Manba Finance Limited

Manba Finance Limited is an Indian company in the BFSI industry (formerly Manba Finance Private Limited) with 12 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 9 Feb 2027 to 17 Apr 2029. NSDL records 11 of the 12 whose terms it holds as secured. Latest credit rating on record: CARE A- (Stable) (action dated 6 Oct 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
Manba Finance Limited
Formerly
Manba Finance Private Limited
CIN
U65923MH1996PLC099938
LEI
3358003JH2C9342TNH61
Industry
BFSI
Business
Non-Banking Financial Company (NBFC)
Ownership
Non PSU
ISIN issuer code
INE939X
Outstanding bonds (ISINs)
12 (plus 16 matured)
Stated coupons (fixed rate)
10.5% – 11.5%
Maturity dates
9 Feb 2027 – 17 Apr 2029
Secured (NSDL)
11 of 12
Combined issue size of outstanding bonds
₹620 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.

Manba Finance bonds: ISIN, coupon and maturity

12 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE939X07192 NCD 11.25% Yearly 9 May 2025 9 Feb 2027 ₹10,000 25.00 Secured Guaranteed BSE CARE A- 6 Oct 2026
INE939X08059 NCD 11.5% Quarterly 17 Jun 2025 17 Feb 2027 ₹1,00,000 20.00 Unsecured None recorded — CARE A- 6 Oct 2026
INE939X07200 NCD 11.3% Yearly 5 Jun 2025 5 Jun 2027 ₹10,000 35.00 Secured Guaranteed — CARE A- 6 Oct 2026
INE939X07226 NCD 11.25% Yearly 27 Jun 2025 27 Jul 2027 ₹10,000 50.00 Secured Guaranteed — CARE A- 6 Oct 2026
INE939X07234 NCD 10.95% Yearly 20 Aug 2025 20 Oct 2027 ₹1,00,000 75.00 Secured Guaranteed BSE CARE A- 6 Oct 2026
INE939X07218 NCD 11.35% Yearly 5 Jun 2025 25 Nov 2027 ₹10,000 15.00 Secured Guaranteed — CARE A- 6 Oct 2026
INE939X07242 NCD 11% Quarterly 29 Sep 2025 13 Mar 2028 ₹1,00,000 100 Secured Guaranteed BSE CARE A- 6 Oct 2026
INE939X07259 NCD 10.65% Yearly 28 Jan 2026 26 Mar 2028 ₹10,000 50.00 Secured Guaranteed BSE CARE A- 6 Oct 2026
INE939X07275 NCD 10.65% Yearly 24 Sep 2026 24 Nov 2028 ₹10,000 50.00 Secured Guaranteed BSE CARE A- 6 Oct 2026
INE939X07267 NCD 10.6% Quarterly 24 Aug 2026 28 Nov 2028 ₹1,00,000 90.00 Secured Guaranteed — CARE A- 6 Oct 2026
INE939X07283 NCD 10.5% Yearly 12 Oct 2026 12 Jan 2029 ₹10,000 60.00 Secured Guaranteed BSE CARE A- 6 Oct 2026
INE939X07291 NCD 10.7% Quarterly 9 Nov 2026 17 Apr 2029 ₹1,00,000 50.00 Secured Guaranteed — CARE A- 6 Oct 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.

