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Entity-Specific Rating Rationales

24 Feb 2026

Oxyzo Financial Services Limited (erstwhile Oxyzo Financial Services Private Limited): Provisional [ICRA]AA+(SO) assigned to Series A1 issued by Ferrero 02 2026, backed by a pool of secured small business loan receivables

Oxyzo Financial Services Limited (erstwhile Oxyzo Financial Services Private Limited): Provisional [ICRA]AA+(SO) assigned to Series A1 issued by Ferrero 02 2026, backed by a pool of secured small business loan receivables

07 Nov 2025

Oxyzo Financial Services Limited (erstwhile Oxyzo Financial Services Private Limited): Rating confirmed as final for PTCs backed by unsecured business loan receivables issued by Subra 07 2025

Oxyzo Financial Services Limited (erstwhile Oxyzo Financial Services Private Limited): Rating confirmed as final for PTCs backed by unsecured business loan receivables issued by Subra 07 2025

29 Sep 2025

Oxyzo Financial Services Limited (erstwhile Oxyzo Financial Services Private Limited): [ICRA]A+ (Stable) assigned to NCD programme; ratings reaffirmed

Oxyzo Financial Services Limited (erstwhile Oxyzo Financial Services Private Limited): [ICRA]A+ (Stable) assigned to NCD programme; ratings reaffirmed

16 Jul 2025

Oxyzo Financial Services Limited (erstwhile Oxyzo Financial Services Private Limited): Provisional [ICRA]AA(SO) assigned to Series A1 PTCs issued by Subra 07 2025, backed by a pool of unsecured business loan receivables issued by Subra 07 2025

Oxyzo Financial Services Limited (erstwhile Oxyzo Financial Services Private Limited): Provisional [ICRA]AA(SO) assigned to Series A1 PTCs issued by Subra 07 2025, backed by a pool of unsecured business loan receivables issued by Subra 07 2025

14 Jul 2025

Oxyzo Financial Services Limited (erstwhile Oxyzo Financial Services Private Limited): Rating confirmed as final for PTCs receivables issued by Hershey 03 2025, backed by secured business loan

Oxyzo Financial Services Limited (erstwhile Oxyzo Financial Services Private Limited): Rating confirmed as final for PTCs receivables issued by Hershey 03 2025, backed by secured business loan

11 Jul 2025

Oxyzo Financial Services Limited (erstwhile Oxyzo Financial Services Private Limited): Rating confirmed as final for PTCs backed by unsecured business loan receivables issued by Lindt 03 2025

Oxyzo Financial Services Limited (erstwhile Oxyzo Financial Services Private Limited): Rating confirmed as final for PTCs backed by unsecured business loan receivables issued by Lindt 03 2025

08 Apr 2025

Oxyzo Financial Services Limited (erstwhile Oxyzo Financial Services Private Limited): Provisional [ICRA]AA+(SO) assigned to Series A1 PTCs issued by Hershey 03 2025, backed by a pool of secured business loans

Oxyzo Financial Services Limited (erstwhile Oxyzo Financial Services Private Limited): Provisional [ICRA]AA+(SO) assigned to Series A1 PTCs issued by Hershey 03 2025, backed by a pool of secured business loans

28 Mar 2025

Oxyzo Financial Services Limited (erstwhile Oxyzo Financial Services Private Limited): Rating assigned

Oxyzo Financial Services Limited (erstwhile Oxyzo Financial Services Private Limited): Rating assigned

28 Mar 2025

Oxyzo Financial Services Limited (erstwhile Oxyzo Financial Services Private Limited): Provisional [ICRA]AA(SO) assigned to Series A1 PTCs issued by Lindt 03 2025, backed by a pool of unsecured business loans

Oxyzo Financial Services Limited (erstwhile Oxyzo Financial Services Private Limited): Provisional [ICRA]AA(SO) assigned to Series A1 PTCs issued by Lindt 03 2025, backed by a pool of unsecured business loans

27 Mar 2025

Oxyzo Financial Services Limited (erstwhile Oxyzo Financial Services Private Limited): Ratings reaffirmed; rated amount enhanced

Oxyzo Financial Services Limited (erstwhile Oxyzo Financial Services Private Limited): Ratings reaffirmed; rated amount enhanced