11.99%
YTM
N/A
Minimum investment
Monthly
Payout
14 May 2031
Maturity
11.75%
Coupon Rate
₹1,00,000
Face Value
11.99% / +24 bpsYTM vs coupon
yield above stated coupon
N/AClean / dirty price
Excluding / including accrued interest
About the issuer
Annapurna Finance Private Limited, established on April 30, 1986, is a Non-Banking Financial Company (NBFC) headquartered in Bhubaneswar, Odisha, India. Specializing in microfinance, it offers financial services to economically disadvantaged communities, focusing on women and small enterprises. As of March 31, 2024, the company managed assets exceeding $1.25 billion, operating 1,372 branches across 20 states and nearly 450 districts. In May 2024, Piramal Alternatives invested ₹600 crore in Annapurna Finance, comprising a ₹300 crore stake acquisition and ₹300 crore in optionally convertible debentures, to support its growth and diversification.
- Issuance date
- 14 May 2025