Arman Financial Services 10.90% Sep 2028 NCD (INE109C07147)
Arman Financial Services Limited
Secured, Rated, Taxable, Redeemable NCD
Browse: A rated bonds · bonds maturing in 2028
Market Position
Price vs Yield
Showing last 10 trades.
Cashflow Timeline
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
1 rating action on file since issue — hover a dot for detail.
Key Metrics
Advanced metrics
Market Characteristics
Observations
- This bond is secured.
- 2 secondary-market trades recorded in the last 30 days.
- Coupon is 0.70 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 2026Issued by Arman Financial Services Limited, Arman Financial Services 10.90% Sep 2028 NCD is a secured, rated NCD. It pays a 10.90% p.a. coupon, quarterly. Principal is repaid at maturity.
Rating Timeline
2 ratings on fileEvery 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.
| Date | Agency | Rating | Outlook | Status | Source |
|---|---|---|---|---|---|
| 30 Sep 2026 | Acuité | A- | — | Latest | NSE filing → |
| 31 Mar 2026 | Acuité | A- | — | Superseded | BSE listing |
Rating Action History
2 actionsAgency 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.
| Date | Agency | Action | Rating | Outlook | Rationale |
|---|---|---|---|---|---|
| 2026-10-22 | CARE | Reaffirm | A- | Stable | NSE filing → |
| 2026-09-30 This bond |
Acuité | Reaffirm | A- | Positive | NSE filing → |
Rating Actions on Arman Financial Services Limited
last 12 monthsAgencies 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.
| Date | Agency | Action | Rating | Rationale |
|---|---|---|---|---|
| 2026-10-22 | CARE | Reaffirm | A- / Stable | NSE filing → |
| 2026-09-30 | Acuité | Reaffirm This bond | A- / Positive | NSE filing → |
Recent Market Prices
| Trade Date | Clean Price | YTM (%) | Trades |
|---|---|---|---|
| 2026-11-06 | 99.5000 | 11.7000 | 1 |
| 2026-10-08 | 98.9900 | 12.0500 | 1 |
| 2026-10-01 | 99.9200 | 11.4000 | 1 |
| 2026-09-30 | 100.4500 | 11.0400 | 2 |
| 2026-09-29 | 99.9200 | 11.4000 | 1 |
| 2026-09-28 | 99.9200 | 11.4000 | 1 |
| 2026-09-25 | 100.0700 | 11.3000 | 1 |
| 2026-09-23 | 100.0700 | 11.3000 | 1 |
| 2026-09-22 | 99.9200 | 11.4000 | 1 |
| 2026-09-21 | 100.0300 | 11.3300 | 3 |
Data Coverage
| Dataset | Records | Detail | Freshness |
|---|---|---|---|
| Credit Ratings | 2 | Acuité | 2026-09-30 |
| Rating Actions History | 2 | — | 2026-10-22 |
| Secondary-Market Trades | 10 | BSE | 2026-11-06 |
| 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.
What is the coupon rate on Arman Financial Services 10.90% Sep 2028 NCD?
Arman Financial Services 10.90% Sep 2028 NCD carries a coupon of 10.90%, paid quarterly, on a face value of ₹10,000.
When does Arman Financial Services 10.90% Sep 2028 NCD mature?
Arman Financial Services 10.90% Sep 2028 NCD matures on 25 Sep 2028, 1.9 years from today.
What is Arman Financial Services 10.90% Sep 2028 NCD rated?
Arman Financial Services 10.90% Sep 2028 NCD is rated A- by Acuité (rating dated 30 Sep 2026).
Is Arman Financial Services 10.90% Sep 2028 NCD secured?
Arman Financial Services 10.90% Sep 2028 NCD is a secured bond.
Where does Arman Financial Services 10.90% Sep 2028 NCD trade?
Arman Financial Services 10.90% Sep 2028 NCD is listed on BSE.
What yield does Arman Financial Services 10.90% Sep 2028 NCD currently offer?
The last recorded trade on 6 Nov 2026 priced Arman Financial Services 10.90% Sep 2028 NCD at ₹9,950.00 per bond, implying a yield to maturity of 11.70%.
More Bonds from This Issuer
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 10.90%. For comparison only, not a recommendation.
| Bond | Issuer | Rating | Coupon | Maturity |
|---|---|---|---|---|
| INE229U07186 | Namra Finance Limited | A- | 10.90% | 2028-04-24 |
| INE03K307173 | Satin Finserv Limited | A- | 10.90% | 2028-04-26 |
| INE14H407116 | Finnable Credit Private Limited | BBB+ | 11.00% | 2028-08-26 |
| INE179P07613 | Dvara Kshetriya Gramin Financial Services Private Limited | BBB+ | 11.00% | 2028-01-07 |
| INE0O7U07046 | Unigold Finance Limited | BBB | 11.00% | 2028-04-02 |
| INE179P07621 | Dvara Kshetriya Gramin Financial Services Private Limited | BBB+ | 11.00% | 2029-01-30 |