V
AA / Stable Secured NCD

Veritas Finance Ltd

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2029

Current YTM
10.01%
Market YTM
Coupon Rate
8.85%
Per annum
Maturity Date
19 Sep 2029
3.1 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
10.01%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+405 bps
vs 3.1Y G-Sec at 5.96%
Above the median spread for similar-tenor peers
Tenure
3.1 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-23 2026-08-27
Cashflow Timeline
19 Sep 2026
Interest Payment
₹2,212.50 / Bond
19 Dec 2026
Interest Payment
₹2,212.50 / Bond
19 Mar 2027
Interest Payment
₹2,212.50 / Bond
19 Jun 2027
Interest Payment
₹2,212.50 / Bond
19 Sep 2027
Interest Payment
₹2,212.50 / Bond
19 Dec 2027
Interest Payment
₹2,212.50 / Bond
19 Mar 2028
Interest Payment
₹2,212.50 / Bond
19 Jun 2028
Interest Payment
₹2,212.50 / Bond
19 Sep 2029
Principal Payment
₹100,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2025-09-19 Matures 2029-09-19
Key Metrics
Coupon Rate
8.85%
YTM (Annual)
10.01%
Credit Rating
AA
(CARE)
Remaining Tenure
3.1 Years
Advanced metrics
Modified Duration
2.59 Yrs
Macaulay Duration
2.66 Yrs
Issue Size
₹75 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
2.59 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-27
BSE
Trades (30 Days)
8
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 8 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.15 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
2025-09-19
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Veritas Finance Ltd issued this secured, rated, ncd (VFL-8.85%-19-09-29-PVT) carrying a 8.85% p.a. coupon, paid quarterly. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 98.1000 10.0100 2
2026-08-24 98.6511 9.7427 1
2026-08-18 98.1300 9.9800 3
2026-08-13 98.5300 9.8000 1
2026-08-12 98.6100 9.7600 2
2026-08-10 98.0845 10.0000 1
2026-08-07 98.0478 10.0002 None
2026-08-05 98.5200 9.8000 1
2026-07-24 98.0400 10.0100 2
2026-07-23 97.8333 10.1000 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2025-09-30
Rating Actions History 0
Secondary-Market Trades 10 BSE 2026-08-27
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 VERITAS FINANCE 8.85% Sep 2029 NCD?

VERITAS FINANCE 8.85% Sep 2029 NCD carries a coupon of 8.85%, paid quarterly, on a face value of ₹100,000.

When does VERITAS FINANCE 8.85% Sep 2029 NCD mature?

VERITAS FINANCE 8.85% Sep 2029 NCD matures on 2029-09-19, 3.1 years from today.

What is VERITAS FINANCE 8.85% Sep 2029 NCD rated?

VERITAS FINANCE 8.85% Sep 2029 NCD is rated AA by CARE. As of 2025-09-30.

Is VERITAS FINANCE 8.85% Sep 2029 NCD secured?

VERITAS FINANCE 8.85% Sep 2029 NCD is a secured bond.

Where does VERITAS FINANCE 8.85% Sep 2029 NCD trade?

VERITAS FINANCE 8.85% Sep 2029 NCD is listed on BSE.

What yield does VERITAS FINANCE 8.85% Sep 2029 NCD currently offer?

The last recorded trade on 2026-08-27 priced VERITAS FINANCE 8.85% Sep 2029 NCD at ₹98.10, implying a yield to maturity of 10.01%.

More Bonds from This Issuer
V
Veritas Finance 9.75% Nov 2026 NCD
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Maturity
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Veritas Finance 9.75% Jun 2027 NCD
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Coupon
9.75%
Maturity
25 Jun 2027
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Veritas Finance 9.65% Nov 2027 NCD
A
Coupon
9.65%
Maturity
13 Nov 2027
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Veritas Finance 9.65% Feb 2028 NCD
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Coupon
9.65%
Maturity
21 Feb 2028
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