A
Secured NCD

Api Holdings Limited

Secured, Taxable, Redeemable NCD

Browse: bonds maturing in 2028

Current YTM
11.68%
Market YTM
Coupon Rate
11.10%
Per annum
Maturity Date
15 Sep 2028
2.1 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹875,000
Per Bond
Market Position
YTM (Annual)
11.68%
Live, last traded 2026-07-23
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+696 bps
vs 2.1Y G-Sec at 4.72%
Top 9% of similar-tenor peers by spread
Tenure
2.1 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-10 2026-07-23
Cashflow Timeline
15 Sep 2026
Interest Payment
₹24,281.25 / Bond
15 Dec 2026
Interest Payment
₹24,281.25 / Bond
15 Mar 2027
Interest Payment
₹24,281.25 / Bond
15 Jun 2027
Interest Payment
₹24,281.25 / Bond
15 Sep 2027
Interest Payment
₹24,281.25 / Bond
15 Dec 2027
Interest Payment
₹24,281.25 / Bond
15 Mar 2028
Interest Payment
₹24,281.25 / Bond
15 Jun 2028
Interest Payment
₹24,281.25 / Bond
15 Sep 2028
Principal Payment
₹875,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹875,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Reaffirmed: BB by CRISIL on 2026-07-13 Issued 2025-09-15 Matures 2028-09-15

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

Key Metrics
Coupon Rate
11.10%
YTM (Annual)
11.68%
Credit Rating
Remaining Tenure
2.1 Years
Advanced metrics
Modified Duration
1.76 Yrs
Macaulay Duration
1.81 Yrs
Issue Size
₹1,200 Cr
Minimum Investment
₹875,000
(1 Bond)
Market Characteristics
Modified Duration
1.76 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-07-23
BSE
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • No public credit rating is available for this bond.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 1.10 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
2025-09-15
Day Count Convention
30/360
Listed Exchange
UNLISTED
Call / Put Option
None disclosed

Issued by Api Holdings Limited, 11.10% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE LETTER OF ALLOTMENT SERIES 1 DATE OF MATURITY 15/09/2028 is a secured, ncd paying a 11.10% p.a. coupon quarterly. The instrument repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-13 CRISIL Reaffirm BB Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-23 99.8100 11.6800 2
2026-07-21 100.0000 11.5700 1
2026-07-10 100.0000 11.5700 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 0
Rating Actions History 1 2026-07-13
Secondary-Market Trades 3 BSE 2026-07-23
Reg52(4) Payment Disclosures 0
  • No public credit rating on file for this bond.
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 Api Holdings 11.10% Sep 2028 NCD?

Api Holdings 11.10% Sep 2028 NCD carries a coupon of 11.10%, paid quarterly, on a face value of ₹875,000.

When does Api Holdings 11.10% Sep 2028 NCD mature?

Api Holdings 11.10% Sep 2028 NCD matures on 2028-09-15, 2.1 years from today.

Is Api Holdings 11.10% Sep 2028 NCD secured?

Api Holdings 11.10% Sep 2028 NCD is a secured bond.

Where does Api Holdings 11.10% Sep 2028 NCD trade?

Api Holdings 11.10% Sep 2028 NCD is listed on UNLISTED.

What yield does Api Holdings 11.10% Sep 2028 NCD currently offer?

The last recorded trade on 2026-07-23 priced Api Holdings 11.10% Sep 2028 NCD at ₹99.81, implying a yield to maturity of 11.68%.

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