IFCI Limited

IFCI Limited is an Indian company in the BFSI industry (formerly The Industrial Finance Corporation of India Limited) with 5 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 8.76% to 9.98% a year. Maturity dates run from 5 Nov 2027 to 18 Sep 2037. NSDL records 1 of the 5 whose terms it holds as secured. Latest credit ratings on record: Brickwork B+ (Negative) (action dated 4 Nov 2026); ICRA B+ (No Outlook) (action dated 14 Sep 2026); CARE BB (No Outlook) (action dated 17 Aug 2026); CREDIT ANALYSIS & RESEARCH LTD. A (action dated 14 Apr 2014). Verify current terms against the official documents linked on this page.

Data as of 15 Nov 2026 (snapshot 20261115-2253) · How this page is compiled

Issuer overview

Legal name
IFCI Limited
Formerly
The Industrial Finance Corporation of India Limited
CIN
L74899DL1993PLC053677
LEI
3358007NRXJW5PA61H06
Industry
BFSI
Business
Non-Banking Financial Company (NBFC)
Ownership
Non PSU
ISIN issuer code
INE039A
Outstanding bonds (ISINs)
5 (plus 2 matured)
Stated coupons (fixed rate)
8.76% – 9.98%
Maturity dates
5 Nov 2027 – 18 Sep 2037
Secured (NSDL)
1 of 5
Combined issue size of outstanding bonds
₹1,050 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.

IFCI bonds: ISIN, coupon and maturity

5 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE039A09PN4 Bond (NCD) 9.9% Yearly 5 Nov 2012 5 Nov 2027 ₹25,000 106 Unsecured None recorded BSE CARE BB 17 Aug 2026
INE039A09PU9 Tax-free bond 8.76% Yearly 31 Mar 2014 31 Mar 2029 ₹10,00,000 145 Secured None recorded BSE CARE BB 17 Aug 2026
INE039A09MD2 Bond (NCD) 9.75% Yearly 16 Jul 2010 16 Jul 2030 ₹10,00,000 500 Unsecured None recorded BSE Brickwork B+ 4 Nov 2026
INE039A09MN1 Bond (NCD) 9.98% Yearly 29 Oct 2010 29 Oct 2030 ₹10,00,000 249 Unsecured None recorded BSE Brickwork B+ 4 Nov 2026
INE039A09PD5 Bond (NCD) 9.98% Yearly 18 Sep 2012 18 Sep 2037 ₹1,00,000 50.00 Unsecured None recorded BSE CARE BBB- 9 Jan 2012
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.

IFCI credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
Brickwork B+ Negative Reaffirm 4 Nov 2026 5 Verified by NSDL · Checked 12 Nov 2026
ICRA B+ No Outlook Reaffirm 14 Sep 2026 2 Checked 12 Nov 2026
CARE BB No Outlook Reaffirm 17 Aug 2026 3 Not verified by NSDL on some bonds · Checked 12 Nov 2026
CREDIT ANALYSIS & RESEARCH LTD. A — — 14 Apr 2014 1 Over 12 months old · Checked 12 Nov 2026
Rating history
Date Agency Rating Outlook Action
4 Nov 2026 Brickwork B+ Negative Reaffirm
14 Sep 2026 ICRA B+ No Outlook Reaffirm
17 Aug 2026 CARE BB No Outlook Reaffirm
5 Nov 2025 Brickwork B+ Negative Reaffirm
16 Sep 2025 ICRA B+ No Outlook Reaffirm
18 Aug 2025 CARE BB No Outlook Reaffirm
3 Dec 2024 CARE BB No Outlook Reaffirm
3 Dec 2024 ICRA B+ No Outlook Reaffirm
7 Nov 2024 Brickwork B+ Negative Reaffirm
4 Jul 2024 CARE BB Negative Reaffirm
28 May 2024 ICRA B+ Negative Reaffirm
10 Nov 2023 Brickwork B+ Negative Reaffirm
5 Jul 2023 CARE BB Negative Reaffirm
29 May 2023 ICRA B+ Negative Reaffirm
4 Oct 2022 Brickwork B+ Negative Downgrade

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: ICRA, CARE, Brickwork

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
29 Jun 2020 INE039A08189 21 Apr 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.

IFCI bonds: questions and answers

What bonds has IFCI Limited issued?

IFCI Limited has 5 outstanding bonds recorded on this page. By type, as described by NSDL: 4 bond (ncd), 1 tax-free bond. 2 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of IFCI Limited bonds?

Its 5 outstanding bonds each have their own ISIN, for example INE039A09PN4, INE039A09PU9, INE039A09MD2. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE039A.

What coupon rates do IFCI Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 8.76% to 9.98% 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 IFCI Limited bonds mature?

Its outstanding bonds have maturity dates from 5 Nov 2027 to 18 Sep 2037. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of IFCI Limited bonds?

NSDL India Bond Info records Brickwork B+ (Negative) (action dated 4 Nov 2026); ICRA B+ (No Outlook) (action dated 14 Sep 2026); CARE BB (No Outlook) (action dated 17 Aug 2026); CREDIT ANALYSIS & RESEARCH LTD. A (action dated 14 Apr 2014) 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 IFCI Limited bonds secured, unsecured or guaranteed?

NSDL records 1 of the 5 outstanding bonds whose terms it holds as secured and 4 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 IFCI Limited the same company as The Industrial Finance Corporation of India Limited?

Yes. IFCI Limited was formerly known as The Industrial Finance Corporation of India Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is L74899DL1993PLC053677.

Where can investors find the original disclosure documents for IFCI 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 IFCI 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 15 Nov 2026 (snapshot 20261115-2253). 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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