You can sell this Bond anytimeThis Bond can be sold directly, anytime before maturity, at the current price. The amount will be credited in 2 days, in your demat linked bank account.
Exit load of 0.25% (on YTM) applies for sell orders
A-Rating
The rating agency for this Bond is CARE.
What is rating?
Rating reflects its creditworthiness and past performance. It may change based on the company’s financial health and ability to repay.
Categories
Lowest risk
AAA
Low risk
AA+, AA, AA-
Moderate risk
A+, A, A-
High risk
BBB+, BBB, BBB-
Highest risk
BB+, BB, BB-, B, B-, C, D
YTM
11.10%
Price/unit₹99,943.50
Tenure23 months
Interest payoutMonthly
Principal payoutPRINCIPAL AMORTIZATI
Yield to Maturity (YTM)YTM defines the annual return a bond offers if held to maturity. It assumes all payouts received get reinvested at the same rate until maturity.
YTM is XIRR of bonds.
Principal is returned in principal amortizati instalments
The Principal is returned in principal amortizati instalments for this Bond, so you receive a portion of your invested amount back regularly.
As principal is returned, interest is earned on the outstanding principal.
Calculate your returns
You invest₹00 qty
You get₹0
Interest +₹0
+ ₹25K
+ ₹50K
+ ₹1L
+ ₹2L
Payout Schedule
Maturing on 04 Oct '28 • Monthly payout
Upcoming payouts
No upcoming payouts
About
Earlysalary Services Private Limited (ESPL), formerly known as Ashish Securities Private Limited, was incorporated in 1994 and is a registered Non-Banking Financial Systematically Important Company (NBFC-SI). Operating as a wholly-owned subsidiary of its technology parent Social Worth Technologies Private Limited (SWTPL), the company provides unsecured consumer loans primarily to salaried individuals for short-term liquidity needs. ESPL utilizes a branchless, digital-first lending model through its mobile application, Fibe (earlier known as Earlysalary), employing automation and data analytics for its credit underwriting and risk assessment. As of June 30, 2025, the company had a tangible net worth of ₹1,030 crore, an Assets Under Management (AUM) of ₹5,584 crore, and served over 9 lakh borrowers across more than 30 states and union territories.;
Pros and Cons
Pros
Cons
The company maintains an adequate capitalization profile, supported by regular equity infusions from its parent entity, SWTPL, which raised ₹547 crore in FY25 and has down-streamed a total of ₹900 crore to ESPL since inception.
ESPL has demonstrated a consistent improvement in its scale of operations, with its AUM significantly expanding from ₹4,064 crore as of March 31, 2024, to ₹5,584 crore as of June 30, 2025.
The company possesses a moderately diversified resource profile, with its funding mix as of June 30, 2025, comprising Non-Convertible Debentures (41%), NBFCs/FIs (31%), banks (18%), pass-through certificates (6.9%), and commercial paper (1%).
The business is guided by an experienced management team, including co-founders Akshay Mehrotra and Ashish Goyal, who collectively bring over four decades of expertise in retail and financial services.
ESPL maintains an adequate liquidity position with positive cumulative mismatches across all time buckets, supported by consolidated unencumbered liquidity of ₹204 crore and an undrawn overdraft limit of ₹120 crore at the parent level as of June 30, 2025.
Other details
Clean price₹99,857.20
Dirty price₹99,943.50
Current yield11.10%
Security cover--
Issue size1800.00Cr
Original bond tenure26 months
TrusteeMitcon Trusteeship Services Ltd
Mode of issueNCD
Listed onNSE
Listing date30 Jul 2026
Coupon rate10.50%
Other details
Clean priceThe bond's original price without earned interest on it.
Dirty priceThe total price you pay - bond price plus accrued interest.
Security coverThe value of assets pledged by the issuer as backup, shown as a multiple of the outstanding loan amount.
Issue sizeThe total amount of money the company is raising through this bond issue.
Original bond tenureThe total duration of the bond from issue date to maturity date.
TrusteeAn independent entity appointed to protect bondholders' interests and monitor the issuer.
Mode of issueHow the bond is offered to investors (e.g., public issue open to all investors).
Listed onStock exchanges where the bond can be bought and sold after issuance.
Listing dateThe date from which the bond became available for trading on the stock exchange.
Maturity dateThe date when the company repays the bond's principal amount.
Coupon rateThe fixed annual interest rate paid to investors on the bond's face value.
Current yieldThe annual interest you earn divided by the bond's current market price.
