Vikran Engineering Limited

Vikran Engineering Limited is an Indian company in the power industry (formerly Vikran Engineering Private Limited and Vikran Engineering & EXIM Private Limited and Ratangiri Financial Advisory Private Limited) with 4 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 11% to 11.4% a year. Maturity dates run from 5 Aug 2027 to 4 Jun 2028. NSDL records all 4 whose terms it holds as secured. Latest credit rating on record: India Ratings BBB+ (Stable) (action dated 12 Jun 2026). Verify current terms against the official documents linked on this page.

Data as of 13 Nov 2026 (snapshot 20261113-2049) · How this page is compiled

Issuer overview

Legal name
Vikran Engineering Limited
Formerly
Vikran Engineering Private Limited; Vikran Engineering & EXIM Private Limited; Ratangiri Financial Advisory Private Limited
CIN
U93000MH2008PLC272209
Industry
Power
Business
Power - Transmission
Ownership
Non PSU
ISIN issuer code
INE01R5
Outstanding bonds (ISINs)
4
Stated coupons (fixed rate)
11% – 11.4%
Maturity dates
5 Aug 2027 – 4 Jun 2028
Secured (NSDL)
4 of 4
Combined issue size of outstanding bonds
₹70.50 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.

Vikran Engineering bonds: ISIN, coupon and maturity

4 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE01R507090 NCD 11.4% Yearly 31 Jul 2026 5 Aug 2027 ₹25,00,000 10.50 Secured Guaranteed BSE Unrated
INE01R507058 NCD 11% Yearly 24 Apr 2026 24 Apr 2028 ₹50,00,000 20.00 Secured Guaranteed BSE India Ratings BBB+ 10 Jun 2026
INE01R507066 NCD 11% Yearly 29 Apr 2026 29 Apr 2028 ₹50,00,000 30.00 Secured Guaranteed BSE India Ratings BBB+ 10 Jun 2026
INE01R507082 NCD 11% Yearly 4 Jun 2026 4 Jun 2028 ₹50,00,000 10.00 Secured Guaranteed BSE India Ratings BBB+ 12 Jun 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.

Vikran Engineering 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 BBB+ Stable New 12 Jun 2026 3 Verified by NSDL · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
12 Jun 2026 India Ratings BBB+ Stable New
10 Jun 2026 India Ratings BBB+ Stable Downgrade
7 Apr 2026 India Ratings A- Negative 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: India Ratings

Vikran Engineering bonds: questions and answers

What bonds has Vikran Engineering Limited issued?

Vikran Engineering Limited has 4 outstanding bonds recorded on this page. By type, as described by NSDL: 4 NCDs.

What are the ISINs of Vikran Engineering Limited bonds?

Its 4 outstanding bonds each have their own ISIN, for example INE01R507090, INE01R507058, INE01R507066. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE01R5.

What coupon rates do Vikran Engineering Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 11% to 11.4% 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 Vikran Engineering Limited bonds mature?

Its outstanding bonds have maturity dates from 5 Aug 2027 to 4 Jun 2028. The bond table lists the maturity date of each ISIN.

What is the latest India Ratings credit rating of Vikran Engineering Limited bonds?

NSDL India Bond Info records India Ratings BBB+ (Stable) (action dated 12 Jun 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 Vikran Engineering Limited bonds secured, unsecured or guaranteed?

NSDL records all 4 outstanding bonds whose terms it holds as secured. 4 are 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 Vikran Engineering Limited the same company as Vikran Engineering Private Limited?

Yes. Vikran Engineering Limited was formerly known as Vikran Engineering Private Limited and Vikran Engineering & EXIM Private Limited and Ratangiri Financial Advisory Private Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is U93000MH2008PLC272209.

Where can investors find the original disclosure documents for Vikran Engineering 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.

How can investors check the current market price or yield of Vikran Engineering 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

Data as of 13 Nov 2026 (snapshot 20261113-2049). 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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