V

Vikran Engineering 11.00% Jun 2028 NCD

BBB+ Secured NCD

Vikran Engineering Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: BBB rated bonds · bonds maturing in 2028

Current YTM
12.76%
Market YTM
Coupon Rate
11.00%
Per annum
Maturity Date
08 Jun 2028
1.8 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹5,000,000
Per Bond
Market Position
YTM (Annual)
12.76%
Live, last traded 2026-08-11
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+751 bps
vs 1.8Y G-Sec at 5.25%
Top 8% of similar-tenor peers by spread
Tenure
1.8 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-29 2026-08-11
Cashflow Timeline
8 Sep 2026
Interest Payment
₹45,833.33 / Bond
8 Oct 2026
Interest Payment
₹45,833.33 / Bond
8 Nov 2026
Interest Payment
₹45,833.33 / Bond
8 Dec 2026
Interest Payment
₹45,833.33 / Bond
8 Jan 2027
Interest Payment
₹45,833.33 / Bond
8 Feb 2027
Interest Payment
₹45,833.33 / Bond
8 Mar 2027
Interest Payment
₹45,833.33 / Bond
8 Apr 2027
Interest Payment
₹45,833.33 / Bond
8 Jun 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 2026-06-08 Matures 2028-06-08
Key Metrics
Coupon Rate
11.00%
YTM (Annual)
12.76%
Credit Rating
BBB+
(INDIA_RATINGS)
Remaining Tenure
1.8 Years
Advanced metrics
Modified Duration
1.59 Yrs
Macaulay Duration
1.61 Yrs
Issue Size
₹20 Cr
Minimum Investment
₹5,000,000
(1 Bond)
Market Characteristics
Modified Duration
1.59 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-08-11
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 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2026-06-08
Day Count Convention
30/360
Listed Exchange
UNLISTED
Call / Put Option
None disclosed

Vikran Engineering Limited issued this secured, rated, ncd (11% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY TRANCHE II 08/06/2028) carrying a 11.00% p.a. coupon, paid monthly. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-11 99.8400 12.7600 3
2026-07-07 100.1700 12.0000 1
2026-07-06 100.1700 12.0000 1
2026-07-03 100.1700 12.0000 1
2026-07-01 100.2000 11.9900 2
2026-06-30 98.6300 13.0000 3
2026-06-29 97.8700 13.5000 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2026-06-10
Rating Actions History 0
Secondary-Market Trades 7 BSE 2026-08-11
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% Jun 2028 NCD?

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

When does Vikran Engineering 11.00% Jun 2028 NCD mature?

Vikran Engineering 11.00% Jun 2028 NCD matures on 2028-06-08, 1.8 years from today.

What is Vikran Engineering 11.00% Jun 2028 NCD rated?

Vikran Engineering 11.00% Jun 2028 NCD is rated BBB+ by INDIA_RATINGS. As of 2026-06-10.

Is Vikran Engineering 11.00% Jun 2028 NCD secured?

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

Where does Vikran Engineering 11.00% Jun 2028 NCD trade?

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

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

The last recorded trade on 2026-08-11 priced Vikran Engineering 11.00% Jun 2028 NCD at ₹99.84, implying a yield to maturity of 12.76%.

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% 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
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