ICRA An Affiliate of Moody's

Entity-Specific Rating Rationales

04 Feb 2026

Vivriti Capital Limited: Provisional ratings assigned to PTCs backed by unsecured personal and MSME loan receivables (originated under co-lending partnership) issued by Flora 01 2026

23 Dec 2025

Vivriti Capital Limited: Ratings confirmed as final for PTCs backed by unsecured personal and MSME loan receivables (originated under co-lending partnerships) issued by Daffodil 09 2025

23 Dec 2025

Vivriti Capital Limited: Ratings confirmed as final for PTCs backed by unsecured MSME loan receivables (originated under co-lending partnerships) issued by Bluebell 08 2025

18 Dec 2025

Vivriti Capital Limited: Ratings reaffirmed

04 Nov 2025

Vivriti Capital Limited: Ratings confirmed as final for PTCs backed by unsecured personal loan receivables (originated under co-lending partnerships) issued by Nigel 07 2025

03 Oct 2025

Vivriti Capital Limited: Provisional ratings assigned to PTCs backed by unsecured personal and MSME loan receivables (originated under co-lending partnership) issued by Daffodil 09 2025

29 Sep 2025

Vivriti Capital Limited: Ratings confirmed as final for PTCs backed by a pool of unsecured personal loan receivables

23 Sep 2025

Vivriti Capital Limited: Ratings confirmed as final for PTCs backed by a pool of unsecured personal loan receivables

26 Aug 2025

Vivriti Capital Limited: Provisional ratings assigned to PTCs backed by unsecured MSME loan receivables (originated under co-lending partnership) issued by Bluebell 08 2025

11 Aug 2025

Vivriti Capital Limited: Ratings confirmed as final for PTCs backed by a pool of unsecured personal loan receivables

Entity-Specific Credit Perspective Reports

19 Feb 2026

Vivriti Capital Limited

Vivriti Capital Limited (SF)

21 Jan 2026

Vivriti Capital Limited

Vivriti Capital Limited (Non-SF)

07 Oct 2025

Vivriti Capital Limited

Vivriti Capital Limited (SF)

11 Sep 2025

Vivriti Capital Limited

Vivriti Capital Limited (SF)

05 Aug 2025

Vivriti Capital Limited

Vivriti Capital Limited (SF)

07 Jul 2025

Vivriti Capital Limited

Vivriti Capital Limited (SF)

03 Jul 2025

Vivriti Capital Limited

Vivriti Capital Limited (SF)

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)

Ratings

Description	Short Term	Medium Term	Long Term	Issuer
Series A1 PTC	--	--	Provisional [ICRA]AA (SO)	--
Series A2 PTC	--	--	Provisional [ICRA]A (SO)	--
Series A1 PTC	--	--	[ICRA]AA(SO)	--
Series A2 PTC	--	--	[ICRA]A(SO)	--
Series A1 PTC	--	--	[ICRA]AA(SO)	--
Series A2 PTC	--	--	[ICRA]A(SO)	--
Non-Convertible Debenture Programme (Public Issuance)	--	--	[ICRA]A+(Stable)	--
Non-Convertible Debentures	--	--	[ICRA]A+(Stable)	--
Series A1 PTCs	--	--	[ICRA]AA-(SO)	--
Series A2 PTCs	--	--	[ICRA]A(SO)	--

Our Analysts