Vivriti Capital Limited is a middle-layer NBFC offering institutional loans, supply chain financing, and retail loans. It recently acquired the NBFC business of erstwhile Vivriti Capital Limited pursuant to a composite scheme of arrangement effective April 1, 2026.
Secured by first ranking exclusive charge on assets.
Security cover of 1.05x on the outstanding principal.
Healthy capitalization backed by pedigree investors.
Returns & Cashflow
Units
1
Monthly Interest PayoutPrincipal Paid at Maturity
₹9,973.2Principal Invested
₹1,321.17Interest earned
₹11,321.17Final Payout
Interest Payout Schedule
Interest payout schedule for selected units, with payout date, interest amount, and principal amount.
Payout Date
Interest (₹)
Principal (₹)
11 Nov 2026
₹79.41
--
11 Dec 2026
₹76.85
--
11 Jan 2027
₹79.41
--
11 Feb 2027
₹79.41
--
11 Mar 2027
₹71.73
--
11 Apr 2027
₹79.41
--
11 May 2027
₹76.85
--
11 Jun 2027
₹79.41
--
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Moderate — GNPAAsset quality
₹11,395 CrAUM
22.5%Capital adequacy
2.2%GNPA
₹2,484 CrNet worth
1.2%NNPA
₹265 CrPAT
Financial Trend
YoY +4.4% ↑
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Issuer and structure highlights
Healthy Capitalisation
Supported by internal accretions and regular capital infusions from pedigree investors.
Stable Earnings Profile
Consistent profitability with RoMA of 2.2% in FY26 driven by healthy net interest margins.
Risk Management
Adequate risk management practices and expertise of the promoter in institutional lending.
Key Risks
Asset Quality Moderation
Uptick in reported delinquencies in the retail and enterprise portfolio recently.
Wholesale Vulnerability
Lending exposure to wholesale segments makes asset quality vulnerable to shocks.
Limited Portfolio Vintage
Limited, though increasing, vintage in the corporate enterprise and retail loan books.
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Summarised from the issuer's disclosures and the rating rationale. Read the full offer document and rating rationale before investing.
CRISIL A+Positive OutlookRobust Capitalization
A+Jul 2026
Rating rationale summary
CRISIL A+/Positive rating reflects Vivriti's healthy capitalisation, stable earnings, and increasing scale of operations, partially offset by limited vintage in corporate and retail loans.
Summary points
Healthy capitalisation backed by equity infusions
Stable and expectedly improving earnings profile
Increasing scale supported by risk management
Rating history timeline
Apr 2026
Reaffirmed existing ratings and stable outlook
Jul 2026
Assigned rating to Rs 500 Cr NCDs with positive outlook
Outlook implications
The positive outlook is driven by the expectation of sustained improvement in overall profitability with stable asset quality and anticipated equity infusions.
Implications for investors
The positive outlook indicates expected sustained improvement in overall profitability with segmental and overall asset quality being maintained at sound levels.
Investors benefit from the group's demonstrated ability to raise capital at regular intervals from high-pedigree investors.
Watch for: Substantial weakening of asset quality or an increase in leverage over 4 times for a prolonged period.
Rating Drivers
Capitalisation
Positive
Strong capital position
Scale & Earnings
Positive
Stable profitability profile
Asset Quality
Monitored
Limited corporate vintage
How this issuer compares to peers
Benchmark yield, balance-sheet strength, and risk indicators against similar issuers to make the credit case easier to validate.
Where it stands out
Robust capitalisation and demonstrated ability to raise equity.
Middle Layer NBFC Institutional Loans Retail Co-LendingBacking from high-pedigree investors such as LGT group, Creation Investment LLC, and TVS Capital Funds.
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Invest
Selected investment units: 1
Trade & Settlement
Settlement date
12 Oct 2026
Orders placed after 4 PM will be executed on the next business day. Weekends and exchange holidays are skipped.
Totals (For Selected Units)
Price per Unit
₹9,973.2
Investment amount
₹9,973.2
Total Interest
₹1,321.17
Total Receivable
₹11,321.17
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