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BBB+ | ICRA NCD Secured
11.60%
YTM
N/A
Minimum investment
Monthly
Payout
26 Jan 2027
Maturity
11.00%
Coupon Rate
₹1,00,000
Face Value
11.60% / +60 bpsYTM vs coupon

yield above stated coupon

N/AClean / dirty price

Excluding / including accrued interest

About the issuer

Progfin Private Limited is a non-deposit taking Non-Banking Financial Company (NBFC) based in New Delhi, India, specializing in providing collateral-free working capital finance to micro, small, and medium enterprises (MSMEs). Established on August 25, 1992, the company is a wholly owned subsidiary of Desiderata Impact Ventures Pvt. Ltd. (Progcap). Progfin leverages technology and analytics to underwrite and onboard last-mile retailers, offering tailored financial solutions across various industries. Its mission is to broaden financial opportunities for last-mile MSMEs by embedding responsible, technology-driven credit access into trusted supply-chain ecosystems.

Issuance date
26 Sep 2025

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Registered Office: 301 Chawla Complex Commercial Premises, Sector 15, CBD Belapur, Navi Mumbai 400614 Maharashtra

© 2025 EquiRize. All rights reserved. | CIN: U66190MH2024PTC430982 | SEBI Registration Number (Stock Broker): INZ000323730 | BSE Membership No. 6914 - Debt Segment | NSE Membership No. 90472 - Debt Segment

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Lavanya Sharma

compliance@EquiRize.com, +91-9063459052

Fixed returns do not constitute guaranteed or assured returns. Investments in corporate debt securities, municipal debt securities/securitised debt instruments are subject to credit risks, market risks and default risks including delay and/or default in payment. Read all the offer related documents carefully.

Complaint Redressal via SEBI SCORES:

  • (i) Register on the SCORES portal at scores.sebi.gov.in
  • (ii) Mandatory details: Name, PAN, Address, Mobile Number, Email ID
  • (iii) Benefits: Transparent communication and faster resolution of grievances

Investor Protection Guidelines:

  1. Prevent Unauthorised Transactions:
    • Update your mobile number and email ID with your Stock Broker and Depository Participant.
    • Receive transaction alerts directly from the Exchange and NSDL/CDSL the same day.
  2. IPO Application Process:
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    • In case of non-allotment, funds remain in your bank account.
  3. KYC Compliance:
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  4. Stay Vigilant:
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    • Do not engage in unauthorised portfolio management or collective investment schemes promising fixed/guaranteed returns.

Important Note: Fixed Deposits (FDs) and Peer to Peer (P2P) Lending are not exchange-traded products. EquiRize Securities solely connects investors/lenders with said products.

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We are committed to ensuring that our digital platforms are accessible to all users, including persons with disabilities, in line with applicable SEBI guidelines.

For any accessibility-related assistance or concerns, please contact:

Nodal Officer – Digital Accessibility

Name: Mohit Gupta

Designation: Director

Email: accessibility@equirize.com

Contact: +91 9818544346

Attention Investors:

  • Stock Brokers can accept securities as margin only through pledge in the depository system (w.e.f. September 1, 2020).
  • Ensure your contact details are updated to receive OTPs directly from NSDL/CDSL for pledge creation.
  • Review your holdings regularly via the Consolidated Account Statement issued monthly by NSDL/CDSL.

Useful Links:

SEBI Website

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NSE India Website

BSE India Website

SEBI SCORES 2.0

SMART ODR Portal

Issued in the interest of investors by EquiRize Securities Private Limited.