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MUFIN GREEN FINANCE LIMITED

ISIN: INE08KJ07175

12.20%YTM
Payouts : Monthly
Maturity Date : 29 Aug 2027
12.20%
YTM
₹ 9,967.25
Min Investment
Monthly
Payout
₹ 10,000
Face Value
11.00%
Coupon
29 Aug 2027
Maturity Date
Currently subscribedLot Size : 50 Units available

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About The Issuer

Mufin Green Finance Limited (MGFL) is an RBI-registered NBFC-ND, focused on financing the electric-vehicle (EV) ecosystem in India. The company provides loans for 2-wheelers, 3-wheelers, e-rickshaws, 4-wheelers, EV batteries, and EV charging infrastructure. MGFL was acquired by Hindon Mercantile Limited in March 2022 and is part of the Mufin Group, which has financed over 80,000+ EVs since 2016. The issuer operates with a mission to accelerate India’s EV adoption through asset-backed lending.

Metric
FY25
Business AUM
₹1,041.15 Cr
Net Worth
₹702.22 Cr
Disbursements
Growing
PAT
Improving
CAR
25.99%
💡Issuer Health Summary

Key financial indicators to assess stability & repayment capacity.

Key Risks & Disclosures

Issuer-Level Risks:Concentration in EV segment and select geographies (UP, Bihar, Delhi), Moderate seasoning of loan portfolio,Dependence on wholesale funding
Instrument-Specific Risks:Liquidity risk in secondary market, Fixed-rate interest-rate risk, Enforcement risk despite security cover
Regulatory & Compliance Risks:RBI policy changes for NBFCs, EV subsidy / policy dependency

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Trade & Settlement

Trade date
12 Mar 2026
Orders placed after 4 PM will be executed on the next business day.Weekends & exchange holidays are skipped.

Totals (For Selected Units)

Price per Unit
₹9,967.25
Investment amount
₹9,967.25
Total Interest
₹1,483.01
Total Receivable
₹11,483.01

Diligence Documents

General Information DocumentDownload
Key Information DocumentDownload
Rating RationalDownload
Debenture Trustee AppointmentDownload
Consent LetterDownload
Rating LetterDownload
Annual ReportDownload

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