IIFL SAMASTA FINANCE LIMITED
ISIN: INE413U07418
10.50%YTM
₹ 99,804.27
Min Investment
Monthly
Payout
₹ 1,00,000
Face Value
9.75%
Coupon
16 Jul 2028
Maturity Date
Currently subscribedLot Size : 50 Units available
Interest Calculator
InterestMonthly
InterestMonthly
About The Issuer
IIFL Samasta Finance Limited (formerly Samasta Microfinance Limited) is an NBFC-MFI providing micro-credit and small-ticket loans primarily to low-income women borrowers in rural and semi-urban India under the joint-liability group (JLG) model. The company is part of the IIFL Group, with IIFL Finance Limited as the majority promoter, providing strong financial and managerial support. Samasta focuses on financial inclusion, livelihood financing, and small business loans across multiple states, with expanding geographic presence.
Metric
FY25
AUM (₹ cr)
11,101
Net Worth (₹ cr)
~2,034
Gearing (×) (on-book)
~3.1–3.4
Gross NPA (%)
~4.7
Profit after Tax (₹ cr)
20
CAR (%)
~32.4%
Rating
AA- / Stable
Issuer Health Summary
Key financial indicators to assess stability & repayment capacity.
Key Risks & Disclosures
Microfinance concentration risk:Around 84% of the portfolio is still microfinance, so Samasta remains exposed to borrower stress, over-indebtedness, and collection disruptions in the MFI segment.
Asset-quality deterioration in FY25:Asset quality weakened materially, with GNPA at 4.71%, NNPA at 1.46%, PAR 30 at 9.9%, PAR 60 at 8.1%, and PAR 90 at 6.6% as of March 2025
Profitability compression:Profitability reduced sharply in FY25, with PAT falling to ₹20.4 Cr and ROA to 0.2%, reflecting elevated write-offs and weaker portfolio quality.
Geographic Concentration:High concentration persists in key states (e.g., Bihar, Tamil Nadu, Karnataka), exposing the company to regional socio-political and economic risks.
Funding & Liquidity:Borrowing mix includes banks, NCDs, PTCs and refinances. Liquidity is adequate with cash buffers and refinancing lines, supplemented by expected parental support from IIFL Finance.
Invest
Trade & Settlement
30 Apr 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
₹99,804.27Investment amount
₹99,804.27Total Interest
₹21,930.81Total Receivable
₹1,21,930.81Download Diligence Documents
Rating Rationale
