G
A / Stable Unsecured NCD

GMR Airports Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2028

Current YTM
10.39%
Market YTM
Coupon Rate
5.00%
Per annum
Maturity Date
13 Aug 2028
2.0 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
10.39%
Live, last traded 2026-07-08
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+549 bps
vs 2.0Y G-Sec at 4.90%
Top 16% of similar-tenor peers by spread
Tenure
2.0 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
13 Aug 2027
Interest Payment
₹5,000.00 / Bond
13 Aug 2028
Principal Payment
₹100,000.00 / Bond

Next 1 coupon + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2025-08-13 Matures 2028-08-13
Key Metrics
Coupon Rate
5.00%
YTM (Annual)
10.39%
Credit Rating
A
(CRISIL)
Remaining Tenure
2.0 Years
Advanced metrics
Modified Duration
1.73 Yrs
Macaulay Duration
1.91 Yrs
Issue Size
₹4,400 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.73 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-08
NSE OTC (WAP)
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 5.00 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2025-08-13
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

GMRAL-5%-13-8-28-PVT is a rated, redeemable ncd issued by GMR Airports Limited. The bond offers a fixed coupon of 5.00% p.a. with annual interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-08 105.0419 10.3900 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2025-08-31
Rating Actions History 0
Secondary-Market Trades 1 NSE OTC (WAP) 2026-07-08
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 2026

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Frequently Asked Questions
What is the coupon rate on GMR Airports 5.00% Aug 2028 NCD?

GMR Airports 5.00% Aug 2028 NCD carries a coupon of 5.00%, paid annual, on a face value of ₹100,000.

When does GMR Airports 5.00% Aug 2028 NCD mature?

GMR Airports 5.00% Aug 2028 NCD matures on 2028-08-13, 2.0 years from today.

What is GMR Airports 5.00% Aug 2028 NCD rated?

GMR Airports 5.00% Aug 2028 NCD is rated A by CRISIL. As of 2025-08-31.

Is GMR Airports 5.00% Aug 2028 NCD secured?

GMR Airports 5.00% Aug 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does GMR Airports 5.00% Aug 2028 NCD trade?

GMR Airports 5.00% Aug 2028 NCD is listed on BSE.

What yield does GMR Airports 5.00% Aug 2028 NCD currently offer?

The last recorded trade on 2026-07-08 priced GMR Airports 5.00% Aug 2028 NCD at ₹105.04, implying a yield to maturity of 10.39%.

More Bonds from This Issuer
G
GMR Airports 5.00% Nov 2026 NCD
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Maturity
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Coupon
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Maturity
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G
GMR Airports 5.00% Feb 2027 NCD
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Maturity
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G
GMR Airports 5.00% Feb 2028 NCD
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Coupon
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Maturity
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