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SBM Bank (India) 9.75% Apr 2032 NCD (INE07PX08019)

ICRA A+ · NSDL record, 2022 Unsecured NCD

SBM Bank (India) Limited

Unsecured, Taxable, Redeemable NCD

Browse: bonds maturing in 2032

1 more bond from SBM Bank (India) Limited →
Current YTM
8.75%
Market YTM
Coupon Rate
9.75%
Per annum
Maturity Date
05 Apr 2032
5.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,00,000
Per Bond

Market Position

YTM (Annual)
8.75%
Last traded 5 Nov 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+152 bps
vs 5.4Y G-Sec at 7.22%
Above the median spread for similar-tenor peers
Tenure
5.4 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
10 Sep 20265 Nov 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

5 Apr 2027
Interest Payment
₹9,75,000.00 / Bond
₹8,77,500.00 net of 10% TDS (est.)
5 Apr 2028
Interest Payment
₹9,75,000.00 / Bond
₹8,77,500.00 net of 10% TDS (est.)
5 Apr 2029
Interest Payment
₹9,75,000.00 / Bond
₹8,77,500.00 net of 10% TDS (est.)
5 Apr 2030
Interest Payment
₹9,75,000.00 / Bond
₹8,77,500.00 net of 10% TDS (est.)
5 Apr 2031
Interest Payment
₹9,75,000.00 / Bond
₹8,77,500.00 net of 10% TDS (est.)
5 Apr 2032
Final coupon + principal
₹1,09,75,000.00 / Bond
₹9,75,000.00 coupon + ₹1,00,00,000 face value

6 coupons remaining, the last paid with principal at maturity · per ₹1,00,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 5 Apr 2022 Matures 5 Apr 2032

Key Metrics

Coupon Rate
9.75%
YTM (Annual)
8.75%
Credit Rating
A+
Rating on NSDL record (ICRA, 2022)
Not a current agency rating; see below
Remaining Tenure
5.4 Years

A+ (ICRA): Rating on NSDL record (ICRA, 2022), dated 16 Mar 2022. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics
Modified Duration
3.91 Yrs
Macaulay Duration
4.25 Yrs
Issue Size
₹150 Cr
Face Value
₹1,00,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
3.91 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
5 Nov 2026
NSE OTC (WAP)
Trades (30 Days)
4
Exchange-reported sessions
Security Status
Unsecured
Callable

Observations

  • This bond is unsecured.
  • 4 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.45 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
5 Apr 2022
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
Callable

SBM Bank (India) Limited issued SBM Bank (India) 9.75% Apr 2032 NCD, an unsecured NCD. It pays a 9.75% p.a. coupon, annually. Principal is repaid at maturity. The issuer holds the right to redeem it before the maturity date.

Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →
Alert me about SBM Bank (India) Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Recent Market Prices

Recent BSE trades for INE07PX08019: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-11-05 100.0000 8.7463 —
2026-10-28 99.6659 10.0000 —
2026-10-23 101.1400 6.8323 —
2026-10-21 100.1000 9.2613 1
2026-10-06 99.8800 9.5400 2
2026-10-05 100.0000 9.5122 —
2026-09-24 100.4883 8.5656 1
2026-09-23 100.0300 9.4800 2
2026-09-21 100.0000 9.3277 1
2026-09-10 100.1000 9.2941 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA (NSDL record) 2022-03-16
Rating Actions History 0 — —
Secondary-Market Trades 10 NSE OTC (WAP) 2026-11-05
Reg52(4) Payment Disclosures 0 — —
  • No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.

Documents

Entity metadata
Source
NSDL debt master
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.

Current Price (Clean)
₹1,00,00,000.00
YTM8.75%
Trade Date 5 Nov 2026 3d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹5,82,328.77
Dirty price (est.)₹1,05,82,328.77
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE07PX08019
Issue Date
5 Apr 2022
Maturity Date
5 Apr 2032
Listing
—
Payment Frequency
Annual
Put / Call Option
Call
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on SBM Bank (India) 9.75% Apr 2032 NCD?

SBM Bank (India) 9.75% Apr 2032 NCD carries a coupon of 9.75%, paid annual, on a face value of ₹1,00,00,000.

When does SBM Bank (India) 9.75% Apr 2032 NCD mature?

SBM Bank (India) 9.75% Apr 2032 NCD matures on 5 Apr 2032, 5.4 years from today.

What is SBM Bank (India) 9.75% Apr 2032 NCD rated?

No current rating from an agency or exchange is on file for SBM Bank (India) 9.75% Apr 2032 NCD. NSDL's debt master records a rating of A+ by ICRA, dated 16 Mar 2022, often from the time of issue, so it may be out of date.

Is SBM Bank (India) 9.75% Apr 2032 NCD secured?

SBM Bank (India) 9.75% Apr 2032 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can SBM Bank (India) 9.75% Apr 2032 NCD be called or put back early?

SBM Bank (India) 9.75% Apr 2032 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

What yield does SBM Bank (India) 9.75% Apr 2032 NCD currently offer?

The last recorded trade on 5 Nov 2026 priced SBM Bank (India) 9.75% Apr 2032 NCD at ₹1,00,00,000.00 per bond, implying a yield to maturity of 8.75%.

More Bonds from This Issuer

S
SBM Bank (India) 9.88% Jan 2033 NCD
INE07PX08027
A+ NSDL record, 2023
Coupon
9.88%
Maturity
24 Jan 2033
Compare (/) Compare Bonds

Comparable NCDs maturing near 2032

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 9.75%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE540P07434U.P. Power Corporation LimitedA+9.70%2032-03-22
INE658F08458Kerala Infrastructure Investment Fund BoardAA9.67%2031-08-08
INE0M2307107Andhra Pradesh State Beverages Corporation LimitedAA+9.62%2032-05-31
INE0M2307099Andhra Pradesh State Beverages Corporation LimitedAA+9.62%2031-05-30
INE0M2307206Andhra Pradesh State Beverages Corporation LimitedAA+ NSDL record, 20229.62%2032-11-29
INE918K08035Nuvama Wealth Finance LimitedAA9.60%2032-12-24

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