Manba 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 A- Stable Upgrade 6 Oct 2026 12 Verified by NSDL · Checked 13 Nov 2026
Rating history
Date Agency Rating Outlook Action
6 Oct 2026 CARE A- Stable Upgrade
19 May 2026 CARE BBB+ Positive Reaffirm
9 Jan 2026 CARE BBB+ Positive Reaffirm
26 Sep 2025 CARE BBB+ Positive Reaffirm
26 Jun 2025 CARE BBB+ Positive Reaffirm
3 Jun 2025 CARE BBB+ Positive Reaffirm
3 Jan 2025 CARE BBB+ Positive 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
9 Nov 2026 INE939X07291 17 Apr 2029 Placement memorandum on BSE
12 Oct 2026 INE939X07283 12 Jan 2029 Placement memorandum on BSE
24 Sep 2026 INE939X07275 24 Nov 2028 Placement memorandum on BSE
24 Aug 2026 INE939X07267 28 Nov 2028 Placement memorandum on BSE
28 Jan 2026 INE939X07259 26 Mar 2028 Placement memorandum on BSE
29 Sep 2025 INE939X07242 13 Mar 2028 Placement memorandum on BSE
24 Sep 2025 INE939X07234 20 Oct 2027 Placement memorandum on BSE
20 Aug 2025 INE939X07234 20 Oct 2027 Placement memorandum on BSE
27 Jun 2025 INE939X07226 27 Jul 2027 Placement memorandum on BSE
17 Jun 2025 INE939X08059 17 Feb 2027 Placement memorandum on BSE
5 Jun 2025 INE939X07200 5 Jun 2027 Placement memorandum on BSE
5 Jun 2025 INE939X07218 25 Nov 2027 Placement memorandum on BSE
9 May 2025 INE939X07192 9 Feb 2027 Placement memorandum on BSE
27 Mar 2025 INE939X07184 27 Oct 2026 Placement memorandum on BSE
28 Feb 2025 INE939X07176 28 Sep 2026 Placement memorandum on BSE
20 Jan 2025 INE939X07168 20 Jul 2026 Placement memorandum on BSE
29 Aug 2024 INE939X07150 29 Aug 2026 Placement memorandum on BSE
31 Jul 2024 INE939X07143 31 Jul 2026 Placement memorandum on BSE
26 Jun 2024 INE939X07135 26 Jun 2026 Placement memorandum on BSE
21 May 2024 INE939X08042 23 May 2025 Placement memorandum on BSE
17 May 2024 INE939X08034 17 May 2026 Placement memorandum on BSE
5 Mar 2024 INE939X07127 5 Mar 2026 Placement memorandum on BSE
23 Feb 2024 INE939X07119 28 Feb 2026 Placement memorandum on BSE
27 Dec 2023 INE939X07101 27 Dec 2025 Placement memorandum on BSE
10 Oct 2023 INE939X07093 10 Oct 2025 Placement memorandum on BSE
3 Aug 2023 INE939X07077 3 Aug 2025 Placement memorandum on BSE
3 Nov 2022 INE939X07051 28 Apr 2023 Placement memorandum on BSE
2 Sep 2020 INE939X07036 3 Sep 2021 Placement memorandum on BSE
7 Aug 2020 INE939X07028 7 Aug 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.

Manba Finance bonds: questions and answers

What bonds has Manba Finance Limited issued?

Manba Finance Limited has 12 outstanding bonds recorded on this page. By type, as described by NSDL: 12 NCDs. 16 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of Manba Finance Limited bonds?

Its 12 outstanding bonds each have their own ISIN, for example INE939X07192, INE939X08059, INE939X07200. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE939X.

What coupon rates do Manba 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 Manba Finance Limited bonds mature?

Its outstanding bonds have maturity dates from 9 Feb 2027 to 17 Apr 2029. The bond table lists the maturity date of each ISIN.

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

NSDL India Bond Info records CARE A- (Stable) (action dated 6 Oct 2026) on its outstanding bonds. Checked on NSDL on 13 Nov 2026. A rating is the agency's opinion and can change at any time.

Are Manba Finance Limited bonds secured, unsecured or guaranteed?

NSDL records 11 of the 12 outstanding bonds whose terms it holds as secured and 1 as unsecured. 11 are 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 Manba Finance Limited the same company as Manba Finance Private Limited?

Yes. Manba Finance Limited was formerly known as Manba Finance Private Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is U65923MH1996PLC099938.

Where can investors find the original disclosure documents for Manba 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 Manba 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 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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