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
12.00%
Market YTM
Coupon Rate
11.00%
Per annum
Maturity Date
29 Apr 2028
1.7 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹5,000,000
Per Bond
Market Position
YTM (Annual)
12.00%
Live, last traded 2026-08-19
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+657 bps
vs 1.7Y G-Sec at 5.43%
Top 12% of similar-tenor peers by spread
Tenure
1.7 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-08 2026-08-19
Cashflow Timeline
29 Aug 2026
Interest Payment
₹45,833.33 / Bond
29 Sep 2026
Interest Payment
₹45,833.33 / Bond
29 Oct 2026
Interest Payment
₹45,833.33 / Bond
29 Nov 2026
Interest Payment
₹45,833.33 / Bond
29 Dec 2026
Interest Payment
₹45,833.33 / Bond
29 Jan 2027
Interest Payment
₹45,833.33 / Bond
28 Feb 2027
Interest Payment
₹45,833.33 / Bond
29 Mar 2027
Interest Payment
₹45,833.33 / Bond
29 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 2026-04-29 Matures 2028-04-29
Key Metrics
Coupon Rate
11.00%
YTM (Annual)
12.00%
Credit Rating
A-
(INDIA_RATINGS)
Remaining Tenure
1.7 Years
Advanced metrics
Modified Duration
1.51 Yrs
Macaulay Duration
1.53 Yrs
Issue Size
₹30 Cr
Minimum Investment
₹5,000,000
(1 Bond)
Market Characteristics
Modified Duration
1.51 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-08-19
BSE
Trades (30 Days)
6
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 6 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.00 percentage points above the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2026-04-29
Day Count Convention
30/360
Listed Exchange
UNLISTED
Call / Put Option
None disclosed

11% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE TRANCHE 2 DATE OF MATURITY 29/04/2028 is a secured, rated, redeemable ncd issued by Vikran Engineering Limited. The bond offers a fixed coupon of 11.00% p.a. with monthly interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-19 100.1500 12.0000 1
2026-08-18 99.3400 12.5900 2
2026-08-14 99.1200 12.7500 2
2026-08-06 102.2000 10.5700 1
2026-08-03 103.6500 9.6000 1
2026-07-29 99.2300 12.6700 5
2026-07-21 99.0600 12.7700 2
2026-07-16 99.0800 12.7500 2
2026-07-09 100.8900 11.5000 1
2026-07-08 100.1600 11.7500 3
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2026-04-07
Rating Actions History 0
Secondary-Market Trades 10 BSE 2026-08-19
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 2028-04-29, 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 2026-08-19 priced Vikran Engineering 11.00% Apr 2028 NCD at ₹100.15, implying a yield to maturity of 12.00%.

More Bonds from This Issuer
1
Vikran Engineering 11.00% Apr 2028 NCD
A-
Coupon
11.00%
Maturity
24 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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