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Muthoot Mercantile 9.50% Jan 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
9.50%
Per annum
Maturity Date
23 Jan 2027
0.4 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual) EST
~9.50%
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
+389 bps
vs 0.4Y G-Sec at 5.61% *
Above the median spread for similar-tenor peers
Tenure
0.4 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
19 Sep 2026
Interest Payment
₹7.92 / Bond
19 Oct 2026
Interest Payment
₹7.92 / Bond
19 Nov 2026
Interest Payment
₹7.92 / Bond
19 Dec 2026
Interest Payment
₹7.92 / Bond
19 Jan 2027
Interest Payment
₹7.92 / Bond
23 Jan 2027
Principal Payment
₹1,000.00 / Bond

Next 5 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 2025-12-19 Matures 2027-01-23

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

Key Metrics
Coupon Rate
9.50%
YTM (Annual)
Credit Rating
BBB
(INDIA_RATINGS)
Remaining Tenure
0.4 Years
Advanced metrics
Modified Duration
0.39 Yrs
Macaulay Duration
0.40 Yrs
Issue Size
₹30 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
0.39 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 0.50 percentage points below 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
2025-12-19
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

9.50% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES II DATE OF MATURITY 23/01/2027 is a secured, rated, redeemable ncd issued by Muthoot Mercantile Limited. The bond offers a fixed coupon of 9.50% p.a. with monthly interest payments and 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 2025-11-07
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 9.50% Jan 2027 NCD?

Muthoot Mercantile 9.50% Jan 2027 NCD carries a coupon of 9.50%, paid monthly, on a face value of ₹1,000.

When does Muthoot Mercantile 9.50% Jan 2027 NCD mature?

Muthoot Mercantile 9.50% Jan 2027 NCD matures on 2027-01-23, 0.4 years from today.

What is Muthoot Mercantile 9.50% Jan 2027 NCD rated?

Muthoot Mercantile 9.50% Jan 2027 NCD is rated BBB by INDIA_RATINGS. As of 2025-11-07.

Is Muthoot Mercantile 9.50% Jan 2027 NCD secured?

Muthoot Mercantile 9.50% Jan 2027 NCD is a secured bond.

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