Axis Finance Limited

Axis Finance Limited is an Indian company in the BFSI industry (formerly Axis Finance Private Limited and Enam Finance Private Limited and Kalpataru Hire Purchase and Leasing Pvt LTD.) with 48 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 6.8% to 8.73% a year. 2 have floating or market-linked coupons. Maturity dates run from 18 Nov 2026 to 31 Dec 2105. NSDL records 29 of the 48 whose terms it holds as secured. Latest credit ratings on record: India Ratings AAA (Stable) (action dated 23 Oct 2026); CARE AAA (Stable) (action dated 24 Sep 2026); Brickwork AAA (Stable) (action dated 2 Feb 2026); CRISIL AAA (Stable) (action dated 21 Nov 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
Axis Finance Limited
Formerly
Axis Finance Private Limited; Enam Finance Private Limited; Kalpataru Hire Purchase and Leasing Pvt LTD.
CIN
U65921MH1995PLC212675
LEI
3358003JYOPDXMYSYL23
Industry
BFSI
Business
Non-Banking Financial Company (NBFC)
Ownership
Non PSU
ISIN issuer code
INE891K
Outstanding bonds (ISINs)
48 (plus 40 matured)
Stated coupons (fixed rate)
6.8% – 8.73%
Maturity dates
18 Nov 2026 – 31 Dec 2105
Secured (NSDL)
29 of 48
Combined issue size of outstanding bonds
₹17,686 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.

