Greaves Finance Limited

Greaves Finance Limited is an Indian company in the BFSI industry (formerly Greaves Leasing Finance Limited and Greaves Dronsfield Limited) with 10 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 10.5% to 11.5% a year. Maturity dates run from 30 Apr 2027 to 29 Dec 2028. NSDL records all 10 whose terms it holds as secured. Latest credit rating on record: India Ratings A- (Stable) (action dated 26 Aug 2026). 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
Greaves Finance Limited
Formerly
Greaves Leasing Finance Limited; Greaves Dronsfield Limited
CIN
U29299MH1958PLC011250
LEI
8945001XG0B0VCAGLN25
Industry
BFSI
Business
Non-Banking Financial Company (NBFC)
Ownership
Non PSU
ISIN issuer code
INE1QWF
Outstanding bonds (ISINs)
10
Stated coupons (fixed rate)
10.5% – 11.5%
Maturity dates
30 Apr 2027 – 29 Dec 2028
Secured (NSDL)
10 of 10
Combined issue size of outstanding bonds
₹315 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.

Greaves Finance bonds: ISIN, coupon and maturity

10 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE1QWF07022 NCD 11.5% Yearly 25 Apr 2025 30 Apr 2027 ₹1,00,000 30.00 Secured None recorded — India Ratings A- 26 Aug 2026
INE1QWF07014 NCD 10.5% Yearly 29 Sep 2025 29 Sep 2027 ₹74,998 25.00 Secured None recorded — India Ratings A- 26 Aug 2026
INE1QWF07030 NCD 10.5% Yearly 20 Oct 2025 20 Oct 2027 ₹1,00,000 25.00 Secured None recorded — India Ratings A- 26 Aug 2026
INE1QWF07048 NCD 10.5% Yearly 23 Dec 2025 23 Dec 2027 ₹1,00,000 25.00 Secured None recorded — India Ratings A- 26 Aug 2026
INE1QWF07055 NCD 10.5% Yearly 30 Jan 2026 30 Mar 2028 ₹1,00,000 25.00 Secured None recorded — India Ratings A- 26 Aug 2026
INE1QWF07063 NCD 10.5% Yearly 21 May 2026 26 May 2028 ₹1,00,000 50.00 Secured None recorded BSE India Ratings A- 26 Aug 2026
INE1QWF07071 NCD 10.5% Yearly 29 Jun 2026 29 Jun 2028 ₹1,00,000 20.00 Secured None recorded — India Ratings A- 26 Aug 2026
INE1QWF07097 NCD 10.5% Yearly 7 Sep 2026 20 Sep 2028 ₹1,00,000 50.00 Secured None recorded BSE India Ratings A- 26 Aug 2026
INE1QWF07089 NCD 10.5% Yearly 29 Jun 2026 29 Sep 2028 ₹1,00,000 15.00 Secured None recorded — India Ratings A- 26 Aug 2026
INE1QWF07105 NCD 10.5% Yearly 29 Sep 2026 29 Dec 2028 ₹1,00,000 50.00 Secured None recorded BSE India Ratings A- 26 Aug 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 · Credit rating.

Greaves 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 A- Stable Reaffirm 26 Aug 2026 10 Verified by NSDL · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
26 Aug 2026 India Ratings A- Stable Reaffirm
25 Mar 2026 India Ratings A- Stable Reaffirm
19 Sep 2025 India Ratings 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: India Ratings

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
29 Sep 2026 INE1QWF07105 29 Dec 2028 Placement memorandum on BSE
7 Sep 2026 INE1QWF07097 20 Sep 2028 Placement memorandum on BSE
29 Jun 2026 INE1QWF07089 29 Sep 2028 Placement memorandum on BSE
29 Jun 2026 INE1QWF07071 29 Jun 2028 Placement memorandum on BSE
21 May 2026 INE1QWF07063 26 May 2028 Placement memorandum on BSE
30 Jan 2026 INE1QWF07055 30 Mar 2028 Placement memorandum on BSE
23 Dec 2025 INE1QWF07048 23 Dec 2027 Placement memorandum on BSE
20 Oct 2025 INE1QWF07030 20 Oct 2027 Placement memorandum on BSE
29 Sep 2025 INE1QWF07014 29 Sep 2027 Placement memorandum on BSE
25 Apr 2025 INE1QWF07022 30 Apr 2027 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.

Greaves Finance bonds: questions and answers

What bonds has Greaves Finance Limited issued?

Greaves Finance Limited has 10 outstanding bonds recorded on this page. By type, as described by NSDL: 10 NCDs.

What are the ISINs of Greaves Finance Limited bonds?

Its 10 outstanding bonds each have their own ISIN, for example INE1QWF07022, INE1QWF07014, INE1QWF07030. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE1QWF.

What coupon rates do Greaves Finance Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 10.5% to 11.5% 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 Greaves Finance Limited bonds mature?

Its outstanding bonds have maturity dates from 30 Apr 2027 to 29 Dec 2028. The bond table lists the maturity date of each ISIN.

What is the latest India Ratings credit rating of Greaves Finance Limited bonds?

NSDL India Bond Info records India Ratings A- (Stable) (action dated 26 Aug 2026) 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 Greaves Finance Limited bonds secured, unsecured or guaranteed?

NSDL records all 10 outstanding bonds whose terms it holds as secured. 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 Greaves Finance Limited the same company as Greaves Leasing Finance Limited?

Yes. Greaves Finance Limited was formerly known as Greaves Leasing Finance Limited and Greaves Dronsfield Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is U29299MH1958PLC011250.

Where can investors find the original disclosure documents for Greaves 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 Greaves 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 13 Nov 2026 (snapshot 20261113-2049). Facts on this page last changed on 27 Oct 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
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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