I

Incred Financial Services 9.50% May 2027 NCD

AA Secured NCD

Incred Financial Services Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2027

Current YTM
8.80%
Market YTM
Coupon Rate
9.50%
Per annum
Maturity Date
28 May 2027
0.7 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.80%
Live, last traded 2026-08-25
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+298 bps
vs 0.7Y G-Sec at 5.82%
Below the median spread for similar-tenor peers
Tenure
0.7 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-03 2026-08-25
Cashflow Timeline
28 Nov 2026
Interest Payment
₹2,375.00 / Bond
28 Feb 2027
Interest Payment
₹2,375.00 / Bond
28 May 2027
Principal Payment
₹100,000.00 / Bond

Next 2 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 2025-05-28 Matures 2027-05-28

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

Key Metrics
Coupon Rate
9.50%
YTM (Annual)
8.80%
Credit Rating
AA
(CRISIL)
Remaining Tenure
0.7 Years
Advanced metrics
Modified Duration
0.71 Yrs
Macaulay Duration
0.73 Yrs
Issue Size
₹450 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
0.71 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-25
BSE
Trades (30 Days)
4
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 4 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.50 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2025-05-28
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by Incred Financial Services Limited, IFSL-9.5%-28-5-27-PVT is a secured, rated, ncd paying a 9.50% p.a. coupon quarterly. The instrument 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
2026-08-25 100.7100 8.8000 1
2026-08-18 101.0900 8.2900 2
2026-08-10 100.9700 8.4800 2
2026-08-05 100.8000 8.7300 2
2026-07-23 100.5100 9.1600 2
2026-07-22 100.0800 9.7300 2
2026-07-21 101.0700 8.4300 2
2026-07-15 101.1100 8.4100 2
2026-07-09 99.8500 10.0300 2
2026-07-03 100.0800 9.7300 2
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2025-06-30
Rating Actions History 7 2026-08-21
Secondary-Market Trades 10 BSE 2026-08-25
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 9.50% May 2027 NCD?

Incred Financial Services 9.50% May 2027 NCD carries a coupon of 9.50%, paid quarterly, on a face value of ₹100,000.

When does Incred Financial Services 9.50% May 2027 NCD mature?

Incred Financial Services 9.50% May 2027 NCD matures on 2027-05-28, 0.7 years from today.

What is Incred Financial Services 9.50% May 2027 NCD rated?

Incred Financial Services 9.50% May 2027 NCD is rated AA by CRISIL. As of 2025-06-30.

Is Incred Financial Services 9.50% May 2027 NCD secured?

Incred Financial Services 9.50% May 2027 NCD is a secured bond.

Where does Incred Financial Services 9.50% May 2027 NCD trade?

Incred Financial Services 9.50% May 2027 NCD is listed on BSE.

What yield does Incred Financial Services 9.50% May 2027 NCD currently offer?

The last recorded trade on 2026-08-25 priced Incred Financial Services 9.50% May 2027 NCD at ₹100.71, implying a yield to maturity of 8.80%.

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