Hella Infra Market Retail Private Limited is incorporated as a private limited company under the Companies Act, 2013. It is principally engaged in the business of buying, selling, supplying, distributing, and storing construction material goods and products.
Debenture trustee
Catalyst Trusteeship Limited
Issuance date
17 Sep 2026
Key terms
Secured by 1.5x asset hypothecation and 1.5x share pledge.
Unconditional corporate guarantee from Hella Infra Market.
Rated ACUITE A- by by Acuité Ratings & Research Limited
Returns & Cashflow
Units
10
Monthly Interest PayoutPrincipal Paid Across Schedule
₹92,379.05Principal Invested
₹23,168Interest earned
₹1,23,168Final Payout
Interest Payout Schedule
Interest payout schedule for selected units, with payout date, interest amount, and principal amount.
Payout Date
Interest (₹)
Principal (₹)
17 Dec 2026
₹904.1
--
17 Jan 2027
₹934.2
--
17 Feb 2027
₹934.2
--
17 Mar 2027
₹843.8
--
17 Apr 2027
₹934.2
--
17 May 2027
₹904.1
--
17 Jun 2027
₹934.2
--
17 Jul 2027
₹904.1
--
Sign up to view detailed payout schedule
7.42xDebt/Equity
Operations based in IndiaGeographic
₹50.4 CrNet worth
₹44.45 CrPAT
100%Promoter holding
42.7xROCE
161.79%ROE
Financial Trend
YoY +1007.7% ↑
Sign up to view Issuer at a glance
Issuer and structure highlights
Strong Revenue Scale
Consistent increase in revenue from operations, reaching INR 1,542 Cr in FY26.
Solid Security Cover
The NCDs are backed by a 3.0x security cover, including 1.5x hypothecation and 1.5x share pledge.
Corporate Guarantee
Supported by an unconditional and irrevocable guarantee from the holding company.
Key Risks
High Leverage
The company's debt-to-equity ratio stood at 7.42x as of March 2026, indicating high reliance on debt funding.
Thin Profit Margins
Despite high revenues, the net profit margin remains constrained at approximately 2.88% for FY26.
Summarised from the issuer's disclosures and the rating rationale. Read the full offer document and rating rationale before investing.
3.0x Total Security CoverHolding Company Guarantee
A-
LOW CREDIT RISKCRISIL A-
Rating agencyCRISIL
Senior Secured
Rating as of 30 Oct 2026
All Ratings
CRISIL (30 Oct 2026) A-
ACUITE (30 Oct 2026) A-
The Credit risk-o-meter is based on evaluation of the credit risk of the issuer and does not constitute investment advice or a recommendation to invest. Investments in debt securities are also subject to market and liquidity risks.
Rating rationale summary
ACUITE has assigned an 'A-' rating to the NCDs. The rating placed indicates an adequate degree of safety regarding timely servicing of obligations.
Summary points
Adequate safety for obligations
Corporate & personal guarantees
Outlook implications
The Rating Watch with Developing Implications indicates that the rating may be upgraded, downgraded, or reaffirmed based on the outcome of ongoing strategic or corporate developments.
Implications for investors
The NCDs offer a 3.0x security cover alongside corporate and personal guarantees, providing substantial credit enhancement.
The rating watch reflects ongoing corporate developments that may influence the issuer's credit profile in the near term.
Watch for: Updates on rating watch resolution and corporate developments
Rating Drivers
Strong Security
Positive
3.0x robust security cover
Guarantees
Supportive
Unconditional backing
Rating Watch
Monitored
Pending corporate events
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
Consistent Revenue Growth and Strong Holding Company Support
Construction Materials B2B RetailThe company has demonstrated consistent scaling in revenue over the last three financial years with backing from its parent entity.
Sign up to view Credit Rating Intelligence
Invest
Selected investment units: 10
Trade & Settlement
Settlement date
11 Nov 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
₹9,237.91
Investment amount
₹92,379.05
Total Interest
₹23,168
Total Receivable
₹1,23,168
Blogs
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Senior Secured 
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