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L&T Finance 8.20% May 2032 NCD (INE235P07738)

CRISIL AAA · NSDL record, 2017 Secured NCD

L&T Finance Limited

Secured, Taxable, Redeemable NCD

Browse: bonds maturing in 2032

89 more bonds from L&T Finance Limited →
Current YTM
—
No market YTM available
Coupon Rate
8.20%
Per annum
Maturity Date
31 May 2032
5.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹25,00,000
Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.
  • 25 Aug 2026 New rating assigned to AAA CRISIL

Market Position

YTM (Annual)
—
No trade with a usable price on record
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
5.6 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.

Showing last 10 trades.

Cashflow Timeline

31 May 2027
Interest Payment
₹2,05,000.00 / Bond
₹1,84,500.00 net of 10% TDS (est.)
31 May 2028
Interest Payment
₹2,05,000.00 / Bond
₹1,84,500.00 net of 10% TDS (est.)
31 May 2029
Interest Payment
₹2,05,000.00 / Bond
₹1,84,500.00 net of 10% TDS (est.)
31 May 2030
Interest Payment
₹2,05,000.00 / Bond
₹1,84,500.00 net of 10% TDS (est.)
31 May 2031
Interest Payment
₹2,05,000.00 / Bond
₹1,84,500.00 net of 10% TDS (est.)
31 May 2032
Final coupon + principal
₹27,05,000.00 / Bond
₹2,05,000.00 coupon + ₹25,00,000 face value

6 coupons remaining, the last paid with principal at maturity · per ₹25,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 31 May 2017 Matures 31 May 2032

Key Metrics

Coupon Rate
8.20%
YTM (Annual)
—
Credit Rating
AAA
Rating on NSDL record (CRISIL, 2017)
Not a current agency rating; see below
Remaining Tenure
5.6 Years

AAA (CRISIL): Rating on NSDL record (CRISIL, 2017), dated 17 May 2017. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics
Modified Duration
4.19 Yrs
Macaulay Duration
4.53 Yrs
Issue Size
₹105 Cr
Minimum Investment
₹25,00,000
1 bond × ₹25,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
4.19 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
—
No recorded trades
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 2.00 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 7 Nov 2026
Instrument Type
NCD
Issue Date
31 May 2017
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

L&T Finance Limited issued L&T Finance 8.20% May 2032 NCD, a secured NCD. It pays an 8.20% p.a. coupon, annually. Principal is repaid at maturity.

Rating Action History

2 actions

Agency actions on L&T Finance Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

DateAgencyActionRatingOutlookRationale
2026-09-25 CARE Reaffirm AAA Stable NSE filing →
2026-08-25 CRISIL Initial AAA Stable View →
Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on L&T Finance Limited

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

DateAgencyActionRatingRationale
2026-09-25 CARE Reaffirm AAA / Stable NSE filing →
2026-08-25 CRISIL Initial AAA / Stable View →
Alert me about L&T Finance Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL (NSDL record) 2017-05-17
Rating Actions History 2 — 2026-09-25
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 0 — —
  • No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata
Source
BSE
Last Updated
7 Nov 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.

Current Price (Clean)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE235P07738
Issue Date
31 May 2017
Maturity Date
31 May 2032
Listing
BSE
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Secured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on L&T Finance 8.20% May 2032 NCD?

L&T Finance 8.20% May 2032 NCD carries a coupon of 8.20%, paid annual, on a face value of ₹25,00,000.

When does L&T Finance 8.20% May 2032 NCD mature?

L&T Finance 8.20% May 2032 NCD matures on 31 May 2032, 5.6 years from today.

What is L&T Finance 8.20% May 2032 NCD rated?

No current rating from an agency or exchange is on file for L&T Finance 8.20% May 2032 NCD. NSDL's debt master records a rating of AAA by CRISIL, dated 17 May 2017, often from the time of issue, so it may be out of date.

Is L&T Finance 8.20% May 2032 NCD secured?

L&T Finance 8.20% May 2032 NCD is a secured bond.

Where does L&T Finance 8.20% May 2032 NCD trade?

L&T Finance 8.20% May 2032 NCD is listed on BSE.

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Maturity
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Coupon
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Maturity
16 Nov 2026
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Coupon
8.50%
Maturity
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Coupon
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Maturity
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Comparable NCDs maturing near 2032

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 8.20%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE537P07935India Infradebt Limited—8.19%2031-12-26
INE246R07954NIIF Infrastructure Finance Limited—8.19%2032-02-19
INE891K07AP8Axis Finance LimitedAAA8.21%2031-08-11
INE033L07IT0Tata Capital Housing Finance LimitedAAA NSDL record, 20268.15%2031-06-11
INE282H07067Jio Credit LimitedAAA8.15%2031-06-16
INE916DA7TO5Kotak Mahindra Prime LimitedAAA8.15%2031-10-21

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