Axis Finance bonds: ISIN, coupon and maturity

48 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE891K07721 NCD 6.8% Yearly 18 Nov 2021 18 Nov 2026 ₹10,00,000 700 Secured None recorded — CRISIL AAA 26 Oct 2021
INE891K07879 NCD 8% Yearly 13 Sep 2023 11 Dec 2026 ₹1,00,000 150 Secured None recorded — India Ratings AAA 23 Oct 2026
INE891K07903 NCD 8.29% Yearly 29 Dec 2023 26 Feb 2027 ₹1,00,000 600 Secured None recorded — CRISIL AAA 6 Dec 2023
INE891K07952 NCD 8.35% Yearly 7 Mar 2024 7 May 2027 ₹1,00,000 800 Secured None recorded BSE India Ratings AAA 23 Oct 2026
INE891K08042 Subordinated NCD (Tier II) 8.5% Yearly 11 May 2017 11 May 2027 ₹10,00,000 200 Unsecured None recorded BSE CRISIL AAA 27 Apr 2017
INE891K07978 NCD 8.29% Yearly 19 Apr 2024 19 Aug 2027 ₹1,00,000 800 Secured None recorded BSE India Ratings AAA 23 Oct 2026
INE891K07812 NCD 7.7% Yearly 8 Sep 2022 8 Sep 2027 ₹10,00,000 300 Secured None recorded — India Ratings AAA 23 Oct 2026
INE891K08059 Subordinated NCD (Tier II) 8.08% Yearly 14 Sep 2017 14 Sep 2027 ₹10,00,000 100 Unsecured None recorded — CRISIL AAA 11 Sep 2017
INE891K07AC6 NCD 7.88% Yearly 19 Dec 2024 19 Nov 2027 ₹1,00,000 250 Secured None recorded — CRISIL AAA 28 Jun 2024
INE891K07AA0 NCD Floating / market-linked Yearly 29 Nov 2024 28 Jan 2028 ₹1,00,000 800 Secured None recorded — CRISIL AAA 28 Jun 2024
INE891K07820 NCD 8.07% Yearly 23 Feb 2023 23 Feb 2028 ₹1,00,000 263 Secured None recorded — India Ratings AAA 23 Oct 2026
INE891K07853 NCD 7.95% Yearly 26 May 2023 26 May 2028 ₹1,00,000 500 Secured None recorded — CRISIL AAA 15 May 2023
INE891K07AF9 NCD 7.73% Yearly 11 Apr 2025 12 Jun 2028 ₹1,00,000 800 Secured None recorded — CRISIL AAA 28 Jun 2024
INE891K07AG7 NCD 7.37% Yearly 23 May 2025 23 Aug 2028 ₹1,00,000 1,000 Secured None recorded BSE CRISIL AAA 28 Jun 2024
INE891K07AI3 NCD 7.23% Yearly 24 Oct 2025 24 Oct 2028 ₹1,00,000 1,000 Secured None recorded — India Ratings AAA 23 Oct 2026
INE891K07895 NCD 8.1% Yearly 17 Nov 2023 17 Nov 2028 ₹1,00,000 200 Secured None recorded — CRISIL AAA 8 Nov 2023
INE891K07AM5 NCD Floating / market-linked Quarterly 11 Jun 2026 11 Jan 2029 ₹1,00,000 800 Secured None recorded — CRISIL AAA 21 Nov 2025
INE891K07929 NCD 8.19% Yearly 29 Jan 2024 29 Jan 2029 ₹1,00,000 500 Secured None recorded — India Ratings AAA 23 Oct 2026
INE891K07937 NCD 8.14% Yearly 21 Feb 2024 21 Feb 2029 ₹1,00,000 284 Secured None recorded — India Ratings AAA 23 Oct 2026
INE891K07AL7 NCD 7.7% Yearly 17 Apr 2026 17 Apr 2029 ₹1,00,000 375 Secured None recorded — CRISIL AAA 21 Nov 2025
INE891K07986 NCD 8.15% Yearly 22 May 2024 22 May 2029 ₹1,00,000 355 Secured None recorded — India Ratings AAA 23 Oct 2026
INE891K07473 NCD 8.4% Yearly 27 Jun 2019 27 Jun 2029 ₹10,00,000 40.00 Secured Partially guaranteed — CRISIL AAA 3 Jun 2019
INE891K07AO1 NCD 7.9% Yearly 13 Aug 2026 16 Jul 2029 ₹1,00,000 1,100 Secured None recorded — CRISIL AAA 21 Nov 2025
INE891K07AN3 NCD 7.81% Yearly 3 Jul 2026 3 Aug 2029 ₹1,00,000 600 Secured None recorded — CRISIL AAA 21 Nov 2025
INE891K07AB8 NCD 7.89% Yearly 19 Dec 2024 19 Dec 2029 ₹1,00,000 300 Secured None recorded — CRISIL AAA 28 Jun 2024
INE891K07AE2 NCD 7.97% Yearly 27 Mar 2025 27 Mar 2030 ₹1,00,000 100 Secured None recorded BSE CRISIL AAA 28 Jun 2024
INE891K07AJ1 NCD 7.35% Yearly 21 Nov 2025 21 Nov 2030 ₹1,00,000 250 Secured None recorded — CRISIL AAA 27 Jun 2025
INE891K08067 Subordinated NCD (Tier II) 7.45% At maturity 15 Feb 2021 14 Feb 2031 ₹10,00,000 70.00 Unsecured None recorded — CRISIL AAA 21 Jan 2021
INE891K08075 Subordinated NCD (Tier II) 7.4% Yearly 10 Jun 2021 10 Jun 2031 ₹10,00,000 100 Unsecured None recorded — CRISIL AAA 31 May 2021
INE891K07671 NCD 7.27% Yearly 28 Jun 2021 26 Jun 2031 ₹10,00,000 124 Secured None recorded — CRISIL AAA 31 May 2021
INE891K07AP8 NCD 8.21% Yearly 24 Sep 2026 11 Aug 2031 ₹1,00,000 500 Secured None recorded BSE CRISIL AAA 21 Nov 2025
INE891K08091 Subordinated NCD (Tier II) 7.42% Yearly 6 Dec 2021 5 Dec 2031 ₹1,00,00,000 160 Unsecured None recorded — CRISIL AAA 23 Nov 2021
INE891K08117 Perpetual debt 7.76% Yearly 31 Dec 2021 1 Jan 2032 ₹1,00,00,000 50.00 Unsecured None recorded — CRISIL AAA 22 Dec 2021
INE891K08125 Perpetual debt 8.34% Yearly 30 Aug 2022 30 Aug 2032 ₹1,00,00,000 100 Unsecured None recorded — Brickwork AAA 2 Feb 2026
INE891K08133 Subordinated NCD (Tier II) 8.07% Yearly 26 Sep 2022 24 Sep 2032 ₹1,00,00,000 100 Unsecured None recorded — CRISIL AAA 15 Sep 2022
INE891K08141 NCD 8.06% Yearly 28 Nov 2022 26 Nov 2032 ₹1,00,00,000 200 Unsecured None recorded — CRISIL AAA 11 Nov 2022
INE891K08166 NCD 8.28% Yearly 30 Oct 2023 28 Oct 2033 ₹1,00,000 450 Unsecured None recorded — CRISIL AAA 11 Oct 2023
INE891K08174 Subordinated NCD (Tier II) 8.38% Yearly 11 Jan 2024 11 Jan 2034 ₹1,00,000 375 Unsecured None recorded — CRISIL AAA 6 Dec 2023
INE891K08190 Perpetual debt 8.67% Yearly 4 Jun 2024 5 Jun 2034 ₹1,00,00,000 100 Unsecured None recorded — CRISIL AAA 3 Jul 2023
INE891K08208 Subordinated NCD (Tier II) 8.35% Yearly 24 Jun 2024 23 Jun 2034 ₹1,00,000 600 Unsecured None recorded — CRISIL AAA 3 Jul 2023
INE891K07AD4 NCD 7.85% Yearly 19 Dec 2024 19 Dec 2034 ₹1,00,000 150 Secured None recorded — CRISIL AAA 28 Jun 2024
INE891K08216 Perpetual debt 8.41% Yearly 27 Dec 2024 27 Dec 2034 ₹1,00,00,000 50.00 Unsecured None recorded — CRISIL AAA 28 Jun 2024
INE891K08224 Subordinated NCD (Tier II) 8.04% Yearly 8 Aug 2025 8 Aug 2035 ₹1,00,000 250 Unsecured None recorded — CRISIL AAA 27 Jun 2025
INE891K07AK9 NCD 7.74% Yearly 10 Mar 2026 10 Mar 2036 ₹1,00,000 600 Secured None recorded — CRISIL AAA 21 Nov 2025
INE891K08182 Perpetual debt 8.73% Yearly 26 Mar 2024 26 Mar 2099 ₹1,00,00,000 65.00 Unsecured None recorded — CRISIL AAA 3 Jul 2023
INE891K08083 Perpetual debt 7.9% Yearly 25 Aug 2021 25 Aug 2099 ₹1,00,00,000 200 Unsecured None recorded — CRISIL AAA 3 Aug 2021
INE891K08158 Perpetual debt 8.15% Yearly 26 Dec 2022 31 Dec 2099 ₹1,00,00,000 125 Unsecured None recorded — CARE AAA 5 Dec 2025
INE891K08232 Perpetual debt 8.12% Yearly 13 Jan 2026 31 Dec 2105 ₹1,00,00,000 150 Unsecured None recorded — CRISIL AAA 21 Nov 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 · Floating rate bond · Credit rating.

