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Incred Financial Services 8.80% Oct 2028 NCD (INE321N07772)

NCD

Incred Financial Services Limited

Taxable, Redeemable NCD

Browse: bonds maturing in 2028

38 more bonds from Incred Financial Services Limited →
Current YTM
10.00%
Market YTM
Coupon Rate
8.80%
Per annum
Maturity Date
10 Oct 2028
1.9 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹1,00,000
Per Bond

Market Position

YTM (Annual)
10.00%
Last traded 6 Nov 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+308 bps
vs 1.9Y G-Sec at 6.92%
Above the median spread for similar-tenor peers
Tenure
1.9 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
26 Oct 20266 Nov 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

14 Jan 2027
Interest Payment
₹2,200.00 / Bond
₹1,980.00 net of 10% TDS (est.)
14 Apr 2027
Interest Payment
₹2,200.00 / Bond
₹1,980.00 net of 10% TDS (est.)
14 Jul 2027
Interest Payment
₹2,200.00 / Bond
₹1,980.00 net of 10% TDS (est.)
14 Oct 2027
Interest Payment
₹2,200.00 / Bond
₹1,980.00 net of 10% TDS (est.)
14 Jan 2028
Interest Payment
₹2,200.00 / Bond
₹1,980.00 net of 10% TDS (est.)
14 Apr 2028
Interest Payment
₹2,200.00 / Bond
₹1,980.00 net of 10% TDS (est.)
14 Jul 2028
Interest Payment
₹2,200.00 / Bond
₹1,980.00 net of 10% TDS (est.)
10 Oct 2028
Final coupon (part period) + principal
₹1,02,104.35 / Bond
₹2,104.35 coupon + ₹1,00,000 face value

8 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 14 Oct 2026 Matures 10 Oct 2028

Key Metrics

Coupon Rate
8.80%
YTM (Annual)
10.00%
Credit Rating
—
No rating on file for this ISIN; issuer rating below
Remaining Tenure
1.9 Years

No rating on file for this ISIN. Issuer rating: AA- (CRISIL), reaffirmed 1 Oct 2026 — the agency's rating of the issuer's debt, which may not cover this bond. Agency rationale →

Advanced metrics
Modified Duration
1.73 Yrs
Macaulay Duration
1.77 Yrs
Issue Size
—
Face Value
₹1,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
1.73 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
6 Nov 2026
NSE OTC (WAP)
Trades (30 Days)
14
Exchange-reported sessions
Security Status
—
No call option

Observations

  • No public credit rating is available for this bond.
  • 14 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.40 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 18 Oct 2026
Instrument Type
NCD
Issue Date
14 Oct 2026
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

Incred Financial Services 8.80% Oct 2028 NCD is an NCD issued by Incred Financial Services Limited. It pays an 8.80% p.a. coupon, quarterly. Principal is repaid at maturity.

Rating Action History

5 actions

Agency actions on Incred Financial Services Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

DateAgencyActionRatingOutlookRationale
2026-10-01 CRISIL Reaffirm AA- Stable View →
2026-09-24 CRISIL Update — — View →
2026-09-24 CRISIL Update — — View →
2026-09-16 CRISIL Update — — View →
2026-07-13 CRISIL Initial AA- Stable View →
Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on Incred Financial Services 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
2026-10-01 CRISIL Reaffirm AA- / Stable View →
2026-09-24 CRISIL Update — View →
2026-09-16 CRISIL Update — View →
2026-07-13 CRISIL Initial AA- / Stable View →
Alert me about Incred Financial Services 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 INE321N07772: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-11-06 98.5577 10.0000 —
2026-11-05 98.5559 10.0000 4
2026-11-04 98.5541 10.0000 2
2026-11-03 98.5524 10.0000 2
2026-11-02 98.5506 10.0000 4
2026-10-30 98.5454 10.0000 4
2026-10-29 98.5437 10.0000 1
2026-10-28 98.5420 10.0000 3
2026-10-27 98.5403 10.0000 —
2026-10-26 98.5386 10.0000 1

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 0 — —
Rating Actions History 5 — 2026-10-01
Secondary-Market Trades 10 NSE OTC (WAP) 2026-11-06
Reg52(4) Payment Disclosures 0 — —
  • No public credit rating on file for this bond.

Documents

Entity metadata
Source
NSDL debt master
Last Updated
18 Oct 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)
₹98,557.70
YTM10.00%
Trade Date 6 Nov 2026 2d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹717.39
Dirty price (est.)₹99,275.09
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE321N07772
Issue Date
14 Oct 2026
Maturity Date
10 Oct 2028
Listing
—
Payment Frequency
Quarterly
Put / Call Option
None disclosed
Security
—
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on Incred Financial Services 8.80% Oct 2028 NCD?

Incred Financial Services 8.80% Oct 2028 NCD carries a coupon of 8.80%, paid quarterly, on a face value of ₹1,00,000.

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

Incred Financial Services 8.80% Oct 2028 NCD matures on 10 Oct 2028, 1.9 years from today.

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

The last recorded trade on 6 Nov 2026 priced Incred Financial Services 8.80% Oct 2028 NCD at ₹98,557.70 per bond, implying a yield to maturity of 10.00%.

More Bonds from This Issuer

I
Incred Financial Services 9.84% Nov 2026 NCD
INE321N07376
A+ NSDL record, 2023
Coupon
9.84%
Maturity
10 Nov 2026
I
Incred Financial Services 10.30% Nov 2026 NCD
INE321N07368
A+ NSDL record, 2023
Coupon
10.30%
Maturity
10 Nov 2026
I
Incred Financial Services 9.50% Dec 2026 NCD
INE321N07483
AA-
Coupon
9.50%
Maturity
11 Dec 2026
I
Incred Financial Services 9.50% Dec 2026 NCD
INE321N07491
AA-
Coupon
9.50%
Maturity
31 Dec 2026
Compare (/) Compare Bonds

Comparable NCDs maturing near 2028

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 8.80%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE148I08306Sammaan Capital LimitedAAA NSDL record, 20188.80%2028-03-27
INE549K07HD3Muthoot Fincorp LimitedAA-8.80%2028-12-12
INE115A07NU6LIC Housing Finance LimitedAAA NSDL record, 20198.80%2029-01-25
INE039A09PU9IFCI LimitedB+8.76%2029-03-31
INE756I08181HDB Financial Services LimitedAAA8.85%2029-06-07
INE549K07HB7Muthoot Fincorp LimitedAA-8.85%2028-10-29

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