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INDIABULLS COMMERCIAL CREDIT 8.45% Jan 2028 NCD

AAA Unsecured NCD

Indiabulls Commercial Credit Ltd

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2028

Current YTM
9.33%
Market YTM
Coupon Rate
8.45%
Per annum
Maturity Date
05 Jan 2028
1.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
9.33%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+338 bps
vs 1.4Y G-Sec at 5.95%
Above the median spread for similar-tenor peers
Tenure
1.4 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-09 2026-08-27
Cashflow Timeline
5 Jan 2027
Interest Payment
₹8,450.00 / Bond
5 Jan 2028
Principal Payment
₹100,000.00 / Bond

Next 1 coupon + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2018-01-05 Matures 2028-01-05
Key Metrics
Coupon Rate
8.45%
YTM (Annual)
9.33%
Credit Rating
AAA
(CARE)
Remaining Tenure
1.4 Years
Advanced metrics
Modified Duration
1.16 Yrs
Macaulay Duration
1.27 Yrs
Issue Size
₹50 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.16 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-27
NSE OTC (WAP)
Trades (30 Days)
4
Exchange-reported sessions
Security Status
Unsecured
No call option
Observations
  • This bond is unsecured.
  • 4 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.55 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2018-01-05
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

ICCL-8.45%-5-1-28-PVT is a rated, redeemable ncd issued by Indiabulls Commercial Credit Ltd. The bond offers a fixed coupon of 8.45% p.a. with annual interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 98.8320 9.3335 None
2026-08-24 99.0200 9.1749 2
2026-08-05 98.8883 9.2500 1
2026-08-03 99.0573 9.1175 None
2026-07-10 99.0400 9.1000 2
2026-07-09 99.0000 9.1300 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2017-12-28
Rating Actions History 0
Secondary-Market Trades 6 NSE OTC (WAP) 2026-08-27
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 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 INDIABULLS COMMERCIAL CREDIT 8.45% Jan 2028 NCD?

INDIABULLS COMMERCIAL CREDIT 8.45% Jan 2028 NCD carries a coupon of 8.45%, paid annual, on a face value of ₹100,000.

When does INDIABULLS COMMERCIAL CREDIT 8.45% Jan 2028 NCD mature?

INDIABULLS COMMERCIAL CREDIT 8.45% Jan 2028 NCD matures on 2028-01-05, 1.4 years from today.

What is INDIABULLS COMMERCIAL CREDIT 8.45% Jan 2028 NCD rated?

INDIABULLS COMMERCIAL CREDIT 8.45% Jan 2028 NCD is rated AAA by CARE. As of 2017-12-28.

Is INDIABULLS COMMERCIAL CREDIT 8.45% Jan 2028 NCD secured?

INDIABULLS COMMERCIAL CREDIT 8.45% Jan 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does INDIABULLS COMMERCIAL CREDIT 8.45% Jan 2028 NCD trade?

INDIABULLS COMMERCIAL CREDIT 8.45% Jan 2028 NCD is listed on BSE.

What yield does INDIABULLS COMMERCIAL CREDIT 8.45% Jan 2028 NCD currently offer?

The last recorded trade on 2026-08-27 priced INDIABULLS COMMERCIAL CREDIT 8.45% Jan 2028 NCD at ₹98.83, implying a yield to maturity of 9.33%.

More Bonds from This Issuer
I
Indiabulls Commercial Credit 9.00% Sep 2026 NCD
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Maturity
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Indiabulls Commercial Credit 8.45% Nov 2027 NCD
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Maturity
08 Nov 2027
I
Indiabulls Commercial Credit 8.45% Nov 2027 NCD
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Coupon
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Maturity
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Indiabulls Commercial Credit 8.85% Mar 2028 NCD
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Coupon
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Maturity
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