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Shivalik Small Finance Bank 10.85% Apr 2032 NCD (INE0E3P08144)

India Ratings A- / Stable Unsecured NCD

Shivalik Small Finance Bank Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2032

8 more bonds from Shivalik Small Finance Bank Limited →
Current YTM
11.15%
Market YTM
Coupon Rate
10.85%
Per annum
Maturity Date
24 Apr 2032
5.5 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹1,00,000
Per Bond

Market Position

YTM (Annual)
11.15%
Last traded 6 Nov 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+392 bps
vs 5.5Y G-Sec at 7.23%
Top 15% of similar-tenor peers by spread
Tenure
5.5 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
21 Oct 20266 Nov 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

24 Nov 2026
Interest Payment
₹904.17 / Bond
₹813.75 net of 10% TDS (est.)
24 Dec 2026
Interest Payment
₹904.17 / Bond
₹813.75 net of 10% TDS (est.)
24 Jan 2027
Interest Payment
₹904.17 / Bond
₹813.75 net of 10% TDS (est.)
24 Feb 2027
Interest Payment
₹904.17 / Bond
₹813.75 net of 10% TDS (est.)
24 Mar 2027
Interest Payment
₹904.17 / Bond
₹813.75 net of 10% TDS (est.)
24 Apr 2027
Interest Payment
₹904.17 / Bond
₹813.75 net of 10% TDS (est.)
24 May 2027
Interest Payment
₹904.17 / Bond
₹813.75 net of 10% TDS (est.)
24 Jun 2027
Interest Payment
₹904.17 / Bond
₹813.75 net of 10% TDS (est.)
…
+57 more coupons until 24 Mar 2032
₹904.17 each / Bond
24 Apr 2032
Final coupon + principal
₹1,00,904.17 / Bond
₹904.17 coupon + ₹1,00,000 face value

66 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
Today Issued 24 Sep 2026 Matures 24 Apr 2032

Key Metrics

Coupon Rate
10.85%
YTM (Annual)
11.15%
Credit Rating
A-
(India Ratings) · rated 30 Sep 2026, 39 days ago
Remaining Tenure
5.5 Years
Advanced metrics
Modified Duration
4.07 Yrs
Macaulay Duration
4.11 Yrs
Issue Size
₹50 Cr
Minimum Investment
₹1,00,000
1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
4.07 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
6 Nov 2026
BSE
Trades (30 Days)
18
Exchange-reported sessions
Security Status
Unsecured
No call option

Observations

  • This bond is unsecured.
  • 18 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.65 percentage points above the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 8 Nov 2026
Instrument Type
NCD
Issue Date
24 Sep 2026
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Shivalik Small Finance Bank Limited issued Shivalik Small Finance Bank 10.85% Apr 2032 NCD, an unsecured, rated NCD. It pays a 10.85% p.a. coupon, monthly. Principal is repaid at maturity.

Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →
Alert me about Shivalik Small Finance Bank 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 INE0E3P08144: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-11-06 100.9100 11.1500 1
2026-11-04 100.9200 11.1500 1
2026-11-03 100.9200 11.1500 1
2026-11-02 100.9200 11.1500 1
2026-10-30 100.9200 11.1500 1
2026-10-29 100.9200 11.1500 1
2026-10-28 100.7900 11.1900 1
2026-10-27 100.9200 11.1500 1
2026-10-23 100.9200 11.1500 2
2026-10-21 100.5400 11.2500 2

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 India Ratings 2026-09-30
Rating Actions History 0 — —
Secondary-Market Trades 10 BSE 2026-11-06
Reg52(4) Payment Disclosures 0 — —

Documents

Entity metadata
Source
NSDL debt master
Last Updated
8 Nov 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)
₹1,00,910.00
YTM11.15%
Trade Date 6 Nov 2026 2d ago
SourceBSE
Accrued interest (est.) · record date unclear₹466.67
Dirty price (est.)₹1,01,376.67
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE0E3P08144
Issue Date
24 Sep 2026
Maturity Date
24 Apr 2032
Listing
BSE
Payment Frequency
Monthly
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on Shivalik Small Finance Bank 10.85% Apr 2032 NCD?

Shivalik Small Finance Bank 10.85% Apr 2032 NCD carries a coupon of 10.85%, paid monthly, on a face value of ₹1,00,000.

When does Shivalik Small Finance Bank 10.85% Apr 2032 NCD mature?

Shivalik Small Finance Bank 10.85% Apr 2032 NCD matures on 24 Apr 2032, 5.5 years from today.

What is Shivalik Small Finance Bank 10.85% Apr 2032 NCD rated?

Shivalik Small Finance Bank 10.85% Apr 2032 NCD is rated A- by India Ratings (rating dated 30 Sep 2026).

Is Shivalik Small Finance Bank 10.85% Apr 2032 NCD secured?

Shivalik Small Finance Bank 10.85% Apr 2032 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Shivalik Small Finance Bank 10.85% Apr 2032 NCD trade?

Shivalik Small Finance Bank 10.85% Apr 2032 NCD is listed on BSE.

What yield does Shivalik Small Finance Bank 10.85% Apr 2032 NCD currently offer?

The last recorded trade on 6 Nov 2026 priced Shivalik Small Finance Bank 10.85% Apr 2032 NCD at ₹1,00,910.00 per bond, implying a yield to maturity of 11.15%.

More Bonds from This Issuer

S
Shivalik Small Finance Bank 8.25% Aug 2028 NCD
INE0E3P08060
Coupon
8.25%
Maturity
17 Aug 2028
S
Shivalik Small Finance Bank 8.25% Oct 2028 NCD
INE0E3P08078
Coupon
8.25%
Maturity
28 Oct 2028
S
Shivalik Small Finance Bank 8.50% Jan 2029 NCD
INE0E3P08086
Coupon
8.50%
Maturity
25 Jan 2029
S
Shivalik Small Finance Bank 8.75% Mar 2029 NCD
INE0E3P08094
Coupon
8.75%
Maturity
26 Mar 2029
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 10.85%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE735W08053Utkarsh Small Finance Bank LimitedA+ NSDL record, 202411.00%2031-06-28
INE01ZK08703Hedge Finance LimitedBB+11.00%2032-03-23
INE818W08131ESAF Small Finance Bank LimitedA-11.10%2031-07-17
INE760I07086Meghalaya Energy Corporation LimitedA-10.55%2033-04-03
INE612U08066Electronica Finance LimitedA11.25%2031-07-16
INE612U08074Electronica Finance LimitedA11.25%2032-01-22

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