KEERTANA FINSERV PRIVATE LIMITED
ISIN: INE0NES07162
14.00%YTM
Payouts : Monthly
Maturity Date : 6 Mar 2027
14.00%
YTM
₹ 97,900.51
Min Investment
Monthly
Payout
₹ 1,00,000
Face Value
11.30%
Coupon
06 Mar 2027
Maturity Date
Currently subscribedLot Size : 50/50 Units available
Interest Calculator
InterestMonthly
About The Issuer
Keertana Finserv is an NBFC engaged in secured retail lending—primarily gold loans, LAP and MSME loans. The company was a dormant NBFC named Rajshree Tracom until March 2022; it was acquired by new promoters led by Padmaja Reddy (former MD of Spandana Sphoorty) and relaunched as Keertana. In April 2022, it acquired Spandana Mutual Benefit Trust’s gold‑loan business and an MSME portfolio
Issuer At A Glance
Secured Loans: 75%
Unsecured Loans: 25%
Loan Portfolio Composition
₹2,496 cr
AUM growth
₹601 cr
Net worth & gearing
0.05%
Asset quality (GNPA)
India Ratings and Research BBB+
Rating
AXIS TRUSTEE SERVICES LIMITED
Debenture Trustee
Metric
FY25
AUM (₹ cr)
2,496(9M)
Net worth (₹ cr)
601
Gearing (×)
3.4
Debt/EBITDA (×)
1.34 (FY25)
90 + dpd (%)
0.79 (FY25)
Issuer Health Summary
Key financial indicators to assess stability & repayment capacity.
Key Risks & Disclosures
Concentration:Heavy exposure to Andhra Pradesh (82% of portfolio)
Moderate asset quality:90+ dpd rising to 0.79% and reliance on gold‑loan collateral; unsecured segment stress may increase provisions
Evolving franchise:Operates only since 2022 under current promoters; portfolio seasoning is limited
Invest
Units
Trade & Settlement
24 Feb 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
₹97,900.51Investment amount
₹97,900.51Total Interest
₹11,300.04Total Receivable
₹1,11,300.04Diligence Documents
Rating Rationale and Letter
Debenture Trustee Appointment Agreement
GENERAL INFORMATION DOCUMENT
KEY INFORMATION DOCUMENT
