Veritas Finance Limited is an Indian company in the BFSI industry (formerly Veritas Finance Private Limited) with 15 outstanding bonds (ISINs) recorded on this page. It is also the originator behind 18 outstanding pass-through certificates (PTCs) in 13 securitisation trusts: Indigo 023, Vajra 003 Trust, Vajra 004 Trust, Vajra 006 Trust, Vajra 007 Trust, Vajra 008 Trust and 7 more. Stated coupons on its fixed-rate bonds range from 8.8% to 10.35% a year. Maturity dates run from 28 Nov 2026 to 5 Feb 2030. NSDL records all 15 whose terms it holds as secured. Latest credit rating on record: CARE AA- (Stable) (action dated 16 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
- Outstanding pass-through certificates (ISINs)
- 18
- Pass-through schemes
- Indigo 023, Vajra 003 Trust, Vajra 004 Trust, Vajra 006 Trust, Vajra 007 Trust, Vajra 008 Trust, Vajra 009 Trust, Vajra 010 Trust and 5 more
- Legal name
- Veritas Finance Limited
- Formerly
- Veritas Finance Private Limited
- CIN
- U65923TN2015PLC100328
- LEI
- 335800S87Z3ADW59JU92
- Industry
- BFSI
- Business
- Non-Banking Financial Company (NBFC)
- Ownership
- Non PSU
- ISIN issuer codes
- INE448U, INE0RAC, INE0S90, INE0SLB, INE0TTV, INE0UQJ, INE0UQO, INE0YD0, INE0YD7, INE10VT, INE1160, INE1EJ8, INE1ZSF, INE20NI
- Outstanding bonds (ISINs)
- 15 (plus 13 matured)
- Stated coupons (fixed rate)
- 8.8% – 10.35%
- Maturity dates
- 28 Nov 2026 – 5 Feb 2030
- Secured (NSDL)
- 15 of 15
- Combined issue size of outstanding bonds
- ₹1,320 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.
Veritas Finance bonds: ISIN, coupon and maturity
15 outstanding bonds, by maturity date.
| ISIN | Type | Coupon | Interest paid | Allotted | Maturity | Face value | Issue size (₹ cr) | Security | Guarantee | Traded on | Rating (NSDL) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| INE448U07240 | NCD | 9.75% | Quarterly | 28 Mar 2024 | 28 Nov 2026 | ₹1,00,000 | 25.00 | Secured | None recorded | — | CARE AA- 16 Oct 2026 |
| INE448U07216 | NCD | 9.75% | Yearly | 26 Dec 2023 | 25 Jun 2027 | ₹50,000 | 55.00 | Secured | None recorded | — | CARE AA- 16 Oct 2026 |
| INE448U07273 | NCD | 9.65% | Quarterly | 13 Nov 2024 | 13 Nov 2027 | ₹1,00,000 | 50.00 | Secured | None recorded | — | CARE AA- 16 Oct 2026 |
| INE448U07281 | NCD | 9.65% | Quarterly | 21 Feb 2025 | 21 Feb 2028 | ₹1,00,000 | 50.00 | Secured | None recorded | — | CARE AA- 16 Oct 2026 |
| INE448U07232 | NCD | 9.75% | Quarterly | 28 Mar 2024 | 28 Mar 2028 | ₹1,00,000 | 25.00 | Secured | None recorded | — | CARE AA- 16 Oct 2026 |
| INE448U07208 | NCD | 10.35% | Half-yearly | 23 Jun 2022 | 23 Jun 2028 | ₹10,00,000 | 150 | Secured | None recorded | — | CARE AA- 6 Oct 2025 |
| INE448U07257 | NCD | 9.8% | Yearly | 27 Jun 2024 | 27 Jun 2028 | ₹1,00,000 | 100 | Secured | None recorded | — | CARE AA- 16 Oct 2026 |
| INE448U07349 | NCD | 8.9% | Quarterly | 29 Jun 2026 | 29 Jun 2028 | ₹1,00,000 | 50.00 | Secured | None recorded | — | CARE AA- 16 Oct 2026 |
| INE448U07265 | NCD | 9.75% | Quarterly | 13 Nov 2024 | 13 Nov 2028 | ₹1,00,000 | 50.00 | Secured | None recorded | — | CARE AA- 16 Oct 2026 |
| INE448U07299 | NCD | 9.75% | Quarterly | 21 Feb 2025 | 21 Feb 2029 | ₹1,00,000 | 50.00 | Secured | None recorded | — | CARE AA- 16 Oct 2026 |
| INE448U07364 | NCD | 8.95% | Quarterly | 28 Sep 2026 | 28 Jun 2029 | ₹1,00,000 | 240 | Secured | None recorded | BSE | CARE AA- 16 Oct 2026 |
| INE448U07356 | NCD | 9.05% | Quarterly | 29 Jun 2026 | 29 Jun 2029 | ₹1,00,000 | 50.00 | Secured | None recorded | — | CARE AA- 16 Oct 2026 |
