I

Incred Financial Services 9.60% Aug 2027 NCD

AA / Stable Secured NCD

Incred Financial Services Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2027

Current YTM
8.49%
Market YTM
Coupon Rate
9.60%
Per annum
Maturity Date
16 Aug 2027
1.0 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.49%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+278 bps
vs 1.0Y G-Sec at 5.71%
Below the median spread for similar-tenor peers
Tenure
1.0 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-13 2026-08-27
Cashflow Timeline
17 Nov 2026
Interest Payment
₹2,400.00 / Bond
17 Feb 2027
Interest Payment
₹2,400.00 / Bond
17 May 2027
Interest Payment
₹2,400.00 / Bond
16 Aug 2027
Principal Payment
₹100,000.00 / Bond

Next 3 coupons + 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 2025-02-17 Matures 2027-08-16

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

Key Metrics
Coupon Rate
9.60%
YTM (Annual)
8.49%
Credit Rating
AA
(ICRA)
Remaining Tenure
1.0 Years
Advanced metrics
Modified Duration
0.91 Yrs
Macaulay Duration
0.93 Yrs
Issue Size
₹200 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
0.91 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-27
BSE
Trades (30 Days)
20
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 20 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.40 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
2025-02-17
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Incred Financial Services Limited issued this secured, rated, ncd (IFSL-9.60%-16-8-27-PVT) carrying a 9.60% 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
2026-08-27 101.2700 8.4900 2
2026-08-26 100.3865 9.5000 None
2026-08-25 100.3865 9.5000 6
2026-08-21 100.3917 9.5000 None
2026-08-20 100.3930 9.5000 2
2026-08-19 100.3943 9.5000 4
2026-08-18 100.3957 9.5000 2
2026-08-17 100.3700 9.5400 2
2026-08-14 100.4010 9.5000 None
2026-08-13 100.4024 9.5000 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2025-02-28
Rating Actions History 7 2026-08-21
Secondary-Market Trades 10 BSE 2026-08-27
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 Incred Financial Services 9.60% Aug 2027 NCD?

Incred Financial Services 9.60% Aug 2027 NCD carries a coupon of 9.60%, paid quarterly, on a face value of ₹100,000.

When does Incred Financial Services 9.60% Aug 2027 NCD mature?

Incred Financial Services 9.60% Aug 2027 NCD matures on 2027-08-16, 1.0 years from today.

What is Incred Financial Services 9.60% Aug 2027 NCD rated?

Incred Financial Services 9.60% Aug 2027 NCD is rated AA by ICRA. As of 2025-02-28.

Is Incred Financial Services 9.60% Aug 2027 NCD secured?

Incred Financial Services 9.60% Aug 2027 NCD is a secured bond.

Where does Incred Financial Services 9.60% Aug 2027 NCD trade?

Incred Financial Services 9.60% Aug 2027 NCD is listed on BSE.

What yield does Incred Financial Services 9.60% Aug 2027 NCD currently offer?

The last recorded trade on 2026-08-27 priced Incred Financial Services 9.60% Aug 2027 NCD at ₹101.27, implying a yield to maturity of 8.49%.

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