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A- | INDIA RATING AND RESEARCH PVT. LTD. NCD Secured
11.25%
YTM
N/A
Minimum investment
Monthly
Payout
20 Sep 2028
Maturity
10.50%
Coupon Rate
₹1,00,000
Face Value
11.25% / +75 bpsYTM vs coupon

yield above stated coupon

N/AClean / dirty price

Excluding / including accrued interest

About the issuer

Greaves Finance Limited, established on December 31, 1958, is a public limited company based in Mumbai, Maharashtra, India. It specializes in financial services, focusing on investment and credit as a Non-Banking Financial Company (NBFC). The company is a subsidiary of Greaves Cotton Limited, a prominent engineering and mobility firm. Greaves Finance Limited offers a range of financing solutions, including products like zip.fin, eco.fin, smart.fin, ride.fin, and protect.fin, primarily targeting electric vehicle purchases to promote eco-friendly mobility. As of March 31, 2025, the company reported a revenue of ₹18.17 crore, reflecting significant growth compared to the previous year. The authorized share capital is ₹32 crore, with a paid-up capital of ₹56.97 lakh. The registered office is located at Unit Nos. 301 & 302, 3rd Floor Tower B, Peninsula Business Park, Mumbai, Maharashtra, India.

Issuance date
07 Sep 2026

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