I

Incred Financial Services 8.80% Jun 2028 NCD

AA- Secured NCD

Incred Financial Services Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
9.51%
Market YTM
Coupon Rate
8.80%
Per annum
Maturity Date
12 Jun 2028
1.8 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
9.51%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+426 bps
vs 1.8Y G-Sec at 5.25%
Above the median spread for similar-tenor peers
Tenure
1.8 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-10 2026-08-27
Cashflow Timeline
16 Sep 2026
Interest Payment
₹2,200.00 / Bond
16 Dec 2026
Interest Payment
₹2,200.00 / Bond
16 Mar 2027
Interest Payment
₹2,200.00 / Bond
16 Jun 2027
Interest Payment
₹2,200.00 / Bond
16 Sep 2027
Interest Payment
₹2,200.00 / Bond
16 Dec 2027
Interest Payment
₹2,200.00 / Bond
16 Mar 2028
Interest Payment
₹2,200.00 / Bond
12 Jun 2028
Principal Payment
₹100,000.00 / Bond

Next 7 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 2026-06-16 Matures 2028-06-12

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

Key Metrics
Coupon Rate
8.80%
YTM (Annual)
9.51%
Credit Rating
AA-
(CRISIL)
Remaining Tenure
1.8 Years
Advanced metrics
Modified Duration
1.60 Yrs
Macaulay Duration
1.64 Yrs
Issue Size
₹150 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.60 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-27
NSE OTC (WAP)
Trades (30 Days)
19
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 19 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.20 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2026-06-16
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Incred Financial Services Limited issued this secured, rated, ncd (8.80% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 12/06/2028) carrying a 8.80% 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
2026-08-27 101.3900 9.5064 1
2026-08-24 99.9700 9.1100 3
2026-08-21 99.8100 9.2100 2
2026-08-20 101.0700 9.6413 6
2026-08-19 100.5500 8.7300 1
2026-08-18 100.9800 9.3225 3
2026-08-14 100.0600 9.0500 3
2026-08-13 100.1300 9.0100 2
2026-08-12 100.1100 9.0200 2
2026-08-10 99.5800 9.3500 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2026-05-19
Rating Actions History 7 2026-08-21
Secondary-Market Trades 10 NSE OTC (WAP) 2026-08-27
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 2026

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Frequently Asked Questions
What is the coupon rate on Incred Financial Services 8.80% Jun 2028 NCD?

Incred Financial Services 8.80% Jun 2028 NCD carries a coupon of 8.80%, paid quarterly, on a face value of ₹100,000.

When does Incred Financial Services 8.80% Jun 2028 NCD mature?

Incred Financial Services 8.80% Jun 2028 NCD matures on 2028-06-12, 1.8 years from today.

What is Incred Financial Services 8.80% Jun 2028 NCD rated?

Incred Financial Services 8.80% Jun 2028 NCD is rated AA- by CRISIL. As of 2026-05-19.

Is Incred Financial Services 8.80% Jun 2028 NCD secured?

Incred Financial Services 8.80% Jun 2028 NCD is a secured bond.

What yield does Incred Financial Services 8.80% Jun 2028 NCD currently offer?

The last recorded trade on 2026-08-27 priced Incred Financial Services 8.80% Jun 2028 NCD at ₹101.39, implying a yield to maturity of 9.51%.

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