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Light Microfinance 12.00% Oct 2027 NCD (INE366T07204)

CRISIL BBB+ / Stable Secured NCD

Light Microfinance Private Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: BBB rated bonds · bonds maturing in 2027

5 more bonds from Light Microfinance Private Limited →
Current YTM
—
No market YTM available
Coupon Rate
12.00%
Per annum
Maturity Date
31 Oct 2027
1.0 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹10,000
Per Bond

Market Position

YTM (Annual)
—
No trade with a usable price on record
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
1.0 Years
Remaining to maturity

Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.

Showing last 10 trades.

Cashflow Timeline

21 Nov 2026
Interest Payment
₹100.00 / Bond
₹90.00 net of 10% TDS (est.)
21 Dec 2026
Interest Payment
₹100.00 / Bond
₹90.00 net of 10% TDS (est.)
21 Jan 2027
Interest Payment
₹100.00 / Bond
₹90.00 net of 10% TDS (est.)
21 Feb 2027
Interest Payment
₹100.00 / Bond
₹90.00 net of 10% TDS (est.)
21 Mar 2027
Interest Payment
₹100.00 / Bond
₹90.00 net of 10% TDS (est.)
21 Apr 2027
Interest Payment
₹100.00 / Bond
₹90.00 net of 10% TDS (est.)
21 May 2027
Interest Payment
₹100.00 / Bond
₹90.00 net of 10% TDS (est.)
21 Jun 2027
Interest Payment
₹100.00 / Bond
₹90.00 net of 10% TDS (est.)
…
+4 more coupons until 21 Oct 2027
₹100.00 each / Bond
31 Oct 2027
Final coupon (part period) + principal
₹10,032.26 / Bond
₹32.26 coupon + ₹10,000 face value

13 coupons remaining, the last paid with principal at maturity · per ₹10,000 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 21 Apr 2026 Matures 31 Oct 2027

Key Metrics

Coupon Rate
12.00%
YTM (Annual)
—
Credit Rating
BBB+
(CRISIL) · rated 30 Apr 2026, 6 months ago
Remaining Tenure
1.0 Years
Advanced metrics
Modified Duration
0.91 Yrs
Macaulay Duration
0.92 Yrs
Issue Size
₹30 Cr
Minimum Investment
₹10,000
1 bond × ₹10,000 face value (BSE market lot)

Market Characteristics

Modified Duration
0.91 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
—
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
No call option

Observations

  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 1.80 percentage points above the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 7 Nov 2026
Instrument Type
NCD
Issue Date
21 Apr 2026
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Light Microfinance Private Limited issued Light Microfinance 12.00% Oct 2027 NCD, a secured, rated NCD. It pays a 12.00% p.a. coupon, monthly. Principal is repaid at maturity.

Rating Timeline

2 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

DateAgencyRatingOutlookStatusSource
30 Apr 2026 CRISIL BBB+ Stable Latest BSE listing
2026 CRISIL BBB+ — NSDL record, 2026 NSDL debt master

Rating Action History

1 actions

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

DateAgencyActionRatingOutlookRationale
2026-08-17 CRISIL Update — — View →
Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on Light Microfinance Private 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
2026-08-17 CRISIL Update — View →
Alert me about Light Microfinance Private 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.

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL 2026-04-30
Rating Actions History 1 — 2026-08-17
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 0 — —
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata
Source
NSDL debt master
Last Updated
7 Nov 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)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE366T07204
Issue Date
21 Apr 2026
Maturity Date
31 Oct 2027
Listing
BSE
Payment Frequency
Monthly
Put / Call Option
None disclosed
Security
Secured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

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Frequently Asked Questions
What is the coupon rate on Light Microfinance 12.00% Oct 2027 NCD?

Light Microfinance 12.00% Oct 2027 NCD carries a coupon of 12.00%, paid monthly, on a face value of ₹10,000.

When does Light Microfinance 12.00% Oct 2027 NCD mature?

Light Microfinance 12.00% Oct 2027 NCD matures on 31 Oct 2027, 1.0 years from today.

What is Light Microfinance 12.00% Oct 2027 NCD rated?

Light Microfinance 12.00% Oct 2027 NCD is rated BBB+ by CRISIL (rating dated 30 Apr 2026).

Is Light Microfinance 12.00% Oct 2027 NCD secured?

Light Microfinance 12.00% Oct 2027 NCD is a secured bond.

Where does Light Microfinance 12.00% Oct 2027 NCD trade?

Light Microfinance 12.00% Oct 2027 NCD is listed on BSE.

More Bonds from This Issuer

L
Light Microfinance 13.06% Jan 2027 NCD
INE366T07147
Coupon
13.06%
Maturity
04 Jan 2027
L
Light Microfinance 13.06% May 2027 NCD
INE366T07154
BBB+
Coupon
13.06%
Maturity
28 May 2027
L
Light Microfinance 11.90% May 2028 NCD
INE366T07188
BBB+
Coupon
11.90%
Maturity
30 May 2028
L
Light Microfinance 12.95% Jul 2028 NCD
INE366T07196
BBB+
Coupon
12.95%
Maturity
28 Jul 2028
Compare (/) Compare Bonds

Comparable NCDs maturing near 2027

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 12.00%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE08XP07431Akara Capital Advisors Private LimitedBBB12.00%2027-06-11
INE08XP07423Akara Capital Advisors Private LimitedBBB12.00%2027-05-21
INE08XP07399Akara Capital Advisors Private LimitedBBB-12.00%2027-04-13
INE0NES07303Keertana Finserv LimitedBBB+12.00%2028-05-10
INE916Y07032Akme Fintrade (India) LimitedBBB+ NSDL record, 202512.00%2027-08-22
INE916Y07040Akme Fintrade (India) LimitedBBB+ NSDL record, 202512.00%2027-09-15

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