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Cholamandalam Investment and… 8.40% Nov 2032 NCD

AA+ Unsecured NCD

Cholamandalam Investment and Finance Company Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2032

Current YTM
8.85%
Market YTM
Coupon Rate
8.40%
Per annum
Maturity Date
25 Nov 2032
6.2 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.85%
Live, last traded 2026-08-20
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+274 bps
vs 6.2Y G-Sec at 6.11%
Above the median spread for similar-tenor peers
Tenure
6.2 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-06-29 2026-08-20
Cashflow Timeline
25 Nov 2026
Interest Payment
₹8,400.00 / Bond
25 Nov 2027
Interest Payment
₹8,400.00 / Bond
25 Nov 2028
Interest Payment
₹8,400.00 / Bond
25 Nov 2029
Interest Payment
₹8,400.00 / Bond
25 Nov 2030
Interest Payment
₹8,400.00 / Bond
25 Nov 2031
Interest Payment
₹8,400.00 / Bond
25 Nov 2032
Principal Payment
₹100,000.00 / Bond

Next 6 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 2025-11-25 Matures 2032-11-25

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

Key Metrics
Coupon Rate
8.40%
YTM (Annual)
8.85%
Credit Rating
AA+
(ICRA)
Remaining Tenure
6.2 Years
Advanced metrics
Modified Duration
4.40 Yrs
Macaulay Duration
4.79 Yrs
Issue Size
₹1,000 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
4.40 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-20
NSE OTC (WAP)
Trades (30 Days)
3
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 3 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.60 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
2025-11-25
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Cholamandalam Investment and Finance Company Limited, 8.40% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES SD78 DATE OF MATURITY 25/11/2032 is a rated, ncd paying a 8.40% 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 97.8000 8.8478 None
2026-08-14 97.9306 8.8145 None
2026-07-29 98.9400 8.6000 1
2026-07-14 98.3200 8.7300 1
2026-07-13 98.1342 8.7599 None
2026-07-08 98.0356 8.7900 None
2026-06-29 98.2404 8.7448 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, ICRA 2026-06-28
Rating Actions History 3 2026-08-06
Secondary-Market Trades 7 NSE OTC (WAP) 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… 8.40% Nov 2032 NCD?

Cholamandalam Investment and… 8.40% Nov 2032 NCD carries a coupon of 8.40%, paid annual, on a face value of ₹100,000.

When does Cholamandalam Investment and… 8.40% Nov 2032 NCD mature?

Cholamandalam Investment and… 8.40% Nov 2032 NCD matures on 2032-11-25, 6.2 years from today.

What is Cholamandalam Investment and… 8.40% Nov 2032 NCD rated?

Cholamandalam Investment and… 8.40% Nov 2032 NCD is rated AA+ by ICRA and AA+ by CARE. As of 2026-06-28.

Is Cholamandalam Investment and… 8.40% Nov 2032 NCD secured?

Cholamandalam Investment and… 8.40% Nov 2032 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Cholamandalam Investment and… 8.40% Nov 2032 NCD currently offer?

The last recorded trade on 2026-08-20 priced Cholamandalam Investment and… 8.40% Nov 2032 NCD at ₹97.80, implying a yield to maturity of 8.85%.

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