Annapurna Finance Private Limited

Annapurna Finance Private Limited is an Indian company in the BFSI industry (formerly ANNAPURNA MICROFINANCE PRIVATE LIMITED, GWALIOR FINANCE AND LEASING COMPANY PRIVATE LIMITED) with 12 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 9.8% to 13.1% a year. Maturity dates run from 22 Jul 2027 to 14 Apr 2032. NSDL records 5 of the 12 whose terms it holds as secured. Latest credit ratings on record: ICRA A- (Stable) (action dated 15 Jul 2026); CARE A- (Stable) (action dated 23 Apr 2026); CRISIL A- (Stable) (action dated 19 Dec 2025). 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
Annapurna Finance Private Limited
Formerly
ANNAPURNA MICROFINANCE PRIVATE LIMITED, GWALIOR FINANCE AND LEASING COMPANY PRIVATE LIMITED
CIN
U65999OR1986PTC015931
LEI
335800DHZD1Y1XJCUB03
Company status
Unlisted
Industry
BFSI
Business
Non-Banking Financial Company (NBFC)
Ownership
Non PSU
ISIN issuer code
INE515Q
Outstanding bonds (ISINs)
12 (plus 30 matured)
Stated coupons (fixed rate)
9.8% – 13.1%
Maturity dates
22 Jul 2027 – 14 Apr 2032
Secured (NSDL)
5 of 12
Combined issue size of outstanding bonds
₹1,107 crore
Traded on
BSE

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.

Annapurna Finance bonds: ISIN, coupon and maturity

12 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE515Q07640 NCD 10.95% Yearly 22 Jul 2025 22 Jul 2027 ₹37,499.95 75.00 Secured None recorded BSE ICRA A- 15 Jul 2026
INE515Q07590 NCD 10.95% Yearly 19 Oct 2022 19 Oct 2027 ₹10,00,000 46.00 Secured None recorded — ICRA A- 19 Dec 2024
INE515Q08168 NCD 11.5% Half-yearly 24 Dec 2021 24 Dec 2027 ₹10,00,000 30.00 Unsecured None recorded — Unrated
INE515Q08218 NCD 13.1% Yearly 29 Mar 2023 29 Aug 2028 ₹1,00,000 20.00 Unsecured None recorded — ICRA A- 15 Jul 2026
INE515Q08226 NCD 12.4% Yearly 31 Jul 2023 24 Apr 2029 ₹1,00,000 120 Unsecured None recorded BSE ICRA A- 15 Jul 2026
INE515Q08242 Subordinated NCD (Tier II) 12.25% Yearly 7 Dec 2023 7 Sep 2029 ₹1,00,000 100 Unsecured None recorded BSE ICRA A- 15 Jul 2026
INE515Q07632 NCD 11.25% Yearly 24 Dec 2024 15 Dec 2029 ₹1,00,000 42.00 Secured None recorded — ICRA A- 15 Jul 2026
INE515Q08267 Subordinated NCD (Tier II) 12% Yearly 23 Apr 2024 24 Jan 2030 ₹1,00,000 100 Unsecured None recorded BSE CARE A- 23 Apr 2026
INE515Q07665 NCD 10.02% Yearly 10 Dec 2025 10 Dec 2030 ₹1,00,000 260 Secured None recorded — CRISIL A- 25 Nov 2025
INE515Q07673 NCD 9.8% Yearly 29 Apr 2026 29 Apr 2031 ₹1,00,000 64.40 Secured None recorded — CARE A- 23 Apr 2026
INE515Q08275 Subordinated NCD (Tier II) 11.75% Yearly 14 May 2025 14 May 2031 ₹1,00,000 100 Unsecured None recorded BSE ICRA A- 15 Jul 2026
INE515Q08283 NCD 11.75% Yearly 30 Dec 2025 14 Apr 2032 ₹1,00,000 150 Unsecured None recorded BSE CRISIL A- 19 Dec 2025
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.

Annapurna Finance credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
ICRA A- Stable Reaffirm 15 Jul 2026 7 Verified by NSDL · Checked 7 Nov 2026
CARE A- Stable Reaffirm 23 Apr 2026 3 Verified by NSDL · Checked 7 Nov 2026
CRISIL A- Stable New 19 Dec 2025 2 Verified by NSDL · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
15 Jul 2026 ICRA A- Stable Reaffirm
23 Apr 2026 CARE A- Stable Reaffirm
26 Dec 2025 CARE WITHDRAWN No Outlook Withdrawn
26 Dec 2025 CARE A- Stable Reaffirm
19 Dec 2025 CRISIL A- Stable New
25 Nov 2025 CRISIL A- Stable New
16 Jul 2025 ICRA A- Stable New
7 May 2025 ICRA A- Stable Reaffirm
28 Mar 2025 ICRA A- Stable Reaffirm
27 Dec 2024 CARE A- Stable Reaffirm
19 Dec 2024 ICRA A- Stable Withdrawn
27 Sep 2024 ICRA A- Stable Reaffirm
18 Apr 2024 CARE A- Positive Reaffirm
16 Apr 2024 CARE A- Positive New
4 Dec 2023 ICRA A- 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, ICRA, CARE

