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Cholamandalam Investment and… 8.50% Jan 2027 NCD

AA+ Secured NCD

Cholamandalam Investment and Finance Company Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2027

Current YTM
No live YTM available
Coupon Rate
8.50%
Per annum
Maturity Date
31 Jan 2027
0.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual) EST
~8.50%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+289 bps
vs 0.4Y G-Sec at 5.61% *
Below the median spread for similar-tenor peers
Tenure
0.4 Years
Remaining to maturity
Price vs Yield
— Price (Clean)
2026-06-25 2026-08-20
Cashflow Timeline
31 Jan 2027
Principal Payment
₹1,000.00 / Bond

Next 0 coupons + principal at maturity · per ₹1,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Reaffirmed: by CRISIL on 2026-08-06 Reaffirmed: by CRISIL on 2026-08-05 Initial rating: AAA by CRISIL on 2026-08-03 Issued 2024-01-31 Matures 2027-01-31

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

Key Metrics
Coupon Rate
8.50%
YTM (Annual)
Credit Rating
AA+
(ICRA)
Remaining Tenure
0.4 Years
Advanced metrics
Modified Duration
0.39 Yrs
Macaulay Duration
0.42 Yrs
Issue Size
₹518 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
0.39 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-20
NSE CM
Trades (30 Days)
2
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 2 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.50 percentage points below 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
2024-01-31
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Cholamandalam Investment and Finance Company Limited, 8.50% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES III TRANCHE IV DATE OF MATURITY 31/01/2027 is a secured, rated, ncd paying a 8.50% p.a. coupon annual. The instrument repays principal on maturity.

Rating Action History 3 actions
DateAgencyActionRatingOutlookRationale
2026-08-06 CRISIL Reaffirm View →
2026-08-05 CRISIL Reaffirm View →
2026-08-03 CRISIL Initial AAA View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-20 104.0190 None
2026-07-29 103.3000 1.8638 None
2026-07-27 102.5000 3.4742 None
2026-06-25 100.8000 7.0535 5
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 ICRA, INDIA_RATINGS 2026-06-28
Rating Actions History 3 2026-08-06
Secondary-Market Trades 4 NSE CM 2026-08-20
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 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.

Frequently Asked Questions
What is the coupon rate on Cholamandalam Investment and… 8.50% Jan 2027 NCD?

Cholamandalam Investment and… 8.50% Jan 2027 NCD carries a coupon of 8.50%, paid annual, on a face value of ₹1,000.

When does Cholamandalam Investment and… 8.50% Jan 2027 NCD mature?

Cholamandalam Investment and… 8.50% Jan 2027 NCD matures on 2027-01-31, 0.4 years from today.

What is Cholamandalam Investment and… 8.50% Jan 2027 NCD rated?

Cholamandalam Investment and… 8.50% Jan 2027 NCD is rated AA+ by ICRA and AA+ by INDIA_RATINGS. As of 2024-01-04.

Is Cholamandalam Investment and… 8.50% Jan 2027 NCD secured?

Cholamandalam Investment and… 8.50% Jan 2027 NCD is a secured bond.

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