L&T Finance 9.70% Oct 2028 NCD (INE691I07240)
L&T Finance Limited
Secured, Rated, Taxable, Redeemable NCD
Browse: AAA rated bonds · bonds maturing in 2028
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
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
Payment schedule not projected
The issuer has filed a partial redemption for this bond, so principal is repaid in parts. A coupon schedule projected from the full face value would be wrong. Payments the issuer has filed are listed under disclosed payments.Payment Disclosures (SEBI Reg52(4))
1 disclosed| Due Date | Type | Amount Due | Amount Paid | Status | Filing |
|---|---|---|---|---|---|
| 2026-10-16 | Redemption | ₹76,61,00,000.00 | ₹76,61,00,000.00 | Paid | XBRL → |
Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.
Bond Timeline
1 rating action on file since issue — hover a dot for detail.
1 SEBI Reg52(4) disclosed payment — hover a square/diamond for detail.
Key Metrics
Advanced metrics
Market Characteristics
Observations
- This bond is secured.
- No secondary-market trades recorded in the last 30 days.
- Coupon is 0.50 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 2026Issued by L&T Finance Limited, L&T Finance 9.70% Oct 2028 NCD is a secured, rated NCD. It pays a 9.70% p.a. coupon, quarterly. Principal is repaid at maturity. The issuer holds the right to redeem it before the maturity date.
Rating Timeline
2 ratings on fileEvery 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.
| Date | Agency | Rating | Outlook | Status | Source |
|---|---|---|---|---|---|
| 25 Sep 2026 | CARE | AAA | — | Latest | NSE filing → |
| 2011 | CARE | AA+ | — | NSDL debt master |
Rating Action History
2 actionsAgency 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.
| Date | Agency | Action | Rating | Outlook | Rationale |
|---|---|---|---|---|---|
| 2026-09-25 This bond |
CARE | Reaffirm | AAA | Stable | NSE filing → |
| 2026-08-25 | CRISIL | Initial | AAA | Stable | View → |
Rating Actions on L&T Finance Limited
last 12 monthsAgencies 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 |
|---|---|---|---|---|
| 2026-09-25 | CARE | Reaffirm This bond | AAA / Stable | NSE filing → |
| 2026-08-25 | CRISIL | Initial | AAA / Stable | View → |
Data Coverage
| Dataset | Records | Detail | Freshness |
|---|---|---|---|
| Credit Ratings | 2 | CARE | 2026-09-25 |
| Rating Actions History | 2 | — | 2026-09-25 |
| Secondary-Market Trades | 0 | — | — |
| Reg52(4) Payment Disclosures | 1 | NSE | 2026-10-16 |
- No secondary-market trade with a usable price on record, so no market yield or spread is shown.
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.
What is the coupon rate on L&T Finance 9.70% Oct 2028 NCD?
L&T Finance 9.70% Oct 2028 NCD carries a coupon of 9.70%, paid quarterly, on a face value of ₹4,28,571.
When does L&T Finance 9.70% Oct 2028 NCD mature?
L&T Finance 9.70% Oct 2028 NCD matures on 18 Oct 2028, 1.9 years from today.
What is L&T Finance 9.70% Oct 2028 NCD rated?
L&T Finance 9.70% Oct 2028 NCD is rated AAA by CARE (rating dated 25 Sep 2026).
Is L&T Finance 9.70% Oct 2028 NCD secured?
L&T Finance 9.70% Oct 2028 NCD is a secured bond.
Can L&T Finance 9.70% Oct 2028 NCD be called or put back early?
L&T Finance 9.70% Oct 2028 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.
More Bonds from This Issuer
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 9.70%. For comparison only, not a recommendation.
| Bond | Issuer | Rating | Coupon | Maturity |
|---|---|---|---|---|
| INE605Y07205 | Auxilo Finserve Private Limited | A+ | 9.70% | 2028-06-13 |
| INE605Y07213 | Auxilo Finserve Private Limited | A+ | 9.70% | 2028-11-18 |
| INE756I08173 | HDB Financial Services Limited | AAA | 9.70% | 2028-11-15 |
| INE046W07370 | Muthoot Microfin Limited | A+ | 9.70% | 2028-02-06 |
| INE540P07400 | U.P. Power Corporation Limited | A+ | 9.70% | 2029-03-30 |
| INE540P07392 | U.P. Power Corporation Limited | A+ | 9.70% | 2028-03-31 |