SG Finserve 9.85% Feb 2028 NCD (INE618R07012)

ICRA AA+ / Stable Secured NCD

SG Finserve Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM

—

No market YTM available

Coupon Rate

9.85%

Per annum

Maturity Date

10 Feb 2028

1.3 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.

21 Sep 2026 New rating assigned to AA- CRISIL

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

1.3 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

10 Feb 2027

Interest Payment

₹9,850.00 / Bond

₹8,865.00 net of 10% TDS (est.)

10 Feb 2028

Final coupon + principal

₹1,09,850.00 / Bond

₹9,850.00 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) ┊ Today

Key Metrics

Coupon Rate

9.85%

YTM (Annual)

—

Credit Rating

AA+

(ICRA) · rated 28 Feb 2025, 20 months ago

Over 15 months old; see below

Remaining Tenure

1.3 Years

AA+ (ICRA): Rated 28 Feb 2025 (20 months ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics

Modified Duration

1.06 Yrs

Macaulay Duration

1.16 Yrs

Issue Size

₹50 Cr

Minimum Investment

₹1,00,000

1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration

1.06 Yrs

Price sensitivity per 1% yield move

Payment Frequency

Annual

Last Trade

—

No recorded trades

Trades (30 Days)

Exchange-reported sessions

Security Status

Secured

No call option

Observations

This bond is secured.
No secondary-market trades recorded in the last 30 days.
Coupon is 0.35 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 7 Nov 2026

Issuer

SG Finserve Limited

Instrument Type

NCD

Issue Date

10 Feb 2025

Day Count Convention

ACT/ACT

Listed Exchange

BSE

Call / Put Option

None disclosed

SG Finserve 9.85% Feb 2028 NCD is a secured, rated NCD issued by SG Finserve Limited. It pays a 9.85% p.a. coupon, annually. Principal is repaid at maturity.

Rating Action History

1 actions

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

Date	Agency	Action	Rating	Outlook	Rationale
2026-09-21	CRISIL	Initial	AA-	Stable	View →

Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on SG Finserve 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.

Date	Agency	Action	Rating	Rationale
2026-09-21	CRISIL	Initial	AA- / Stable	View →

Alert me about SG Finserve 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

Dataset	Records	Detail	Freshness
Credit Ratings	1	ICRA	2025-02-28
Rating Actions History	1	—	2026-09-21
Secondary-Market Trades	0	—	—
Reg52(4) Payment Disclosures	0	—	—

No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata

Source: BSE
Last Updated: 7 Nov 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 SG Finserve 9.85% Feb 2028 NCD?

SG Finserve 9.85% Feb 2028 NCD carries a coupon of 9.85%, paid annual, on a face value of ₹1,00,000.

When does SG Finserve 9.85% Feb 2028 NCD mature?

SG Finserve 9.85% Feb 2028 NCD matures on 10 Feb 2028, 1.3 years from today.

What is SG Finserve 9.85% Feb 2028 NCD rated?

SG Finserve 9.85% Feb 2028 NCD is rated AA+ by ICRA (rating dated 28 Feb 2025).

Is SG Finserve 9.85% Feb 2028 NCD secured?

SG Finserve 9.85% Feb 2028 NCD is a secured bond.

Where does SG Finserve 9.85% Feb 2028 NCD trade?

SG Finserve 9.85% Feb 2028 NCD is listed on BSE.

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 9.85%. For comparison only, not a recommendation.

Bond	Issuer	Rating	Coupon	Maturity
INE046W07347	Muthoot Microfin Limited	A+	9.85%	2027-12-16
INE918K07PJ0	Nuvama Wealth Finance Limited	AA	9.85%	2027-08-09
INE157D07EN6	Clix Capital Services Private Limited	A+ NSDL record, 2025	9.85%	2027-07-07
INE04VS07479	Oxyzo Financial Services Limited	A+	9.83%	2027-12-24
INE605Y07197	Auxilo Finserve Private Limited	A+	9.80%	2028-01-29
INE02VP07065	IKF Home Finance Limited	A-	9.80%	2028-03-24

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