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Mangal Credit and Fincorp 11.75% Feb 2028 NCD

BBB Secured NCD

Mangal Credit and Fincorp Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: BBB rated bonds · bonds maturing in 2028

Current YTM
13.94%
Market YTM
Coupon Rate
11.75%
Per annum
Maturity Date
20 Feb 2028
1.5 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
13.94%
Live, last traded 2026-08-25
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+816 bps
vs 1.5Y G-Sec at 5.78%
Top 6% of similar-tenor peers by spread
Tenure
1.5 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-11 2026-08-25
Cashflow Timeline
20 Sep 2026
Interest Payment
₹979.17 / Bond
20 Oct 2026
Interest Payment
₹979.17 / Bond
20 Nov 2026
Interest Payment
₹979.17 / Bond
20 Dec 2026
Interest Payment
₹979.17 / Bond
20 Jan 2027
Interest Payment
₹979.17 / Bond
20 Feb 2027
Interest Payment
₹979.17 / Bond
20 Mar 2027
Interest Payment
₹979.17 / Bond
20 Apr 2027
Interest Payment
₹979.17 / Bond
20 Feb 2028
Principal Payment
₹100,000.00 / Bond

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

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-06-24 Issued 2026-05-20 Matures 2028-02-20

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

Key Metrics
Coupon Rate
11.75%
YTM (Annual)
13.94%
Credit Rating
BBB
(CRISIL)
Remaining Tenure
1.5 Years
Advanced metrics
Modified Duration
1.34 Yrs
Macaulay Duration
1.36 Yrs
Issue Size
₹10 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.34 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-08-25
BSE
Trades (30 Days)
10
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 10 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.75 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
2026-05-20
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Mangal Credit and Fincorp Limited issued this secured, rated, ncd (11.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 20/02/2028) carrying a 11.75% p.a. coupon, paid monthly. It repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-06-24 CRISIL Other View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-25 98.5900 13.9400 4
2026-08-24 99.5000 12.9300 1
2026-08-21 99.8700 12.5200 5
2026-08-20 98.4922 14.0200 8
2026-08-19 100.0000 12.3900 5
2026-08-17 100.0000 12.3900 1
2026-08-14 98.5500 13.9400 3
2026-08-13 101.3900 10.9800 3
2026-08-12 100.1800 12.2000 2
2026-08-11 97.9800 14.5500 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2026-02-02
Rating Actions History 1 2026-06-24
Secondary-Market Trades 10 BSE 2026-08-25
Reg52(4) Payment Disclosures 0
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 Mangal Credit and Fincorp 11.75% Feb 2028 NCD?

Mangal Credit and Fincorp 11.75% Feb 2028 NCD carries a coupon of 11.75%, paid monthly, on a face value of ₹100,000.

When does Mangal Credit and Fincorp 11.75% Feb 2028 NCD mature?

Mangal Credit and Fincorp 11.75% Feb 2028 NCD matures on 2028-02-20, 1.5 years from today.

What is Mangal Credit and Fincorp 11.75% Feb 2028 NCD rated?

Mangal Credit and Fincorp 11.75% Feb 2028 NCD is rated BBB by CRISIL. As of 2026-02-02.

Is Mangal Credit and Fincorp 11.75% Feb 2028 NCD secured?

Mangal Credit and Fincorp 11.75% Feb 2028 NCD is a secured bond.

What yield does Mangal Credit and Fincorp 11.75% Feb 2028 NCD currently offer?

The last recorded trade on 2026-08-25 priced Mangal Credit and Fincorp 11.75% Feb 2028 NCD at ₹98.59, implying a yield to maturity of 13.94%.

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Mangal Credit and Fincorp 12.90% Oct 2027 NCD
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Mangal Credit and Fincorp 11.75% Sep 2028 NCD
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Maturity
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