This bond is no longer available. It has matured, sold out, or been delisted from the platforms we track, last seen on 18 Sept 2026. The details below are kept as a record of the issue. Compare bonds available now →
Progfin
Progfin is a corporate bond issued by a company to raise debt from investors, was last listed at a yield to maturity (YTM) of 10.5%.
Data as of 18 Sept 2026
How this yield compares
About this bond
Progfin is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 10.5%. It pays a coupon of 11% and matures on 4 Oct 2026. It is rated BBB+, a moderate credit-safety grade. WintWealth lists this bond with a minimum investment of ₹10K.
Its 10.5% yield is well above the market average, ranking 148th of 315 Corporate bonds we list. That edges 0.10 points past the Corporate median of 10.40%. Against a tenure-matched SBI fixed deposit (6.25%), it pays roughly 4.25 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its moderate safety (BBB+) rating is the main signal of default risk here. Compare it against similar bonds on RightBonds before investing.
Investors comparing this bond often also look at Progfin (INE0MYJ07211) at 11.7%, Progfin (INE0MYJ07203) at 11.5% and Progfin (INE0MYJ07195) at 11.4%.
About Progfin
Progfin Private Limited is the lending arm of the Progcap group, a wholly owned subsidiary that began operations only in October 2022. It does anchor-led supply chain finance: rather than lending to consumers, it funds dealers and distributors against their trade with a larger anchor company, across two-wheelers, agricultural inputs, white goods, FMCG and newer consumer brands. Dealer financing is about two-thirds of the book and working capital term loans the rest. The target customer is the MSME retailer in tier-2 cities and smaller towns, reached through the Progcap network of more than 31,500 active borrowers. The group has raised roughly Rs 800 crore of equity since inception, giving a net worth of Rs 739 crore and managed gearing of 1.9 times. Profit after tax was Rs 12 crore in FY25 on total income of Rs 258 crore. This is a young lender with a short track record through a full credit cycle.
