Nirma 8.50% Apr 2027 NCD (INE091A07208)

India Ratings AA · NSDL record, 2024 Secured NCD

Nirma Limited

Secured, Taxable, Redeemable NCD

Browse: bonds maturing in 2027

Current YTM

—

No market YTM available

Coupon Rate

8.50%

Per annum

Maturity Date

07 Apr 2027

0.4 Yrs to Maturity

Interest Payment

Annual

Frequency

Face Value

₹1,00,000

Per Bond

Market Position

YTM (Annual)

—

No trade with a usable price on record

10Y G-Sec Benchmark

7.19%

Reference point, not this bond's tenor

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.

Showing last 10 trades.

Cashflow Timeline

22 Feb 2027

Interest Payment

₹8,500.00 / Bond

₹7,650.00 net of 10% TDS (est.)

7 Apr 2027

Final coupon (part period) + principal

₹1,01,024.66 / Bond

₹1,024.66 coupon + ₹1,00,000 face value

2 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 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

Key Metrics

Coupon Rate

8.50%

YTM (Annual)

—

Credit Rating

Rating on NSDL record (India Ratings, 2024)

Not a current agency rating; see below

Remaining Tenure

0.4 Years

AA (India Ratings): Rating on NSDL record (India Ratings, 2024), dated 9 Feb 2024. 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 No current rating from an agency or exchange is on file, so it may be out of date.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

0.38 Yrs

Macaulay Duration

0.41 Yrs

Issue Size

₹1,200 Cr

Face Value

₹1,00,000

Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration

0.38 Yrs

Price sensitivity per 1% yield move

Payment Frequency

Annual

Last Trade

—

No recorded trades

Trades (30 Days)

Exchange-reported sessions

Security Status

Secured

Callable

Observations

This bond is secured.
No secondary-market trades recorded in the last 30 days.
Coupon is 1.70 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

Issuer

Nirma Limited

Instrument Type

NCD

Issue Date

22 Feb 2024

Day Count Convention

ACT/ACT

Listed Exchange

—

Call / Put Option

Callable & Puttable

Nirma 8.50% Apr 2027 NCD is a secured NCD issued by Nirma Limited. It pays an 8.50% p.a. coupon, annually. Principal is repaid at maturity. The issuer holds the right to redeem it before the maturity date.

Rating Action History

2 actions

Agency actions on Nirma Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

Date	Agency	Action	Rating	Outlook	Rationale
2026-09-03	CRISIL	Reaffirm	—	Watch Developing	View →
2026-06-24	CRISIL	Reaffirm	—	Watch Developing	View →

Issuer health card · ratings, payment record, defaults, trading, filings 2 items to look at →

Rating Actions on Nirma Limited

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

Date	Agency	Action	Rating	Rationale
2026-09-03	CRISIL	Reaffirm	— / Watch Developing	View →
2026-06-24	CRISIL	Reaffirm	— / Watch Developing	View →

Alert me about Nirma 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.

Data Coverage

Dataset	Records	Detail	Freshness
Credit Ratings	1	India Ratings (NSDL record)	2024-02-09
Rating Actions History	2	—	2026-09-03
Secondary-Market Trades	0	—	—
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.
No secondary-market trade with a usable price on record, so no market yield or spread is shown.

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.

Frequently Asked Questions

What is the coupon rate on Nirma 8.50% Apr 2027 NCD?

Nirma 8.50% Apr 2027 NCD carries a coupon of 8.50%, paid annual, on a face value of ₹1,00,000.

When does Nirma 8.50% Apr 2027 NCD mature?

Nirma 8.50% Apr 2027 NCD matures on 7 Apr 2027, 0.4 years from today.

What is Nirma 8.50% Apr 2027 NCD rated?

No current rating from an agency or exchange is on file for Nirma 8.50% Apr 2027 NCD. NSDL's debt master records a rating of AA by India Ratings, dated 9 Feb 2024, often from the time of issue, so it may be out of date.

Is Nirma 8.50% Apr 2027 NCD secured?

Nirma 8.50% Apr 2027 NCD is a secured bond.

Can Nirma 8.50% Apr 2027 NCD be called or put back early?

Nirma 8.50% Apr 2027 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

Comparable NCDs maturing near 2027

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 8.50%. For comparison only, not a recommendation.

Bond	Issuer	Rating	Coupon	Maturity
INE831R08068	Aditya Birla Housing Finance Limited	AAA	8.50%	2027-06-01
INE338I07180	Motilal Oswal Financial Services Limited	AA	8.50%	2027-08-06
INE05TX07090	Trust Capital Services (India) Private Limited	AA+ NSDL record, 2024	8.50%	2027-03-22
INE121A07SG2	Cholamandalam Investment and Finance Company Limited	AA+ NSDL record, 2024	8.50%	2027-07-25
INE414G07JN3	Muthoot Finance Limited	AA+ NSDL record, 2025	8.52%	2028-04-07
INE01QP08016	Aditya Birla Renewables Limited	AA	8.60%	2027-09-24

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