P

Patel Engineering 10.25% Aug 2028 NCD

A- Secured NCD

Patel Engineering Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2028

Current YTM
10.48%
Market YTM
Coupon Rate
10.25%
Per annum
Maturity Date
25 Aug 2028
2.0 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
10.48%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+558 bps
vs 2.0Y G-Sec at 4.90%
Top 15% of similar-tenor peers by spread
Tenure
2.0 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-13 2026-08-27
Cashflow Timeline
26 Sep 2026
Interest Payment
₹854.17 / Bond
26 Oct 2026
Interest Payment
₹854.17 / Bond
26 Nov 2026
Interest Payment
₹854.17 / Bond
26 Dec 2026
Interest Payment
₹854.17 / Bond
26 Jan 2027
Interest Payment
₹854.17 / Bond
26 Feb 2027
Interest Payment
₹854.17 / Bond
26 Mar 2027
Interest Payment
₹854.17 / Bond
26 Apr 2027
Interest Payment
₹854.17 / Bond
25 Aug 2028
Principal Payment
₹100,000.00 / Bond

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

Payment Disclosures (SEBI Reg52(4)) 2 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2026-08-26 Interest ₹705,502,300,000.00 ₹705,502,300,000.00 Paid XBRL →
2026-07-26 Interest ₹685,169,500,000.00 ₹685,169,500,000.00 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 2026-08-02 -- history accumulates as disclosures are broadcast.

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ◆ Reg52(4) disclosed ┊ Today
Today Reaffirmed: B by CRISIL on 2026-07-29 Interest paid (SEBI Reg52(4) disclosure) — due 2026-08-26 Interest paid (SEBI Reg52(4) disclosure) — due 2026-07-26 Issued 2025-08-26 Matures 2028-08-25

1 rating action on file since issue — hover a dot for detail.

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

Key Metrics
Coupon Rate
10.25%
YTM (Annual)
10.48%
Credit Rating
A-
(INDIA_RATINGS)
Remaining Tenure
2.0 Years
Advanced metrics
Modified Duration
1.79 Yrs
Macaulay Duration
1.81 Yrs
Issue Size
₹50 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.79 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-08-27
BSE
Trades (30 Days)
20
Exchange-reported sessions
Security Status
Secured
Callable
Observations
  • This bond is secured.
  • 20 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.25 percentage points above 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
2025-08-26
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable

10.25% SECURED RATED LISTED NON CONVERTIBLE DEBENTURES DATE OF MATURITY 25/08/2028 is a secured, rated, redeemable ncd issued by Patel Engineering Limited. The bond offers a fixed coupon of 10.25% p.a. with monthly interest payments and repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-29 CRISIL Reaffirm B Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 100.2400 10.4800 3
2026-08-25 99.7800 11.0000 2
2026-08-24 99.9300 10.8300 8
2026-08-21 99.9900 10.7500 4
2026-08-20 99.7800 11.0000 4
2026-08-19 99.9100 10.8800 18
2026-08-18 100.3400 10.3700 4
2026-08-17 99.7800 11.0000 2
2026-08-14 99.7800 11.0000 1
2026-08-13 101.4700 9.1200 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2025-07-03
Rating Actions History 1 2026-07-29
Secondary-Market Trades 10 BSE 2026-08-27
Reg52(4) Payment Disclosures 2 NSE 2026-08-26
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 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 ₹100,000.

When does Patel Engineering 10.25% Aug 2028 NCD mature?

Patel Engineering 10.25% Aug 2028 NCD matures on 2028-08-25, 2.0 years from today.

What is Patel Engineering 10.25% Aug 2028 NCD rated?

Patel Engineering 10.25% Aug 2028 NCD is rated A- by INDIA_RATINGS. As of 2025-07-03.

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 2026-08-27 priced Patel Engineering 10.25% Aug 2028 NCD at ₹100.24, implying a yield to maturity of 10.48%.

More Bonds from This Issuer
0
Patel Engineering ZC Aug 2027 NCD
Coupon
Maturity
08 Aug 2027
0
Patel Engineering ZC Aug 2027 NCD
Coupon
Maturity
08 Aug 2027
0
Patel Engineering ZC Aug 2027 NCD
Coupon
Maturity
08 Aug 2027
0
Patel Engineering ZC Aug 2027 NCD
Coupon
Maturity
08 Aug 2027
Compare (/) Compare Bonds

← Back to screener