Avanse Financial Services Limited is an Indian company in the BFSI industry (formerly Avanse Financial Services Private Limited and Abhivruddhi Holdings Private Limited) with 15 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 8.8% to 9.6% a year. One has a floating or market-linked coupon. Maturity dates run from 16 Apr 2027 to 29 Dec 2028. NSDL records 13 of the 15 whose terms it holds as secured. Latest credit ratings on record: CARE AA- (Stable) (action dated 3 Nov 2026); India Ratings AA (Stable) (action dated 3 Jun 2026); Brickwork AA- (Stable) (action dated 12 Jan 2026); CRISIL AA- (Stable) (action dated 26 May 2025). Verify current terms against the official documents linked on this page.
Data as of 13 Nov 2026 (snapshot 20261113-2049) · How this page is compiled
Issuer overview
- Legal name
- Avanse Financial Services Limited
- Formerly
- Avanse Financial Services Private Limited; Abhivruddhi Holdings Private Limited
- CIN
- U67120MH1992PLC068060
- LEI
- 3358007VK1Y5LHFE2E27
- Industry
- BFSI
- Business
- Non-Banking Financial Company (NBFC)
- Ownership
- Non PSU
- ISIN issuer code
- INE087P
- Outstanding bonds (ISINs)
- 15 (plus 30 matured)
- Stated coupons (fixed rate)
- 8.8% – 9.6%
- Maturity dates
- 16 Apr 2027 – 29 Dec 2028
- Secured (NSDL)
- 13 of 15
- Combined issue size of outstanding bonds
- ₹2,950 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.
Avanse Financial Services 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| INE087P07428 | NCD | 9.4% | Yearly | 16 Oct 2024 | 16 Apr 2027 | ₹1,00,000 | 75.00 | Secured | None recorded | — | CRISIL AA- 26 Aug 2024 |
| INE087P07451 | NCD | 9.6% | Yearly | 31 Oct 2024 | 30 Apr 2027 | ₹1,00,000 | 225 | Secured | None recorded | BSE | CRISIL AA- 26 Aug 2024 |
| INE087P08020 | Subordinated NCD (Tier II) | 9.5% | Yearly | 30 Jun 2017 | 30 Jun 2027 | ₹10,00,000 | 25.00 | Unsecured | None recorded | — | CARE AA- 3 Nov 2026 |
| INE087P07519 | NCD | Floating / market-linked | Yearly | 10 Aug 2026 | 10 Sep 2027 | ₹1,00,000 | 100 | Secured | None recorded | — | India Ratings AA 3 Jun 2026 |
| INE087P07485 | NCD | 8.9% | Yearly | 24 Jul 2025 | 10 Sep 2027 | ₹1,00,000 | 100 | Secured | None recorded | — | CRISIL AA- 26 May 2025 |
| INE087P07402 | NCD | 9.4% | Yearly | 27 Sep 2024 | 27 Sep 2027 | ₹1,00,000 | 500 | Secured | None recorded | — | Unrated |
| INE087P07410 | NCD | 9.4% | Yearly | 7 Oct 2024 | 7 Oct 2027 | ₹1,00,000 | 450 | Secured | None recorded | — | CRISIL AA- 26 Aug 2024 |
| INE087P07444 | NCD | 9.4% | Yearly | 22 Oct 2024 | 22 Oct 2027 | ₹1,00,000 | 250 | Secured | None recorded | — | CRISIL AA- 26 Aug 2024 |
| INE087P07501 | NCD | 8.8% | Quarterly | 28 Jul 2026 | 28 Oct 2027 | ₹1,00,000 | 500 | Secured | None recorded | — | India Ratings AA 3 Jun 2026 |
| INE087P07469 | NCD | 9.4% | Yearly | 31 Oct 2024 | 29 Oct 2027 | ₹1,00,000 | 300 | Secured | None recorded | — | CRISIL AA- 26 Aug 2024 |
| INE087P08038 | NCD | 9.35% | Yearly | 27 Dec 2017 | 27 Dec 2027 | ₹10,00,000 | 25.00 | Unsecured | None recorded | — | CARE AA- 3 Nov 2026 |
| INE087P07477 | NCD | 9% | Yearly | 24 Jul 2025 | 24 Jul 2028 | ₹1,00,000 | 100 | Secured | None recorded | — | CRISIL AA- 26 May 2025 |
| INE087P07352 | NCD | 9.4% | Yearly | 28 Jul 2023 | 28 Jul 2028 | ₹1,00,000 | 100 | Secured | None recorded | — | CARE AA- 3 Nov 2026 |
| INE087P07436 | NCD | 9.56% | Yearly | 16 Oct 2024 | 16 Oct 2028 | ₹1,00,000 | 100 | Secured | None recorded | — | CRISIL AA- 26 Aug 2024 |
| INE087P07493 | NCD | 8.9% | Quarterly | 30 Jun 2026 | 29 Dec 2028 | ₹1,00,000 | 100 | Secured | None recorded | — | India Ratings AA 3 Jun 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.
Private placements and disclosure documents
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.
Avanse Financial Services bonds: questions and answers
What bonds has Avanse Financial Services Limited issued?
Avanse Financial Services Limited has 15 outstanding bonds recorded on this page. By type, as described by NSDL: 14 NCDs, 1 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 Avanse Financial Services Limited bonds?
Its 15 outstanding bonds each have their own ISIN, for example INE087P07428, INE087P07451, INE087P08020. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE087P.
What coupon rates do Avanse Financial Services Limited bonds pay?
Stated coupons on its fixed-rate outstanding bonds range from 8.8% to 9.6% a year on face value. One bond has a floating or market-linked coupon. 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 Avanse Financial Services Limited bonds mature?
Its outstanding bonds have maturity dates from 16 Apr 2027 to 29 Dec 2028. The bond table lists the maturity date of each ISIN.
What is the latest credit rating of Avanse Financial Services Limited bonds?
NSDL India Bond Info records CARE AA- (Stable) (action dated 3 Nov 2026); India Ratings AA (Stable) (action dated 3 Jun 2026); Brickwork AA- (Stable) (action dated 12 Jan 2026); CRISIL AA- (Stable) (action dated 26 May 2025) on its outstanding bonds. Checked on NSDL on 5 Nov 2026. A rating is the agency's opinion and can change at any time.
Are Avanse Financial Services Limited bonds secured, unsecured or guaranteed?
NSDL records 13 of the 15 outstanding bonds whose terms it holds as secured and 2 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 Avanse Financial Services Limited the same company as Avanse Financial Services Private Limited?
Yes. Avanse Financial Services Limited was formerly known as Avanse Financial Services Private Limited and Abhivruddhi Holdings Private Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is U67120MH1992PLC068060.
Where can investors find the original disclosure documents for Avanse Financial Services 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 Avanse Financial Services 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
- NSDL India Bond Info: bond terms, issuer identity and ratings by ISIN
- BSE and NSE: bonds that have traded, and their exchange listings
- BSE: privately placed debt securities
- Methodology: how these pages are compiled and checked
Data as of 13 Nov 2026 (snapshot 20261113-2049). 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.
