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Entity-Specific Rating Rationales

25 Jul 2025

Share Microfin Limited: Rating reaffirmed for PTCs backed by microfinance loan receivables securitisation transaction

Share Microfin Limited: Rating reaffirmed for PTCs backed by microfinance loan receivables securitisation transaction

16 Jul 2025

Share Microfin Limited: Rating withdrawn

Share Microfin Limited: Rating withdrawn

27 May 2025

Share Microfin Limited: Rating withdrawn for Series A1(a) PTCs and upgraded for Series A1(b) PTCs backed by microfinance loan receivables securitisation transaction

Share Microfin Limited: Rating withdrawn for Series A1(a) PTCs and upgraded for Series A1(b) PTCs backed by microfinance loan receivables securitisation transaction

20 May 2025

Share Microfin Limited: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Grip X Coral Jan 2025

Share Microfin Limited: Rating confirmed as final for PTCs backed by microfinance loan receivables issued by Grip X Coral Jan 2025

04 Mar 2025

Share Microfin Limited: Rating downgraded to [ICRA]BB+ (Negative)

Share Microfin Limited: Rating downgraded to [ICRA]BB+ (Negative)

05 Feb 2025

Share Microfin Limited: Provisional [ICRA]A(SO) assigned to Series A1 PTCs backed by microfinance loan receivables issued by GRIP X CORAL JAN 2025

Share Microfin Limited: Provisional [ICRA]A(SO) assigned to Series A1 PTCs backed by microfinance loan receivables issued by GRIP X CORAL JAN 2025

20 Jan 2025

Share Microfin Limited: Rating confirmed as final for PTCs backed by micro enterprise loan receivables issued by Sensei 09 2024

Share Microfin Limited: Rating confirmed as final for PTCs backed by micro enterprise loan receivables issued by Sensei 09 2024

30 Dec 2024

Share Microfin Limited: Rating upgraded for PTCs backed by microfinance loan receivables securitisation transaction

Share Microfin Limited: Rating upgraded for PTCs backed by microfinance loan receivables securitisation transaction

07 Oct 2024

Share Microfin Limited: Provisional [ICRA]A(SO) assigned to Series A1 PTCs backed by microfinance loan receivables issued by Sensei 09 2024

Share Microfin Limited: Provisional [ICRA]A(SO) assigned to Series A1 PTCs backed by microfinance loan receivables issued by Sensei 09 2024

16 Jul 2024

Share Microfin Limited: Rating confirmed as final for PTCs backed by pool of microfinance loan receivables issued by Coral May 2024

Share Microfin Limited: Rating confirmed as final for PTCs backed by pool of microfinance loan receivables issued by Coral May 2024


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Entity-Specific Credit Perspective Reports

01 Apr 2025

Share Microfin Limited

Share Microfin Limited (SF)

18 Oct 2024

Share Microfin Limited

Share Microfin Limited (SF)

08 Jul 2024

Share Microfin Limited

Share Microfin Limited (SF)

25 Jun 2024

Share Microfin Limited

Share Microfin Limited (Non-SF)

10 Jun 2024

Share Microfin Limited

Share Microfin Limited (SF)

27 Feb 2024

Share Microfin Limited

Share Microfin Limited (SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Series A1 PTCs -- -- [ICRA]A(SO) --
Fund Based – Term Loan -- -- Withdrawn --
Series A1(a) PTC -- -- Withdrawn --
Series A1(b) PTC -- -- [ICRA]AA+(SO) --
Series A1 PTCs -- -- [ICRA]A(SO) --
Series A1 PTC -- -- [ICRA]A(SO) --
Series A1(a) PTC -- -- [ICRA]A+(SO) --
Series A1(b) PTC -- -- [ICRA]A(SO) --
Term Loan -- -- Withdrawn --
Long Term - Bonds/NCD/LTD -- -- Withdrawn --

Our Analysts

Analyst 1

Samratsingh Hazari

Analyst 2

Anubhav Agrawal

Sector Head

Abhishek Dafria
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