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Cholamandalam Investment And… 7.38% May 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
7.80%
Market YTM
Coupon Rate
7.38%
Per annum
Maturity Date
28 May 2027
0.8 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.80%
Live, last traded 2026-08-13
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+200 bps
vs 0.8Y G-Sec at 5.80%
Below the median spread for similar-tenor peers
Tenure
0.8 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-29 2026-08-13
Cashflow Timeline
28 May 2027
Principal Payment
₹100,000.00 / Bond

Next 0 coupons + principal at maturity · per ₹100,000 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 2025-05-28 Matures 2027-05-28

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

Key Metrics
Coupon Rate
7.38%
YTM (Annual)
7.80%
Credit Rating
AA+
(ICRA)
Remaining Tenure
0.8 Years
Advanced metrics
Modified Duration
0.70 Yrs
Macaulay Duration
0.75 Yrs
Issue Size
₹2,000 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
0.70 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-13
NSE OTC (WAP)
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 2.62 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
2025-05-28
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

7.38% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 653 DATE OF MATURITY 28/05/2027 is a secured, rated, redeemable ncd issued by Cholamandalam Investment and Finance Company Limited. The bond offers a fixed coupon of 7.38% p.a. with annual interest payments and 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
2026-08-13 99.5977 7.8000 None
2026-07-23 99.5100 7.9100 1
2026-07-22 99.4924 7.9300 None
2026-07-16 99.6800 7.7000 1
2026-07-15 99.5559 7.8500 None
2026-07-10 99.5806 7.8200 None
2026-07-09 99.5975 7.8000 None
2026-07-03 99.6577 7.7300 None
2026-07-01 99.6238 7.7700 None
2026-06-29 99.4290 8.0000 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2025-05-13
Rating Actions History 3 2026-08-06
Secondary-Market Trades 10 NSE OTC (WAP) 2026-08-13
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… 7.38% May 2027 NCD?

Cholamandalam Investment And… 7.38% May 2027 NCD carries a coupon of 7.38%, paid annual, on a face value of ₹100,000.

When does Cholamandalam Investment And… 7.38% May 2027 NCD mature?

Cholamandalam Investment And… 7.38% May 2027 NCD matures on 2027-05-28, 0.8 years from today.

What is Cholamandalam Investment And… 7.38% May 2027 NCD rated?

Cholamandalam Investment And… 7.38% May 2027 NCD is rated AA+ by ICRA. As of 2025-05-13.

Is Cholamandalam Investment And… 7.38% May 2027 NCD secured?

Cholamandalam Investment And… 7.38% May 2027 NCD is a secured bond.

What yield does Cholamandalam Investment And… 7.38% May 2027 NCD currently offer?

The last recorded trade on 2026-08-13 priced Cholamandalam Investment And… 7.38% May 2027 NCD at ₹99.60, implying a yield to maturity of 7.80%.

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