C

Cholamandalam Investment And… 9.25% Dec 9999 NCD

AA Unsecured NCD

Cholamandalam Investment and Finance Company Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds

Current YTM
9.58%
Market YTM
Coupon Rate
9.25%
Per annum
Maturity Date
Perpetual
No fixed maturity
Interest Payment
Annual
Frequency
Face Value
₹10,000,000
Per Bond
Market Position
YTM (Annual)
9.58%
Live, last traded 2026-08-14
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Tenure
Perpetual
No fixed maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-16 2026-08-14
Cashflow Timeline

Cashflow schedule unavailable

Coupon frequency or rate missing from source data.
Key Metrics
Coupon Rate
9.25%
YTM (Annual)
9.58%
Credit Rating
AA
(INDIA_RATINGS)
Remaining Tenure
Perpetual
Advanced metrics
Modified Duration
Macaulay Duration
Issue Size
₹200 Cr
Minimum Investment
₹10,000,000
(1 Bond)
Market Characteristics
Modified Duration
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-14
NSE OTC (WAP)
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Unsecured
Callable
Observations
  • This bond is unsecured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 0.75 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
2023-06-28
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable

9.25% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE PERPETUAL DEBENTURES SERIES PDI39 is a rated, redeemable ncd issued by Cholamandalam Investment and Finance Company Limited. The bond offers a fixed coupon of 9.25% p.a. with annual interest payments and has no fixed maturity date.

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
2026-08-14 97.9220 9.5785 1
2026-07-17 98.8300 9.4900 6
2026-07-16 98.4397 9.5500 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2023-06-20
Rating Actions History 3 2026-08-06
Secondary-Market Trades 3 NSE OTC (WAP) 2026-08-14
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… 9.25% Dec 9999 NCD?

Cholamandalam Investment And… 9.25% Dec 9999 NCD carries a coupon of 9.25%, paid annual, on a face value of ₹10,000,000.

When does Cholamandalam Investment And… 9.25% Dec 9999 NCD mature?

Cholamandalam Investment And… 9.25% Dec 9999 NCD is a perpetual bond (AT1/Tier-I) with no fixed maturity date; the issuer may redeem it on scheduled call dates, subject to regulatory approval.

What is Cholamandalam Investment And… 9.25% Dec 9999 NCD rated?

Cholamandalam Investment And… 9.25% Dec 9999 NCD is rated AA by INDIA_RATINGS. As of 2023-06-20.

Is Cholamandalam Investment And… 9.25% Dec 9999 NCD secured?

Cholamandalam Investment And… 9.25% Dec 9999 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Cholamandalam Investment And… 9.25% Dec 9999 NCD be called or put back early?

Cholamandalam Investment And… 9.25% Dec 9999 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

What yield does Cholamandalam Investment And… 9.25% Dec 9999 NCD currently offer?

The last recorded trade on 2026-08-14 priced Cholamandalam Investment And… 9.25% Dec 9999 NCD at ₹97.92, implying a yield to maturity of 9.58%.

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Maturity
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