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Arman Financial Services 11.35% Dec 2027 NCD (INE109C07121)

Acuité A- Secured NCD

Arman Financial Services Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2027

4 more bonds from Arman Financial Services Limited →
Current YTM
10.55%
Market YTM
Coupon Rate
11.35%
Per annum
Maturity Date
05 Dec 2027
1.1 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹10,000
Per Bond

Market Position

YTM (Annual)
10.55%
Last traded 29 Oct 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+363 bps
vs 1.1Y G-Sec at 6.92%
Above the median spread for similar-tenor peers
Tenure
1.1 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
6 Jul 202629 Oct 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

4 Dec 2026
Interest Payment
₹283.75 / Bond
₹255.38 net of 10% TDS (est.)
4 Mar 2027
Interest Payment
₹283.75 / Bond
₹255.38 net of 10% TDS (est.)
4 Jun 2027
Interest Payment
₹283.75 / Bond
₹255.38 net of 10% TDS (est.)
4 Sep 2027
Interest Payment
₹283.75 / Bond
₹255.38 net of 10% TDS (est.)
4 Dec 2027
Interest Payment
₹283.75 / Bond
₹255.38 net of 10% TDS (est.)
5 Dec 2027
Final coupon (part period) + principal
₹10,003.12 / Bond
₹3.12 coupon + ₹10,000 face value

6 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) ● Rating action ┊ Today
Today Reaffirmed: A- by Acuité on 30 Sep 2026 Issued 4 Dec 2025 Matures 5 Dec 2027

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

Key Metrics

Coupon Rate
11.35%
YTM (Annual)
10.55%
Credit Rating
A-
(Acuité) · rated 30 Sep 2026, 39 days ago
Remaining Tenure
1.1 Years
Advanced metrics
Modified Duration
0.98 Yrs
Macaulay Duration
1.00 Yrs
Issue Size
₹75 Cr
Minimum Investment
₹10,000
1 bond × ₹10,000 face value (BSE market lot)

Market Characteristics

Modified Duration
0.98 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
29 Oct 2026
BSE
Trades (30 Days)
3
Exchange-reported sessions
Security Status
Secured
No call option

Observations

  • This bond is secured.
  • 3 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.15 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
4 Dec 2025
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Arman Financial Services Limited issued Arman Financial Services 11.35% Dec 2027 NCD, a secured, rated NCD. It pays an 11.35% p.a. coupon, quarterly. Principal is repaid at maturity.

Rating Timeline

2 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

DateAgencyRatingOutlookStatusSource
30 Sep 2026 Acuité A- — Latest NSE filing →
31 Dec 2025 Acuité A- Negative Superseded BSE listing

Rating Action History

2 actions

Agency actions on Arman Financial Services Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

DateAgencyActionRatingOutlookRationale
2026-10-22 CARE Reaffirm A- Stable NSE filing →
2026-09-30
This bond
Acuité Reaffirm A- Positive NSE filing →
Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →

Rating Actions on Arman Financial Services Limited

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

DateAgencyActionRatingRationale
2026-10-22 CARE Reaffirm A- / Stable NSE filing →
2026-09-30 Acuité Reaffirm This bond A- / Positive NSE filing →
Alert me about Arman Financial Services 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 INE109C07121: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-10-29 101.2200 10.5500 1
2026-10-26 101.2300 10.5500 1
2026-10-14 100.0000 11.8300 1
2026-09-29 100.8000 11.0500 1
2026-08-24 101.4200 10.5500 1
2026-07-29 101.4800 10.5500 1
2026-07-16 101.5200 10.5500 1
2026-07-09 101.5900 10.5500 1
2026-07-07 100.9400 11.0500 1
2026-07-06 101.5500 10.5500 1

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 2 Acuité 2026-09-30
Rating Actions History 2 — 2026-10-22
Secondary-Market Trades 10 BSE 2026-10-29
Reg52(4) Payment Disclosures 0 — —

Documents

Entity metadata
Source
BSE
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)
₹10,122.00
YTM10.55%
Trade Date 29 Oct 2026 10d ago
SourceBSE
Accrued interest (est.)₹202.68
Dirty price (est.)₹10,324.68
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE109C07121
Issue Date
4 Dec 2025
Maturity Date
5 Dec 2027
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 Arman Financial Services 11.35% Dec 2027 NCD?

Arman Financial Services 11.35% Dec 2027 NCD carries a coupon of 11.35%, paid quarterly, on a face value of ₹10,000.

When does Arman Financial Services 11.35% Dec 2027 NCD mature?

Arman Financial Services 11.35% Dec 2027 NCD matures on 5 Dec 2027, 1.1 years from today.

What is Arman Financial Services 11.35% Dec 2027 NCD rated?

Arman Financial Services 11.35% Dec 2027 NCD is rated A- by Acuité (rating dated 30 Sep 2026).

Is Arman Financial Services 11.35% Dec 2027 NCD secured?

Arman Financial Services 11.35% Dec 2027 NCD is a secured bond.

Where does Arman Financial Services 11.35% Dec 2027 NCD trade?

Arman Financial Services 11.35% Dec 2027 NCD is listed on BSE.

What yield does Arman Financial Services 11.35% Dec 2027 NCD currently offer?

The last recorded trade on 29 Oct 2026 priced Arman Financial Services 11.35% Dec 2027 NCD at ₹10,122.00 per bond, implying a yield to maturity of 10.55%.

More Bonds from This Issuer

A
Arman Financial Services 11.40% Jun 2028 NCD
INE109C07105
A-
Coupon
11.40%
Maturity
05 Jun 2028
A
Arman Financial Services 11.35% Jul 2028 NCD
INE109C07139
A-
Coupon
11.35%
Maturity
29 Jul 2028
A
Arman Financial Services 10.90% Sep 2028 NCD
INE109C07147
A-
Coupon
10.90%
Maturity
25 Sep 2028
A
Arman Financial Services 11.10% Jul 2030 NCD
INE109C07113
A-
Coupon
11.10%
Maturity
01 Jul 2030
Compare (/) Compare Bonds

Comparable NCDs maturing near 2027

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 11.35%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE734I07115Finkurve Financial Services LimitedBBB+11.33%2028-06-16
INE734I07107Finkurve Financial Services LimitedBBB+11.33%2028-08-13
INE939X07200Manba Finance LimitedA-11.30%2027-06-05
INE0RU307288Ambium Finserve Limited—11.30%2028-10-12
INE0NES07287Keertana Finserv LimitedBBB+11.40%2027-10-24
INE916Y07107Akme Fintrade (India) Limited—11.40%2028-09-10

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