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BBB+ | ICRA NCD Secured
11.55%
YTM
N/A
Minimum investment
Monthly
Payout
21 Apr 2027
Maturity
10.00%
Coupon Rate
₹1,00,000
Face Value
11.55% / +155 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 MSMEs by embedding finance into trusted supply-chain ecosystems.

Issuance date
21 Jan 2026

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