Axis Finance credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
India Ratings AAA Stable Reaffirm 23 Oct 2026 24 Verified by NSDL · Checked 12 Nov 2026
CARE AAA Stable New 24 Sep 2026 29 Verified by NSDL · Checked 12 Nov 2026
Brickwork AAA Stable Reaffirm 2 Feb 2026 3 Verified by NSDL · Checked 12 Nov 2026
CRISIL AAA Stable New 21 Nov 2025 37 Verified by NSDL · Checked 12 Nov 2026
Rating history
Date Agency Rating Outlook Action
23 Oct 2026 India Ratings AAA Stable Reaffirm
24 Sep 2026 CARE AAA Stable New
13 Aug 2026 CARE AAA Stable New
3 Jul 2026 CARE AAA Stable New
11 Jun 2026 CARE AAA Stable New
17 Apr 2026 CARE AAA Stable New
10 Mar 2026 CARE AAA Stable New
2 Feb 2026 Brickwork AAA Stable Reaffirm
13 Jan 2026 CARE AAA Stable New
5 Dec 2025 CARE AAA Stable Reaffirm
21 Nov 2025 CRISIL AAA Stable New
24 Oct 2025 India Ratings AAA Stable Reaffirm
30 Jun 2025 India Ratings AAA Stable Reaffirm
27 Jun 2025 CRISIL AAA Stable New
3 Feb 2025 Brickwork AAA 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: CRISIL, CARE, India Ratings, Brickwork

