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Entity-Specific Rating Rationales

30 Dec 2024

Lok Suvidha Finance Limited: Provisional [ICRA]BBB+(SO) assigned to Series A1 PTC backed by a pool of two-wheeler and e-rickshaw loan receivables issued by Noddy 2024

Lok Suvidha Finance Limited: Provisional [ICRA]BBB+(SO) assigned to Series A1 PTC backed by a pool of two-wheeler and e-rickshaw loan receivables issued by Noddy 2024

26 Dec 2024

Lok Suvidha Finance Limited: Rating reaffirmed

Lok Suvidha Finance Limited: Rating reaffirmed

08 Dec 2023

Lok Suvidha Finance Limited: Rating reaffirmed

Lok Suvidha Finance Limited: Rating reaffirmed

31 Mar 2023

Lok Suvidha Finance Limited: [ICRA]BBB- (Stable) assigned to NCDs and bank lines; rating reaffirmed

Lok Suvidha Finance Limited: [ICRA]BBB- (Stable) assigned to NCDs and bank lines; rating reaffirmed

21 Apr 2022

Lok Suvidha Finance Limited: [ICRA]BBB-(Stable) assigned

Lok Suvidha Finance Limited: [ICRA]BBB-(Stable) assigned

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Entity-Specific Credit Perspective Reports

06 Jan 2025

Lok Suvidha Finance Limited

Lok Suvidha Finance Limited (SF)

05 Jan 2024

Lok Suvidha Finance Limited

Lok Suvidha Finance Limited (Non-SF)

10 May 2023

Lok Suvidha Finance Limited

Lok Suvidha Finance Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Series A1 PTC -- -- Provisional [ICRA]BBB+ (SO) --
Fund Based Bank Lines -- -- [ICRA]BBB-(Stable) --
Non Convertible Debenture -- -- [ICRA]BBB-(Stable) --
Issuer rating -- -- [ICRA]BBB-(Stable) --

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Himanshi Doshi

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Abhishek Dafria
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