Asirvad Micro Finance Limited

Asirvad Micro Finance Limited is an Indian company in the BFSI industry (formerly ASIRVAD MICRO FINANCE PRIVATE LIMITED) with 15 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 8.55% to 13.5% a year. Maturity dates run from 31 May 2027 to 26 May 2033. NSDL records 4 of the 15 whose terms it holds as secured. Latest credit ratings on record: CARE AA- (Stable) (action dated 6 Oct 2026); CRISIL AA- (Stable) (action dated 16 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
Asirvad Micro Finance Limited
Formerly
ASIRVAD MICRO FINANCE PRIVATE LIMITED
CIN
U65923TN2007PTC064550
LEI
335800CQBPQECIWA7833
Company status
Unlisted
Industry
BFSI
Business
Non-Banking Financial Company (NBFC)
Ownership
Non PSU
ISIN issuer code
INE516Q
Outstanding bonds (ISINs)
15 (plus 34 matured)
Stated coupons (fixed rate)
8.55% – 13.5%
Maturity dates
31 May 2027 – 26 May 2033
Secured (NSDL)
4 of 15
Combined issue size of outstanding bonds
₹1,303 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.

Asirvad Micro Finance bonds: ISIN, coupon and maturity

15 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE516Q08380 Subordinated NCD (Tier II) 13.5% Quarterly 31 Mar 2022 31 May 2027 ₹10,00,000 55.00 Unsecured None recorded BSE CRISIL AA- 16 Jan 2025
INE516Q08463 NCD 8.6% Yearly 19 Sep 2025 19 Sep 2027 ₹1,00,000 75.00 Unsecured None recorded — CRISIL AA- 30 Sep 2025
INE516Q08489 NCD 8.55% Yearly 14 Oct 2025 14 Oct 2027 ₹1,00,000 75.00 Unsecured None recorded — CRISIL AA- 30 Sep 2025
INE516Q07499 NCD 9.67% Yearly 23 Jul 2026 30 Dec 2027 ₹1,00,000 100 Secured None recorded — CARE AA- 6 Oct 2026
INE516Q07473 NCD 9.1% Yearly 30 Mar 2026 30 Mar 2028 ₹1,00,000 75.00 Secured None recorded BSE CRISIL AA- 16 Dec 2025
INE516Q07481 NCD 9.1% Yearly 2 Jun 2026 2 Jun 2028 ₹1,00,000 150 Secured None recorded BSE CRISIL AA- 16 Dec 2025
INE516Q08448 NCD 8.7% Quarterly 12 Aug 2025 12 Aug 2028 ₹1,00,000 75.00 Unsecured None recorded — CRISIL AA- 16 Jan 2025
INE516Q08455 NCD 8.7% Yearly 29 Aug 2025 29 Aug 2028 ₹1,00,000 75.00 Unsecured None recorded — CRISIL AA- 16 Jan 2025
INE516Q08471 NCD 8.7% Yearly 19 Sep 2025 19 Sep 2028 ₹1,00,000 75.00 Unsecured None recorded — CRISIL AA- 30 Sep 2025
INE516Q07507 NCD 9.1% Yearly 24 Sep 2026 24 Sep 2028 ₹1,00,000 98.00 Secured None recorded BSE CRISIL AA- 16 Dec 2025
INE516Q08398 Subordinated NCD (Tier II) 11.25% Yearly 3 Oct 2022 3 Oct 2028 ₹1,00,00,000 100 Unsecured None recorded — CRISIL AA- 16 Jan 2025
INE516Q08406 NCD 11.25% Yearly 25 Nov 2022 25 Nov 2028 ₹1,00,00,000 50.00 Unsecured None recorded — CRISIL AA- 16 Jan 2025
INE516Q08414 NCD 11.25% Yearly 31 Mar 2023 31 Mar 2029 ₹1,00,000 25.00 Unsecured None recorded — CRISIL AA- 16 Jan 2025
INE516Q08430 NCD 11.25% Yearly 7 Jul 2023 7 Jul 2030 ₹1,00,000 125 Unsecured None recorded — CRISIL AA- 16 Jan 2025
INE516Q08497 NCD 10.75% Yearly 26 May 2026 26 May 2033 ₹1,00,000 150 Unsecured None recorded BSE CRISIL AA- 16 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.

