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TVS Credit Services 11.50% Perpetual NCD (INE729N08014)

CRISIL A+ · NSDL record, 2017 Unsecured NCD

TVS Credit Services Limited

Unsecured, Taxable, Redeemable NCD

14 more bonds from TVS Credit Services Limited →
Current YTM
—
No market YTM available
Coupon Rate
11.50%
Per annum
Maturity Date
Perpetual
No fixed maturity
Interest Payment
Annual
Frequency
Face Value
₹5,00,000
Per Bond

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
Perpetual
No fixed 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

Cashflow schedule unavailable

Coupon frequency or rate missing from source data.

Key Metrics

Coupon Rate
11.50%
YTM (Annual)
—
Credit Rating
A+
Rating on NSDL record (CRISIL, 2017)
Not a current agency rating; see below
Remaining Tenure
Perpetual

A+ (CRISIL): Rating on NSDL record (CRISIL, 2017), dated 29 Sep 2017. 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 No current rating from an agency or exchange is on file, so it may be out of date. CRISIL's latest action on the issuer (6 Nov 2026) is AA+.

Advanced metrics
Modified Duration
—
Macaulay Duration
—
Issue Size
₹100 Cr
Face Value
₹5,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
—
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
—
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
Callable

Observations

  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.

Structured Overview

Data as of 6 Nov 2026
Instrument Type
NCD
Issue Date
24 Nov 2017
Day Count Convention
—
Listed Exchange
Not listed
Call / Put Option
Callable

TVS Credit Services Limited issued TVS Credit Services 11.50% Perpetual NCD, an unsecured NCD. It pays an 11.50% p.a. coupon, annually. It has no fixed maturity date.

Rating Action History

4 actions

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

DateAgencyActionRatingOutlookRationale
2026-11-06 CRISIL Reaffirm AA+ Stable View →
2026-10-16 CRISIL Update — — View →
2026-09-17 CRISIL Update — — View →
2026-08-13 CRISIL Update — — View →
Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →

Rating Actions on TVS Credit Services 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
2026-11-06 CRISIL Reaffirm AA+ / Stable View →
2026-10-16 CRISIL Update — View →
2026-09-17 CRISIL Update — View →
2026-08-13 CRISIL Update — View →
Alert me about TVS Credit Services 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

DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL (NSDL record) 2017-09-29
Rating Actions History 4 — 2026-11-06
Secondary-Market Trades 0 — —
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.
  • 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
6 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.

Current Price (Clean)
—

No recent trade data available

Calculate YTM for this bond
Bond Snapshot
ISIN
INE729N08014
Issue Date
24 Nov 2017
Maturity Date
Perpetual — no fixed maturity
Listing
Not listed
Payment Frequency
Annual
Put / Call Option
Call
Security
Unsecured
Day Count
—
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Frequently Asked Questions
What is the coupon rate on TVS Credit Services 11.50% Perpetual NCD?

TVS Credit Services 11.50% Perpetual NCD carries a coupon of 11.50%, paid annual, on a face value of ₹5,00,000.

When does TVS Credit Services 11.50% Perpetual NCD mature?

TVS Credit Services 11.50% Perpetual NCD is a perpetual bond (AT1/Tier-I) with no fixed maturity date; the issuer may redeem it on scheduled call dates, subject to regulatory approval.

What is TVS Credit Services 11.50% Perpetual NCD rated?

No current rating from an agency or exchange is on file for TVS Credit Services 11.50% Perpetual NCD. NSDL's debt master records a rating of A+ by CRISIL, dated 29 Sep 2017, often from the time of issue, so it may be out of date.

Is TVS Credit Services 11.50% Perpetual NCD secured?

TVS Credit Services 11.50% Perpetual NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can TVS Credit Services 11.50% Perpetual NCD be called or put back early?

TVS Credit Services 11.50% Perpetual NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

Where does TVS Credit Services 11.50% Perpetual NCD trade?

TVS Credit Services 11.50% Perpetual NCD is not listed on a stock exchange, so there is no exchange price for it.

More Bonds from This Issuer

T
TVS Credit Services 8.85% Jun 2027 NCD
INE729N08055
AA- NSDL record, 2021
Coupon
8.85%
Maturity
02 Jun 2027
T
TVS Credit Services 8.85% Jun 2027 NCD
INE729N08063
AA- NSDL record, 2021
Coupon
8.85%
Maturity
11 Jun 2027
T
TVS Credit Services 8.35% Oct 2027 NCD
INE729N07065
AA NSDL record, 2024 Reg52 disclosed
Coupon
8.35%
Maturity
29 Oct 2027
T
TVS Credit Services 8.25% Dec 2027 NCD
INE729N07073
AA+ NSDL record, 2024
Coupon
8.25%
Maturity
31 Dec 2027
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