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Sindhuja Microcredit 11.75% Jun 2028 NCD (INE0FWI07153)

India Ratings BBB / Stable Secured NCD

Sindhuja Microcredit Private Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: BBB rated bonds · bonds maturing in 2028

12 more bonds from Sindhuja Microcredit Private Limited →
Current YTM
12.64%
Market YTM
Coupon Rate
11.75%
Per annum
Maturity Date
26 Jun 2028
1.6 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹10,000
Per Bond

Market Position

YTM (Annual)
12.64%
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
+572 bps
vs 1.6Y G-Sec at 6.92%
Top 7% of similar-tenor peers by spread
Tenure
1.6 Years
Remaining to maturity

Price vs Yield

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

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

22 Dec 2026
Interest Payment
₹293.75 / Bond
₹264.38 net of 10% TDS (est.)
22 Mar 2027
Interest Payment
₹293.75 / Bond
₹264.38 net of 10% TDS (est.)
22 Jun 2027
Interest Payment
₹293.75 / Bond
₹264.38 net of 10% TDS (est.)
22 Sep 2027
Interest Payment
₹293.75 / Bond
₹264.38 net of 10% TDS (est.)
22 Dec 2027
Interest Payment
₹293.75 / Bond
₹264.38 net of 10% TDS (est.)
22 Mar 2028
Interest Payment
₹293.75 / Bond
₹264.38 net of 10% TDS (est.)
22 Jun 2028
Interest Payment
₹293.75 / Bond
₹264.38 net of 10% TDS (est.)
26 Jun 2028
Final coupon (part period) + principal
₹10,012.77 / Bond
₹12.77 coupon + ₹10,000 face value

8 coupons remaining, the last paid with principal at maturity · per ₹10,000 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 22 Sep 2026 Matures 26 Jun 2028

Key Metrics

Coupon Rate
11.75%
YTM (Annual)
12.64%
Credit Rating
BBB
(India Ratings) · rated 30 Sep 2026, 39 days ago
Remaining Tenure
1.6 Years
Advanced metrics
Modified Duration
1.44 Yrs
Macaulay Duration
1.48 Yrs
Issue Size
₹100 Cr
Minimum Investment
₹10,000
1 bond × ₹10,000 face value (BSE market lot)

Market Characteristics

Modified Duration
1.44 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
6 Nov 2026
BSE
Trades (30 Days)
14
Exchange-reported sessions
Security Status
Secured
No call option

Observations

  • This bond is secured.
  • 14 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.55 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 7 Nov 2026
Instrument Type
NCD
Issue Date
22 Sep 2026
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by Sindhuja Microcredit Private Limited, Sindhuja Microcredit 11.75% Jun 2028 NCD is a secured, rated NCD. It pays an 11.75% p.a. coupon, quarterly. Principal is repaid at maturity.

Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →
Alert me about Sindhuja Microcredit Private 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 INE0FWI07153: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-11-06 99.5200 12.6400 1
2026-11-05 99.5700 13.0000 2
2026-11-02 100.2500 12.0700 3
2026-10-29 99.5100 12.6500 1
2026-10-28 99.6961 12.3747 —
2026-10-27 98.9700 13.0800 3
2026-10-26 100.0100 12.2500 1
2026-10-23 99.5200 12.6400 1
2026-10-21 99.5100 12.6500 1
2026-10-19 100.0400 12.2300 1

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
7 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)
₹9,952.00
YTM12.64%
Trade Date 6 Nov 2026 2d ago
SourceBSE
Accrued interest (est.)₹142.03
Dirty price (est.)₹10,094.03
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE0FWI07153
Issue Date
22 Sep 2026
Maturity Date
26 Jun 2028
Listing
BSE
Payment Frequency
Quarterly
Put / Call Option
None disclosed
Security
Secured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on Sindhuja Microcredit 11.75% Jun 2028 NCD?

Sindhuja Microcredit 11.75% Jun 2028 NCD carries a coupon of 11.75%, paid quarterly, on a face value of ₹10,000.

When does Sindhuja Microcredit 11.75% Jun 2028 NCD mature?

Sindhuja Microcredit 11.75% Jun 2028 NCD matures on 26 Jun 2028, 1.6 years from today.

What is Sindhuja Microcredit 11.75% Jun 2028 NCD rated?

Sindhuja Microcredit 11.75% Jun 2028 NCD is rated BBB by India Ratings (rating dated 30 Sep 2026).

Is Sindhuja Microcredit 11.75% Jun 2028 NCD secured?

Sindhuja Microcredit 11.75% Jun 2028 NCD is a secured bond.

Where does Sindhuja Microcredit 11.75% Jun 2028 NCD trade?

Sindhuja Microcredit 11.75% Jun 2028 NCD is listed on BSE.

What yield does Sindhuja Microcredit 11.75% Jun 2028 NCD currently offer?

The last recorded trade on 6 Nov 2026 priced Sindhuja Microcredit 11.75% Jun 2028 NCD at ₹9,952.00 per bond, implying a yield to maturity of 12.64%.

More Bonds from This Issuer

S
Sindhuja Microcredit 12.94% Dec 2026 NCD
INE0FWI07062
Coupon
12.94%
Maturity
15 Dec 2026
S
Sindhuja Microcredit 12.00% Jan 2027 NCD
INE0FWI08011
Coupon
12.00%
Maturity
01 Jan 2027
S
Sindhuja Microcredit 12.00% Aug 2027 NCD
INE0FWI08029
Coupon
12.00%
Maturity
18 Aug 2027
S
Sindhuja Microcredit Oct 2027 NCD
INE0FWI07120
Coupon
—
Maturity
23 Oct 2027
Compare (/) Compare Bonds

Comparable NCDs maturing near 2028

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 11.75%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE01XO07066IFL Finance LimitedBBB NSDL record, 202611.75%2028-05-18
INE926R07050Unifinz Capital India LimitedBBB-11.75%2027-11-19
INE0NES07352Keertana Finserv LimitedA-11.70%2028-12-16
INE104W07245Kanakadurga Finance LimitedBBB11.60%2028-01-27
INE916Y07115Akme Fintrade (India) Limited—11.60%2029-03-10
INE0NES07303Keertana Finserv LimitedBBB+12.00%2028-05-10

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