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INDIABULLS COMMERCIAL CREDIT 8.85% Mar 2028 NCD

AAA Unsecured NCD

Indiabulls Commercial Credit Ltd

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2028

Current YTM
9.04%
Market YTM
Coupon Rate
8.85%
Per annum
Maturity Date
28 Mar 2028
1.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
9.04%
Live, last traded 2026-08-18
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+344 bps
vs 1.6Y G-Sec at 5.60%
Above the median spread for similar-tenor peers
Tenure
1.6 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-06 2026-08-18
Cashflow Timeline
28 Mar 2027
Interest Payment
₹8,850.00 / Bond
28 Mar 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 2018-03-28 Matures 2028-03-28
Key Metrics
Coupon Rate
8.85%
YTM (Annual)
9.04%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
1.6 Years
Advanced metrics
Modified Duration
1.37 Yrs
Macaulay Duration
1.50 Yrs
Issue Size
₹105 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.37 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-18
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 1.15 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
2018-03-28
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Indiabulls Commercial Credit Ltd issued this rated, ncd (ICCL-8.85%-28-3-28-PVT) carrying a 8.85% p.a. coupon, paid annual. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-18 99.6100 9.0400 1
2026-08-10 98.5115 9.7250 1
2026-08-06 98.0700 10.1000 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2018-12-29
Rating Actions History 0
Secondary-Market Trades 3 BSE 2026-08-18
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 8.85% Mar 2028 NCD?

INDIABULLS COMMERCIAL CREDIT 8.85% Mar 2028 NCD carries a coupon of 8.85%, paid annual, on a face value of ₹100,000.

When does INDIABULLS COMMERCIAL CREDIT 8.85% Mar 2028 NCD mature?

INDIABULLS COMMERCIAL CREDIT 8.85% Mar 2028 NCD matures on 2028-03-28, 1.6 years from today.

What is INDIABULLS COMMERCIAL CREDIT 8.85% Mar 2028 NCD rated?

INDIABULLS COMMERCIAL CREDIT 8.85% Mar 2028 NCD is rated AAA by CRISIL. As of 2018-12-29.

Is INDIABULLS COMMERCIAL CREDIT 8.85% Mar 2028 NCD secured?

INDIABULLS COMMERCIAL CREDIT 8.85% Mar 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does INDIABULLS COMMERCIAL CREDIT 8.85% Mar 2028 NCD trade?

INDIABULLS COMMERCIAL CREDIT 8.85% Mar 2028 NCD is listed on BSE.

What yield does INDIABULLS COMMERCIAL CREDIT 8.85% Mar 2028 NCD currently offer?

The last recorded trade on 2026-08-18 priced INDIABULLS COMMERCIAL CREDIT 8.85% Mar 2028 NCD at ₹99.61, implying a yield to maturity of 9.04%.

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