| INE448U07307 | NCD | 8.85% | Quarterly | 19 Sep 2025 | 19 Sep 2029 | ₹1,00,000 | 75.00 | Secured | None recorded | BSE | CARE AA- 16 Oct 2026 |
| INE448U07315 | NCD | 8.85% | Quarterly | 19 Sep 2025 | 19 Sep 2029 | ₹1,00,000 | 150 | Secured | None recorded | — | CARE AA- 16 Oct 2026 |
| INE448U07331 | NCD | 8.8% | Quarterly | 5 Feb 2026 | 5 Feb 2030 | ₹1,00,000 | 200 | Secured | None recorded | — | CARE AA- 16 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.
Veritas Finance pass-through certificates (PTCs): schemes, ISINs and maturity
18 outstanding PTCs in 13 schemes · by scheme, then maturity
| Scheme | ISIN | Series | Coupon | Maturity | Interest | Trustee | Traded on | Rating (NSDL) |
|---|---|---|---|---|---|---|---|---|
| Indigo 023 | INE0RAC15010 | Senior Tranche | 9.75% | 20 Jul 2028 | As per payout schedule | Catalyst Trusteeship Limited | Not traded | — |
| Vajra 003 Trust | INE0S9015015 | Senior Tranche | 9.75% | 20 Apr 2029 | As per payout schedule | Catalyst Trusteeship Limited | Not traded | — |
| Vajra 004 Trust | INE0SLB15025 | Senior Tranche A2 | 9.95% | 20 Jun 2029 | As per payout shcedule | — | Not traded | — |
| Vajra 006 Trust | INE0TTV15016 | Senior Tranche A1 | 9.37% | 20 Feb 2027 | As per payout schedule | Catalyst Trusteeship Limited | Not traded | — |
| Vajra 006 Trust | INE0TTV15024 | Senior Tranche A2 | 9.93% | 20 Aug 2029 | As per payout schedule | Catalyst Trusteeship Limited | Not traded | — |
| Vajra 007 Trust | INE0UQJ15015 | Series Senior Tranche | 9.75% | 20 Jul 2030 | As per payout shcedule | Axis Trustee Services Limited | Not traded | — |
| Vajra 008 Trust | INE0UQO15015 | Series Senior Tranche | 9.75% | 20 Feb 2027 | As per payout shcedule | Axis Trustee Services Limited | Not traded | — |
| Vajra 009 Trust | INE0YD015016 | Senior Tranche A1 | 9.25% | 20 Nov 2026 | As per payout schedule | Axis Trustee Services Limited | Not traded | — |
| Vajra 009 Trust | INE0YD015024 | Senior Tranche A2 | 9.75% | 20 Jan 2028 | As per payout schedule | Axis Trustee Services Limited | Not traded | — |
| Vajra 010 Trust | INE0YD715011 | Senior Tranche | 9.5% | 20 Jun 2028 | As per payout schedule | Axis Trustee Services Limited | Not traded | — |
| Vajra 011 Trust | INE116015012 | Series A1 | 9.25% | 20 Sep 2027 | As per payout schedule | Axis Trustee Services Limited | Not traded | — |
| Vajra 012 Trust | INE10VT15014 | Series A1 | 9.25% | 20 Jan 2027 | As per payout schedule | Axis Trustee Services Limited | Not traded | — |
| Vajra 012 Trust | INE10VT15022 | Series A2 | 9.25% | 20 Feb 2028 | As per payout schedule | Axis Trustee Services Limited | Not traded | — |
| Vajra 014 Trust | INE1EJ815024 | Senior Tranche A1(b) | 9.25% | 20 Sep 2028 | As per payout schedule | Axis Trustee Services Limited | Not traded | — |
| Vajra 015 Trust | INE20NI15021 | Series A1(b) | 9.25% | 20 Jan 2028 | As per payout schedule | Axis Trustee Services Limited | Not traded | — |
| Vajra 015 Trust | INE20NI15039 | Series A1(c) | 9.25% | 20 Jan 2029 | As per payout schedule | Axis Trustee Services Limited | Not traded | — |
| Vajra 015 Trust | INE20NI15047 | Series A1(d) | 9.25% | 20 Jun 2031 | As per payout schedule | Axis Trustee Services Limited | Not traded | — |
| Vajra 016 Trust | INE1ZSF15016 | Senior Tranche | 9.25% | 20 Jun 2034 | As per payout schedule | Axis Trustee Services Limited | Not traded | — |
Notes on this table
