S

Smile Electronics 11.00% Jul 2028 NCD

BBB+ Secured NCD

Smile Electronics Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: BBB rated bonds · bonds maturing in 2028

Current YTM
12.70%
Market YTM
Coupon Rate
11.00%
Per annum
Maturity Date
30 Jul 2028
1.9 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
12.70%
Live, last traded 2026-08-25
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+763 bps
vs 1.9Y G-Sec at 5.07%
Top 7% of similar-tenor peers by spread
Tenure
1.9 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-23 2026-08-25
Cashflow Timeline
30 Aug 2026
Interest Payment
₹916.67 / Bond
30 Sep 2026
Interest Payment
₹916.67 / Bond
30 Oct 2026
Interest Payment
₹916.67 / Bond
30 Nov 2026
Interest Payment
₹916.67 / Bond
30 Dec 2026
Interest Payment
₹916.67 / Bond
30 Jan 2027
Interest Payment
₹916.67 / Bond
28 Feb 2027
Interest Payment
₹916.67 / Bond
30 Mar 2027
Interest Payment
₹916.67 / Bond
30 Jul 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 Reaffirmed: A by CRISIL on 2026-08-04 Reaffirmed: BBB by CRISIL on 2026-06-30 Issued 2025-07-30 Matures 2028-07-30

2 rating actions on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
11.00%
YTM (Annual)
12.70%
Credit Rating
BBB+
(CRISIL)
Remaining Tenure
1.9 Years
Advanced metrics
Modified Duration
1.72 Yrs
Macaulay Duration
1.74 Yrs
Issue Size
₹30 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.72 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-08-25
BSE
Trades (30 Days)
4
Exchange-reported sessions
Security Status
Secured
Callable
Observations
  • This bond is secured.
  • 4 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.00 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
2025-07-30
Day Count Convention
30/360
Listed Exchange
UNLISTED
Call / Put Option
Callable & Puttable

Smile Electronics Limited issued this secured, rated, ncd (11% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 30/07/2028) carrying a 11.00% p.a. coupon, paid monthly. It repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Rating Action History 2 actions
DateAgencyActionRatingOutlookRationale
2026-08-04 CRISIL Reaffirm A Stable View →
2026-06-30 CRISIL Reaffirm BBB Negative View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-25 88.2500 12.7000 1
2026-08-24 88.2500 12.7000 1
2026-08-12 88.4300 12.3500 2
2026-08-06 88.2100 12.7000 1
2026-07-23 87.4000 14.0000 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2025-07-07
Rating Actions History 2 2026-08-04
Secondary-Market Trades 5 BSE 2026-08-25
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 2026

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Frequently Asked Questions
What is the coupon rate on Smile Electronics 11.00% Jul 2028 NCD?

Smile Electronics 11.00% Jul 2028 NCD carries a coupon of 11.00%, paid monthly, on a face value of ₹100,000.

When does Smile Electronics 11.00% Jul 2028 NCD mature?

Smile Electronics 11.00% Jul 2028 NCD matures on 2028-07-30, 1.9 years from today.

What is Smile Electronics 11.00% Jul 2028 NCD rated?

Smile Electronics 11.00% Jul 2028 NCD is rated BBB+ by CRISIL. As of 2025-07-07.

Is Smile Electronics 11.00% Jul 2028 NCD secured?

Smile Electronics 11.00% Jul 2028 NCD is a secured bond.

Can Smile Electronics 11.00% Jul 2028 NCD be called or put back early?

Smile Electronics 11.00% Jul 2028 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

Where does Smile Electronics 11.00% Jul 2028 NCD trade?

Smile Electronics 11.00% Jul 2028 NCD is listed on UNLISTED.

What yield does Smile Electronics 11.00% Jul 2028 NCD currently offer?

The last recorded trade on 2026-08-25 priced Smile Electronics 11.00% Jul 2028 NCD at ₹88.25, implying a yield to maturity of 12.70%.

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