Asirvad Micro 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 6 Oct 2026 2 Verified by NSDL · Checked 7 Nov 2026
CRISIL AA- Stable New 16 Dec 2025 14 Verified by NSDL · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
6 Oct 2026 CARE AA- Stable Reaffirm
18 May 2026 CARE AA- Stable New
16 Dec 2025 CRISIL AA- Stable New
30 Sep 2025 CRISIL AA- Stable New
16 Jan 2025 CRISIL AA- Stable Reaffirm
24 Oct 2024 CRISIL AA- No Outlook Reaffirm
20 Sep 2023 CARE AA- Stable New
29 Jun 2023 CRISIL AA- Stable New
28 Feb 2023 CRISIL AA- Stable New
17 Nov 2022 CRISIL AA- Stable New
26 Sep 2022 CRISIL AA- Stable New
5 Apr 2022 CRISIL AA- 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, CARE

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
24 Sep 2026 INE516Q07507 24 Sep 2028 Placement memorandum on BSE
23 Jul 2026 INE516Q07499 30 Dec 2027 Placement memorandum on BSE
2 Jun 2026 INE516Q07481 2 Jun 2028 Placement memorandum on BSE
26 May 2026 INE516Q08497 26 May 2033 Placement memorandum on BSE
30 Mar 2026 INE516Q07473 30 Mar 2028 Placement memorandum on BSE
26 Dec 2025 INE516Q08471 19 Sep 2028 Placement memorandum on BSE
26 Dec 2025 INE516Q08489 14 Oct 2027 Placement memorandum on BSE
14 Oct 2025 INE516Q08489 14 Oct 2027 Placement memorandum on BSE
19 Sep 2025 INE516Q08471 19 Sep 2028 Placement memorandum on BSE
19 Sep 2025 INE516Q08463 19 Sep 2027 Placement memorandum on BSE
29 Aug 2025 INE516Q08455 29 Aug 2028 Placement memorandum on BSE
12 Aug 2025 INE516Q08448 12 Aug 2028 Placement memorandum on BSE
20 Jul 2023 INE516Q07465 20 Jan 2026 Placement memorandum on BSE
7 Jul 2023 INE516Q08430 7 Jul 2030 Placement memorandum on BSE
31 Mar 2023 INE516Q08414 31 Mar 2029 Placement memorandum on BSE
25 Nov 2022 INE516Q08406 25 Nov 2028 Placement memorandum on BSE
3 Oct 2022 INE516Q08398 3 Oct 2028 Placement memorandum on BSE
28 Sep 2022 INE516Q07457 28 Sep 2024 Placement memorandum on BSE
12 Sep 2022 INE516Q07440 12 Sep 2024 Placement memorandum on BSE
9 Nov 2021 INE516Q07432 9 May 2024 Placement memorandum on BSE
21 Sep 2021 INE516Q07424 15 Sep 2026 Placement memorandum on BSE
6 Sep 2021 INE516Q08364 23 Feb 2024 Placement memorandum on BSE
27 Aug 2021 INE516Q07416 27 Feb 2025 Placement memorandum on BSE
29 Jul 2021 INE516Q07408 29 Jan 2024 Placement memorandum on BSE
13 Jul 2021 INE516Q07390 13 Jul 2023 Placement memorandum on BSE
25 May 2021 INE516Q08349 25 May 2023 Placement memorandum on BSE
26 Mar 2021 INE516Q08331 26 Jun 2026 Placement memorandum on BSE
8 Mar 2021 INE516Q08323 8 Mar 2023 Placement memorandum on BSE
3 Mar 2021 INE516Q08315 3 Mar 2023 Placement memorandum on BSE
5 Feb 2021 INE516Q08307 5 Feb 2023 Placement memorandum on BSE
30 Dec 2020 INE516Q07366 30 Jun 2022 Placement memorandum on BSE
14 Dec 2020 INE516Q07358 14 Jun 2022 Placement memorandum on BSE
19 Nov 2020 INE516Q07341 19 May 2022 Placement memorandum on BSE
8 Sep 2020 INE516Q07333 8 Mar 2022 Placement memorandum on BSE
6 Aug 2020 INE516Q07325 5 Feb 2022 Placement memorandum on BSE
24 Jul 2020 INE516Q07283 28 Apr 2023 Placement memorandum on BSE
26 Jun 2020 INE516Q07317 26 Jun 2023 Placement memorandum on BSE
22 Jun 2020 INE516Q07309 21 Apr 2023 Placement memorandum on BSE
12 Jun 2020 INE516Q07291 29 May 2023 Placement memorandum on BSE
29 May 2020 INE516Q07291 29 May 2023 Placement memorandum on BSE
28 May 2020 INE516Q07283 28 Apr 2023 Placement memorandum on BSE
9 Mar 2020 INE516Q07275 7 Mar 2020 Placement memorandum on BSE
20 Jun 2019 INE516Q08281 30 May 2024 Placement memorandum on BSE
12 Jun 2019 INE516Q07259 11 Dec 2020 Placement memorandum on BSE
27 Aug 2018 INE516Q08240 27 Aug 2020 Placement memorandum on BSE
21 Aug 2018 INE516Q08224 22 Jun 2020 Placement memorandum on BSE
22 Jun 2018 INE516Q08224 22 Jun 2020 Placement memorandum on BSE
28 May 2018 INE516Q08216 20 May 2020 Placement memorandum on BSE
23 May 2018 INE516Q08208 25 May 2020 Placement memorandum on BSE
19 Mar 2018 INE516Q08190 31 Mar 2021 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
29 Aug 2007
Class
https://asirvadmicrofinance.co.in/
Listed / unlisted
Unlisted
Registered office
Ceebros Manjula, 3rd floor, Office No. 1, New No. 39, Old No.45, Montieth Road, Egmore, Opp Indian Red Cross Society , Ethiraj Salai Egmore Nungambakka Chennai
State
Tamil Nadu
Registrar of Companies
Tamil Nadu
Authorised capital
7000000000
Paid-up capital
5123200000
Last AGM
10 Aug 2026

