Attractive and Regular Returns

11.8% Target IRR: Net expected returns are 150-200 basis points higher than a similar rated corporate bond

Monthly Payouts: The payout of interest will be on a monthly basis, while the principal repayment will begin from 7th month onwards

Diversified Pool with a Proven Repayment Track Record

Diversified Pool: Pool has 4,600+ borrowers with a weighted average CIBIL score of 760+, and spread across 21 states and 321 cities

Proven Repayment Track Record: The pool has seen ~4 months of on-time repayment and no default till now, depicting the high quality of the underlying pool

Institutional Co-Investor

Institutional Co-Investor: Godrej Capital, a subsidiary of Godrej Group, is the co-investor in this opportunity, with an investment of INR 50 Cr. It is among the most prolific investors in India’s securitization market, and focused on building a long-term, sustainable retail financial services business in India, anchored by Godrej Group’s 125+year legacy of trust and excellence. In FY24, it secured nearly INR 2,000 Cr in additional capital.

High Security Cover

Security Cover: The opportunity has a weighted average security cover of 1.34x of the investment amount

Default Coverage: Even if the pool defaults up to 27%, the available security cover is sufficient to protect investor’s expected IRR

Originator’s Scale

Originator’s Scale: KrazyBee is a large-scale NBFC, rated CRISIL A-, with an AUM of INR 4,000 Cr+. It has provided credit to more than 90 lacs borrowers with disbursements of INR 35,000 Cr+