IKF Finance Bonds
2 bonds issued by IKF Finance, listed across Indian platforms and sorted by yield to maturity (YTM). Compare YTM, coupon, tenure, credit rating and minimum investment.
About IKF Finance
IKF Finance Limited is a non-deposit-taking, middle-layer NBFC incorporated in 1991 as IndraKeela Financiers Private Limited and renamed IKF Finance in 1998. Vehicle finance is the core business, built over nearly three decades and made up largely of used commercial vehicles, cars and multi-utility vehicles, construction equipment, two- and three-wheelers and tractors; SME lending and loans to other NBFCs make up the balance. The company is promoted by VGK Prasad and managed by his daughter K. Vasumathi Devi, with Norwest Capital, Motilal Oswal Alternates and Creador holding significant minority stakes. Its wholly owned subsidiary IKF Home Finance Limited offers home loans and loan against property. The portfolio is concentrated in South India, with Andhra Pradesh and Telangana alone accounting for 46% of consolidated AUM as of September 2025, and the group operated 199 branches across nine states at that date.
- AUM
- Rs 6,672 crore
- Gross NPA
- 2.24%
- Net profit
- Rs 143 crore
Figures as of FY25 (31 Mar 2025). Rated by CARE. Source: rating rationale.
Frequently asked questions
Build your bond ladder in minutes.
Set an amount, pick a horizon - the planner spreads it across maturing bonds.
Plan your bond ladderWho is IKF Finance?
IKF Finance Limited is a non-deposit-taking, middle-layer NBFC incorporated in 1991 as IndraKeela Financiers Private Limited and renamed IKF Finance in 1998. Vehicle finance is the core business, built over nearly three decades and made up largely of used commercial vehicles, cars and multi-utility vehicles, construction equipment, two- and three-wheelers and tractors; SME lending and loans to other NBFCs make up the balance. The company is promoted by VGK Prasad and managed by his daughter K. Vasumathi Devi, with Norwest Capital, Motilal Oswal Alternates and Creador holding significant minority stakes. Its wholly owned subsidiary IKF Home Finance Limited offers home loans and loan against property. The portfolio is concentrated in South India, with Andhra Pradesh and Telangana alone accounting for 46% of consolidated AUM as of September 2025, and the group operated 199 branches across nine states at that date.
Is it safe to invest in IKF Finance bonds?
IKF Finance's listed bonds carry an AA- credit rating from CARE; as of FY25 (31 Mar 2025) the company reported AUM of Rs 6,672 crore, gross NPA of 2.24% and net profit of Rs 143 crore. A credit rating measures the chance of default, not price stability, and corporate bonds are not covered by DICGC deposit insurance. Read the issuer's latest rating rationale before you invest.
What yield do IKF Finance bonds offer right now?
As of Sept 2026, the 2 listed IKF Finance bonds yield between 9.2% and 9.5% (average 9.3%), against roughly 6-7% on a comparable bank FD.