India Shelter Finance Corporation Limited announced that CARE Ratings Limited has re-affirmed the ‘CARE AAA (SO)’ rating for its Series A1 PTC facility, amounting to ₹87.46 crore. This rating action, effective October 27, 2026, signifies the highest level of credit quality and safety for the Pass-Through Certificates backed by home loan receivables. The company views this reaffirmation as a testament to its robust financial health and the quality of its asset portfolio.
Credit Rating Reaffirmed
India Shelter Finance Corporation Limited has received a significant endorsement of its creditworthiness. CARE Ratings Limited has re-affirmed the highest rating of ‘CARE AAA (SO)’ on the company’s Series A1 Pass-Through Certificates (PTCs). The total amount covered under these PTCs is ₹87.46 crore, with an outstanding amount of ₹65.27 crore as of September 2026 payout. This rating reflects the strong credit quality and safety associated with these PTCs, which are backed by a pool of home loan receivables originated by India Shelter Finance Corporation Limited.
Positive Outlook for Investors
The reaffirmation of this top-tier rating by CARE Ratings Limited is a crucial indicator for investors, signaling a low risk of default and a high degree of assurance regarding timely payment of principal and interest. The rating applies to the PTCs issued under the ‘Sadan 10 2024’ program. This positive credit assessment is expected to further enhance investor confidence in India Shelter Finance Corporation Limited’s securitization program and its overall financial stability.
Source: BSE
