Company Profile: Stable Money (SEBI-Registered OBPP)
After covering almost all of the prominent OBPP players in India’s fixed income industry, from Grip Invest, Wint Wealth, to Aspero, today we are digging into the company profile of an emerging player in India’s growing bond industry- Stable Money.
Founded less than 3 years ago by two IIT-Bombay alumni, Stable Money is a SEBI-registered OBPP whose key focus had previously only been high-yield FDs, but now its bonds as well, through its separate OBPP platform ‘Stable Bonds’. Let us bring to you Stable Money’s corporate structure, business model, features, and what we like and dislike about the platform.
Corporate Structure
Founded in 2022, Stable Money is a SEBI-registered OBPP which is also registered with BSE and NSE. Its OBPP platform ‘Stable Bonds’ is registered as Stable Broking Pvt Ltd, as per MCA data.
As per MCA data (as on 21st April 2025), Stable Money has two directors: Harish Reddy and Saurabh Jain.
Stable Money’s Business Model
Just like most SEBI-registered OBPPs in India, the business model of Stable Money revolves around being a distributor of bonds and earning a spread i.e. they buy at a lower price and sell at a higher price.
Stable Money’s OBPP platform (https://stablebonds.in/) focuses on these key offerings:
Govt Bonds
Corporate Bonds
T-Bills
Can Defaults Happen?
While its true that debt instruments in nature are less riskier than equity investments, but this highly depends on which kind of bond you have purchased. Now, with so many options available in the fixed income market, such as NCD, MLD, Unlisted Corporate Debt, Govt Bond, etc, it can get very confusing on which option works best for you. But one thing which is always very helpful to know is the rating of the bond.
What we like about Stable Money
SEBI-regulated: Stable Money’s OBPP platform is SEBI regulated, and is also registered with BSE and NSE. This ensures that the chances of fraud or mis-selling through the platform are low.
Skin in the game-Not only are Stable Money’s bond deals hand-picked after a rigorous selection process, but even those selected deals get an investment by the OBPP platform’s experts themselves (including its co-founders). This develops an added layer of trust amongst the platform’s customers regarding whatever bond deal they are investing in.
Zero defaults till date: In its nearly 2.5 years since launch, all bonds on Stable Money’s OBPP platform have had a 100% no-default record. So, zero default till date in its repayments is a good sign, which shows that the platform’s risk assessment and due diligence process has so far been strong.
Only listed bonds being offered: Stable Money does not offer any unlisted bond on its platform. All bonds on its OBPP platform are listed on the stock exchanges.
A very simple and clean UI: Stable Money;s OBPP platform has a simple and clean user interface (UI) which is easy to navigate and displays all the relevant information to investors (Check the screenshot below). It’s fair to say that this is no less than a tough nut to crack for most OBPP platforms.
What we don’t like about Stable Money
Lack of diversity in asset options-While it's true that Stable Money has been offering a decent range of bonds, the OBPP does not have diverse types of fixed income options available for investors to choose from, such as SDIs, MLDs, etc. This gives retail investors lesser scope to choose from what could have otherwise have been a diverse set of fixed income investment options.
Returns on their bond investment opportunities are a bit on the lower side- In my opinion, giving only about 11%-12% returns might not be enough for some aggressive investors who are looking for higher returns of 14%-15%.
Conclusion
As a relatively new player in India's bond industry, Stable Money has made significant strides in establishing itself as an emerging SEBI-registered OBPP. With a focus on good quality bonds, the company has built a strong reputation for its rigorous selection process and zero-default record. The platform's user-friendly interface and commitment to offering only listed bonds further enhance its appeal to investors. However, there is room for improvement in diversifying asset options and potentially increasing returns to attract more aggressive investors. Overall, Stable Money’s OBPP platform (Stable Bonds) presents a promising option for those seeking to diversify beyond FDs and get into bonds.
But with many relatively bigger OBPP players such as Grip Invest, Wint Wealth, Aspero, etc, it remains to be seen how Stable Money cements its place and carves its own niche in this growing OBPP industry of India.
Also, if you want to check our detailed blogs on the reviews of various other alternative investment platforms, click here!
Please note that this is an opinion blog and not an official research or investment advice This blog aims to help retail investors make an informed decision in the debt market, and neither encourages nor discourages you from investing in any particular bond, platform or any other asset class.
Thank you for your time. Hope this article turned out to be a good read for you. If yes, we would love it if you could join our Whatsapp community by clicking below!
If you have any questions or feedback regarding this article, please mention in the comments below.
