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Hero Solar Energy 9.85% Mar 2029 NCD (INE316W07138)

CRISIL A+ · NSDL record, 2025 Secured NCD

Hero Solar Energy Private Limited

Secured, Taxable, Redeemable NCD

Browse: bonds maturing in 2029

5 more bonds from Hero Solar Energy Private Limited →
Current YTM
11.10%
Market YTM
Coupon Rate
9.85%
Per annum
Maturity Date
11 Mar 2029
2.3 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹25,00,000
Per Bond

Market Position

YTM (Annual)
11.10%
Last traded 5 Nov 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+413 bps
vs 2.3Y G-Sec at 6.97%
Top 20% of similar-tenor peers by spread
Tenure
2.3 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
30 Jun 20265 Nov 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

11 Dec 2026
Interest Payment
₹61,562.50 / Bond
11 Mar 2027
Interest Payment
₹61,562.50 / Bond
11 Jun 2027
Interest Payment
₹61,562.50 / Bond
11 Sep 2027
Interest Payment
₹61,562.50 / Bond
11 Dec 2027
Interest Payment
₹61,562.50 / Bond
11 Mar 2028
Interest Payment
₹61,562.50 / Bond
11 Jun 2028
Interest Payment
₹61,562.50 / Bond
11 Sep 2028
Interest Payment
₹61,562.50 / Bond
…
+1 more coupon until 11 Dec 2028
₹61,562.50 each / Bond
11 Mar 2029
Final coupon + principal
₹25,61,562.50 / Bond
₹61,562.50 coupon + ₹25,00,000 face value

10 coupons remaining, the last paid with principal at maturity · per ₹25,00,000 face value · projected dates

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 11 Mar 2026 Matures 11 Mar 2029

Key Metrics

Coupon Rate
9.85%
YTM (Annual)
11.10%
Credit Rating
A+
Rating on NSDL record (CRISIL, 2025)
Not a current agency rating; see below
Remaining Tenure
2.3 Years

A+ (CRISIL): Rating on NSDL record (CRISIL, 2025), dated 26 Sep 2025. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics
Modified Duration
—
Macaulay Duration
—
Issue Size
₹100 Cr
Face Value
₹25,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
—
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
5 Nov 2026
BSE
Trades (30 Days)
4
Exchange-reported sessions
Security Status
Secured
Callable

Observations

  • This bond is secured.
  • 4 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.35 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 2026
Instrument Type
NCD
Issue Date
11 Mar 2026
Day Count Convention
—
Listed Exchange
Not listed
Call / Put Option
Callable & Puttable

Hero Solar Energy 9.85% Mar 2029 NCD is a secured NCD issued by Hero Solar Energy Private Limited. It pays a 9.85% p.a. coupon, quarterly. Principal is repaid at maturity. The issuer holds the right to redeem it before the maturity date.

Rating Action History

1 actions

Agency actions on Hero Solar Energy Private Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

DateAgencyActionRatingOutlookRationale
2026-06-19 CRISIL Update — — View →
Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →

Rating Actions on Hero Solar Energy Private Limited

last 12 months

Agencies 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.

DateAgencyActionRatingRationale
2026-06-19 CRISIL Update — View →
Alert me about Hero Solar Energy Private Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Recent Market Prices

Recent BSE trades for INE316W07138: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-11-05 99.4100 11.1000 2
2026-11-04 99.2700 11.3000 1
2026-10-16 99.2300 11.3000 1
2026-10-08 100.1600 10.0000 1
2026-10-07 99.2000 11.3100 1
2026-06-30 99.9700 10.2500 1

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL (NSDL record) 2025-09-26
Rating Actions History 1 — 2026-06-19
Secondary-Market Trades 6 BSE 2026-11-05
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.

Documents

Entity metadata
Source
NSDL debt master
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.

Current Price (Clean)
₹24,85,250.00
YTM11.10%
Trade Date 5 Nov 2026 3d ago
SourceBSE
Calculate YTM for this bond
Bond Snapshot
ISIN
INE316W07138
Issue Date
11 Mar 2026
Maturity Date
11 Mar 2029
Listing
Not listed
Payment Frequency
Quarterly
Put / Call Option
Both
Security
Secured
Day Count
—
Rating Alerts

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Frequently Asked Questions
What is the coupon rate on Hero Solar Energy 9.85% Mar 2029 NCD?

Hero Solar Energy 9.85% Mar 2029 NCD carries a coupon of 9.85%, paid quarterly, on a face value of ₹25,00,000.

When does Hero Solar Energy 9.85% Mar 2029 NCD mature?

Hero Solar Energy 9.85% Mar 2029 NCD matures on 11 Mar 2029, 2.3 years from today.

What is Hero Solar Energy 9.85% Mar 2029 NCD rated?

No current rating from an agency or exchange is on file for Hero Solar Energy 9.85% Mar 2029 NCD. NSDL's debt master records a rating of A+ by CRISIL, dated 26 Sep 2025, often from the time of issue, so it may be out of date.

Is Hero Solar Energy 9.85% Mar 2029 NCD secured?

Hero Solar Energy 9.85% Mar 2029 NCD is a secured bond.

Can Hero Solar Energy 9.85% Mar 2029 NCD be called or put back early?

Hero Solar Energy 9.85% Mar 2029 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

Where does Hero Solar Energy 9.85% Mar 2029 NCD trade?

Hero Solar Energy 9.85% Mar 2029 NCD is not listed on a stock exchange, so there is no exchange price for it.

What yield does Hero Solar Energy 9.85% Mar 2029 NCD currently offer?

The last recorded trade on 5 Nov 2026 priced Hero Solar Energy 9.85% Mar 2029 NCD at ₹24,85,250.00 per bond, implying a yield to maturity of 11.10%.

More Bonds from This Issuer

H
Hero Solar Energy 9.90% Aug 2028 NCD
INE316W07104
A+ NSDL record, 2025
Coupon
9.90%
Maturity
21 Aug 2028
H
Hero Solar Energy 10.00% Sep 2028 NCD
INE316W07112
A+ NSDL record, 2025
Coupon
10.00%
Maturity
30 Sep 2028
H
Hero Solar Energy Feb 2029 NCD
INE316W07120
A+ NSDL record, 2025
Coupon
—
Maturity
27 Feb 2029
H
Hero Solar Energy 9.70% Jun 2030 NCD
INE316W07146
AA- NSDL record, 2026
Coupon
9.70%
Maturity
25 Jun 2030
Compare (/) Compare Bonds

Comparable NCDs maturing near 2029

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 9.85%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE02VP07065IKF Home Finance LimitedA-9.80%2028-03-24
INE046W07297Muthoot Microfin LimitedA+9.80%2028-09-23
INE549K08384Muthoot Fincorp LimitedAA- NSDL record, 20229.90%2028-05-05
INE08E807159Shri Ram Finance Corporation Private LimitedA NSDL record, 20269.90%2029-01-22
INE04VS07552Oxyzo Financial Services LimitedA9.90%2029-10-15
INE07HK07882Krazybee Services LimitedA+9.90%2028-08-25

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