Asirvad Micro Finance bonds: questions and answers

What bonds has Asirvad Micro Finance Limited issued?

Asirvad Micro Finance Limited has 15 outstanding bonds recorded on this page. By type, as described by NSDL: 13 NCDs, 2 subordinated NCD (tier ii). 34 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of Asirvad Micro Finance Limited bonds?

Its 15 outstanding bonds each have their own ISIN, for example INE516Q08380, INE516Q08463, INE516Q08489. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE516Q.

What coupon rates do Asirvad Micro Finance Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 8.55% to 13.5% 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 Asirvad Micro Finance Limited bonds mature?

Its outstanding bonds have maturity dates from 31 May 2027 to 26 May 2033. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Asirvad Micro Finance Limited bonds?

NSDL India Bond Info records CARE AA- (Stable) (action dated 6 Oct 2026); CRISIL AA- (Stable) (action dated 16 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 Asirvad Micro Finance Limited bonds secured, unsecured or guaranteed?

NSDL records 4 of the 15 outstanding bonds whose terms it holds as secured and 11 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 Asirvad Micro Finance Limited the same company as ASIRVAD MICRO FINANCE PRIVATE LIMITED?

Yes. Asirvad Micro Finance Limited was formerly known as ASIRVAD MICRO FINANCE PRIVATE LIMITED; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is U65923TN2007PTC064550.

Where can investors find the original disclosure documents for Asirvad Micro 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 Asirvad Micro Finance 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 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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