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Veritas Finance 8.50% Jun 2028 NCD (INE448U07323)

CARE AA- · NSDL record, 2025 Secured NCD

Veritas Finance Limited

Secured, Taxable, Redeemable NCD

Browse: bonds maturing in 2028

15 more bonds from Veritas Finance Limited →
Current YTM
—
No market YTM available
Coupon Rate
8.50%
Per annum
Maturity Date
23 Jun 2028
1.6 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹10,00,000
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
1.6 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

23 Dec 2026
Interest Payment
₹42,500.00 / Bond
₹38,250.00 net of 10% TDS (est.)
23 Jun 2027
Interest Payment
₹42,500.00 / Bond
₹38,250.00 net of 10% TDS (est.)
23 Dec 2027
Interest Payment
₹42,500.00 / Bond
₹38,250.00 net of 10% TDS (est.)
23 Jun 2028
Final coupon + principal
₹10,42,500.00 / Bond
₹42,500.00 coupon + ₹10,00,000 face value

4 coupons remaining, the last paid with principal at maturity · per ₹10,00,000 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 23 Jun 2022 Matures 23 Jun 2028

Key Metrics

Coupon Rate
8.50%
YTM (Annual)
—
Credit Rating
AA-
Rating on NSDL record (CARE, 2025)
Not a current agency rating; see below
Remaining Tenure
1.6 Years

AA- (CARE): Rating on NSDL record (CARE, 2025), dated 30 Sep 2025. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date. CARE's latest action on the issuer (13 Oct 2026) is AA.

Advanced metrics
Modified Duration
1.44 Yrs
Macaulay Duration
1.50 Yrs
Issue Size
₹150 Cr
Face Value
₹10,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
1.44 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
—
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
Callable

Observations

  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 1.70 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 16 Jul 2026
Instrument Type
NCD
Issue Date
23 Jun 2022
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
Callable & Puttable

Veritas Finance 8.50% Jun 2028 NCD is a secured NCD issued by Veritas Finance Limited. It pays an 8.50% p.a. coupon, semi-annually. Principal is repaid at maturity. The issuer holds the right to redeem it before the maturity date.

Rating Action History

1 actions

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

DateAgencyActionRatingOutlookRationale
2026-10-13 CARE Reaffirm AA Stable NSE filing →
Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on Veritas Finance 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
2026-10-13 CARE Reaffirm AA / Stable NSE filing →
Alert me about Veritas Finance 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 CARE (NSDL record) 2025-09-30
Rating Actions History 1 — 2026-10-13
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 0 — —
  • No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.
  • 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
16 Jul 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
INE448U07323
Issue Date
23 Jun 2022
Maturity Date
23 Jun 2028
Listing
—
Payment Frequency
Semi Annual
Put / Call Option
Both
Security
Secured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on Veritas Finance 8.50% Jun 2028 NCD?

Veritas Finance 8.50% Jun 2028 NCD carries a coupon of 8.50%, paid semi annual, on a face value of ₹10,00,000.

When does Veritas Finance 8.50% Jun 2028 NCD mature?

Veritas Finance 8.50% Jun 2028 NCD matures on 23 Jun 2028, 1.6 years from today.

What is Veritas Finance 8.50% Jun 2028 NCD rated?

No current rating from an agency or exchange is on file for Veritas Finance 8.50% Jun 2028 NCD. NSDL's debt master records a rating of AA- by CARE, dated 30 Sep 2025, often from the time of issue, so it may be out of date.

Is Veritas Finance 8.50% Jun 2028 NCD secured?

Veritas Finance 8.50% Jun 2028 NCD is a secured bond.

Can Veritas Finance 8.50% Jun 2028 NCD be called or put back early?

Veritas Finance 8.50% Jun 2028 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

More Bonds from This Issuer

V
Veritas Finance 9.75% Nov 2026 NCD
INE448U07240
AA
Coupon
9.75%
Maturity
28 Nov 2026
V
Veritas Finance 9.75% Jun 2027 NCD
INE448U07216
AA
Coupon
9.75%
Maturity
25 Jun 2027
V
Veritas Finance 9.65% Nov 2027 NCD
INE448U07273
AA
Coupon
9.65%
Maturity
13 Nov 2027
V
Veritas Finance 9.65% Feb 2028 NCD
INE448U07281
AA
Coupon
9.65%
Maturity
21 Feb 2028
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 8.50%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE338I07180Motilal Oswal Financial Services LimitedAA8.50%2027-08-06
INE121A07SG2Cholamandalam Investment and Finance Company LimitedAA+ NSDL record, 20248.50%2027-07-25
INE202E07096Indian Renewable Energy Development Agency LimitedAAA NSDL record, 20138.49%2028-05-10
INE787H07255India Infrastructure Finance Company LimitedAAA8.48%2028-09-05
INE053F07629Indian Railway Finance Corporation LimitedAAA8.48%2028-11-21
INE414G07JN3Muthoot Finance LimitedAA+ NSDL record, 20258.52%2028-04-07

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