V

Vikran Engineering 11.00% Apr 2028 NCD

A- Secured NCD

Vikran Engineering Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2028

Current YTM
13.50%
Market YTM
Coupon Rate
11.00%
Per annum
Maturity Date
24 Apr 2028
1.7 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹5,000,000
Per Bond
Market Position
YTM (Annual)
13.50%
Live, last traded 2026-08-12
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+807 bps
vs 1.7Y G-Sec at 5.43%
Top 7% of similar-tenor peers by spread
Tenure
1.7 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-30 2026-08-12
Cashflow Timeline
24 Sep 2026
Interest Payment
₹45,833.33 / Bond
24 Oct 2026
Interest Payment
₹45,833.33 / Bond
24 Nov 2026
Interest Payment
₹45,833.33 / Bond
24 Dec 2026
Interest Payment
₹45,833.33 / Bond
24 Jan 2027
Interest Payment
₹45,833.33 / Bond
24 Feb 2027
Interest Payment
₹45,833.33 / Bond
24 Mar 2027
Interest Payment
₹45,833.33 / Bond
24 Apr 2027
Interest Payment
₹45,833.33 / Bond
24 Apr 2028
Principal Payment
₹5,000,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹5,000,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2026-04-24 Matures 2028-04-24
Key Metrics
Coupon Rate
11.00%
YTM (Annual)
13.50%
Credit Rating
A-
(INDIA_RATINGS)
Remaining Tenure
1.7 Years
Advanced metrics
Modified Duration
1.50 Yrs
Macaulay Duration
1.51 Yrs
Issue Size
₹20 Cr
Minimum Investment
₹5,000,000
(1 Bond)
Market Characteristics
Modified Duration
1.50 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-08-12
BSE
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 1.00 percentage points above the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2026-04-24
Day Count Convention
30/360
Listed Exchange
UNLISTED
Call / Put Option
None disclosed

Issued by Vikran Engineering Limited, 11% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 24/04/2028 is a secured, rated, ncd paying a 11.00% p.a. coupon monthly. The instrument repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-12 98.1000 13.5000 2
2026-07-08 98.0000 13.5000 1
2026-07-07 99.0700 12.7500 1
2026-07-01 97.9900 13.5000 1
2026-06-30 100.2100 11.9700 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2026-04-07
Rating Actions History 0
Secondary-Market Trades 5 BSE 2026-08-12
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Frequently Asked Questions
What is the coupon rate on Vikran Engineering 11.00% Apr 2028 NCD?

Vikran Engineering 11.00% Apr 2028 NCD carries a coupon of 11.00%, paid monthly, on a face value of ₹5,000,000.

When does Vikran Engineering 11.00% Apr 2028 NCD mature?

Vikran Engineering 11.00% Apr 2028 NCD matures on 2028-04-24, 1.7 years from today.

What is Vikran Engineering 11.00% Apr 2028 NCD rated?

Vikran Engineering 11.00% Apr 2028 NCD is rated A- by INDIA_RATINGS. As of 2026-04-07.

Is Vikran Engineering 11.00% Apr 2028 NCD secured?

Vikran Engineering 11.00% Apr 2028 NCD is a secured bond.

Where does Vikran Engineering 11.00% Apr 2028 NCD trade?

Vikran Engineering 11.00% Apr 2028 NCD is listed on UNLISTED.

What yield does Vikran Engineering 11.00% Apr 2028 NCD currently offer?

The last recorded trade on 2026-08-12 priced Vikran Engineering 11.00% Apr 2028 NCD at ₹98.10, implying a yield to maturity of 13.50%.

More Bonds from This Issuer
1
Vikran Engineering 11.00% Apr 2028 NCD
A-
Coupon
11.00%
Maturity
29 Apr 2028
1
Vikran Engineering 11.00% Jun 2028 NCD
BBB+
Coupon
11.00%
Maturity
04 Jun 2028
1
Vikran Engineering 11.00% Jun 2028 NCD
BBB+
Coupon
11.00%
Maturity
08 Jun 2028
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