Varthana Finance Private Limited is an Indian company in the BFSI industry (formerly Thirumeni Finance Private Limited) with 8 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 11.35% to 12.3% a year. Maturity dates run from 5 Feb 2027 to 18 Dec 2030. NSDL records all 8 whose terms it holds as secured. Latest credit rating on record: CRISIL BBB (No Outlook) (action dated 24 Jul 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
- Varthana Finance Private Limited
- Formerly
- Thirumeni Finance Private Limited
- CIN
- U65923KA1984PTC096528
- LEI
- 335800A4YX678SZ6RF35
- Industry
- BFSI
- Business
- Non-Banking Financial Company (NBFC)
- Ownership
- Non PSU
- ISIN issuer code
- INE125T
- Outstanding bonds (ISINs)
- 8 (plus 5 matured)
- Stated coupons (fixed rate)
- 11.35% – 12.3%
- Maturity dates
- 5 Feb 2027 – 18 Dec 2030
- Secured (NSDL)
- 8 of 8
- Combined issue size of outstanding bonds
- ₹321 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.
Varthana Finance bonds: ISIN, coupon and maturity
8 outstanding bonds, by maturity date.
| ISIN | Type | Coupon | Interest paid | Allotted | Maturity | Face value | Issue size (₹ cr) | Security | Guarantee | Traded on | Rating (NSDL) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| INE125T07329 | NCD | 11.5% | Quarterly | 29 Jan 2025 | 5 Feb 2027 | ₹7,500 | 75.00 | Secured | None recorded | BSE | CRISIL BBB 24 Jul 2026 |
| INE125T07311 | NCD | 11.7% | Yearly | 6 Dec 2024 | 6 Aug 2027 | ₹77,777.89 | 10.00 | Secured | None recorded | — | CRISIL BBB 24 Jul 2026 |
| INE125T07337 | NCD | 11.35% | Quarterly | 27 Mar 2025 | 27 Sep 2027 | ₹70,000 | 50.00 | Secured | None recorded | — | CRISIL BBB 24 Jul 2026 |
| INE125T07378 | NCD | 12% | Quarterly | 26 Feb 2026 | 17 Apr 2029 | ₹1,00,000 | 25.00 | Secured | None recorded | — | CRISIL BBB 24 Jul 2026 |
| INE125T07345 | NCD | 12.3% | Quarterly | 19 Jun 2025 | 17 Apr 2029 | ₹1,00,000 | 25.00 | Secured | None recorded | — | CRISIL BBB 24 Jul 2026 |
| INE125T07352 | NCD | 11.8% | Yearly | 27 Jun 2025 | 27 Jun 2029 | ₹1,00,000 | 65.00 | Secured | None recorded | — | CRISIL BBB 24 Jul 2026 |
| INE125T07279 | NCD | 11.4% | Yearly | 16 May 2024 | 16 May 2030 | ₹1,00,000 | 27.00 | Secured | None recorded | — | CRISIL BBB 24 Jul 2026 |
| INE125T07360 | NCD | 11.5% | Yearly | 18 Dec 2025 | 18 Dec 2030 | ₹1,00,000 | 44.00 | Secured | None recorded | — | CRISIL BBB 24 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.
Private placements and disclosure documents
| Allotted | ISIN | Redemption | Disclosure documents |
|---|---|---|---|
| 26 Feb 2026 | INE125T07378 | 17 Apr 2029 | Placement memorandum on BSE |
| 23 Jan 2026 | INE125T07329 | 5 Feb 2027 | Placement memorandum on BSE |
| 18 Dec 2025 | INE125T07360 | 18 Dec 2030 | Placement memorandum on BSE |
| 31 Oct 2025 | INE125T07337 | 27 Sep 2027 | Placement memorandum on BSE |
| 27 Jun 2025 | INE125T07352 | 27 Jun 2029 | Placement memorandum on BSE |
| 19 Jun 2025 | INE125T07345 | 17 Apr 2029 | Placement memorandum on BSE |
| 27 Mar 2025 | INE125T07337 | 27 Sep 2027 | Placement memorandum on BSE |
| 6 Dec 2024 | INE125T07311 | 6 Aug 2027 | Placement memorandum on BSE |
| 27 Sep 2024 | INE125T07303 | 27 Sep 2026 | Placement memorandum on BSE |
| 16 Sep 2024 | INE125T07295 | 16 Sep 2026 | Placement memorandum on BSE |
| 12 Jul 2024 | INE125T07287 | 12 Jul 2026 | Placement memorandum on BSE |
| 16 May 2024 | INE125T07279 | 16 May 2030 | Placement memorandum on BSE |
| 16 Sep 2020 | INE125T07139 | 15 Dec 2020 | Placement memorandum on BSE |
| 31 Jul 2017 | INE125T07063 | 31 Jul 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.
Varthana Finance bonds: questions and answers
What bonds has Varthana Finance Private Limited issued?
Varthana Finance Private Limited has 8 outstanding bonds recorded on this page. By type, as described by NSDL: 8 NCDs. 5 further ISINs on record have passed their maturity dates and are not counted as outstanding.
What are the ISINs of Varthana Finance Private Limited bonds?
Its 8 outstanding bonds each have their own ISIN, for example INE125T07329, INE125T07311, INE125T07337. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE125T.
What coupon rates do Varthana Finance Private Limited bonds pay?
Stated coupons on its fixed-rate outstanding bonds range from 11.35% to 12.3% 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 Varthana Finance Private Limited bonds mature?
Its outstanding bonds have maturity dates from 5 Feb 2027 to 18 Dec 2030. The bond table lists the maturity date of each ISIN.
What is the latest CRISIL credit rating of Varthana Finance Private Limited bonds?
NSDL India Bond Info records CRISIL BBB (No Outlook) (action dated 24 Jul 2026) on its outstanding bonds. Checked on NSDL on 5 Nov 2026. A rating is the agency's opinion and can change at any time.
Are Varthana Finance Private Limited bonds secured, unsecured or guaranteed?
NSDL records all 8 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.
Is Varthana Finance Private Limited the same company as Thirumeni Finance Private Limited?
Yes. Varthana Finance Private Limited was formerly known as Thirumeni Finance Private Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is U65923KA1984PTC096528.
Where can investors find the original disclosure documents for Varthana Finance 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 Varthana Finance Private 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
- NSDL India Bond Info: bond terms, issuer identity and ratings by ISIN
- BSE and NSE: bonds that have traded, and their exchange listings
- BSE: privately placed debt securities
- Methodology: how these pages are compiled and checked
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.
