INE296Q07167 | 12.15% | MONEYBOXX FINANCE LIMITED

12.15%

YTM

₹9,799.66

Minimum investment

Monthly

Payout

08 Apr 2028

Maturity

10.20%

Coupon Rate

₹10,000

Face Value

Currently subscribed100 Units available

0% Sold

12.15% / +195 bpsYTM vs coupon

yield above stated coupon

98.1922 / 97.9966Clean / dirty price

Excluding / including accrued interest

About the Issuer

Moneyboxx Finance Limited is an RBI-registered non-deposit taking NBFC-BL listed on BSE and incorporated on 16/11/1994. It provides small-ticket business loans to micro and small enterprises through a branch-based model across 12 states, with focus on livestock, kirana, trading, manufacturing and services segments.

Debenture trustee: IDBI Trusteeship Services Limited
Issuance date: 08 Apr 2026

Why this bond?

CRISIL BBB/Stable rating supports credit view.
10.20% fixed monthly coupon with 24-month tenor.
1.10x cover over receivables or eligible collateral.
AUM of 877.76 Cr across 52,805 active loans.

Monthly Interest PayoutPrincipal Paid Across Schedule

₹9,799.66Principal Invested

₹1,485.65Interest earned

₹11,485.65Final Payout

Interest Payout Schedule

Interest payout schedule for selected units, with payout date, interest amount, and principal amount.
Payout Date	Interest (₹)	Principal (₹)
08 Oct 2026	₹83.84	--
08 Nov 2026	₹86.63	--
08 Dec 2026	₹83.84	--
08 Jan 2027	₹86.63	--
08 Feb 2027	₹86.63	--
08 Mar 2027	₹78.25	--
08 Apr 2027	₹86.63	--
08 May 2027	₹83.61	--

Key Strengths

Capital Position

Regular equity infusion supported net worth of 261.96 Cr as of Dec-25.

Experienced Team

CRISIL cites promoters' extensive financial-services experience and risk systems.

Branch Reach

The issuer operates a branch-led model across 12 states and tier III/lower cities.

Secured Cover

NCDs carry 1.10x cover over receivables, FD lien or pledged NCDs.

Portfolio Scale

AUM stood at 877.76 Cr across 52,805 active loans as of Dec-25.

Key Risks

BBB Rating

CRISIL BBB/Stable implies moderate safety and moderate credit risk.

Asset Quality

Stage 3 loans were 1.43% at Dec-25, while CRISIL flags 90+ DPD sensitivity.

Earnings Pressure

PAT remained low at 0.87 Cr for the Dec-25 period after credit-cost pressure.

Small Scale

CRISIL says scale remains small, though improving, compared with larger NBFCs.

Recovery Risk

Security enforcement may not recover full dues if receivable values weaken.

CRISIL BBB/StableLiquidity: AdequateAUM: 877.76 CrSecurity Cover: 1.10x

BBB/ StableReaffirmed

Rating rationale summary

CRISIL BBB/Stable reflects comfortable capitalisation and experienced promoters, offset by small scale, average earnings and asset-quality sensitivity.

Summary points

Comfortable capital position
Experienced promoter and management team
Small but improving scale
Asset quality and earnings remain monitorable

Rating history timeline

Assigned

CRISIL assigned BBB Stable to current NCDs.

Letter

CRISIL letter confirmed BBB Stable rating.

Reaffirmed

CRISIL reaffirmed existing NCDs and facilities.

Outlook implications

Stable outlook reflects CRISIL's view that experienced promoters and comfortable capitalisation should support MFL, while asset quality and earnings improvement remain key monitorables.

Implications for investors

BBB/Stable indicates moderate safety with moderate credit risk, not high-grade safety.
Investors should monitor 90+ DPD, earnings recovery and gearing as AUM scales.
Security cover and guarantees support structure, but recovery still depends on asset realisation.

Rating Drivers

Equity raises support net worth

Experienced financial team

Small but improving AUM

Credit costs pressure PAT

90+ DPD sensitivity

Adequate liquidity buffer

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

Small-ticket MSME lender with branch-led reach across 12 states

MSME Lending NBFC Small Business Loans Base Layer NBFC Tier III LendingSources show diversified micro-enterprise AUM and rising secured-loan share; no peer benchmark table was supplied.

Invest

Units

Trade & Settlement

Settlement date

01 Sep 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

₹9,799.66

Investment amount

₹9,799.66

Total Interest

₹1,485.65

Total Receivable

₹11,485.65

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MONEYBOXX FINANCE LIMITED