Alpha Alternatives Financial Services Private Limited is an Indian company in the BFSI industry (formerly PROVINCIAL FINANCE AND LEASING CO LIMITED) with 25 outstanding bonds (ISINs) recorded on this page. 15 have floating or market-linked coupons. Maturity dates run from 14 May 2027 to 28 Apr 2034. NSDL records 24 of the 25 whose terms it holds as secured. Latest credit ratings on record: CARE A- (Stable) (action dated 28 Oct 2026); Acuite A (Stable) (action dated 31 Jan 2026). 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
- Alpha Alternatives Financial Services Private Limited
- Formerly
- PROVINCIAL FINANCE AND LEASING CO LIMITED
- CIN
- U65923MH1993PTC075162
- LEI
- 33580057ZIDGDMCSY209
- Company status
- Unlisted
- Industry
- BFSI
- Business
- Non-Banking Financial Company (NBFC)
- Ownership
- Non PSU
- ISIN issuer code
- INE0L68
- Outstanding bonds (ISINs)
- 25
- Maturity dates
- 14 May 2027 – 28 Apr 2034
- Secured (NSDL)
- 24 of 25
- Combined issue size of outstanding bonds
- ₹8,056 crore
- Traded on
- BSE, 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.
Alpha Alternatives Financial Services bonds: ISIN, coupon and maturity
25 outstanding bonds, by maturity date.
| ISIN | Type | Coupon | Interest paid | Allotted | Maturity | Face value | Issue size (₹ cr) | Security | Guarantee | Traded on | Rating (NSDL) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| INE0L6807120 | NCD | 0% | At maturity | 7 Feb 2024 | 14 May 2027 | ₹1,00,000 | 150 | Secured | None recorded | BSE | CARE A- 28 Oct 2026 |
| INE0L6807161 | Market-linked debenture | 0% | At maturity | 28 Jun 2024 | 14 Apr 2028 | ₹1,00,000 | 249 | Secured | None recorded | BSE | CARE A- 28 Oct 2026 |
| INE0L6807179 | Market-linked debenture | 0% | At maturity | 14 Aug 2024 | 19 May 2028 | ₹1,00,000 | 250 | Secured | None recorded | BSE | CARE A- 28 Oct 2026 |
| INE0L6807187 | Market-linked debenture | 0% | At maturity | 20 Sep 2024 | 16 Jun 2028 | ₹1,00,000 | 300 | Secured | None recorded | BSE | CARE A- 28 Oct 2026 |
| INE0L6807203 | Market-linked debenture | 0% | At maturity | 9 May 2025 | 23 Feb 2029 | ₹1,00,000 | 300 | Secured | None recorded | BSE, NSE | CARE A- 28 Oct 2026 |
| INE0L6807211 | Market-linked debenture | Floating / market-linked | At maturity | 13 Jun 2025 | 12 Jul 2029 | ₹1,00,000 | 400 | Secured | None recorded | NSE | CARE A- 28 Oct 2026 |
| INE0L6807229 | Market-linked debenture | Floating / market-linked | At maturity | 9 Jul 2025 | 4 Sep 2029 | ₹1,00,000 | 200 | Secured | None recorded | NSE | CARE A- 28 Oct 2026 |
| INE0L6807237 | Market-linked debenture | Floating / market-linked | At maturity | 8 Aug 2025 | 8 Nov 2029 | ₹1,00,000 | 200 | Secured | None recorded | NSE | CARE A- 28 Oct 2026 |
| INE0L6807245 | NCD | Floating / market-linked | At maturity | 4 Sep 2025 | 22 Jan 2030 | ₹1,00,000 | 500 | Secured | None recorded | NSE | CARE A- 28 Oct 2026 |
| INE0L6807252 | Market-linked debenture | Floating / market-linked | At maturity | 14 Oct 2025 | 26 Feb 2030 | ₹1,00,000 | 250 | Secured | None recorded | NSE | CARE A- 28 Oct 2026 |
| INE0L6807260 | Market-linked debenture | Floating / market-linked | At maturity | 5 Dec 2025 | 23 Jul 2030 | ₹1,00,000 | 500 | Secured | None recorded | NSE | CARE A- 28 Oct 2026 |
| INE0L6807278 | Market-linked debenture | 0% | At maturity | 8 Jan 2026 | 24 Sep 2030 | ₹1,00,000 | 200 | Secured | None recorded | BSE, NSE | CARE A- 28 Oct 2026 |
| INE0L6807286 | NCD | Floating / market-linked | At maturity | 25 Feb 2026 | 26 Nov 2030 | ₹1,00,000 | 500 | Secured | None recorded | NSE | CARE A- 28 Oct 2026 |
| INE0L6807294 | Market-linked debenture | Floating / market-linked | At maturity | 6 Mar 2026 | 28 Jan 2031 | ₹1,00,000 | 500 | Secured | None recorded | NSE | CARE A- 28 Oct 2026 |
| INE0L6807302 | Market-linked debenture | 0% | At maturity | 25 Mar 2026 | 25 Feb 2031 | ₹1,00,000 | 300 | Secured | None recorded | BSE, NSE | CARE A- 28 Oct 2026 |
| INE0L6807310 | Market-linked debenture | Floating / market-linked | At maturity | 27 Mar 2026 | 8 Jul 2031 | ₹1,00,000 | 300 | Secured | None recorded | NSE | CARE A- 28 Oct 2026 |
| INE0L6807328 | Market-linked debenture | 0% | At maturity | 29 Apr 2026 | 9 Sep 2031 | ₹1,00,000 | 700 | Secured | None recorded | BSE, NSE | CARE A- 28 Oct 2026 |