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
29 Apr 2026 INE515Q07673 29 Apr 2031 Placement memorandum on BSE
30 Dec 2025 INE515Q08283 14 Apr 2032 Placement memorandum on BSE
10 Dec 2025 INE515Q07665 10 Dec 2030 Placement memorandum on BSE
22 Jul 2025 INE515Q07640 22 Jul 2027 Placement memorandum on BSE
14 May 2025 INE515Q08275 14 May 2031 Placement memorandum on BSE
24 Dec 2024 INE515Q07632 15 Dec 2029 Placement memorandum on BSE
23 Apr 2024 INE515Q08267 24 Jan 2030 Placement memorandum on BSE
7 Dec 2023 INE515Q08242 7 Sep 2029 Placement memorandum on BSE
24 Aug 2023 INE515Q08226 24 Apr 2029 Placement memorandum on BSE
31 Jul 2023 INE515Q08226 24 Apr 2029 Placement memorandum on BSE
29 Mar 2023 INE515Q08218 29 Aug 2028 Placement memorandum on BSE
19 Oct 2022 INE515Q07590 19 Oct 2027 Placement memorandum on BSE
27 Sep 2022 INE515Q07582 31 Oct 2025 Placement memorandum on BSE
26 Sep 2022 INE515Q08184 27 Sep 2023 Placement memorandum on BSE
26 Sep 2022 INE515Q08192 26 Sep 2024 Placement memorandum on BSE
24 Dec 2021 INE515Q08168 24 Dec 2027 Placement memorandum on BSE
12 Jul 2021 INE515Q07525 12 Jul 2026 Placement memorandum on BSE
9 Jul 2021 INE515Q07533 9 Jul 2026 Placement memorandum on BSE
4 Dec 2020 INE515Q07467 4 Jun 2022 Placement memorandum on BSE
18 Nov 2020 INE515Q07426 18 May 2022 Placement memorandum on BSE
18 Nov 2020 INE515Q07434 18 May 2022 Placement memorandum on BSE
18 Nov 2020 INE515Q07442 18 May 2022 Placement memorandum on BSE
29 Sep 2020 INE515Q07418 29 Mar 2022 Placement memorandum on BSE
22 Sep 2020 INE515Q07400 22 Sep 2026 Placement memorandum on BSE
31 Aug 2020 INE515Q07392 29 Aug 2025 Placement memorandum on BSE
12 Aug 2020 INE515Q07376 11 Feb 2022 Placement memorandum on BSE
7 Aug 2020 INE515Q07368 7 Feb 2022 Placement memorandum on BSE
30 Jul 2020 INE515Q07350 28 Jul 2023 Placement memorandum on BSE
24 Jul 2020 INE515Q07343 24 Jul 2023 Placement memorandum on BSE
21 Jul 2020 INE515Q07335 21 Jan 2022 Placement memorandum on BSE
15 Jul 2020 INE515Q07327 21 Apr 2023 Placement memorandum on BSE
26 Jun 2020 INE515Q07301 26 Jun 2023 Placement memorandum on BSE
16 Jun 2020 INE515Q07293 21 Apr 2023 Placement memorandum on BSE
5 Jun 2020 INE515Q07285 5 Jun 2023 Placement memorandum on BSE
2 May 2019 INE515Q08093 2 May 2026 Placement memorandum on BSE
20 Mar 2019 INE515Q07251 20 Mar 2025 Placement memorandum on BSE
1 Mar 2019 INE515Q07244 1 Mar 2023 Placement memorandum on BSE
19 Dec 2018 INE515Q07228 19 Dec 2025 Placement memorandum on BSE
15 Nov 2018 INE515Q07210 15 Nov 2022 Placement memorandum on BSE
24 May 2018 INE515Q08077 22 Nov 2019 Placement memorandum on BSE
27 Mar 2018 INE515Q08069 27 Sep 2023 Placement memorandum on BSE
30 Aug 2017 INE515Q07202 30 Aug 2023 Placement memorandum on BSE
24 Mar 2017 INE515Q08051 15 May 2023 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
30 Apr 1986
Class
https://annapurnafinance.in/
Listed / unlisted
Unlisted
Registered office
Plot No. 1215/1401, Khandagiri Bari, Infront of Jayadev Vatika, PS/PO- Khandagiri Bhubaneswar
State
Orissa
Registrar of Companies
Orissa
Authorised capital
1390000000
Paid-up capital
1046400000
Last AGM
12 Aug 2026

Annapurna Finance bonds: questions and answers

What bonds has Annapurna Finance Private Limited issued?

Annapurna Finance Private Limited has 12 outstanding bonds recorded on this page. By type, as described by NSDL: 9 NCDs, 3 subordinated NCD (tier ii). 30 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of Annapurna Finance Private Limited bonds?

Its 12 outstanding bonds each have their own ISIN, for example INE515Q07640, INE515Q07590, INE515Q08168. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE515Q.

What coupon rates do Annapurna Finance Private Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 9.8% to 13.1% 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 Annapurna Finance Private Limited bonds mature?

Its outstanding bonds have maturity dates from 22 Jul 2027 to 14 Apr 2032. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Annapurna Finance Private Limited bonds?

NSDL India Bond Info records ICRA A- (Stable) (action dated 15 Jul 2026); CARE A- (Stable) (action dated 23 Apr 2026); CRISIL A- (Stable) (action dated 19 Dec 2025) 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 Annapurna Finance Private Limited bonds secured, unsecured or guaranteed?

NSDL records 5 of the 12 outstanding bonds whose terms it holds as secured and 7 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 Annapurna Finance Private Limited the same company as ANNAPURNA MICROFINANCE PRIVATE LIMITED, GWALIOR FINANCE AND LEASING COMPANY PRIVATE LIMITED?

Yes. Annapurna Finance Private Limited was formerly known as ANNAPURNA MICROFINANCE PRIVATE LIMITED, GWALIOR FINANCE AND LEASING COMPANY PRIVATE LIMITED; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is U65999OR1986PTC015931.

Where can investors find the original disclosure documents for Annapurna Finance 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. 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 Annapurna Finance Private Limited bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE, 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 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.

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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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