Nirmal Bang Securities Private Limited

Nirmal Bang Securities Private Limited is an Indian company in the BFSI industry with 5 outstanding bonds (ISINs) recorded on this page. Its fixed-rate bonds carry a stated coupon of 10.25% a year. Maturity dates run from 12 Dec 2026 to 31 Jan 2028. NSDL records 0 of the 5 whose terms it holds as secured. Latest credit rating on record: CRISIL A- (Stable) (action dated 10 Nov 2025). 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
Nirmal Bang Securities Private Limited
CIN
U99999MH1997PTC110659
LEI
335800DSHNZCDC1AFE61
Industry
BFSI
Business
Stockbroking & Allied
Ownership
Non PSU
ISIN issuer code
INE681R
Outstanding bonds (ISINs)
5 (plus 8 matured)
Stated coupons (fixed rate)
10.25%
Maturity dates
12 Dec 2026 – 31 Jan 2028
Secured (NSDL)
0 of 5
Combined issue size of outstanding bonds
₹235 crore

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.

Nirmal Bang Securities 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 Rating (NSDL)
INE681R08117 NCD 10.25% Yearly 12 Jun 2025 12 Dec 2026 ₹1,00,000 50.00 Unsecured None recorded CRISIL A- 18 Mar 2025
INE681R08125 NCD 10.25% Quarterly 30 Jul 2025 30 Jan 2027 ₹1,00,000 50.00 Unsecured None recorded CRISIL A- 16 Jul 2025
INE681R08133 NCD 10.25% Quarterly 23 Sep 2025 23 Mar 2027 ₹1,00,000 50.00 Unsecured None recorded CRISIL A- 16 Jul 2025
INE681R08141 NCD 10.25% Quarterly 9 Dec 2025 9 Jun 2027 ₹1,00,000 50.00 Unsecured None recorded CRISIL A- 10 Nov 2025
INE681R08158 NCD 10.25% Quarterly 31 Jul 2026 31 Jan 2028 ₹1,00,000 35.00 Unsecured None recorded CRISIL A- 10 Nov 2025
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.

Nirmal Bang Securities credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
CRISIL A- Stable New 10 Nov 2025 5 Verified by NSDL · Over 12 months old · Checked 4 Nov 2026
Rating history
Date Agency Rating Outlook Action
10 Nov 2025 CRISIL A- Stable New
16 Jul 2025 CRISIL A- Stable New
18 Mar 2025 CRISIL 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

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
31 Jul 2026 INE681R08158 31 Jan 2028 Placement memorandum on BSE
9 Dec 2025 INE681R08141 9 Jun 2027 Placement memorandum on BSE
23 Sep 2025 INE681R08133 23 Mar 2027 Placement memorandum on BSE
30 Jul 2025 INE681R08125 30 Jan 2027 Placement memorandum on BSE
12 Jun 2025 INE681R08117 12 Dec 2026 Placement memorandum on BSE
13 Feb 2025 INE681R08109 13 Aug 2026 Placement memorandum on BSE
10 Jun 2024 INE681R08091 10 Dec 2025 Placement memorandum on BSE
20 Feb 2024 INE681R08067 20 Aug 2025 Placement memorandum on BSE
22 Nov 2023 INE681R08059 22 May 2025 Placement memorandum on BSE
22 Sep 2023 INE681R08042 22 Mar 2025 Placement memorandum on BSE
8 Aug 2023 INE681R08034 8 Feb 2025 Placement memorandum on BSE
14 Jun 2023 INE681R08026 14 Dec 2024 Placement memorandum on BSE
5 Sep 2022 INE681R08018 5 Mar 2024 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.

Nirmal Bang Securities bonds: questions and answers

What bonds has Nirmal Bang Securities Private Limited issued?

Nirmal Bang Securities Private Limited has 5 outstanding bonds recorded on this page. By type, as described by NSDL: 5 NCDs. 8 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of Nirmal Bang Securities Private Limited bonds?

Its 5 outstanding bonds each have their own ISIN, for example INE681R08117, INE681R08125, INE681R08133. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE681R.

What coupon rates do Nirmal Bang Securities Private Limited bonds pay?

Its fixed-rate outstanding bonds carry a stated coupon of 10.25% 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 Nirmal Bang Securities Private Limited bonds mature?

Its outstanding bonds have maturity dates from 12 Dec 2026 to 31 Jan 2028. The bond table lists the maturity date of each ISIN.

What is the latest CRISIL credit rating of Nirmal Bang Securities Private Limited bonds?

NSDL India Bond Info records CRISIL A- (Stable) (action dated 10 Nov 2025) on its outstanding bonds. Checked on NSDL on 4 Nov 2026. The latest action on record is more than 12 months old, so check the agency's website for a more recent rating. A rating is the agency's opinion and can change at any time.

Are Nirmal Bang Securities Private Limited bonds secured, unsecured or guaranteed?

NSDL records 0 of the 5 outstanding bonds whose terms it holds as secured and 5 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.

Where can investors find the original disclosure documents for Nirmal Bang Securities Private 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 Nirmal Bang Securities Private 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 14 Nov 2026 (snapshot 20261114-2051). Facts on this page last changed on 28 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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