I
A / Stable Secured NCD

Indel Money Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2028

Current YTM
11.43%
Market YTM
Coupon Rate
10.50%
Per annum
Maturity Date
23 Jan 2028
1.4 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
11.43%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+548 bps
vs 1.4Y G-Sec at 5.95%
Top 19% of similar-tenor peers by spread
Tenure
1.4 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-07 2026-08-27
Cashflow Timeline
23 Sep 2026
Interest Payment
₹875.00 / Bond
23 Oct 2026
Interest Payment
₹875.00 / Bond
23 Nov 2026
Interest Payment
₹875.00 / Bond
23 Dec 2026
Interest Payment
₹875.00 / Bond
23 Jan 2027
Interest Payment
₹875.00 / Bond
23 Feb 2027
Interest Payment
₹875.00 / Bond
23 Mar 2027
Interest Payment
₹875.00 / Bond
23 Apr 2027
Interest Payment
₹875.00 / Bond
23 Jan 2028
Principal Payment
₹100,000.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-07-09 Issued 2026-01-23 Matures 2028-01-23

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

Key Metrics
Coupon Rate
10.50%
YTM (Annual)
11.43%
Credit Rating
A
(INFOMERICS)
Remaining Tenure
1.4 Years
Advanced metrics
Modified Duration
1.29 Yrs
Macaulay Duration
1.31 Yrs
Issue Size
₹100 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.29 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-08-27
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 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2026-01-23
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

IML-10.50%-23-1-28-PVT is a secured, rated, redeemable ncd issued by Indel Money Limited. The bond offers a fixed coupon of 10.50% p.a. with monthly interest payments and repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-09 CRISIL Other View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 99.4000 11.4300 2
2026-08-26 100.0217 11.7069 None
2026-08-25 100.0217 11.7069 None
2026-08-13 99.7800 11.2000 1
2026-08-12 102.5100 9.0000 1
2026-08-11 99.9700 11.0500 2
2026-08-10 100.2600 10.8100 2
2026-07-15 99.1383 11.6899 None
2026-07-13 98.9200 11.8700 3
2026-07-07 98.9300 11.8500 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INFOMERICS 2026-01-31
Rating Actions History 1 2026-07-09
Secondary-Market Trades 10 BSE 2026-08-27
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 Indel Money 10.50% Jan 2028 NCD?

Indel Money 10.50% Jan 2028 NCD carries a coupon of 10.50%, paid monthly, on a face value of ₹100,000.

When does Indel Money 10.50% Jan 2028 NCD mature?

Indel Money 10.50% Jan 2028 NCD matures on 2028-01-23, 1.4 years from today.

What is Indel Money 10.50% Jan 2028 NCD rated?

Indel Money 10.50% Jan 2028 NCD is rated A by INFOMERICS. As of 2026-01-31.

Is Indel Money 10.50% Jan 2028 NCD secured?

Indel Money 10.50% Jan 2028 NCD is a secured bond.

Where does Indel Money 10.50% Jan 2028 NCD trade?

Indel Money 10.50% Jan 2028 NCD is listed on BSE.

What yield does Indel Money 10.50% Jan 2028 NCD currently offer?

The last recorded trade on 2026-08-27 priced Indel Money 10.50% Jan 2028 NCD at ₹99.40, implying a yield to maturity of 11.43%.

More Bonds from This Issuer
I
Indel Money 11.00% Oct 2026 NCD
BBB
Coupon
11.00%
Maturity
07 Oct 2026
S
Indel Money ZC Oct 2026 NCD
A-
Coupon
Maturity
31 Oct 2026
9
Indel Money 9.00% Oct 2026 NCD
A-
Coupon
9.00%
Maturity
31 Oct 2026
I
Indel Money 11.00% Nov 2026 NCD
BBB
Coupon
11.00%
Maturity
11 Nov 2026
Compare (/) Compare Bonds

← Back to screener