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A | Acuite Ratings & Research MLD NCD Secured
9.40%
YTM
N/A
Minimum investment
At Maturity
Payout
24 Feb 2029
Maturity
10.50%
Coupon Rate
₹10,000
Face Value
9.40% / -110 bpsYTM vs coupon

yield above stated coupon

N/AClean / dirty price

Excluding / including accrued interest

About the issuer

Laxmi India Finance Limited, established in 1996 and headquartered in Jaipur, Rajasthan, is a non-deposit taking Non-Banking Financial Company (NBFC) operating primarily in the Micro, Small, and Medium Enterprises (MSME) and vehicle financing sectors. The company offers a range of financial products, including MSME loans, vehicle loans, and construction loans, with over 80% of its MSME loans qualifying as Priority Sector Lending under Reserve Bank of India guidelines. As of March 31, 2025, Laxmi India Finance Limited operated 158 branches across Rajasthan, Gujarat, Madhya Pradesh, Chhattisgarh, and Uttar Pradesh. The company was incorporated as Laxmi India Finleasecap Private Limited on May 10, 1996, and later converted to a public limited company in August 2024.

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