Motilal Oswal Financial Services Limited

Motilal Oswal Financial Services Limited is an Indian company in the BFSI industry with 11 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 8.15% to 9.7% a year. One is a cumulative bond, which pays no periodic coupon; its contractual return is payable at maturity. One has a floating or market-linked coupon. Maturity dates run from 9 May 2027 to 9 May 2034. NSDL records all 11 whose terms it holds as secured. Latest credit ratings on record: India Ratings AA+ (Stable) (action dated 15 Sep 2026); ICRA AA+ (Stable) (action dated 9 Sep 2026); CRISIL AA+ (Stable) (action dated 22 Jul 2026). 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
Motilal Oswal Financial Services Limited
CIN
L67190MH2005PLC153397
LEI
3358004GYYY6FUXX1P93
Industry
BFSI
Business
Stockbroking & Allied
Ownership
Non PSU
ISIN issuer code
INE338I
Outstanding bonds (ISINs)
11 (plus 4 matured)
Stated coupons (fixed rate)
8.15% – 9.7%
Maturity dates
9 May 2027 – 9 May 2034
Secured (NSDL)
11 of 11
Combined issue size of outstanding bonds
₹2,997 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.

Motilal Oswal Financial Services bonds: ISIN, coupon and maturity

11 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE338I07099 NCD Cumulative At maturity 9 May 2024 9 May 2027 ₹1,000 27.34 Secured None recorded NSE CRISIL AA+ 22 Jul 2026
INE338I07149 NCD 9.1% Yearly 9 May 2024 9 May 2027 ₹1,000 449 Secured None recorded NSE CRISIL AA+ 22 Jul 2026
INE338I07180 Bond (NCD) 8.5% Yearly 6 Aug 2025 6 Aug 2027 ₹1,00,000 500 Secured None recorded — CRISIL AA+ 22 Jul 2026
INE338I07198 NCD 8.15% Yearly 12 Dec 2025 12 Dec 2028 ₹1,00,000 300 Secured None recorded NSE CRISIL AA+ 22 Jul 2026
INE338I07107 NCD 9.35% Yearly 9 May 2024 9 May 2029 ₹1,000 81.98 Secured None recorded NSE CRISIL AA+ 22 Jul 2026
INE338I07164 NCD 8.97% Yearly 9 May 2024 9 May 2029 ₹1,000 95.14 Secured None recorded NSE CRISIL AA+ 22 Jul 2026
INE338I07214 Bond (NCD) Floating / market-linked Yearly 30 Sep 2026 25 Oct 2029 ₹1,00,000 900 Secured None recorded NSE CRISIL AA+ 22 Jul 2026
INE338I07206 Bond (NCD) 8.7% Yearly 16 Sep 2026 16 Sep 2031 ₹1,00,000 200 Secured None recorded BSE, NSE CRISIL AA+ 22 Jul 2026
INE338I07172 Bond (NCD) 9.25% Yearly 3 Sep 2024 3 Sep 2032 ₹1,00,000 170 Secured None recorded BSE CRISIL AA+ 22 Jul 2026
INE338I07115 NCD 9.3% Yearly 9 May 2024 9 May 2034 ₹1,000 47.05 Secured None recorded NSE CRISIL AA+ 22 Jul 2026
INE338I07123 NCD 9.7% Yearly 9 May 2024 9 May 2034 ₹1,000 227 Secured None recorded NSE CRISIL AA+ 22 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.
  • 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.

Public NCD issues

IssuerOpenedCouponTenorRatingIssue size
Motilal Oswal Financial Services23 Apr 2024————

Motilal Oswal Financial Services 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 AA+ Stable Upgrade 15 Sep 2026 6 Checked 7 Nov 2026
ICRA AA+ Stable New 9 Sep 2026 2 Checked 7 Nov 2026
CRISIL AA+ Stable Upgrade 22 Jul 2026 11 Verified by NSDL · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
15 Sep 2026 India Ratings AA+ Stable Upgrade
9 Sep 2026 ICRA AA+ Stable New
1 Sep 2026 ICRA AA+ Stable Reaffirm
22 Jul 2026 CRISIL AA+ Stable Upgrade
6 Jul 2026 India Ratings AA Positive Reaffirm
6 Jul 2026 ICRA AA+ Stable Reaffirm
9 Feb 2026 ICRA AA+ Stable Reaffirm
5 Feb 2026 India Ratings AA Positive Reaffirm
10 Oct 2025 ICRA AA+ Stable Upgrade
16 Sep 2025 India Ratings AA Positive Reaffirm
3 Sep 2025 CRISIL AA Positive New
17 Jun 2025 India Ratings AA Positive Reaffirm
14 Feb 2025 India Ratings AA Positive Reaffirm
10 Feb 2025 ICRA AA Positive Reaffirm
17 Sep 2024 India Ratings AA Positive Reaffirm

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, ICRA, India Ratings

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
6 Aug 2025 INE338I07180 6 Aug 2027 Placement memorandum on BSE
3 Sep 2024 INE338I07172 3 Sep 2032 Placement memorandum on BSE
13 May 2022 INE338I07081 7 Feb 2025 Placement memorandum on BSE
22 Sep 2021 INE338I07073 14 Mar 2024 Placement memorandum on BSE
5 Feb 2021 INE338I07065 5 Feb 2024 Placement memorandum on BSE
6 Nov 2020 INE338I07057 6 Nov 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.

Motilal Oswal Financial Services bonds: questions and answers

What bonds has Motilal Oswal Financial Services Limited issued?

Motilal Oswal Financial Services Limited has 11 outstanding bonds recorded on this page. By type, as described by NSDL: 7 NCDs, 4 bond (ncd). 4 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of Motilal Oswal Financial Services Limited bonds?

Its 11 outstanding bonds each have their own ISIN, for example INE338I07099, INE338I07149, INE338I07180. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE338I.

What coupon rates do Motilal Oswal Financial Services Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 8.15% to 9.7% a year on face value. One cumulative bond pays no periodic coupon; its 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 Motilal Oswal Financial Services Limited bonds mature?

Its outstanding bonds have maturity dates from 9 May 2027 to 9 May 2034. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Motilal Oswal Financial Services Limited bonds?

NSDL India Bond Info records India Ratings AA+ (Stable) (action dated 15 Sep 2026); ICRA AA+ (Stable) (action dated 9 Sep 2026); CRISIL AA+ (Stable) (action dated 22 Jul 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 Motilal Oswal Financial Services Limited bonds secured, unsecured or guaranteed?

NSDL records all 11 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.

Where can investors find the original disclosure documents for Motilal Oswal Financial Services 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 Motilal Oswal Financial Services 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.

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 15 Nov 2026 (snapshot 20261115-2253). Facts on this page last changed on 3 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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