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
24 Sep 2026 INE891K07AP8 11 Aug 2031 Placement memorandum on BSE
13 Aug 2026 INE891K07AO1 16 Jul 2029 Placement memorandum on BSE
3 Jul 2026 INE891K07AN3 3 Aug 2029 Placement memorandum on BSE
11 Jun 2026 INE891K07AM5 11 Jan 2029 Placement memorandum on BSE
26 May 2026 INE891K07AL7 17 Apr 2029 Placement memorandum on BSE
17 Apr 2026 INE891K07AL7 17 Apr 2029 Placement memorandum on BSE
10 Mar 2026 INE891K07AK9 10 Mar 2036 Placement memorandum on BSE
13 Jan 2026 INE891K08232 31 Dec 2105 Placement memorandum on BSE
21 Nov 2025 INE891K07AJ1 21 Nov 2030 Placement memorandum on BSE
31 Oct 2025 INE891K08224 8 Aug 2035 Placement memorandum on BSE
24 Oct 2025 INE891K07AI3 24 Oct 2028 Placement memorandum on BSE
8 Aug 2025 INE891K08224 8 Aug 2035 Placement memorandum on BSE
23 May 2025 INE891K07AG7 23 Aug 2028 Placement memorandum on BSE
11 Apr 2025 INE891K07AE2 27 Mar 2030 Placement memorandum on BSE
11 Apr 2025 INE891K07AF9 12 Jun 2028 Placement memorandum on BSE
27 Mar 2025 INE891K07AE2 27 Mar 2030 Placement memorandum on BSE
16 Jan 2025 INE891K08208 23 Jun 2034 Placement memorandum on BSE
27 Dec 2024 INE891K08216 27 Dec 2034 Placement memorandum on BSE
19 Dec 2024 INE891K07AC6 19 Nov 2027 Placement memorandum on BSE
19 Dec 2024 INE891K07AB8 19 Dec 2029 Placement memorandum on BSE
19 Dec 2024 INE891K07AD4 19 Dec 2034 Placement memorandum on BSE
29 Nov 2024 INE891K07903 26 Feb 2027 Placement memorandum on BSE
29 Nov 2024 INE891K07AA0 28 Jan 2028 Placement memorandum on BSE
13 Sep 2024 INE891K08208 23 Jun 2034 Placement memorandum on BSE
26 Aug 2024 INE891K07986 22 May 2029 Placement memorandum on BSE
23 Jul 2024 INE891K07937 21 Feb 2029 Placement memorandum on BSE
24 Jun 2024 INE891K08208 23 Jun 2034 Placement memorandum on BSE
4 Jun 2024 INE891K08190 5 Jun 2034 Placement memorandum on BSE
22 May 2024 INE891K07986 22 May 2029 Placement memorandum on BSE
22 May 2024 INE891K07978 19 Aug 2027 Placement memorandum on BSE
19 Apr 2024 INE891K07978 19 Aug 2027 Placement memorandum on BSE
26 Mar 2024 INE891K08182 26 Mar 2099 Placement memorandum on BSE
19 Mar 2024 INE891K08174 11 Jan 2034 Placement memorandum on BSE
7 Mar 2024 INE891K07952 7 May 2027 Placement memorandum on BSE
7 Mar 2024 INE891K07960 6 Mar 2026 Placement memorandum on BSE
28 Feb 2024 INE891K07945 27 Feb 2026 Placement memorandum on BSE
28 Feb 2024 INE891K07903 26 Feb 2027 Placement memorandum on BSE
21 Feb 2024 INE891K07937 21 Feb 2029 Placement memorandum on BSE
29 Jan 2024 INE891K07929 29 Jan 2029 Placement memorandum on BSE
11 Jan 2024 INE891K08174 11 Jan 2034 Placement memorandum on BSE
29 Dec 2023 INE891K07911 26 Dec 2025 Placement memorandum on BSE
29 Dec 2023 INE891K07903 26 Feb 2027 Placement memorandum on BSE
12 Dec 2023 INE891K08166 28 Oct 2033 Placement memorandum on BSE
17 Nov 2023 INE891K07721 18 Nov 2026 Placement memorandum on BSE
17 Nov 2023 INE891K07895 17 Nov 2028 Placement memorandum on BSE
30 Oct 2023 INE891K08166 28 Oct 2033 Placement memorandum on BSE
22 Sep 2023 INE891K07887 22 Jul 2026 Placement memorandum on BSE
13 Sep 2023 INE891K07879 11 Dec 2026 Placement memorandum on BSE
30 Jun 2023 INE891K07861 30 Jun 2026 Placement memorandum on BSE
26 May 2023 INE891K07853 26 May 2028 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.

Axis Finance bonds: questions and answers

What bonds has Axis Finance Limited issued?

Axis Finance Limited has 48 outstanding bonds recorded on this page. By type, as described by NSDL: 31 NCDs, 9 subordinated NCD (tier ii), 8 perpetual debt. 40 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of Axis Finance Limited bonds?

Its 48 outstanding bonds each have their own ISIN, for example INE891K07721, INE891K07879, INE891K07903. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE891K.

What coupon rates do Axis Finance Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 6.8% to 8.73% a year on face value. 2 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 Axis Finance Limited bonds mature?

Its outstanding bonds have maturity dates from 18 Nov 2026 to 31 Dec 2105. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Axis Finance Limited bonds?

NSDL India Bond Info records India Ratings AAA (Stable) (action dated 23 Oct 2026); CARE AAA (Stable) (action dated 24 Sep 2026); Brickwork AAA (Stable) (action dated 2 Feb 2026); CRISIL AAA (Stable) (action dated 21 Nov 2025) 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 Axis Finance Limited bonds secured, unsecured or guaranteed?

NSDL records 29 of the 48 outstanding bonds whose terms it holds as secured and 19 as unsecured. One 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 Axis Finance Limited the same company as Axis Finance Private Limited?

Yes. Axis Finance Limited was formerly known as Axis Finance Private Limited and Enam Finance Private Limited and Kalpataru Hire Purchase and Leasing Pvt LTD.; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is U65921MH1995PLC212675.

Where can investors find the original disclosure documents for Axis 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 Axis 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 12 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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