Marwadi Shares and Finance Limited

Marwadi Shares and Finance Limited is an Indian company in the BFSI industry (formerly Marwadi Shares & FIN. PVT. LTD.) with 7 outstanding bonds (ISINs) recorded on this page. Its fixed-rate bonds carry a stated coupon of 10% a year. 3 are cumulative bonds, which pay no periodic coupon; their contractual return is payable at maturity. One has a floating or market-linked coupon. Maturity dates run from 18 Dec 2026 to 6 Oct 2029. NSDL records 4 of the 7 whose terms it holds as secured. Latest credit ratings on record: Infomerics A+ (No Outlook) (action dated 26 Oct 2026); CRISIL A+ (No Outlook) (action dated 26 Oct 2026). 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
Marwadi Shares and Finance Limited
Formerly
Marwadi Shares & FIN. PVT. LTD.
CIN
U65910GJ1992PLC017544
LEI
335800OWFMGT1FWXTV75
Industry
BFSI
Business
Stockbroking & Allied
ISIN issuer code
INE138I
Outstanding bonds (ISINs)
7 (plus 8 matured)
Stated coupons (fixed rate)
10%
Maturity dates
18 Dec 2026 – 6 Oct 2029
Secured (NSDL)
4 of 7
Combined issue size of outstanding bonds
₹1,142 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.

Marwadi Shares and Finance bonds: ISIN, coupon and maturity

7 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE138I08091 NCD Cumulative At maturity 18 Dec 2024 18 Dec 2026 ₹1,00,000 150 Unsecured None recorded — Infomerics A+ 26 Oct 2026
INE138I08109 NCD Cumulative ≈10.5% a year At maturity ₹22,103 per ₹1,00,000 9 Sep 2025 9 Sep 2027 ₹1,00,000 250 Unsecured None recorded — CRISIL A+ 20 Feb 2026
INE138I07044 NCD 10% Yearly 30 Oct 2026 1 Nov 2027 ₹10,000 235 Secured None recorded BSE CRISIL A+ 26 Oct 2026
INE138I08117 NCD Cumulative ≈10.5% a year At maturity ₹22,103 per ₹1,00,000 6 Feb 2026 6 Feb 2028 ₹1,00,000 300 Unsecured None recorded — CRISIL A+ 20 Feb 2026
INE138I07010 Market-linked debenture 0% At maturity 6 Oct 2026 6 Oct 2029 ₹1,00,000 56.79 Secured None recorded BSE CRISIL A+ 25 Sep 2026
INE138I07036 Market-linked debenture 0% At maturity 6 Oct 2026 6 Oct 2029 ₹1,00,000 87.50 Secured None recorded BSE CRISIL A+ 25 Sep 2026
INE138I07028 Market-linked debenture Market-linked (index) At maturity 6 Oct 2026 6 Oct 2029 ₹1,00,000 62.50 Secured None recorded — CRISIL A+ 25 Sep 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.
  • Cumulative bonds pay no periodic coupon; the contractual return is payable at maturity. The amount shown is that return per unit of face value, and the yearly rate is worked out from it and the allotment and maturity dates.
  • "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 · Cumulative NCD · Floating rate bond · Credit rating.

Marwadi Shares and Finance credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
Infomerics A+ No Outlook Reaffirm 26 Oct 2026 1 Verified by NSDL · Checked 7 Nov 2026
CRISIL A+ No Outlook New 26 Oct 2026 6 Verified by NSDL · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
26 Oct 2026 Infomerics A+ No Outlook Reaffirm
26 Oct 2026 CRISIL A+ No Outlook New
25 Sep 2026 CRISIL A+ No Outlook New
18 May 2026 Infomerics A+ No Outlook Reaffirm
20 Mar 2026 Infomerics A+ No Outlook Reaffirm
23 Feb 2026 Infomerics A+ No Outlook Reaffirm
20 Feb 2026 CRISIL A+ No Outlook Reaffirm
29 Jan 2026 CRISIL A+ Stable New
13 Jan 2026 Infomerics A+ Positive Reaffirm
4 Aug 2025 CRISIL A+ Stable New
25 Nov 2024 Infomerics 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: CRISIL, Infomerics

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
30 Oct 2026 INE138I07044 1 Nov 2027 Placement memorandum on BSE
6 Oct 2026 INE138I07036 6 Oct 2029 Placement memorandum on BSE
6 Oct 2026 INE138I07010 6 Oct 2029 Placement memorandum on BSE
6 Oct 2026 INE138I07028 6 Oct 2029 Placement memorandum on BSE
6 Feb 2026 INE138I08117 6 Feb 2028 Placement memorandum on BSE
9 Sep 2025 INE138I08109 9 Sep 2027 Placement memorandum on BSE
18 Dec 2024 INE138I08091 18 Dec 2026 Placement memorandum on BSE
29 May 2024 INE138I08083 29 Aug 2026 Placement memorandum on BSE
1 Mar 2024 INE138I08075 2 Mar 2026 Placement memorandum on BSE
5 Oct 2023 INE138I08067 5 Oct 2025 Placement memorandum on BSE
25 Sep 2023 INE138I08059 25 Sep 2025 Placement memorandum on BSE
14 Jul 2023 INE138I08042 13 Jan 2025 Placement memorandum on BSE
3 Oct 2022 INE138I08034 3 Jun 2024 Placement memorandum on BSE
19 Apr 2022 INE138I08026 19 Oct 2023 Placement memorandum on BSE
4 Oct 2021 INE138I08018 2 Oct 2022 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

Category
Broking Services

Marwadi Shares and Finance bonds: questions and answers

What bonds has Marwadi Shares and Finance Limited issued?

Marwadi Shares and Finance Limited has 7 outstanding bonds recorded on this page. By type, as described by NSDL: 4 NCDs, 3 market-linked debenture. 8 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of Marwadi Shares and Finance Limited bonds?

Its 7 outstanding bonds each have their own ISIN, for example INE138I08091, INE138I08109, INE138I07044. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE138I.

What coupon rates do Marwadi Shares and Finance Limited bonds pay?

Its fixed-rate outstanding bonds carry a stated coupon of 10% a year on face value. 3 cumulative bonds pay no periodic coupon; their contractual return is payable at maturity. One bond has a floating or market-linked coupon. 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 Marwadi Shares and Finance Limited bonds mature?

Its outstanding bonds have maturity dates from 18 Dec 2026 to 6 Oct 2029. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Marwadi Shares and Finance Limited bonds?

NSDL India Bond Info records Infomerics A+ (No Outlook) (action dated 26 Oct 2026); CRISIL A+ (No Outlook) (action dated 26 Oct 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 Marwadi Shares and Finance Limited bonds secured, unsecured or guaranteed?

NSDL records 4 of the 7 outstanding bonds whose terms it holds as secured and 3 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 Marwadi Shares and Finance Limited the same company as Marwadi Shares & FIN. PVT. LTD.?

Yes. Marwadi Shares and Finance Limited was formerly known as Marwadi Shares & FIN. PVT. LTD.; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is U65910GJ1992PLC017544.

Where can investors find the original disclosure documents for Marwadi Shares and 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 Marwadi Shares and 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.

What is a cumulative bond?

A cumulative bond pays no periodic coupon. The contractual return builds up over its life and is payable with the face value at maturity, so this page shows the amount payable at maturity and the yearly rate it works out to, instead of a yearly coupon.

Sources and dates

Data as of 14 Nov 2026 (snapshot 20261114-2051). Facts on this page last changed on 4 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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