| INE0L6807336 | Market-linked debenture | 0% | At maturity | 27 May 2026 | 4 Nov 2031 | ₹1,00,000 | 350 | Secured | None recorded | BSE, NSE | CARE A- 28 Oct 2026 |
| INE0L6807344 | Market-linked debenture | Floating / market-linked | At maturity | 19 Jun 2026 | 13 Jan 2032 | ₹1,00,000 | 500 | Secured | None recorded | NSE | CARE A- 28 Oct 2026 |
| INE0L6807351 | Market-linked debenture | Floating / market-linked | At maturity | 1 Jul 2026 | 24 Feb 2032 | ₹1,00,000 | 300 | Secured | None recorded | NSE | CARE A- 28 Oct 2026 |
| INE0L6807369 | Market-linked debenture | Floating / market-linked | At maturity | 6 Aug 2026 | 22 Jun 2032 | ₹1,00,000 | 300 | Secured | None recorded | NSE | CARE A- 28 Oct 2026 |
| INE0L6807377 | NCD | Floating / market-linked | At maturity | 9 Oct 2026 | 24 Aug 2032 | ₹1,00,000 | 150 | Secured | None recorded | NSE | CARE A- 28 Oct 2026 |
| INE0L6807385 | Market-linked debenture | Floating / market-linked | At maturity | 15 Oct 2026 | 26 Oct 2032 | ₹1,00,000 | 200 | Secured | None recorded | NSE | CARE A- 28 Oct 2026 |
| INE0L6807393 | Market-linked debenture | 0% | At maturity | 6 Nov 2026 | 7 Dec 2032 | ₹1,00,000 | 400 | Secured | None recorded | BSE, NSE | CARE A- 28 Oct 2026 |
| INE0L6808045 | Subordinated NCD (Tier II) | Floating / market-linked | At maturity | 3 May 2024 | 28 Apr 2034 | ₹1,00,000 | 56.78 | Unsecured | None recorded | NSE | Acuite A 31 Jan 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 · Floating rate bond · Credit rating.
Company details
- Date of incorporation
- 17 Nov 1993
- Category
- NBFC Not Accepting Public Deposits Other than Systemically Important
- Class
- https://www.fin.alt-alpha.com/
- Listed / unlisted
- Unlisted
- Registered office
- 34th Floor, Sunshine Tower, Senapati Bapat Marg Near Kamgar Krida Maidan, Dadar (West) Mumbai
- State
- Maharashtra
- Registrar of Companies
- Maharashtra
- Authorised capital
- 210000000
- Paid-up capital
- 185300000
- Last AGM
- 16 Sep 2025
Alpha Alternatives Financial Services bonds: questions and answers
What bonds has Alpha Alternatives Financial Services Private Limited issued?
Alpha Alternatives Financial Services Private Limited has 25 outstanding bonds recorded on this page. By type, as described by NSDL: 20 market-linked debenture, 4 NCDs, 1 subordinated NCD (tier ii).
What are the ISINs of Alpha Alternatives Financial Services Private Limited bonds?
Its 25 outstanding bonds each have their own ISIN, for example INE0L6807120, INE0L6807161, INE0L6807179. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE0L68.
What coupon rates do Alpha Alternatives Financial Services Private Limited bonds pay?
15 bonds have floating or market-linked coupons. 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 Alpha Alternatives Financial Services Private Limited bonds mature?
Its outstanding bonds have maturity dates from 14 May 2027 to 28 Apr 2034. The bond table lists the maturity date of each ISIN.
What is the latest credit rating of Alpha Alternatives Financial Services Private Limited bonds?
NSDL India Bond Info records CARE A- (Stable) (action dated 28 Oct 2026); Acuite A (Stable) (action dated 31 Jan 2026) on its outstanding bonds. Checked on NSDL on 12 Nov 2026. A rating is the agency's opinion and can change at any time.
Are Alpha Alternatives Financial Services Private Limited bonds secured, unsecured or guaranteed?
NSDL records 24 of the 25 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 Alpha Alternatives Financial Services Private Limited the same company as PROVINCIAL FINANCE AND LEASING CO LIMITED?
Yes. Alpha Alternatives Financial Services Private Limited was formerly known as PROVINCIAL FINANCE AND LEASING CO LIMITED; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is U65923MH1993PTC075162.
Where can investors find the original disclosure documents for Alpha Alternatives Financial Services Private 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.
How can investors check the current market price or yield of Alpha Alternatives Financial Services Private 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
- NSDL India Bond Info: bond terms, issuer identity and ratings by ISIN
- BSE and NSE: bonds that have traded, and their exchange listings
- Methodology: how these pages are compiled and checked
Data as of 14 Nov 2026 (snapshot 20261114-2051). Facts on this page last changed on 13 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.
