Fixed Alpha
A

What do these ratings mean?

Credit ratings assigned by SEBI-registered agencies such as CRISIL, ICRA and CARE.

Sovereign BondsSOVEREIGN
These securities are the safest investments, backed by governments with a strong ability to meet financial obligations.
Highest SafetyAAA
Securities with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Such securities carry lowest credit risk.
High SafetyAA+AAAA-
Securities with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such securities carry very low credit risk.
Adequate SafetyA+AA-
Securities with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such securities carry low credit risk.
Moderate SafetyBBB+BBBBBB-
Securities with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Such securities carry moderate credit risk.
Moderate RiskBB+BBBB-
Securities with this rating are considered to have moderate risk of default regarding timely servicing of financial obligations.
Moderate High RiskB+BB-
Securities with this rating are considered to have high risk of default regarding timely servicing of financial obligations.
Very High RiskCCC+CCCCCC-CC+CCCC-C+CC-
Securities with this rating are considered to have very high risk of default regarding timely servicing of financial obligations.
DefaultD
Securities with this rating are in default or are expected to be in default soon.

Shri Ram Finance Corporation Private Limited

INE08E807092· Listed on BSE

12.91%

Yield

Tenure

1Y 1M 17D

Maturity Date

01 Nov 2027

Coupon Frequency

Monthly

Face Value

₹1,00,000

Nature

Secured

Coupon Rate

9.90%

About the Issuer

Raipur, Chhattisgarh-based Shri Ram Finance Corporation Private Limited (SRFCPL) was incorporated in 2004 as a non-deposit-taking NBFC, going on to commence lending in 2008 after obtaining its NBFC licence. The company provides two-wheeler financing, secured and unsecured loans to SME borrowers, and personal loans to government employees. SRFCPL is promoted by Mr. Ganesh Bhattar and his son Mr. Gaurav Bhattar, both of whom bring over a decade of experience in two-wheeler and MSME financing. The company operates across eight states — Chhattisgarh, Madhya Pradesh, Odisha, Jharkhand, Maharashtra, Rajasthan, Andhra Pradesh, and Uttar Pradesh — through a network of 248 branches as of September 30, 2025.

Rating Rationale

Coupon ladder

Payment schedule of interest and principal

Nov '25Coupon

₹841

Dec '25Coupon

₹814

Jan '26Coupon

₹841

Feb '26Coupon

₹841

Mar '26Coupon

₹759

Apr '26Coupon

₹841

May '26Coupon

₹814

Jun '26Coupon

₹841

Jul '26Coupon

₹814

Aug '26Coupon

₹841

Sep '26Coupon

₹841

Oct '26Coupon

₹814

Nov '26Coupon

₹841

Dec '26Coupon

₹814

Jan '27Coupon

₹841

Feb '27Coupon

₹841

Mar '27Coupon

₹759

Apr '27Coupon

₹841

May '27Coupon

₹814

Jun '27Coupon

₹841

Jul '27Coupon

₹814

Aug '27Coupon

₹841

Sep '27Coupon

₹841

Oct '27Coupon

₹814

Nov '27Coupon + Principal

₹1,00,841

Bond Trading History

Trading history isn’t available for this instrument yet.

Data as of 16-Sep-2026

How to invest in this bond

Shri Ram Finance Corporation Private Limited

Login to your existing Equity broker (Eg. Zerodha, ICICI Direct) and purchase bonds from BSE/NSE just like equity using the following steps:

  1. Search for this specific bond. Copy its ISIN and enter in the Search bar of your broker app.INE08E807092If that does not work, try its BSE scrip code:BSE977186
  2. Enter the quantity required.
  3. Enter following Price:₹97,183.85This is the Price at which you will earn Fixed Returns (Yield) of 12.91% if you hold the bond till maturity. If you enter a different price, then your returns will differ.
  4. Fund your wallet and place the order.
  5. Once the transaction is successful, bonds will get credited to your demat account next day (T+1) like equities.
  6. Interest and Principal will get directly deposited to your bank account linked with your Demat.