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
13.21%
Market YTM
Coupon Rate
11.00%
Per annum
Maturity Date
04 Jun 2028
1.8 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹5,000,000
Per Bond
Market Position
YTM (Annual)
13.21%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+796 bps
vs 1.8Y G-Sec at 5.25%
Top 6% of similar-tenor peers by spread
Tenure
1.8 Years
Remaining to maturity
Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.
Cashflow Timeline
4 Sep 2026
Interest Payment
₹45,833.33 / Bond
4 Oct 2026
Interest Payment
₹45,833.33 / Bond
4 Nov 2026
Interest Payment
₹45,833.33 / Bond
4 Dec 2026
Interest Payment
₹45,833.33 / Bond
4 Jan 2027
Interest Payment
₹45,833.33 / Bond
4 Feb 2027
Interest Payment
₹45,833.33 / Bond
4 Mar 2027
Interest Payment
₹45,833.33 / Bond
4 Apr 2027
Interest Payment
₹45,833.33 / Bond
4 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 2026-06-04 Matures 2028-06-04
Key Metrics
Coupon Rate
11.00%
YTM (Annual)
13.21%
Credit Rating
BBB+
(INDIA_RATINGS)
Remaining Tenure
1.8 Years
Advanced metrics
Modified Duration
1.58 Yrs
Macaulay Duration
1.60 Yrs
Issue Size
₹10 Cr
Minimum Investment
₹5,000,000
(1 Bond)
Market Characteristics
Modified Duration
1.58 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-08-27
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
2026-06-04
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 TRANCHE 1 DATE OF MATURITY 04/06/2028 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
2026-08-27 98.4400 13.2100 2
2026-07-01 98.9900 12.7800 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2026-06-10
Rating Actions History 0
Secondary-Market Trades 2 BSE 2026-08-27
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 2028-06-04, 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 2026-08-27 priced Vikran Engineering 11.00% Jun 2028 NCD at ₹98.44, implying a yield to maturity of 13.21%.

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
08 Jun 2028
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