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Watermarke Estates 17.50% Sep 2028 NCD

BBB+ Secured NCD

Watermarke Estates Private Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: BBB rated bonds · bonds maturing in 2028

Current YTM
No live YTM available
Coupon Rate
17.50%
Per annum
Maturity Date
30 Sep 2028
2.1 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual) EST
~17.50%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+1278 bps
vs 2.1Y G-Sec at 4.72% *
Top 1% of similar-tenor peers by spread
Tenure
2.1 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
21 Sep 2026
Interest Payment
₹1,458.33 / Bond
21 Oct 2026
Interest Payment
₹1,458.33 / Bond
21 Nov 2026
Interest Payment
₹1,458.33 / Bond
21 Dec 2026
Interest Payment
₹1,458.33 / Bond
21 Jan 2027
Interest Payment
₹1,458.33 / Bond
21 Feb 2027
Interest Payment
₹1,458.33 / Bond
21 Mar 2027
Interest Payment
₹1,458.33 / Bond
21 Apr 2027
Interest Payment
₹1,458.33 / Bond
30 Sep 2028
Principal Payment
₹100,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2023-12-21 Matures 2028-09-30
Key Metrics
Coupon Rate
17.50%
YTM (Annual)
Credit Rating
BBB+
(ICRA)
Remaining Tenure
2.1 Years
Advanced metrics
Modified Duration
1.74 Yrs
Macaulay Duration
1.76 Yrs
Issue Size
₹325 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.74 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
Callable
Observations
  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 7.50 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
2023-12-21
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

Watermarke Estates Private Limited issued this secured, rated, ncd (17.50% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 30/09/2028.) carrying a 17.50% p.a. coupon, paid monthly. It repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2023-08-29
Rating Actions History 0
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 Watermarke Estates 17.50% Sep 2028 NCD?

Watermarke Estates 17.50% Sep 2028 NCD carries a coupon of 17.50%, paid monthly, on a face value of ₹100,000.

When does Watermarke Estates 17.50% Sep 2028 NCD mature?

Watermarke Estates 17.50% Sep 2028 NCD matures on 2028-09-30, 2.1 years from today.

What is Watermarke Estates 17.50% Sep 2028 NCD rated?

Watermarke Estates 17.50% Sep 2028 NCD is rated BBB+ by ICRA. As of 2023-08-29.

Is Watermarke Estates 17.50% Sep 2028 NCD secured?

Watermarke Estates 17.50% Sep 2028 NCD is a secured bond.

Can Watermarke Estates 17.50% Sep 2028 NCD be called or put back early?

Watermarke Estates 17.50% Sep 2028 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

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