA- Stable Reaffirm

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: CARE, Acuite, Brickwork

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
30 Sep 2026 INE197P07490 30 Sep 2029 Placement memorandum on BSE
1 Sep 2026 INE197P07482 1 Sep 2029 Placement memorandum on BSE
17 Apr 2026 INE197P07474 17 Apr 2028 Placement memorandum on BSE
30 Mar 2026 INE197P07458 30 Mar 2029 Placement memorandum on BSE
30 Mar 2026 INE197P07466 30 Mar 2029 Placement memorandum on BSE
27 Feb 2026 INE197P07441 27 Feb 2029 Placement memorandum on BSE
11 Feb 2026 INE197P07433 11 Feb 2029 Placement memorandum on BSE
24 Dec 2025 INE197P07425 24 Dec 2028 Placement memorandum on BSE
7 Jul 2025 INE197P07417 7 Jul 2028 Placement memorandum on BSE
30 Jun 2025 INE197P07409 30 Jun 2028 Placement memorandum on BSE
27 Mar 2025 INE197P07391 27 Mar 2028 Placement memorandum on BSE
14 Jan 2025 INE197P07383 14 Jan 2028 Placement memorandum on BSE
30 Dec 2024 INE197P07375 30 Dec 2027 Placement memorandum on BSE
24 Oct 2024 INE197P07367 23 Oct 2026 Placement memorandum on BSE
3 Oct 2024 INE197P07359 3 Oct 2027 Placement memorandum on BSE
1 Aug 2024 INE197P07342 1 Nov 2025 Placement memorandum on BSE
24 Apr 2024 INE197P07326 24 Apr 2027 Placement memorandum on BSE
17 Jul 2023 INE197P07318 17 Jul 2026 Placement memorandum on BSE
7 Nov 2022 INE197P07292 26 May 2024 Placement memorandum on BSE
4 Aug 2022 INE197P07300 27 Jun 2022 Placement memorandum on BSE
27 Jun 2022 INE197P07300 27 Jun 2024 Placement memorandum on BSE
26 May 2022 INE197P07292 26 May 2024 Placement memorandum on BSE
30 Mar 2022 INE197P07284 30 Mar 2025 Placement memorandum on BSE
28 May 2021 INE197P07276 28 May 2024 Placement memorandum on BSE
15 Oct 2020 INE197P07268 15 Apr 2022 Placement memorandum on BSE
5 Oct 2020 INE197P07250 5 Apr 2022 Placement memorandum on BSE
25 Sep 2020 INE197P07243 25 Mar 2022 Placement memorandum on BSE
25 Sep 2018 INE197P07235 25 Mar 2022 Placement memorandum on BSE
18 Sep 2018 INE197P07227 18 Sep 2025 Placement memorandum on BSE
28 Aug 2018 INE197P07219 28 Aug 2023 Placement memorandum on BSE
30 Jul 2018 INE197P07193 28 Dec 2024 Placement memorandum on BSE
19 Jul 2018 INE197P07193 28 Jun 2025 Placement memorandum on BSE
6 Jul 2018 INE197P07193 28 Jun 2025 Placement memorandum on BSE
3 Jul 2018 INE197P07193 28 Jun 2025 Placement memorandum on BSE
25 May 2018 INE197P07185 8 Nov 2021 Placement memorandum on BSE
24 May 2018 INE197P07169 6 Dec 2024 Placement memorandum on BSE
8 May 2018 INE197P07185 8 Nov 2021 Placement memorandum on BSE
3 Apr 2018 INE197P07177 3 Apr 2023 Placement memorandum on BSE
22 Mar 2018 INE197P07169 6 Dec 2024 Placement memorandum on BSE
14 Mar 2018 INE197P07169 6 Dec 2024 Placement memorandum on BSE
6 Dec 2017 INE197P07169 6 Dec 2024 Placement memorandum on BSE
10 Aug 2017 INE197P07144 10 Aug 2024 Placement memorandum on BSE
7 Jul 2017 INE197P07136 7 Jul 2022 Placement memorandum on BSE
23 Jun 2017 INE197P07128 23 Jun 2027 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.

Company details

Date of incorporation
3 Feb 2006
Category
NBFC Non-Deposit taking Systemically Important
Class
https://www.akgroup.co.in
Listed / unlisted
Unlisted
Registered office
601-602, 6TH FLOOR, WINDSOR, OFF CST ROAD, KALINA, SANTACRUZ (EAST), MUMBAI, 400098
State
Maharashtra
Registrar of Companies
Maharashtra
Authorised capital
1800000000
Paid-up capital
1690400000
Last AGM
5 Sep 2026

A. K. Capital Finance bonds: questions and answers

What bonds has A. K. Capital Finance Limited issued?

A. K. Capital Finance Limited has 17 outstanding bonds recorded on this page. By type, as described by NSDL: 17 NCDs. 19 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of A. K. Capital Finance Limited bonds?

Its 17 outstanding bonds each have their own ISIN, for example INE197P07326, INE197P07334, INE197P07128. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE197P.

What coupon rates do A. K. Capital Finance Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 8.65% to 9.5% 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 A. K. Capital Finance Limited bonds mature?

Its outstanding bonds have maturity dates from 24 Apr 2027 to 30 Sep 2029. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of A. K. Capital Finance Limited bonds?

NSDL India Bond Info records CARE AA- (Stable) (action dated 29 Oct 2026); Acuite AA (Stable) (action dated 4 Nov 2019); Brickwork AA+ (SO) (action dated 7 Feb 2018) on its outstanding bonds. Checked on NSDL on 7 Nov 2026. A rating is the agency's opinion and can change at any time.

Are A. K. Capital Finance Limited bonds secured, unsecured or guaranteed?

NSDL records all 17 outstanding bonds whose terms it holds as secured. 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 A. K. Capital Finance Limited the same company as GIRDHAR VANIJYA PVT LTD, A. K. CAPITAL FINANCE LIMITED, A. K. Capital Finance Private Limited?

Yes. A. K. Capital Finance Limited was formerly known as GIRDHAR VANIJYA PVT LTD, A. K. CAPITAL FINANCE LIMITED, A. K. Capital Finance Private Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is U51900MH2006PLC214277.

Where can investors find the original disclosure documents for A. K. Capital Finance 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 A. K. Capital Finance Limited bonds?

This page does not show prices or yields. Trades in these bonds are reported on 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 14 Nov 2026 (snapshot 20261114-2051). Facts on this page last changed on 5 Nov 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.

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Bond Interpretation is an information resource on Indian corporate bond issuers, published by Newsinterpretation. It covers the companies behind corporate bonds and non-convertible debentures (NCDs): their outstanding bonds with ISIN-level terms, credit ratings as recorded by the depository, private placements and public NCD issues. It brings together depository (NSDL India Bond Info), exchange (BSE and NSE) and company records, and shows the source and date of each fact. The pages are compiled automatically from those records. Bond Interpretation publishes no credit ratings, opinions or recommendations to buy, sell or hold of its own.

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