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BBB+ | ICRA Limited NCD Secured
N/A
YTM
N/A
Minimum investment
Monthly
Payout
13 Jan 2027
Maturity
11.00%
Coupon Rate
₹10,000
Face Value
N/AYTM 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 in 1992 as Hytone Holdings Private Limited, the company was rebranded as Progfin Private Limited in 2022 after being acquired by 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. As of June 30, 2025, Progfin reported total assets under management of ₹1,703 crore, comprising dealer financing (70%) and working capital term loans (30%).

Issuance date
13 Oct 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.

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Investor Protection Guidelines:

  1. Prevent Unauthorised Transactions:
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    • 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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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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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.

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