Market closed today (Weekend) · Prices and yields as of last trading day, 06 Nov 2026
Happy Diwali from all of us at RetailBonds
P

Patel Engineering 10.25% Aug 2028 NCD (INE244B07243)

India Ratings A- · NSDL record, 2025 Secured NCD

Patel Engineering Limited

Secured, Taxable, Redeemable NCD

Browse: bonds maturing in 2028

4 more bonds from Patel Engineering Limited →
Current YTM
10.50%
Market YTM
Coupon Rate
10.25%
Per annum
Maturity Date
25 Aug 2028
1.8 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹1,00,000
Per Bond

Market Position

YTM (Annual)
10.50%
Last traded 5 Nov 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+358 bps
vs 1.8Y G-Sec at 6.92%
Above the median spread for similar-tenor peers
Tenure
1.8 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
16 Oct 20265 Nov 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

26 Nov 2026
Interest Payment
₹854.17 / Bond
₹768.75 net of 10% TDS (est.)
26 Dec 2026
Interest Payment
₹854.17 / Bond
₹768.75 net of 10% TDS (est.)
26 Jan 2027
Interest Payment
₹854.17 / Bond
₹768.75 net of 10% TDS (est.)
26 Feb 2027
Interest Payment
₹854.17 / Bond
₹768.75 net of 10% TDS (est.)
26 Mar 2027
Interest Payment
₹854.17 / Bond
₹768.75 net of 10% TDS (est.)
26 Apr 2027
Interest Payment
₹854.17 / Bond
₹768.75 net of 10% TDS (est.)
26 May 2027
Interest Payment
₹854.17 / Bond
₹768.75 net of 10% TDS (est.)
26 Jun 2027
Interest Payment
₹854.17 / Bond
₹768.75 net of 10% TDS (est.)
…
+13 more coupons until 26 Jul 2028
₹854.17 each / Bond
25 Aug 2028
Final coupon (part period) + principal
₹1,00,826.62 / Bond
₹826.62 coupon + ₹1,00,000 face value

22 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 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.

Payment Disclosures (SEBI Reg52(4))

4 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2026-10-26 Interest ₹68,00,000.00 ₹68,00,000.00 Paid XBRL →
2026-09-26 Interest ₹71,00,000.00 ₹71,00,000.00 Paid XBRL →
2026-08-26 Interest ₹7,05,50,23,00,000.00 ₹7,05,50,23,00,000.00 Paid XBRL →
2026-07-26 Interest ₹6,85,16,95,00,000.00 ₹6,85,16,95,00,000.00 Paid XBRL →
Non-payment reason: NA

Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.

Bond Timeline

— Issue / Maturity | Coupon (projected) ◆ Reg52(4) disclosed ┊ Today
Today Interest paid (SEBI Reg52(4) disclosure) — due 26 Oct 2026 Interest paid (SEBI Reg52(4) disclosure) — due 26 Sep 2026 Interest paid (SEBI Reg52(4) disclosure) — due 26 Aug 2026 Interest paid (SEBI Reg52(4) disclosure) — due 26 Jul 2026 Issued 26 Aug 2025 Matures 25 Aug 2028

4 SEBI Reg52(4) disclosed payments — hover a square/diamond for detail.

Key Metrics

Coupon Rate
10.25%
YTM (Annual)
10.50%
Credit Rating
A-
Rating on NSDL record (India Ratings, 2025)
Not a current agency rating; see below
Remaining Tenure
1.8 Years

A- (India Ratings): Rating on NSDL record (India Ratings, 2025), dated 3 Jul 2025. 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
1.62 Yrs
Macaulay Duration
1.64 Yrs
Issue Size
₹50 Cr
Face Value
₹1,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
1.62 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
5 Nov 2026
BSE
Trades (30 Days)
16
Exchange-reported sessions
Security Status
Secured
Callable

Observations

  • This bond is secured.
  • 16 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.05 percentage points above the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
26 Aug 2025
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
Callable

Patel Engineering 10.25% Aug 2028 NCD is a secured NCD issued by Patel Engineering Limited. It pays a 10.25% p.a. coupon, monthly. Principal is repaid at maturity. The issuer holds the right to redeem it before the maturity date.

Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →
Alert me about Patel Engineering 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.

Recent Market Prices

Recent BSE trades for INE244B07243: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-11-05 99.9900 10.5000 2
2026-11-04 101.1600 9.1200 1
2026-11-02 94.7520 13.5362 2
2026-10-30 100.1300 10.5700 2
2026-10-29 99.5622 10.5138 1
2026-10-28 101.1000 9.2400 3
2026-10-27 99.8200 11.0000 1
2026-10-22 99.7800 11.0400 2
2026-10-19 99.0000 12.1100 2
2026-10-16 99.8100 11.0000 1

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 India Ratings (NSDL record) 2025-07-03
Rating Actions History 0 — —
Secondary-Market Trades 10 BSE 2026-11-05
Reg52(4) Payment Disclosures 4 NSE 2026-10-26
  • 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.

Documents

Entity metadata
Source
NSDL debt master
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.

Current Price (Clean)
₹99,990.00
YTM10.50%
Trade Date 5 Nov 2026 3d ago
SourceBSE
Accrued interest (est.) · record date unclear₹413.31
Dirty price (est.)₹1,00,403.31
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE244B07243
Issue Date
26 Aug 2025
Maturity Date
25 Aug 2028
Listing
—
Payment Frequency
Monthly
Put / Call Option
Call
Security
Secured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

Get notified of downgrades, upgrades, and credit watches across all tracked bonds.

Subscribe Free

Weekly digest. No spam. Unsubscribe anytime.

Frequently Asked Questions
What is the coupon rate on Patel Engineering 10.25% Aug 2028 NCD?

Patel Engineering 10.25% Aug 2028 NCD carries a coupon of 10.25%, paid monthly, on a face value of ₹1,00,000.

When does Patel Engineering 10.25% Aug 2028 NCD mature?

Patel Engineering 10.25% Aug 2028 NCD matures on 25 Aug 2028, 1.8 years from today.

What is Patel Engineering 10.25% Aug 2028 NCD rated?

No current rating from an agency or exchange is on file for Patel Engineering 10.25% Aug 2028 NCD. NSDL's debt master records a rating of A- by India Ratings, dated 3 Jul 2025, often from the time of issue, so it may be out of date.

Is Patel Engineering 10.25% Aug 2028 NCD secured?

Patel Engineering 10.25% Aug 2028 NCD is a secured bond.

Can Patel Engineering 10.25% Aug 2028 NCD be called or put back early?

Patel Engineering 10.25% Aug 2028 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

What yield does Patel Engineering 10.25% Aug 2028 NCD currently offer?

The last recorded trade on 5 Nov 2026 priced Patel Engineering 10.25% Aug 2028 NCD at ₹99,990.00 per bond, implying a yield to maturity of 10.50%.

More Bonds from This Issuer

P
Patel Engineering Aug 2027 OCD
INE244B07151
Coupon
—
Maturity
08 Aug 2027
P
Patel Engineering Aug 2027 OCD
INE244B07227
Coupon
—
Maturity
08 Aug 2027
P
Patel Engineering Aug 2027 OCD
INE244B07169
Coupon
—
Maturity
08 Aug 2027
P
Patel Engineering Aug 2027 OCD
INE244B07219
Coupon
—
Maturity
08 Aug 2027
Compare (/) Compare Bonds

Comparable NCDs maturing near 2028

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 10.25%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE08E807100Shri Ram Finance Corporation Private LimitedA10.25%2028-04-01
INE1VXE07015STL Networks LimitedA-10.25%2027-09-02
INE04HY07294Vedika Credit Capital LimitedA NSDL record, 202510.25%2028-07-31
INE882Z08049Muthoot Housing Finance Company LimitedAA-10.25%2029-06-23
INE549K08335Muthoot Fincorp LimitedA+ NSDL record, 202210.26%2027-12-30
INE549K08327Muthoot Fincorp LimitedA+ NSDL record, 202210.26%2027-12-31

← Back to screener