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Light Microfinance 14.50% May 2029 NCD (INE366T08020)

CRISIL BBB+ Unsecured NCD

Light Microfinance Private Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: BBB rated bonds · bonds maturing in 2029

5 more bonds from Light Microfinance Private Limited →
Current YTM
—
No market YTM available
Coupon Rate
14.50%
Per annum
Maturity Date
28 May 2029
2.6 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹1,00,000
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
2.6 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

28 Nov 2026
Interest Payment
₹1,208.33 / Bond
₹1,087.50 net of 10% TDS (est.)
28 Dec 2026
Interest Payment
₹1,208.33 / Bond
₹1,087.50 net of 10% TDS (est.)
28 Jan 2027
Interest Payment
₹1,208.33 / Bond
₹1,087.50 net of 10% TDS (est.)
28 Feb 2027
Interest Payment
₹1,208.33 / Bond
₹1,087.50 net of 10% TDS (est.)
28 Mar 2027
Interest Payment
₹1,208.33 / Bond
₹1,087.50 net of 10% TDS (est.)
28 Apr 2027
Interest Payment
₹1,208.33 / Bond
₹1,087.50 net of 10% TDS (est.)
28 May 2027
Interest Payment
₹1,208.33 / Bond
₹1,087.50 net of 10% TDS (est.)
28 Jun 2027
Interest Payment
₹1,208.33 / Bond
₹1,087.50 net of 10% TDS (est.)
…
+22 more coupons until 28 Apr 2029
₹1,208.33 each / Bond
28 May 2029
Final coupon + principal
₹1,01,208.33 / Bond
₹1,208.33 coupon + ₹1,00,000 face value

31 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 28 Dec 2023 Matures 28 May 2029

Key Metrics

Coupon Rate
14.50%
YTM (Annual)
—
Credit Rating
BBB+
(CRISIL) · rated 31 Jan 2024, 2 years ago
Over 15 months old; see below
Remaining Tenure
2.6 Years

BBB+ (CRISIL): Rated 31 Jan 2024 (2 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics
Modified Duration
2.11 Yrs
Macaulay Duration
2.14 Yrs
Issue Size
₹30 Cr
Minimum Investment
₹1,00,000
1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

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

Observations

  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 4.30 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
Issuer
Light Microfinance Private Limited
Instrument Type
NCD
Issue Date
28 Dec 2023
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Light Microfinance Private Limited issued Light Microfinance 14.50% May 2029 NCD, an unsecured, rated NCD. It pays a 14.50% p.a. coupon, monthly. Principal is repaid at maturity.

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 1 CRISIL 2024-01-31
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
BSE
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
INE366T08020
Issue Date
28 Dec 2023
Maturity Date
28 May 2029
Listing
BSE
Payment Frequency
Monthly
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on Light Microfinance 14.50% May 2029 NCD?

Light Microfinance 14.50% May 2029 NCD carries a coupon of 14.50%, paid monthly, on a face value of ₹1,00,000.

When does Light Microfinance 14.50% May 2029 NCD mature?

Light Microfinance 14.50% May 2029 NCD matures on 28 May 2029, 2.6 years from today.

What is Light Microfinance 14.50% May 2029 NCD rated?

Light Microfinance 14.50% May 2029 NCD is rated BBB+ by CRISIL (rating dated 31 Jan 2024).

Is Light Microfinance 14.50% May 2029 NCD secured?

Light Microfinance 14.50% May 2029 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Light Microfinance 14.50% May 2029 NCD trade?

Light Microfinance 14.50% May 2029 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
View Details
L
Light Microfinance 13.06% May 2027 NCD
INE366T07154
BBB+
Coupon
13.06%
Maturity
28 May 2027
View Details
L
Light Microfinance 12.00% Oct 2027 NCD
INE366T07204
BBB+
Coupon
12.00%
Maturity
31 Oct 2027
View Details
L
Light Microfinance 11.90% May 2028 NCD
INE366T07188
BBB+
Coupon
11.90%
Maturity
30 May 2028
View Details
Compare (/) Compare Bonds

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INE179P08066Dvara Kshetriya Gramin Financial Services Private LimitedBBB+ NSDL record, 202414.30%2029-05-28
INE003L07077Embassy Property Developments Private LimitedBBB14.25%2030-03-02
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