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.

Annapurna Finance Private Limited

INE515Q08226· Listed on BSE

11.36%

Yield

Tenure

2Y 7M 9D

Maturity Date

24 Apr 2029

Coupon Frequency

Monthly

Face Value

₹1,00,000

Nature

Unsecured

Coupon Rate

12.40%

About the Issuer

Annapurna Finance Private Limited got its start in 2009 as a not-for-profit venture under the NGO Peoples Forum, later converting to an NBFC-MFI structure in 2013, and today stands as one of India's leading microfinance-oriented NBFCs. Its core purpose is delivering both financial and non-financial support to underserved communities in rural and semi-urban regions, an effort built on a disciplined group-lending approach that began in eastern India and has since expanded into several other states. Guided originally by Peoples Forum's mission of financial inclusion and community development, the company today is run by professionals with deep backgrounds in microfinance, banking, and financial services more broadly — a leadership team that has navigated the business through numerous industry challenges without losing sight of either social impact or financial sustainability. Its offerings are shaped around low-income borrowers, led by Joint Liability Group microfinance loans aimed at women entrepreneurs, alongside customized credit lines for micro, small, and medium enterprises, financing options for affordable housing, and insurance products built around borrower-specific needs.

Coupon ladder

Payment schedule of interest and principal

Aug '23Coupon

₹815

Sep '23Coupon

₹1,053

Oct '23Coupon

₹1,019

Nov '23Coupon

₹1,053

Dec '23Coupon

₹1,019

Jan '24Coupon

₹1,050

Feb '24Coupon

₹1,050

Mar '24Coupon

₹983

Apr '24Coupon

₹1,050

May '24Coupon

₹1,016

Jun '24Coupon

₹1,050

Jul '24Coupon

₹1,016

Aug '24Coupon

₹1,050

Sep '24Coupon

₹1,050

Oct '24Coupon

₹1,016

Nov '24Coupon

₹1,050

Dec '24Coupon

₹1,016

Jan '25Coupon

₹1,053

Feb '25Coupon

₹1,053

Mar '25Coupon

₹951

Apr '25Coupon

₹1,053

May '25Coupon

₹1,019

Jun '25Coupon

₹1,053

Jul '25Coupon

₹1,019

Aug '25Coupon

₹1,053

Sep '25Coupon

₹1,053

Oct '25Coupon

₹1,019

Nov '25Coupon

₹1,053

Dec '25Coupon

₹1,019

Jan '26Coupon

₹1,053

Feb '26Coupon

₹1,053

Mar '26Coupon

₹951

Apr '26Coupon

₹1,053

May '26Coupon

₹1,019

Jun '26Coupon

₹1,053

Jul '26Coupon

₹1,019

Aug '26Coupon

₹1,053

Sep '26Coupon

₹1,053

Oct '26Coupon

₹1,019

Nov '26Coupon

₹1,053

Dec '26Coupon

₹1,019

Jan '27Coupon

₹1,053

Feb '27Coupon

₹1,053

Mar '27Coupon

₹951

Apr '27Coupon

₹1,053

May '27Coupon

₹1,019

Jun '27Coupon

₹1,053

Jul '27Coupon

₹1,019

Aug '27Coupon

₹1,053

Sep '27Coupon

₹1,053

Oct '27Coupon

₹1,019

Nov '27Coupon

₹1,053

Dec '27Coupon

₹1,019

Jan '28Coupon

₹1,050

Feb '28Coupon

₹1,050

Mar '28Coupon

₹983

Apr '28Coupon

₹1,050

May '28Coupon

₹1,016

Jun '28Coupon

₹1,050

Jul '28Coupon

₹1,016

Aug '28Coupon

₹1,050

Sep '28Coupon

₹1,050

Oct '28Coupon

₹1,016

Nov '28Coupon

₹1,050

Dec '28Coupon

₹1,016

Jan '29Coupon

₹1,053

Feb '29Coupon

₹1,053

Mar '29Coupon

₹951

Apr '29Coupon + Principal

₹1,01,053

Bond Trading History

Trading history isn’t available for this instrument yet.

Data as of 16-Sep-2026

How to invest in this bond

Annapurna Finance 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.INE515Q08226If that does not work, try its BSE scrip code:BSE974998
  2. Enter the quantity required.
  3. Enter following Price:₹1,03,302.22This is the Price at which you will earn Fixed Returns (Yield) of 11.36% 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.