Fixed Alpha
BB+

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.

Satya Microcapital Limited

INE982X08109· Listed on BSE

19.11%

Yield

Tenure

2Y 9M 27D

Maturity Date

12 Jul 2029

Coupon Frequency

Monthly

Face Value

₹1,00,000

Nature

Unsecured

Coupon Rate

13.85%

About the Issuer

Satya MicroCapital Limited (formerly TFC Invest Ltd) is a Delhi-based non-banking financial company registered with the Reserve Bank of India as a microfinance institution, promoted by Mr. Vivek Tiwari. The company commenced operations in November 2016., including Assam, Bihar, Chandigarh, Chhattisgarh, Delhi, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Jharkhand, Karnataka, Madhya Pradesh, Odisha, Puducherry, Punjab, Rajasthan, Tamil Nadu, Tripura, Uttar Pradesh, Uttarakhand, West Bengal, Andhra Pradesh, Telangana, Maharashtra, and Goa. It operates through a network spanning over 74,219 villages across 830 branches as of March 2025, extending group-based (JLG) and individual lending to its customer base.

Rating Rationale

Coupon ladder

Payment schedule of interest and principal

Mar '24Coupon

₹1,097

Apr '24Coupon

₹1,176

May '24Coupon

₹1,138

Jun '24Coupon

₹1,176

Jul '24Coupon

₹1,138

Aug '24Coupon

₹1,176

Sep '24Coupon

₹1,176

Oct '24Coupon

₹1,138

Nov '24Coupon

₹1,176

Dec '24Coupon

₹1,138

Jan '25Coupon

₹1,176

Feb '25Coupon

₹1,176

Mar '25Coupon

₹1,062

Apr '25Coupon

₹1,176

May '25Coupon

₹1,138

Jun '25Coupon

₹1,176

Jul '25Coupon

₹1,138

Aug '25Coupon

₹1,176

Sep '25Coupon

₹1,176

Oct '25Coupon

₹1,138

Nov '25Coupon

₹1,176

Dec '25Coupon

₹1,138

Jan '26Coupon

₹1,176

Feb '26Coupon

₹1,176

Mar '26Coupon

₹1,062

Apr '26Coupon

₹1,176

May '26Coupon

₹1,138

Jun '26Coupon

₹1,176

Jul '26Coupon

₹1,138

Aug '26Coupon

₹1,176

Sep '26Coupon

₹1,176

Oct '26Coupon

₹1,138

Nov '26Coupon

₹1,176

Dec '26Coupon

₹1,138

Jan '27Coupon

₹1,176

Feb '27Coupon

₹1,176

Mar '27Coupon

₹1,062

Apr '27Coupon

₹1,173

May '27Coupon

₹1,135

Jun '27Coupon

₹1,173

Jul '27Coupon

₹1,135

Aug '27Coupon

₹1,173

Sep '27Coupon

₹1,173

Oct '27Coupon

₹1,135

Nov '27Coupon

₹1,173

Dec '27Coupon

₹1,135

Jan '28Coupon

₹1,173

Feb '28Coupon

₹1,173

Mar '28Coupon

₹1,097

Apr '28Coupon

₹1,176

May '28Coupon

₹1,138

Jun '28Coupon

₹1,176

Jul '28Coupon

₹1,138

Aug '28Coupon

₹1,176

Sep '28Coupon

₹1,176

Oct '28Coupon

₹1,138

Nov '28Coupon

₹1,176

Dec '28Coupon

₹1,138

Jan '29Coupon

₹1,176

Feb '29Coupon

₹1,176

Mar '29Coupon

₹1,062

Apr '29Coupon

₹1,176

May '29Coupon

₹1,138

Jun '29Coupon

₹1,176

Jul '29Coupon + Principal

₹1,01,138

Bond Trading History

Trading history isn’t available for this instrument yet.

Data as of 16-Sep-2026

How to invest in this bond

Satya Microcapital 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.INE982X08109If that does not work, try its BSE scrip code:BSE975375
  2. Enter the quantity required.
  3. Enter following Price:₹91,792.38This is the Price at which you will earn Fixed Returns (Yield) of 19.11% 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.