ADITYA BIRLA FINANCE LIMITED

GoldenPi: Buy Bonds, Debentures & Other Fixed Income Assets

Search for bonds, FD or IPO

Prepare for investing by finishing your KYC process

It just takes 5 mins

INE860H08EB9 is Out of Stock

Check out similar bonds and other options from the same issuer.

INE860H08EB9 - Bond Details

Returns (YTM)

N/A

Min. Investment

N/A

Remaining Tenure

4Y 23Days

Payment Terms

Yearly

Highlights

Credit Rating

ICRA AAA/STABLE

Seniority

SUBORDINATE

Security

Unsecured TIER II

Default History

Zero

Stable Capitalization: Capital adequacy ratio (CRAR) of ~22% (FY24), well above regulatory requirements.

Parental Support: Backed by Aditya Birla Group, ensuring strong brand trust and access to funding.

Healthy Asset Quality: Gross NPA at ~2.5% (FY24), lower than industry average for NBFCs.

Strong Liquidity Coverage: Liquidity buffer of ~₹12,000 Cr (FY24), covering short-term obligations.

Diversified Financial Services Portfolio: Strong presence in NBFC, asset management, insurance, and housing finance (AUM over ₹3.5 lakh crore as of March 2025).

Company Financials

Revenue

PAT

Debt

Net Worth

Important disclaimer

Ratio Analysis

1.24

Net NPA

Good

Benchmark: Lower than 3%

4.41

Debt to Equity Ratio

Good

Benchmark: Maximum 12 times

1.49

Interest Coverage Ratio

Risky

Benchmark: Minimum 2

Important disclaimer

About Issuer

Aditya Birla Finance Limited (ABFL) is a leading non-banking financial services company in India, operating as a subsidiary of Aditya Birla Capital Limited. It offers a wide range of lending, financing, and wealth management solutions to a diverse customer base, including retail, HNI, SMEs, and corporates. ABFL is registered with RBI as a systemically important NBFC and is among the top five private diversified NBFCs in India by AUM.

As of June 30, 2023, ABFL has total assets under management of Rs. 858.91 billion and total equity of Rs. 119.36 billion. It holds a AAA (Stable) credit rating from ICRA and India Ratings for its financial strength.

ABFL is part of the Aditya Birla Group, a Fortune 500 conglomerate with a global presence in various sectors. Aditya Birla Capital Limited, the parent company of ABFL, manages aggregate assets under management of about Rs. 3.9 lakh Crore through its subsidiaries and joint ventures.

ABFL's core services include personal finance, SME finance, mortgage finance, corporate finance, debt capital markets, loan syndication, and wealth management, making it a key player in India's financial services sector.

Total Annual Revenue

Rs 8.268 Cr (FY 22)

Year of Inception

1991

Industry

NBFC Retail

Head Office

Veraval

Type of Issuer

Corporate

Current MD/CEO

Mr. Rakesh Singh

Credit Rating / Outlook

AAA STABLE

ICRA

Rating Rationale

Rating Date: 02-Feb-2024

AAA STABLE

IND

Rating Rationale

Rating Date: 10-Jul-2024

Credit rating by different rating agencies indicates the bond issuer’s ability to repay its debt obligations. A bond can be rated by one or more SEBI registered credit rating agencies e.g. CRISIL, CARE, ICRA, IND, BWR, ACUITE, INFOMERICS.
Bonds/NCDs with AAA credit rating are considered to have the highest degree of safety regarding timely servicing of debt obligations. Such Bonds/NCDs carry lowest credit risk.
Stable Outlook suggests that the rating is unlikely to change significantly in the near to medium term, indicating a stable credit profile of the issuer.

