I
A- Secured NCD

Indel Money Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2028

Current YTM
11.14%
Market YTM
Coupon Rate
9.75%
Per annum
Maturity Date
30 Mar 2028
1.6 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹10,000
Per Bond
Market Position
YTM (Annual)
11.14%
Live, last traded 2026-08-26
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+554 bps
vs 1.6Y G-Sec at 5.61%
Top 21% of similar-tenor peers by spread
Tenure
1.6 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-13 2026-08-26
Cashflow Timeline
20 Sep 2026
Interest Payment
₹81.25 / Bond
20 Oct 2026
Interest Payment
₹81.25 / Bond
20 Nov 2026
Interest Payment
₹81.25 / Bond
20 Dec 2026
Interest Payment
₹81.25 / Bond
20 Jan 2027
Interest Payment
₹81.25 / Bond
20 Feb 2027
Interest Payment
₹81.25 / Bond
20 Mar 2027
Interest Payment
₹81.25 / Bond
20 Apr 2027
Interest Payment
₹81.25 / Bond
30 Mar 2028
Principal Payment
₹10,000.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-07-09 Issued 2026-05-20 Matures 2028-03-30

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

Key Metrics
Coupon Rate
9.75%
YTM (Annual)
11.14%
Credit Rating
A-
(INDIA_RATINGS)
Remaining Tenure
1.6 Years
Advanced metrics
Modified Duration
1.46 Yrs
Macaulay Duration
1.48 Yrs
Issue Size
₹150 Cr
Minimum Investment
₹10,000
(1 Bond)
Market Characteristics
Modified Duration
1.46 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-08-26
NSE OTC (WAP)
Trades (30 Days)
22
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 22 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.25 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2026-05-20
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Indel Money Limited, 9.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 30/03/2028 is a secured, rated, ncd paying a 9.75% p.a. coupon monthly. The instrument repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-09 CRISIL Other View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-26 98.5305 11.1434 None
2026-08-25 98.5305 11.1434 18
2026-08-24 98.2500 11.5100 12
2026-08-21 99.3900 10.6500 7
2026-08-20 98.6300 11.2200 9
2026-08-19 98.1900 11.5500 3
2026-08-18 97.7900 11.8500 11
2026-08-17 99.4600 10.5900 11
2026-08-14 98.0600 11.6300 14
2026-08-13 98.0300 11.6500 12
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2026-05-15
Rating Actions History 1 2026-07-09
Secondary-Market Trades 10 NSE OTC (WAP) 2026-08-26
Reg52(4) Payment Disclosures 0
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 Indel Money 9.75% Mar 2028 NCD?

Indel Money 9.75% Mar 2028 NCD carries a coupon of 9.75%, paid monthly, on a face value of ₹10,000.

When does Indel Money 9.75% Mar 2028 NCD mature?

Indel Money 9.75% Mar 2028 NCD matures on 2028-03-30, 1.6 years from today.

What is Indel Money 9.75% Mar 2028 NCD rated?

Indel Money 9.75% Mar 2028 NCD is rated A- by INDIA_RATINGS. As of 2026-05-15.

Is Indel Money 9.75% Mar 2028 NCD secured?

Indel Money 9.75% Mar 2028 NCD is a secured bond.

What yield does Indel Money 9.75% Mar 2028 NCD currently offer?

The last recorded trade on 2026-08-26 priced Indel Money 9.75% Mar 2028 NCD at ₹98.53, implying a yield to maturity of 11.14%.

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