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Godrej Properties 8.40% Jan 2028 NCD (INE484J08089)

ICRA AA+ Unsecured NCD

Godrej Properties Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

5 more bonds from Godrej Properties Limited →
Current YTM
—
No current market yield
Coupon Rate
8.40%
Per annum
Maturity Date
25 Jan 2028
1.2 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,000
Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.

Market Position

YTM (Annual)
—
No trade in the last 30 days, so the last traded yield is not shown as current. Last trade 12 Aug 2026.
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
1.2 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.

Price data as a table: Recent Market Prices

Cashflow Timeline

26 Jul 2027
Interest Payment
₹8,400.00 / Bond
₹7,560.00 net of 10% TDS (est.)
25 Jan 2028
Final coupon (part period) + principal
₹1,04,200.00 / Bond
₹4,200.00 coupon + ₹1,00,000 face value

2 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) ● Rating action ┊ Today
Today Reaffirmed: AA+ by ICRA on 2 Sep 2026 Reaffirmed: AA+ by India Ratings on 26 Aug 2026 Issued 26 Jul 2024 Matures 25 Jan 2028

2 rating actions on file since issue — hover a dot for detail.

Key Metrics

Coupon Rate
8.40%
YTM (Annual)
—
Credit Rating
AA+
(ICRA) · rated 2 Sep 2026, 67 days ago
Remaining Tenure
1.2 Years

AA+ (ICRA): Rated 2 Sep 2026 (67 days ago).

AA+ (India Ratings): Rated 26 Aug 2026 (74 days ago).

With more than one agency, the rating shown at the top is the lowest of those dated within the last 15 months (or the newest, when none is). How we pick it →

Advanced metrics
Modified Duration
1.05 Yrs
Macaulay Duration
1.13 Yrs
Issue Size
₹935 Cr
Face Value
₹1,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
1.05 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
12 Aug 2026
NSE OTC (WAP)
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 1.80 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
26 Jul 2024
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

Godrej Properties Limited issued Godrej Properties 8.40% Jan 2028 NCD, an unsecured, rated NCD. It pays an 8.40% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

4 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
2 Sep 2026 ICRA AA+ — Latest NSE filing →
26 Aug 2026 India Ratings AA+ — Latest NSE filing →
21 Jul 2026 ICRA AA — Superseded NSE filing →
2024 India Ratings AA+ — NSDL record, 2024 NSDL debt master

Rating Action History

2 actions

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

DateAgencyActionRatingOutlookRationale
2026-09-02
This bond
ICRA Reaffirm AA+ Stable NSE filing →
2026-08-26
This bond
India Ratings Reaffirm AA+ Stable NSE filing →
Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →

Rating Actions on Godrej Properties 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
2026-09-02 ICRA Reaffirm This bond AA+ / Stable NSE filing →
2026-08-26 India Ratings Reaffirm This bond AA+ / Stable NSE filing →
Alert me about Godrej Properties 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 INE484J08089: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-08-12 100.6388 8.0000 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 4 ICRA, India Ratings 2026-09-02
Rating Actions History 2 — 2026-09-02
Secondary-Market Trades 1 NSE OTC (WAP) 2026-08-12
Reg52(4) Payment Disclosures 0 — —
  • No trade in the last 30 days, so the last traded yield is not shown as current.

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)
₹1,00,638.80
YTM—
Trade Date 12 Aug 2026 88d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹6,627.95
Dirty price (est.)₹1,07,266.75
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE484J08089
Issue Date
26 Jul 2024
Maturity Date
25 Jan 2028
Listing
—
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

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Frequently Asked Questions
What is the coupon rate on Godrej Properties 8.40% Jan 2028 NCD?

Godrej Properties 8.40% Jan 2028 NCD carries a coupon of 8.40%, paid annual, on a face value of ₹1,00,000.

When does Godrej Properties 8.40% Jan 2028 NCD mature?

Godrej Properties 8.40% Jan 2028 NCD matures on 25 Jan 2028, 1.2 years from today.

What is Godrej Properties 8.40% Jan 2028 NCD rated?

Godrej Properties 8.40% Jan 2028 NCD is rated AA+ by ICRA (rating dated 2 Sep 2026) and AA+ by India Ratings (rating dated 26 Aug 2026).

Is Godrej Properties 8.40% Jan 2028 NCD secured?

Godrej Properties 8.40% Jan 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

More Bonds from This Issuer

G
Godrej Properties 8.30% Mar 2027 NCD
INE484J08055
AA+
Coupon
8.30%
Maturity
19 Mar 2027
G
Godrej Properties 8.25% Jul 2028 NCD
INE484J08030
AA+
Coupon
8.25%
Maturity
03 Jul 2028
G
Godrej Properties 8.50% Sep 2028 NCD
INE484J08063
AA+
Coupon
8.50%
Maturity
20 Sep 2028
G
Godrej Properties 8.55% Jul 2029 NCD
INE484J08071
AA+
Coupon
8.55%
Maturity
26 Jul 2029
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 8.40%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE146O07557Hinduja Leyland Finance LimitedAAA8.40%2027-05-06
INE752E07MT2Power Grid Corporation of India LimitedAAA8.40%2027-05-27
INE121A07SH0Cholamandalam Investment and Finance Company LimitedAA+ NSDL record, 20248.40%2027-09-18
INE414G07II5Muthoot Finance LimitedAA+ NSDL record, 20238.40%2028-08-28
INE975F07IR8Kotak Mahindra Investments LimitedAAA NSDL record, 20248.38%2027-06-21
INE975F07IS6Kotak Mahindra Investments LimitedAAA NSDL record, 20248.37%2027-08-20

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