Other Important Details & Disclosures

Issuer Name

ADITYA BIRLA FINANCE LIMITED

Security Name

8.95% ADITYA BIRLA FINANCE LIMITED UnSecured Rated Listed NCD Maturity 6-Jun-2029

ISIN

Copy

INE860H08EB9

Face Value

₹ 10,00,000

Issued FV

₹ 10,00,000

Coupon Rate

8.95%

Coupon Type

FIXED

Payment Terms

Yearly

Maturity Date

6-Jun-2029

Clean Price

₹ 103.4

Dirty Price

Current Yield

8.6558%

Yield to Maturity

7.9269%

Mode of Issue

Private Placement

Date of Issue

6-Jun-2019

Listed

Yes

Instrument Type

Taxable

Security

Unsecured

Seniority

SUBORDINATE

Perpetual

Tier level

Trustee Details

Vistra ITCL (India) Limited

The IL and FS Financial Center, Plot No. C 22, G Block, 7th Floor, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra 400051

Registrar Details

Link Intime India Private Limited,

Mumbai C-13, Pannalal Silk Mills Compound, LBS MargBhandup (W), Mumbai, 400078

Looking For More Information ?

Download Prospectus

Taxation

10%

TDS on Interest Income*

*Given TDS is indicative and fully claimable while filing ITR. The interest income from this bond will be taxable and will appear in the additional source of income in your ITR. Please consult your tax advisor for precise taxation details
As a listed bond, it is subject to capital gains tax based on the holding period. A holding period of less than 1 year qualifies as short-term, while more than 1 year qualifies as long-term.
You can submit your Form 121 to the registrar and debenture trustee of the bond to avoid the TDS deduction. Download Form

Registrar details: Link Intime India Private Limited, Mumbai C-13, Pannalal Silk Mills Compound, LBS MargBhandup (W), Mumbai, 400078

This bond is
currently out of stock

Download Cashflow

FAQs about ADITYA BIRLA FINANCE LIMITED bonds

How to buy this ADITYA BIRLA FINANCE LIMITED bond online?

You can invest in bonds online in under 5 minutes. To buy ADITYA BIRLA FINANCE LIMITED bond online follow the steps below:

Login/signup at GoldenPi
Upload your documents online to complete the KYC
Pay online via payment gateway and receive bond units in your demat account

What is the yield of this ADITYA BIRLA FINANCE LIMITED bond?

undefined% is the current yield of this ADITYA BIRLA FINANCE LIMITED bond. A bond’s current yield indicates the annual return based on its current market price and annual coupon payment.
In addition to current yield, the yield to maturity (YTM) of this ADITYA BIRLA FINANCE LIMITED bond is undefined%, which indicates the total expected return if the bond is held till the maturity date. It is calculated using the XIRR method considering current price, face value, coupon payments, and time to maturity.

Is it safe to invest in bonds?

Investing in bonds is relatively a safer option but it depends on factors like:

The creditworthiness of the issuer indicated by the credit rating
The debt quality of the bond indicated by its seniority and security
Your investment goals and risk appetite

If you are an existing bond investor and want to sell your bond holdings before maturity, you can do so through the secondary market. This can be done either through exchanges such as BSE or NSE, or you can also request a quote from your relationship manager at GoldenPi.

How to redeem this ADITYA BIRLA FINANCE LIMITED bond?

To redeem this ADITYA BIRLA FINANCE LIMITED bond, bond, kindly first check its redemption value and redemption schedule. This can be found by downloading the cash flow from the “Calculate Your Returns” section of this page or by contacting the support team at GoldenPi.
Once you buy this bond, the units would be reflected in your demat account.
Upon maturity, the bond units held in your demat account will be automatically debited on the maturity date, and if the maturity date falls on a bank holiday, the redemption amount will be paid out on the next working day.
The funds will be credited to the bank account linked to your demat account. The process of redeeming this ADITYA BIRLA FINANCE LIMITED bond is generally simple and straightforward. Contact our support team for more information.

Is this ADITYA BIRLA FINANCE LIMITED bond tax-free?

No, this ADITYA BIRLA FINANCE LIMITED bond is not tax free. The interest income received from these bonds will be treated as “income from other sources” in the ITR and the tax will be calculated as per your income tax slab.

To know more about taxation in detail please read this article: https://goldenpi.com/blogessentials/bond-market/taxation-on-gains-from-bond-investments/

Can I sell this ADITYA BIRLA FINANCE LIMITED bond before the maturity date?

