I

Incred Financial Services 9.50% Dec 2026 NCD

AA / Stable Secured NCD

Incred Financial Services Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2026

Current YTM
8.75%
Market YTM
Coupon Rate
9.50%
Per annum
Maturity Date
11 Dec 2026
0.3 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.75%
Live, last traded 2026-08-26
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+325 bps
vs 0.3Y G-Sec at 5.50%
Below the median spread for similar-tenor peers
Tenure
0.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-06 2026-08-26
Cashflow Timeline
11 Sep 2026
Interest Payment
₹2,375.00 / Bond
11 Dec 2026
Principal Payment
₹100,000.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: AA by CRISIL on 2026-08-21 Initial rating: AA by CRISIL on 2026-08-06 Initial rating: AA by CRISIL on 2026-08-05 Initial rating: AA by CRISIL on 2026-07-13 Initial rating: AA by CRISIL on 2026-07-03 Rating action: AA by CRISIL on 2026-06-25 Rating action: AA by CRISIL on 2026-06-16 Issued 2024-12-11 Matures 2026-12-11

7 rating actions on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
9.50%
YTM (Annual)
8.75%
Credit Rating
AA
(ICRA)
Remaining Tenure
0.3 Years
Advanced metrics
Modified Duration
0.27 Yrs
Macaulay Duration
0.28 Yrs
Issue Size
₹90 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
0.27 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-26
NSE OTC (WAP)
Trades (30 Days)
13
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 13 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.50 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2024-12-11
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Incred Financial Services Limited issued this secured, rated, ncd (IFSL-9.50%-11-12-26-PVT) carrying a 9.50% p.a. coupon, paid quarterly. It repays principal on maturity.

Rating Action History 7 actions
DateAgencyActionRatingOutlookRationale
2026-08-21 CRISIL Other AA View →
2026-08-06 CRISIL Initial AA View →
2026-08-05 CRISIL Initial AA View →
2026-07-13 CRISIL Initial AA Stable View →
2026-07-03 CRISIL Initial AA View →
2026-06-25 CRISIL Other AA View →
2026-06-16 CRISIL Other AA View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-26 100.2920 8.7500 None
2026-08-25 100.2920 8.7500 None
2026-08-24 100.1700 9.2000 2
2026-08-21 100.3900 8.4500 2
2026-08-19 100.6000 7.7400 2
2026-08-18 100.3098 8.7500 None
2026-08-12 100.6100 7.8200 2
2026-08-11 100.3279 8.7500 None
2026-08-10 100.6300 7.7900 2
2026-08-06 100.2930 8.9000 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2024-12-31
Rating Actions History 7 2026-08-21
Secondary-Market Trades 10 NSE OTC (WAP) 2026-08-26
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 2026

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Frequently Asked Questions
What is the coupon rate on Incred Financial Services 9.50% Dec 2026 NCD?

Incred Financial Services 9.50% Dec 2026 NCD carries a coupon of 9.50%, paid quarterly, on a face value of ₹100,000.

When does Incred Financial Services 9.50% Dec 2026 NCD mature?

Incred Financial Services 9.50% Dec 2026 NCD matures on 2026-12-11, 0.3 years from today.

What is Incred Financial Services 9.50% Dec 2026 NCD rated?

Incred Financial Services 9.50% Dec 2026 NCD is rated AA by ICRA. As of 2024-12-31.

Is Incred Financial Services 9.50% Dec 2026 NCD secured?

Incred Financial Services 9.50% Dec 2026 NCD is a secured bond.

Where does Incred Financial Services 9.50% Dec 2026 NCD trade?

Incred Financial Services 9.50% Dec 2026 NCD is listed on BSE.

What yield does Incred Financial Services 9.50% Dec 2026 NCD currently offer?

The last recorded trade on 2026-08-26 priced Incred Financial Services 9.50% Dec 2026 NCD at ₹100.29, implying a yield to maturity of 8.75%.

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Incred Financial Services 9.50% Sep 2026 NCD
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