Magma General Insurance 8.75% Mar 2032 NCD (INE312X08018)
Magma General Insurance Limited
Unsecured, Taxable, Redeemable NCD
Browse: bonds maturing in 2032
Issuer events
Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.- 27 Aug 2026 Placed on rating watch CRISIL
Market Position
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
6 coupons remaining, the last paid with principal at maturity · per ₹10,00,000 face value · projected dates
Bond Timeline
Key Metrics
Advanced metrics
Market Characteristics
Observations
- This bond is unsecured.
- No secondary-market trades recorded in the last 30 days.
- Coupon is 1.45 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 16 Jul 2026Issued by Magma General Insurance Limited, Magma General Insurance 8.75% Mar 2032 NCD is an unsecured NCD. It pays an 8.75% p.a. coupon, annually. Principal is repaid at maturity. The issuer holds the right to redeem it before the maturity date.
Rating Action History
1 actionsAgency actions on Magma General Insurance Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.
| Date | Agency | Action | Rating | Outlook | Rationale |
|---|---|---|---|---|---|
| 2026-08-27 | CRISIL | Watch | — | Rating Watch | View → |
Rating Actions on Magma General Insurance Limited
last 12 monthsAgencies 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.
Data Coverage
| Dataset | Records | Detail | Freshness |
|---|---|---|---|
| Credit Ratings | 1 | CARE (NSDL record) | 2022-03-29 |
| Rating Actions History | 1 | — | 2026-08-27 |
| 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
- NSDL debt master
- Last Updated
- 16 Jul 2026
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What is the coupon rate on Magma General Insurance 8.75% Mar 2032 NCD?
Magma General Insurance 8.75% Mar 2032 NCD carries a coupon of 8.75%, paid annual, on a face value of ₹10,00,000.
When does Magma General Insurance 8.75% Mar 2032 NCD mature?
Magma General Insurance 8.75% Mar 2032 NCD matures on 30 Mar 2032, 5.4 years from today.
What is Magma General Insurance 8.75% Mar 2032 NCD rated?
No current rating from an agency or exchange is on file for Magma General Insurance 8.75% Mar 2032 NCD. NSDL's debt master records a rating of AA- by CARE, dated 29 Mar 2022, often from the time of issue, so it may be out of date.
Is Magma General Insurance 8.75% Mar 2032 NCD secured?
Magma General Insurance 8.75% Mar 2032 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.
Can Magma General Insurance 8.75% Mar 2032 NCD be called or put back early?
Magma General Insurance 8.75% Mar 2032 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.
Where does Magma General Insurance 8.75% Mar 2032 NCD trade?
Magma General Insurance 8.75% Mar 2032 NCD is not listed on a stock exchange, so there is no exchange price for it.
More Bonds from This Issuer
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 8.75%. For comparison only, not a recommendation.
| Bond | Issuer | Rating | Coupon | Maturity |
|---|---|---|---|---|
| INE2T2Q07113 | Hyderabad Metropolitan Development Authority | AA+ | 8.70% | 2033-03-15 |
| INE338I07206 | Motilal Oswal Financial Services Limited | — | 8.70% | 2031-09-16 |
| INE729N08121 | TVS Credit Services Limited | — | 8.70% | 2032-08-25 |
| INE053F09HE0 | Indian Railway Finance Corporation Limited | AAA | 8.83% | 2032-05-14 |
| INE121A08PY9 | Cholamandalam Investment and Finance Company Limited | AA+ | 8.66% | 2033-02-23 |
| INE414G07KB6 | Muthoot Finance Limited | AA+ | 8.65% | 2031-06-12 |