Each scheme is a securitisation trust with its own ISIN issuer code. PTCs usually repay part of the principal every month as the pool pays down, so the amount outstanding is lower than the amount issued. Coupons are as recorded by CDSL, NSDL or the exchanges; for an equity or junior tranche there may be no fixed coupon. Ratings of PTCs carry the suffix "(SO)". Series, trustee and originator are from CDSL's list of securitised debt instruments where it has the ISIN; schemes held at NSDL are listed when they trade or are placed on BSE.
Private placements and disclosure documents
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.
Veritas Finance bonds: questions and answers
What bonds has Veritas Finance Limited issued?
Veritas Finance Limited has 15 outstanding bonds recorded on this page. By type, as described by NSDL: 15 NCDs. 13 further ISINs on record have passed their maturity dates and are not counted as outstanding.
What are the ISINs of Veritas Finance Limited bonds?
Its 15 outstanding bonds each have their own ISIN, for example INE448U07240, INE448U07216, INE448U07273. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE448U / INE0RAC / INE0S90 / INE0SLB / INE0TTV / INE0UQJ / INE0UQO / INE0YD0 / INE0YD7 / INE10VT / INE1160 / INE1EJ8 / INE1ZSF / INE20NI.
What coupon rates do Veritas Finance Limited bonds pay?
Stated coupons on its fixed-rate outstanding bonds range from 8.8% to 10.35% 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 Veritas Finance Limited bonds mature?
Its outstanding bonds have maturity dates from 28 Nov 2026 to 5 Feb 2030. The bond table lists the maturity date of each ISIN.
What is the latest CARE credit rating of Veritas Finance Limited bonds?
NSDL India Bond Info records CARE AA- (Stable) (action dated 16 Oct 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 Veritas Finance Limited bonds secured, unsecured or guaranteed?
NSDL records all 15 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 Veritas Finance Limited the same company as Veritas Finance Private Limited?
Yes. Veritas Finance Limited was formerly known as Veritas Finance Private Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is U65923TN2015PLC100328.
Where can investors find the original disclosure documents for Veritas 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 Veritas 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.
Which pass-through schemes are listed under Veritas Finance Limited?
Veritas Finance Limited has 13 schemes with outstanding pass-through certificates on this page: Indigo 023, Vajra 003 Trust, Vajra 004 Trust, Vajra 006 Trust, Vajra 007 Trust, Vajra 008 Trust, Vajra 009 Trust, Vajra 010 Trust, Vajra 011 Trust, Vajra 012 Trust, Vajra 014 Trust, Vajra 015 Trust and 1 more, with 18 outstanding PTC ISINs in all.
What is a pass-through certificate (PTC)?
A pass-through certificate is a debt security issued by a securitisation trust. A lender sells a pool of loans or receivables to the trust, and the trust passes the repayments it collects to the certificate holders. Payments depend on how the pool performs and on any credit enhancement, not on the general funds of the lender. Ratings of PTCs carry the suffix "(SO)", structured obligation.
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
- CDSL: list of securitised debt instruments (pass-through certificates, with trust, series, trustee and originator)
- 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 13 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.
