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Muthoot Mercantile 10.75% May 2027 NCD

BBB Secured NCD

Muthoot Mercantile Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: BBB rated bonds · bonds maturing in 2027

Current YTM
No live YTM available
Coupon Rate
10.75%
Per annum
Maturity Date
27 May 2027
0.7 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual) EST
~10.75%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+493 bps
vs 0.7Y G-Sec at 5.82% *
Above the median spread for similar-tenor peers
Tenure
0.7 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
27 Sep 2026
Interest Payment
₹8.96 / Bond
27 Oct 2026
Interest Payment
₹8.96 / Bond
27 Nov 2026
Interest Payment
₹8.96 / Bond
27 Dec 2026
Interest Payment
₹8.96 / Bond
27 Jan 2027
Interest Payment
₹8.96 / Bond
27 Feb 2027
Interest Payment
₹8.96 / Bond
27 Mar 2027
Interest Payment
₹8.96 / Bond
27 Apr 2027
Interest Payment
₹8.96 / Bond
27 May 2027
Principal Payment
₹1,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹1,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: BBB by CRISIL on 2026-06-17 Issued 2024-05-27 Matures 2027-05-27

1 rating action on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
10.75%
YTM (Annual)
Credit Rating
BBB
(INDIA_RATINGS)
Remaining Tenure
0.7 Years
Advanced metrics
Modified Duration
0.71 Yrs
Macaulay Duration
0.72 Yrs
Issue Size
₹12 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
0.71 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 0.75 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
2024-05-27
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Muthoot Mercantile Limited issued this secured, rated, ncd (10.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES VII DATE OF MATURITY 27/05/2027) carrying a 10.75% p.a. coupon, paid monthly. It repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-06-17 CRISIL Initial BBB Stable View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2024-04-19
Rating Actions History 1 2026-06-17
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
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 Muthoot Mercantile 10.75% May 2027 NCD?

Muthoot Mercantile 10.75% May 2027 NCD carries a coupon of 10.75%, paid monthly, on a face value of ₹1,000.

When does Muthoot Mercantile 10.75% May 2027 NCD mature?

Muthoot Mercantile 10.75% May 2027 NCD matures on 2027-05-27, 0.7 years from today.

What is Muthoot Mercantile 10.75% May 2027 NCD rated?

Muthoot Mercantile 10.75% May 2027 NCD is rated BBB by INDIA_RATINGS. As of 2024-04-19.

Is Muthoot Mercantile 10.75% May 2027 NCD secured?

Muthoot Mercantile 10.75% May 2027 NCD is a secured bond.

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