IndoStar Capital Finance Limited

IndoStar Capital Finance Limited is an Indian company in the BFSI industry (formerly Indostar Capital Finance Private Limited and R V Vyapaar Private Limited) with 15 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 8.85% to 10.7% a year. Maturity dates run from 28 Nov 2026 to 22 Jan 2029. NSDL records 14 of the 15 whose terms it holds as secured. Latest credit rating on record: CARE AA- (Stable) (action dated 9 Jul 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
INDOSTAR CAPITAL FINANCE LIMITED
Formerly
Indostar Capital Finance Private Limited; R V Vyapaar Private Limited
CIN
L65100MH2009PLC268160
LEI
335800HNZGIACIS15W53
Company status
Active
Industry
BFSI
Business
Non-Banking Financial Company (NBFC)
Ownership
Non PSU
ISIN issuer code
INE896L
Outstanding bonds (ISINs)
15 (plus 34 matured)
Stated coupons (fixed rate)
8.85% – 10.7%
Maturity dates
28 Nov 2026 – 22 Jan 2029
Secured (NSDL)
14 of 15
Combined issue size of outstanding bonds
₹2,657 crore
Traded on
BSE, NSE

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.

IndoStar Capital 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)
INE896L08064 NCD 9.95% Quarterly 28 Feb 2024 28 Nov 2026 ₹1,00,000 200 Unsecured None recorded — CARE AA- 15 Feb 2024
INE896L07AF6 NCD 10% Yearly 26 Dec 2024 24 Dec 2026 ₹1,00,000 200 Secured None recorded — CARE AA- 9 Jul 2026
INE896L07AJ8 NCD 9.6% Yearly 26 May 2025 27 Feb 2027 ₹1,00,000 250 Secured None recorded — CARE AA- 9 Jul 2026
INE896L07AL4 NCD 9.4% Yearly 19 Jun 2025 18 Jun 2027 ₹1,00,000 225 Secured None recorded — CARE AA- 9 Jul 2026
INE896L07AK6 NCD 9.4% Yearly 19 Jun 2025 19 Jul 2027 ₹1,00,000 175 Secured None recorded — CARE AA- 9 Jul 2026
INE896L07991 NCD 10.3% Quarterly 25 Sep 2024 25 Sep 2027 ₹1,000 69.86 Secured None recorded BSE CARE AA- 9 Jul 2026
INE896L07AA7 NCD 10.7% Yearly 25 Sep 2024 25 Sep 2027 ₹1,000 37.06 Secured None recorded BSE CARE AA- 9 Jul 2026
INE896L07AP5 NCD 9.25% Yearly 23 Apr 2026 22 Nov 2027 ₹1,00,000 200 Secured None recorded NSE CARE AA- 9 Jul 2026
INE896L07AR1 NCD 9.25% Yearly 23 Apr 2026 23 Nov 2027 ₹1,00,000 125 Secured None recorded NSE CARE AA- 9 Jul 2026
INE896L07AQ3 NCD 9.25% Yearly 23 Apr 2026 24 Jan 2028 ₹1,00,000 275 Secured None recorded BSE, NSE CARE AA- 9 Jul 2026
INE896L07AN0 NCD 8.85% Yearly 22 Jan 2026 22 May 2028 ₹1,00,000 200 Secured None recorded NSE CARE AA- 9 Jul 2026
INE896L07AM2 NCD 8.9% Yearly 22 Jan 2026 24 Jul 2028 ₹1,00,000 150 Secured None recorded NSE CARE AA- 9 Jul 2026
INE896L07AS9 NCD 9.15% Yearly 23 Jul 2026 23 Aug 2028 ₹1,00,000 200 Secured None recorded NSE CARE AA- 8 Apr 2026
INE896L07AT7 NCD 9.15% Yearly 23 Jul 2026 23 Nov 2028 ₹1,00,000 200 Secured None recorded NSE CARE AA- 8 Apr 2026
INE896L07AO8 NCD 9.1% Yearly 22 Jan 2026 22 Jan 2029 ₹1,00,000 150 Secured None recorded NSE CARE AA- 9 Jul 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.

Public NCD issues

IssuerOpenedCouponTenorRatingIssue size
IndoStar Capital Finance9 May 2018————

IndoStar Capital 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 9 Jul 2026 15 Verified by NSDL · Checked 8 Nov 2026
Rating history
Date Agency Rating Outlook Action
9 Jul 2026 CARE AA- Stable Reaffirm
8 Apr 2026 CARE AA- Stable Reaffirm
29 Sep 2025 CARE AA- Stable Reaffirm
11 Dec 2024 CARE AA- Stable New
21 Aug 2024 CARE AA- Stable New
15 Feb 2024 CARE AA- Stable New
25 Jan 2024 CARE AA- Stable New
21 Aug 2012 CARE 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: CARE