Yes, it is possible to sell this ADITYA BIRLA FINANCE LIMITED bond before maturity. However, as the sale process happens in the secondary market, the price can be determined by a variety of factors, including interest rates, credit ratings, company performance, and market demand.

To know more about the sale process, contact us at https://goldenpi.com/contact-us

Need Help?

Talk to our Support Team for free. We will help you through your investment journey.

Note to Investors

GoldenPi Securities Pvt. Ltd. (“GSPL”) is a wholly owned subsidiary of GoldenPi Technologies Pvt. Ltd. (“GTPL”) and is a SEBI registered broker under BSE new debt segment allowing investors to trade in secondary bonds & debentures through exchange.

Fixed returns do not constitute guaranteed or assured returns. Investments in corporate debt securities, municipal debt securities/securitised debt instruments are subject to credit risks, market risks and default risks including delay and/or default in payment. Read all the offer related documents carefully.
Investors can update their email id and mobile number with their stock broker / depository participant and receive OTP directly from the depository on email id and/or mobile number to create a pledge. Investors can check their securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month.

The FAQs on the platform are exclusively for educational information/knowledge and do not influence the investment/sale decisions of any investors.As you are aware, under the rapidly evolving dynamics of financial markets, it is crucial for investors to remain updated and well-informed about various aspects of investing in securities market. In this connection, please find a link to the BSE Investor Protection Fund website where you will find some useful educative material in the form of text and videos, so as to become an informed investor. https://www.bseipf.com/investors_education.html
We believe that an educated investor is a protected investor !!!

The information shown on the website should not be construed as financial advice or as an offer or recommendation to buy or sell any security or any products/services of GSPL or any product/services of its third-party client(s). The user should act and rely on the information/data shown on the website only after understanding all associated risk parameters. Any action/decision taken by the user on the basis of the information shown on this website shall be the sole responsibility of the user. Neither GSPL nor its directors, employees, associates, representatives, or agents shall be liable for any damages whether direct, indirect, special, or consequential including lost revenue or lost profits that may arise to the user from or in connection with the use of the information/data shown on this website.

We understand that certain investment advisors may be approaching members of the public including our clients, representing that they are our partners, or representing that their investment advice is based on our research. Please note that we have not engaged any third parties to render any investment advisory services on our behalf nor are we providing any stock recommendations/tips/research report/advisory. Persons making investments on the basis of such advice may lose all or a part of their investments along with the fee paid to such unscrupulous persons. Please be cautious about any phone call that you may receive from persons representing to be such investment advisors, or a part of research firm offering advice on securities. Do not make payments through e-mail links, WhatsApp or SMS. Please do not share your personal or financial information with any person without proper verification. Always trade through a registered broker.

We collect, retain, and use your contact information for legitimate business purposes only, to contact you and to provide you information & latest updates regarding our products & services.

Fixed Deposits are offered in the capacity of a distributor and all disputes with respect to distribution activity, would not have access to exchange investor redressal forum or arbitration mechanism.

Attention Investors - Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month. Issued in the interest of Investors

Filling complaints on SMARTODR & SCORES - Easy & Quick

a. Register on the portal | b. Mandatory details for register and filing complaints - Name, PAN, Address, Mobile Number, E-mail ID | c. Benefits: i. Effective Communication ii. Speedy redressal of the grievances | d. Complaints against the companies shall be subject to the SMARTODR/SCORES guidelines

GoldenPi Securities Pvt Ltd (“GSPL”) | SEBI Registration No.: INZ000310732 | BSE Member ID : 6809 | NSE Member ID: 90331

Compliance Officer: Ekta Sheth, Tel. No.: 080-45685666, Email ID: grievance-gspl@goldenpi.com (for any compliance & grievance related complaints)

Key Managerial Personnel:
Abhijit Roy - Designated Director & CEO, Samir Baran Pratihar - Designated Director & CTO
Tel. No.: 080-45685666 | Email: contact-us@goldenpi.com

ADITYA BIRLA FINANCE LIMITED

ADITYA BIRLA FINANCE LIMITED

INE860H08EB9 - Bond Details

Highlights

Company Financials

Ratio Analysis

About Issuer