S

Svatantra Microfin 12.40% May 2028 NCD

A Unsecured NCD

Svatantra Microfin Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2028

Current YTM
9.45%
Market YTM
Coupon Rate
12.40%
Per annum
Maturity Date
21 May 2028
1.7 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
9.45%
Live, last traded 2026-08-24
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+402 bps
vs 1.7Y G-Sec at 5.43%
Above the median spread for similar-tenor peers
Tenure
1.7 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-08 2026-08-24
Cashflow Timeline
21 Sep 2026
Interest Payment
₹1,033.33 / Bond
21 Oct 2026
Interest Payment
₹1,033.33 / Bond
21 Nov 2026
Interest Payment
₹1,033.33 / Bond
21 Dec 2026
Interest Payment
₹1,033.33 / Bond
21 Jan 2027
Interest Payment
₹1,033.33 / Bond
21 Feb 2027
Interest Payment
₹1,033.33 / Bond
21 Mar 2027
Interest Payment
₹1,033.33 / Bond
21 Apr 2027
Interest Payment
₹1,033.33 / Bond
21 May 2028
Principal Payment
₹100,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-07-20 Initial rating: AA by CRISIL on 2026-07-03 Issued 2023-02-21 Matures 2028-05-21

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

Key Metrics
Coupon Rate
12.40%
YTM (Annual)
9.45%
Credit Rating
A
(INDIA_RATINGS)
Remaining Tenure
1.7 Years
Advanced metrics
Modified Duration
1.55 Yrs
Macaulay Duration
1.56 Yrs
Issue Size
₹125 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.55 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-08-24
BSE
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 2.40 percentage points above 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
2023-02-21
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

12.40% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES LETTER OF ALLOTMENT DATE OF MATURITY 21/05/2028 is a rated, redeemable ncd issued by Svatantra Microfin Limited. The bond offers a fixed coupon of 12.40% p.a. with monthly interest payments and repays principal on maturity.

Rating Action History 2 actions
DateAgencyActionRatingOutlookRationale
2026-07-20 CRISIL Other View →
2026-07-03 CRISIL Initial AA Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-24 105.3300 9.4500 3
2026-08-19 105.2800 9.5100 4
2026-08-17 104.3878 10.1000 None
2026-07-08 104.4063 10.2293 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2023-02-06
Rating Actions History 2 2026-07-20
Secondary-Market Trades 4 BSE 2026-08-24
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 Svatantra Microfin 12.40% May 2028 NCD?

Svatantra Microfin 12.40% May 2028 NCD carries a coupon of 12.40%, paid monthly, on a face value of ₹100,000.

When does Svatantra Microfin 12.40% May 2028 NCD mature?

Svatantra Microfin 12.40% May 2028 NCD matures on 2028-05-21, 1.7 years from today.

What is Svatantra Microfin 12.40% May 2028 NCD rated?

Svatantra Microfin 12.40% May 2028 NCD is rated A by INDIA_RATINGS. As of 2023-02-06.

Is Svatantra Microfin 12.40% May 2028 NCD secured?

Svatantra Microfin 12.40% May 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

What yield does Svatantra Microfin 12.40% May 2028 NCD currently offer?

The last recorded trade on 2026-08-24 priced Svatantra Microfin 12.40% May 2028 NCD at ₹105.33, implying a yield to maturity of 9.45%.

More Bonds from This Issuer
1
Svatantra Microfin 10.55% Sep 2026 NCD
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Maturity
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Svatantra Microfin 10.10% Oct 2026 NCD
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Coupon
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Maturity
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1
Svatantra Microfin 11.77% Jul 2027 NCD
Coupon
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Maturity
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1
Svatantra Microfin 11.77% Nov 2027 NCD
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Coupon
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Maturity
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