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
19 Jun 2025 INE896L07AL4 18 Jun 2027 Placement memorandum on BSE
19 Jun 2025 INE896L07AK6 19 Jul 2027 Placement memorandum on BSE
26 May 2025 INE896L07AJ8 27 Feb 2027 Placement memorandum on BSE
27 Feb 2025 INE896L07AI0 27 May 2026 Placement memorandum on BSE
27 Feb 2025 INE896L07AH2 26 Jun 2026 Placement memorandum on BSE
26 Dec 2024 INE896L07AF6 24 Dec 2026 Placement memorandum on BSE
28 Feb 2024 INE896L08064 28 Nov 2026 Placement memorandum on BSE
24 Jan 2024 INE896L07942 24 Sep 2025 Placement memorandum on BSE
3 Oct 2023 INE896L08056 3 Apr 2025 Placement memorandum on BSE
30 Jun 2023 INE896L07918 30 Mar 2025 Placement memorandum on BSE
30 Jun 2023 INE896L07892 30 Jun 2025 Placement memorandum on BSE
15 May 2023 INE896L07876 15 May 2025 Placement memorandum on BSE
15 May 2023 INE896L07884 25 May 2026 Placement memorandum on BSE
25 Aug 2021 INE896L07785 23 Feb 2024 Placement memorandum on BSE
30 Jul 2021 INE896L08049 30 Aug 2022 Placement memorandum on BSE
4 Jun 2021 INE896L08031 4 Jul 2022 Placement memorandum on BSE
18 May 2021 INE896L07777 18 May 2023 Placement memorandum on BSE
14 May 2021 INE896L08023 14 Jun 2022 Placement memorandum on BSE
29 Dec 2020 INE896L07769 29 Jun 2022 Placement memorandum on BSE
13 Oct 2020 INE896L07751 13 Apr 2022 Placement memorandum on BSE
16 Sep 2020 INE896L07744 16 Dec 2021 Placement memorandum on BSE
18 Aug 2020 INE896L07736 18 Feb 2022 Placement memorandum on BSE
26 Jun 2020 INE896L07728 26 Jun 2023 Placement memorandum on BSE
21 May 2020 INE896L07710 21 Feb 2023 Placement memorandum on BSE
25 Nov 2019 INE896L07702 25 Oct 2024 Placement memorandum on BSE
15 Mar 2019 INE896L07694 9 Jun 2020 Placement memorandum on BSE
12 Mar 2019 INE896L07686 13 Mar 2020 Placement memorandum on BSE
25 Feb 2019 INE896L07678 26 Feb 2021 Placement memorandum on BSE
2 Nov 2018 INE896L07660 2 Nov 2021 Placement memorandum on BSE
6 Sep 2018 INE896L07652 10 Aug 2021 Placement memorandum on BSE
27 Aug 2018 INE896L07652 10 Aug 2021 Placement memorandum on BSE
3 Aug 2018 INE896L07645 1 Nov 2019 Placement memorandum on BSE
16 Jul 2018 INE896L07611 27 Sep 2019 Placement memorandum on BSE
5 Jul 2018 INE896L07629 21 Jun 2020 Placement memorandum on BSE
7 Jun 2018 INE896L07595 4 Jun 2021 Placement memorandum on BSE
4 Jun 2018 INE896L07587 15 Jun 2021 Placement memorandum on BSE
28 May 2018 INE896L07579 28 Aug 2019 Placement memorandum on BSE
2 May 2018 INE896L07561 2 May 2023 Placement memorandum on BSE
27 Mar 2018 INE896L07447 15 Apr 2021 Placement memorandum on BSE
27 Mar 2018 INE896L07520 27 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
21 Jul 2009
Category
Indostar Capital Finance Limited (ICFL) acts as a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India. It is engaged in the business of providing structured term financing solutions to vehicles, construction equipment, farm equipment, insurance, and many more. It is a subsidiary of IndoStar Home Finance Private Limited, and loans to SME borrowers in India. It offers services such as vehicle finance and vehicle sub-products. The company was incorporated in 2009 and has its registered office located in Mumbai, Maharashtra.
Class
https://www.indostarcapital.com/
Listed / unlisted
Listed
Registered office
301, CTS No 477, Wing A, Silver Utopia, Opposite Proctor and Gamble, Chakala Road, Andheri East, Sahargaon Mumbai, 400099
State
Maharashtra
Registrar of Companies
Mumbai
Authorised capital
2000000000
Paid-up capital
1616700000
Last AGM
25 Sep 2025

IndoStar Capital Finance bonds: questions and answers

What bonds has IndoStar Capital Finance Limited issued?

IndoStar Capital Finance Limited has 15 outstanding bonds recorded on this page. By type, as described by NSDL: 15 NCDs. 34 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of IndoStar Capital Finance Limited bonds?

Its 15 outstanding bonds each have their own ISIN, for example INE896L08064, INE896L07AF6, INE896L07AJ8. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE896L.

What coupon rates do IndoStar Capital Finance Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 8.85% to 10.7% 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 IndoStar Capital Finance Limited bonds mature?

Its outstanding bonds have maturity dates from 28 Nov 2026 to 22 Jan 2029. The bond table lists the maturity date of each ISIN.

What is the latest CARE credit rating of IndoStar Capital Finance Limited bonds?

NSDL India Bond Info records CARE AA- (Stable) (action dated 9 Jul 2026) on its outstanding bonds. Checked on NSDL on 8 Nov 2026. A rating is the agency's opinion and can change at any time.

Are IndoStar Capital Finance Limited bonds secured, unsecured or guaranteed?

NSDL records 14 of the 15 outstanding bonds whose terms it holds as secured and 1 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 IndoStar Capital Finance Limited the same company as Indostar Capital Finance Private Limited?

Yes. IndoStar Capital Finance Limited was formerly known as Indostar Capital Finance Private Limited and R V Vyapaar Private Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is L65100MH2009PLC268160.

Where can investors find the original disclosure documents for IndoStar Capital 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 IndoStar Capital Finance Limited bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE and NSE, 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 31 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 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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