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Cholamandalam Investment and… 8.50% Jul 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
7.82%
Market YTM
Coupon Rate
8.50%
Per annum
Maturity Date
25 Jul 2027
0.9 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.82%
Live, last traded 2026-07-10
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+206 bps
vs 0.9Y G-Sec at 5.76%
Below the median spread for similar-tenor peers
Tenure
0.9 Years
Remaining to maturity
Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.
Cashflow Timeline
25 Jul 2027
Principal Payment
₹100,000.00 / Bond

Next 0 coupons + principal at maturity · per ₹100,000 face value

Payment Disclosures (SEBI Reg52(4)) 1 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2026-07-25 Interest ₹397,800,000.00 ₹397,800,000.00 Paid XBRL →

Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2026-08-02 -- history accumulates as disclosures are broadcast.

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ◆ Reg52(4) disclosed ┊ 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 Interest paid (SEBI Reg52(4) disclosure) — due 2026-07-25 Issued 2024-07-25 Matures 2027-07-25

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

1 SEBI Reg52(4) disclosed payment — hover a square/diamond for detail.

Key Metrics
Coupon Rate
8.50%
YTM (Annual)
7.82%
Credit Rating
AA+
(ICRA)
Remaining Tenure
0.9 Years
Advanced metrics
Modified Duration
0.84 Yrs
Macaulay Duration
0.91 Yrs
Issue Size
₹500 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
0.84 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-10
NSE OTC (WAP)
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 1.50 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2024-07-25
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Cholamandalam Investment and Finance Company Limited issued this secured, rated, ncd (8.50% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES 646 DATE OF MATURITY 25/07/2027.) carrying a 8.50% p.a. coupon, paid annual. It 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
2026-07-10 100.6613 7.8200 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2024-07-18
Rating Actions History 3 2026-08-06
Secondary-Market Trades 1 NSE OTC (WAP) 2026-07-10
Reg52(4) Payment Disclosures 1 NSE 2026-07-25
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% Jul 2027 NCD?

Cholamandalam Investment and… 8.50% Jul 2027 NCD carries a coupon of 8.50%, paid annual, on a face value of ₹100,000.

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

Cholamandalam Investment and… 8.50% Jul 2027 NCD matures on 2027-07-25, 0.9 years from today.

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

Cholamandalam Investment and… 8.50% Jul 2027 NCD is rated AA+ by ICRA. As of 2024-07-18.

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

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

What yield does Cholamandalam Investment and… 8.50% Jul 2027 NCD currently offer?

The last recorded trade on 2026-07-10 priced Cholamandalam Investment and… 8.50% Jul 2027 NCD at ₹100.66, implying a yield to maturity of 7.82%.

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