Magma General Insurance 9.70% Dec 2033 NCD (INE312X08026)
Magma General Insurance Limited
Unsecured, Rated, Taxable, Redeemable NCD
Browse: AA rated bonds · bonds maturing in 2033
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
Showing last 10 trades.
Cashflow Timeline
8 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.
Bond Timeline
Key Metrics
Advanced metrics
Market Characteristics
Observations
- This bond is unsecured.
- 5 secondary-market trades recorded in the last 30 days.
- Coupon is 0.50 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 7 Nov 2026Magma General Insurance 9.70% Dec 2033 NCD is an unsecured, rated NCD issued by Magma General Insurance Limited. It pays a 9.70% p.a. coupon, annually. Principal is repaid at maturity.
Rating Timeline
2 ratings on fileEvery rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.
| Date | Agency | Rating | Outlook | Status | Source |
|---|---|---|---|---|---|
| 31 Jan 2024 | CARE | AA | — | Latest | BSE listing |
| 2023 | CRISIL | AA | — | NSDL debt master |
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.
Recent Market Prices
| Trade Date | Clean Price | YTM (%) | Trades |
|---|---|---|---|
| 2026-10-30 | 101.3500 | 8.9400 | 1 |
| 2026-10-15 | 102.1433 | 9.1629 | 2 |
| 2026-10-13 | 102.1433 | 8.5500 | — |
| 2026-10-12 | 96.9900 | — | 1 |
| 2026-10-09 | 93.8300 | 13.0000 | 1 |
| 2026-10-07 | 93.8600 | 9.1300 | 3 |
| 2026-09-16 | 100.0638 | 9.6100 | — |
| 2026-09-10 | 101.0000 | — | 1 |
| 2026-09-09 | 101.0000 | — | 1 |
| 2026-09-08 | 101.0000 | — | 1 |
Data Coverage
| Dataset | Records | Detail | Freshness |
|---|---|---|---|
| Credit Ratings | 2 | CARE, CRISIL | 2024-01-31 |
| Rating Actions History | 1 | — | 2026-08-27 |
| Secondary-Market Trades | 10 | BSE | 2026-10-30 |
| Reg52(4) Payment Disclosures | 0 | — | — |
Documents
Entity metadata
- Source
- BSE
- Last Updated
- 7 Nov 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.
What is the coupon rate on Magma General Insurance 9.70% Dec 2033 NCD?
Magma General Insurance 9.70% Dec 2033 NCD carries a coupon of 9.70%, paid annual, on a face value of ₹1,00,000.
When does Magma General Insurance 9.70% Dec 2033 NCD mature?
Magma General Insurance 9.70% Dec 2033 NCD matures on 28 Dec 2033, 7.1 years from today.
What is Magma General Insurance 9.70% Dec 2033 NCD rated?
Magma General Insurance 9.70% Dec 2033 NCD is rated AA by CARE (rating dated 31 Jan 2024).
Is Magma General Insurance 9.70% Dec 2033 NCD secured?
Magma General Insurance 9.70% Dec 2033 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.
Where does Magma General Insurance 9.70% Dec 2033 NCD trade?
Magma General Insurance 9.70% Dec 2033 NCD is listed on BSE.
What yield does Magma General Insurance 9.70% Dec 2033 NCD currently offer?
The last recorded trade on 30 Oct 2026 priced Magma General Insurance 9.70% Dec 2033 NCD at ₹1,01,350.00 per bond, implying a yield to maturity of 8.94%.
More Bonds from This Issuer
Comparable NCDs maturing near 2033
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 9.70%. For comparison only, not a recommendation.
| Bond | Issuer | Rating | Coupon | Maturity |
|---|---|---|---|---|
| INE658F08474 | Kerala Infrastructure Investment Fund Board | AA | 9.67% | 2033-08-08 |
| INE658F08482 | Kerala Infrastructure Investment Fund Board | AA | 9.67% | 2034-08-08 |
| INE658F08425 | Kerala Infrastructure Investment Fund Board | AA | 9.49% | 2033-03-25 |
| INE658F08409 | Kerala Infrastructure Investment Fund Board | AA | 9.49% | 2034-03-25 |
| INE658F08243 | Kerala Infrastructure Investment Fund Board | AA | 9.49% | 2034-10-08 |
| INE420C07080 | Paisalo Digital Limited | AA+ | 9.95% | 2034-01-17 |