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Asirvad Micro Finance 11.25% May 2029 NCD

AA- Unsecured NCD

Asirvad Micro Finance Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2029

Current YTM
No live YTM available
Coupon Rate
11.25%
Per annum
Maturity Date
16 May 2029
2.7 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual) EST
~11.25%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+506 bps
vs 2.7Y G-Sec at 6.19% *
Top 21% of similar-tenor peers by spread
Tenure
2.7 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.
Cashflow Timeline
16 May 2027
Interest Payment
₹11,250.00 / Bond
16 May 2028
Interest Payment
₹11,250.00 / Bond
16 May 2029
Principal Payment
₹100,000.00 / Bond

Next 2 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Reaffirmed: B by CRISIL on 2026-06-30 Issued 2023-05-16 Matures 2029-05-16

1 rating action on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
11.25%
YTM (Annual)
Credit Rating
AA-
(CRISIL)
Remaining Tenure
2.7 Years
Advanced metrics
Modified Duration
2.18 Yrs
Macaulay Duration
2.42 Yrs
Issue Size
₹150 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
2.18 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
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 1.25 percentage points above the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2023-05-16
Day Count Convention
30/360
Listed Exchange
UNLISTED
Call / Put Option
None disclosed

Asirvad Micro Finance Limited issued this rated, ncd (11.25% UNSECURED RATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES DATE OF MATURITY 16/05/2029.) carrying a 11.25% p.a. coupon, paid annual. It repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-06-30 CRISIL Reaffirm B Stable View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2023-05-04
Rating Actions History 1 2026-06-30
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
Documents
Entity metadata
Source
nsdl_master_promoted
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.

Frequently Asked Questions
What is the coupon rate on Asirvad Micro Finance 11.25% May 2029 NCD?

Asirvad Micro Finance 11.25% May 2029 NCD carries a coupon of 11.25%, paid annual, on a face value of ₹100,000.

When does Asirvad Micro Finance 11.25% May 2029 NCD mature?

Asirvad Micro Finance 11.25% May 2029 NCD matures on 2029-05-16, 2.7 years from today.

What is Asirvad Micro Finance 11.25% May 2029 NCD rated?

Asirvad Micro Finance 11.25% May 2029 NCD is rated AA- by CRISIL. As of 2023-05-04.

Is Asirvad Micro Finance 11.25% May 2029 NCD secured?

Asirvad Micro Finance 11.25% May 2029 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Asirvad Micro Finance 11.25% May 2029 NCD trade?

Asirvad Micro Finance 11.25% May 2029 NCD is listed on UNLISTED.

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1
Asirvad Micro Finance 13.50% May 2027 NCD
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Maturity
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Maturity
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1
Asirvad Micro Finance 13.50% Dec 2027 NCD
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Coupon
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Maturity
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9
Asirvad Micro Finance 9.10% Mar 2028 NCD
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Coupon
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