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L&T Finance 8.15% Jan 2027 NCD (INE498L07012)

CRISIL AAA · NSDL record, 2023 Secured NCD

L&T Finance Limited

Secured, Taxable, Redeemable NCD

Browse: bonds maturing in 2027

89 more bonds from L&T Finance Limited →
Current YTM
7.35%
Market YTM
Coupon Rate
8.15%
Per annum
Maturity Date
04 Jan 2027
0.2 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.
  • 25 Aug 2026 New rating assigned to AAA CRISIL

Market Position

YTM (Annual)
7.35%
Last traded 9 Oct 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+43 bps
vs 0.2Y G-Sec at 6.92%
Below the median spread for similar-tenor peers
Tenure
0.2 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

4 Jan 2027
Final coupon + principal
₹1,08,150.00 / Bond
₹8,150.00 coupon + ₹1,00,000 face value

1 coupon remaining, the last paid with principal at maturity · per ₹1,00,000 face value · projected dates

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 4 Jan 2024 Matures 4 Jan 2027

Key Metrics

Coupon Rate
8.15%
YTM (Annual)
7.35%
Credit Rating
AAA
Rating on NSDL record (CRISIL, 2023)
Not a current agency rating; see below
Remaining Tenure
0.2 Years

AAA (CRISIL): Rating on NSDL record (CRISIL, 2023), dated 13 Dec 2023. 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 No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics
Modified Duration
0.14 Yrs
Macaulay Duration
0.15 Yrs
Issue Size
₹200 Cr
Face Value
₹1,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
0.14 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
9 Oct 2026
BSE
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Secured
No call option

Observations

  • This bond is secured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 2.05 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
4 Jan 2024
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

L&T Finance 8.15% Jan 2027 NCD is a secured NCD issued by L&T Finance Limited. It pays an 8.15% p.a. coupon, annually. Principal is repaid at maturity.

Rating Action History

2 actions

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

DateAgencyActionRatingOutlookRationale
2026-09-25 CARE Reaffirm AAA Stable NSE filing →
2026-08-25 CRISIL Initial AAA Stable View →
Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on L&T 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
2026-09-25 CARE Reaffirm AAA / Stable NSE filing →
2026-08-25 CRISIL Initial AAA / Stable View →
Alert me about L&T 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.

Recent Market Prices

Recent BSE trades for INE498L07012: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-10-09 100.0800 7.3500 1

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL (NSDL record) 2023-12-13
Rating Actions History 2 — 2026-09-25
Secondary-Market Trades 1 BSE 2026-10-09
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.

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)
₹1,00,080.00
YTM7.35%
Trade Date 9 Oct 2026 30d ago
SourceBSE
Accrued interest (est.)₹6,899.59
Dirty price (est.)₹1,06,979.59
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE498L07012
Issue Date
4 Jan 2024
Maturity Date
4 Jan 2027
Listing
—
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Secured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on L&T Finance 8.15% Jan 2027 NCD?

L&T Finance 8.15% Jan 2027 NCD carries a coupon of 8.15%, paid annual, on a face value of ₹1,00,000.

When does L&T Finance 8.15% Jan 2027 NCD mature?

L&T Finance 8.15% Jan 2027 NCD matures on 4 Jan 2027, 0.2 years from today.

What is L&T Finance 8.15% Jan 2027 NCD rated?

No current rating from an agency or exchange is on file for L&T Finance 8.15% Jan 2027 NCD. NSDL's debt master records a rating of AAA by CRISIL, dated 13 Dec 2023, often from the time of issue, so it may be out of date.

Is L&T Finance 8.15% Jan 2027 NCD secured?

L&T Finance 8.15% Jan 2027 NCD is a secured bond.

What yield does L&T Finance 8.15% Jan 2027 NCD currently offer?

The last recorded trade on 9 Oct 2026 priced L&T Finance 8.15% Jan 2027 NCD at ₹1,00,080.00 per bond, implying a yield to maturity of 7.35%.

More Bonds from This Issuer

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L&T Finance 8.15% Nov 2026 NCD
INE235P07571
AAA NSDL record, 2016
Coupon
8.15%
Maturity
13 Nov 2026
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L&T Finance 7.95% Nov 2026 NCD
INE691I07DW6
AAA
Coupon
7.95%
Maturity
16 Nov 2026
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L&T Finance 8.50% Dec 2026 NCD
INE027E07BB0
AAA
Coupon
8.50%
Maturity
23 Dec 2026
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L&T Finance 8.65% Dec 2026 NCD
INE027E07BC8
AAA
Coupon
8.65%
Maturity
23 Dec 2026
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 8.15%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE296A08847Bajaj Finance LimitedAAA8.15%2027-06-22
INE522D07CJ3Manappuram Finance LimitedAA8.15%2027-12-30
INE831R07466Aditya Birla Housing Finance LimitedAAA8.17%2027-08-25
INE296A07SX7Bajaj Finance LimitedAAA NSDL record, 20248.12%2027-05-10
INE296A07TC9Bajaj Finance LimitedAAA NSDL record, 20248.12%2027-09-10
INE121A07SM0Cholamandalam Investment and Finance Company LimitedAA+ NSDL record, 20258.19%2027-03-26

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