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Entity-Specific Rating Rationales

12 May 2025

Vivriti Capital Limited: Provisional ratings assigned to PTCs backed by unsecured personal loan receivables (originated under co-lending partnerships) issued by Hazel 04 2025

Vivriti Capital Limited: Provisional ratings assigned to PTCs backed by unsecured personal loan receivables (originated under co-lending partnerships) issued by Hazel 04 2025

19 Dec 2024

Vivriti Capital Limited: Ratings reaffirmed/assigned

Vivriti Capital Limited: Ratings reaffirmed/assigned

12 Dec 2024

Vivriti Capital Limited: Ratings reaffirmed/assigned

Vivriti Capital Limited: Ratings reaffirmed/assigned

12 Jul 2024

Vivriti Capital Limited: Update on Entity

Vivriti Capital Limited: Update on Entity

04 Jun 2024

Vivriti Capital Limited: Ratings upgraded

Vivriti Capital Limited: Ratings upgraded

14 May 2024

Vivriti Capital Limited: Ratings withdrawn for matured NCDs and MLDs

Vivriti Capital Limited: Ratings withdrawn for matured NCDs and MLDs

17 Nov 2023

Vivriti Capital Limited: Ratings withdrawn for instruments backed by microfinance loan receivables securitisation transactions originated by multiple originators and arranged by Vivriti Capital Limited

Vivriti Capital Limited: Ratings withdrawn for instruments backed by microfinance loan receivables securitisation transactions originated by multiple originators and arranged by Vivriti Capital Limited

16 Oct 2023

Vivriti Capital Limited: Rating reaffirmed for PTCs issued under multi-originator microloan securitisation transaction arranged by Vivriti Capital Limited

Vivriti Capital Limited: Rating reaffirmed for PTCs issued under multi-originator microloan securitisation transaction arranged by Vivriti Capital Limited

09 Jun 2023

Vivriti Capital Private Limited: Ratings reaffirmed/assigned

Vivriti Capital Private Limited: Ratings reaffirmed/assigned

27 Apr 2023

Vivriti Capital Private Limited: Rating withdrawn for MLDs

Vivriti Capital Private Limited: Rating withdrawn for MLDs


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Entity-Specific Credit Perspective Reports

19 May 2025

Vivriti Capital Limited

Vivriti Capital Limited (SF)

02 Jul 2024

Vivriti Capital Limited

Vivriti Capital Limited (Non-SF)

12 Jul 2023

Vivriti Capital Limited

Vivriti Capital Limited (Non-SF)

26 Sep 2022

Vivriti Capital Limited

Vivriti Capital Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Series A1 PTC -- -- Provisional [ICRA]AA-(SO) --
Series A2 PTC -- -- Provisional [ICRA]A(SO) --
Non-Convertible Debentures -- -- [ICRA]A+(Stable) --
Fund-based Bank Facilities -- -- [ICRA]A+(Stable) --
Non-Convertible Debenture Programme (Public Issuance) -- -- [ICRA]A+(Stable) --
Market Linked Debentures (MLD) -- -- [ICRA]A+ (Stable)PP-MLD --
PTC Series A1 -- -- Withdrawn --
PTC Series A2 -- -- Withdrawn --
Market Linked Non-Convertible Debenture -- -- Withdrawn --
Non-Convertible Debentures -- -- * --

Our Analysts

Analyst 1

Anubha Rustagi

Analyst 2

Sumit Pramanik

Sector Head

Manushree Sagar
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