Yield to Maturity (YTM)Yield to Maturity (YTM) is a standard way to compare a Bond's annual return, if held till maturity.
Principal is returned in structured instalments
The Principal is returned in structured 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.
Bond details
Minimum investment₹9,901.26
Date of maturity22 Sep 2027
ISININE0NES07329
Bond typeSenior Secured
Rating
BBB
What does rating mean?
Rating
The rating of an issuer company reflects its past growth and performance. The rating increases when the company consistently performs well and decreases when it is not performing well.
Categories
Low risk:
AAA, AA+, AA, AA-, A+, A, A-
Moderate risk
BBB+, BBB, BBB-, BB+, BB
High risk
BB-, B+, B, B-, C, D
The rating agency for this Bond is ICRA Limited.
Calculate your payout
Units0
You invest₹0.00
You get₹0.00
Payout
Maturing on 22 Sep '27 • Monthly payout
About
Keertana Finserv Limited is a non-deposit-taking Non-Banking Financial Company (NBFC) originally incorporated in 1996 and acquired by its current promoter in March 2022. The company's business model was established through the acquisition of gold loan and MSME portfolios, and it provides gold loans, joint liability group (JLG) loans, loans against property (LAP), home loans, and unsecured loans. As of December 2025, the company operates through a network of 464 branches spread across six states.;
Pros and Cons
Pros
Cons
The company has successfully scaled its franchise, achieving a significant increase in assets under management to INR 33.92 billion in 9MFY26.
Management has actively improved the portfolio mix by increasing the share of secured products, which contributed 96% to the total loan book in 9MFY26.
The business is supported by a strong track record of timely equity capital infusions from the promoter, totaling INR 6.4 billion since its inception.
The company benefits from a highly experienced promoter with over two decades of proven operational expertise in the NBFC-microfinance sector.
It maintains a well-diversified funding mix with access to capital markets and established lending relationships across six banks, five small finance banks, and 35 NBFCs.
Other details
Clean price₹9,911.12
Dirty price₹9,901.26
Current yield12.11%
Security cover1.10X of POS
Issue size1.00Cr
Original bond tenure17 months
TrusteeMitcon Trusteeship Services Limited
Mode of issueNCD
Listed onNSE
Listing date22 Apr 2026
Maturity date22 Sep 2027
Coupon rate12.00%
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.