L

Laxmi India Finance 10.50% Feb 2029 NCD

A Secured NCD

Laxmi India Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2029

Current YTM
11.56%
Market YTM
Coupon Rate
10.50%
Per annum
Maturity Date
24 Feb 2029
2.5 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹10,000
Per Bond
Market Position
YTM (Annual)
11.56%
Live, last traded 2026-08-25
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+525 bps
vs 2.5Y G-Sec at 6.31%
Top 20% of similar-tenor peers by spread
Tenure
2.5 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-07 2026-08-25
Cashflow Timeline
24 Sep 2026
Interest Payment
₹87.50 / Bond
24 Oct 2026
Interest Payment
₹87.50 / Bond
24 Nov 2026
Interest Payment
₹87.50 / Bond
24 Dec 2026
Interest Payment
₹87.50 / Bond
24 Jan 2027
Interest Payment
₹87.50 / Bond
24 Feb 2027
Interest Payment
₹87.50 / Bond
24 Mar 2027
Interest Payment
₹87.50 / Bond
24 Apr 2027
Interest Payment
₹87.50 / Bond
24 Feb 2029
Principal Payment
₹10,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹10,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2026-02-24 Matures 2029-02-24
Key Metrics
Coupon Rate
10.50%
YTM (Annual)
11.56%
Credit Rating
A
(ACUITE)
Remaining Tenure
2.5 Years
Advanced metrics
Modified Duration
2.17 Yrs
Macaulay Duration
2.19 Yrs
Issue Size
₹50 Cr
Minimum Investment
₹10,000
(1 Bond)
Market Characteristics
Modified Duration
2.17 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-08-25
BSE
Trades (30 Days)
7
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 7 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.50 percentage points above the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2026-02-24
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

LIFL-10.50%-24-02-29-PVT is a secured, rated, redeemable ncd issued by Laxmi India Finance Limited. The bond offers a fixed coupon of 10.50% p.a. with monthly interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-25 99.3800 11.5600 2
2026-08-21 99.7300 11.2500 1
2026-08-13 100.0200 11.0000 1
2026-08-10 99.3700 11.5600 1
2026-08-06 100.0100 11.0000 1
2026-08-03 99.8200 11.1800 2
2026-07-28 100.2200 10.8100 1
2026-07-07 100.1900 10.8500 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ACUITE 2026-02-28
Rating Actions History 0
Secondary-Market Trades 8 BSE 2026-08-25
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 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 Laxmi India Finance 10.50% Feb 2029 NCD?

Laxmi India Finance 10.50% Feb 2029 NCD carries a coupon of 10.50%, paid monthly, on a face value of ₹10,000.

When does Laxmi India Finance 10.50% Feb 2029 NCD mature?

Laxmi India Finance 10.50% Feb 2029 NCD matures on 2029-02-24, 2.5 years from today.

What is Laxmi India Finance 10.50% Feb 2029 NCD rated?

Laxmi India Finance 10.50% Feb 2029 NCD is rated A by ACUITE. As of 2026-02-28.

Is Laxmi India Finance 10.50% Feb 2029 NCD secured?

Laxmi India Finance 10.50% Feb 2029 NCD is a secured bond.

Where does Laxmi India Finance 10.50% Feb 2029 NCD trade?

Laxmi India Finance 10.50% Feb 2029 NCD is listed on BSE.

What yield does Laxmi India Finance 10.50% Feb 2029 NCD currently offer?

The last recorded trade on 2026-08-25 priced Laxmi India Finance 10.50% Feb 2029 NCD at ₹99.38, implying a yield to maturity of 11.56%.

More Bonds from This Issuer
1
Laxmi India Finance 11.49% Jun 2027 NCD
A-
Coupon
11.49%
Maturity
28 Jun 2027
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