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Midland Microfin 11.77% Mar 2027 NCD (INE884Q07632)

India Ratings BBB Secured NCD

Midland Microfin Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: BBB rated bonds · bonds maturing in 2027

35 more bonds from Midland Microfin Limited →
Current YTM
—
No market YTM available
Coupon Rate
11.77%
Per annum
Maturity Date
31 Mar 2027
0.4 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹10,00,000
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
0.4 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

31 Mar 2027
Final coupon + principal
₹10,58,850.00 / Bond
₹58,850.00 coupon + ₹10,00,000 face value

1 coupon remaining, the last paid with principal at maturity · per ₹10,00,000 face value · projected dates

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 31 Mar 2022 Matures 31 Mar 2027

Key Metrics

Coupon Rate
11.77%
YTM (Annual)
—
Credit Rating
BBB
(India Ratings) · rated 30 Apr 2022, 4 years ago
Over 15 months old; see below
Remaining Tenure
0.4 Years

BBB (India Ratings): Rated 30 Apr 2022 (4 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics
Modified Duration
0.37 Yrs
Macaulay Duration
0.39 Yrs
Issue Size
₹19 Cr
Minimum Investment
₹10,00,000
1 bond × ₹10,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
0.37 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
—
No recorded trades
Trades (30 Days)
0
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 1.57 percentage points above the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 8 Nov 2026
Instrument Type
NCD
Issue Date
31 Mar 2022
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Midland Microfin 11.77% Mar 2027 NCD is a secured, rated NCD issued by Midland Microfin Limited. It pays an 11.77% p.a. coupon, semi-annually. Principal is repaid at maturity.

Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →
Alert me about Midland Microfin 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 India Ratings 2022-04-30
Rating Actions History 0 — —
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
8 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

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE884Q07632
Issue Date
31 Mar 2022
Maturity Date
31 Mar 2027
Listing
BSE
Payment Frequency
Semi Annual
Put / Call Option
None disclosed
Security
Secured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on Midland Microfin 11.77% Mar 2027 NCD?

Midland Microfin 11.77% Mar 2027 NCD carries a coupon of 11.77%, paid semi annual, on a face value of ₹10,00,000.

When does Midland Microfin 11.77% Mar 2027 NCD mature?

Midland Microfin 11.77% Mar 2027 NCD matures on 31 Mar 2027, 0.4 years from today.

What is Midland Microfin 11.77% Mar 2027 NCD rated?

Midland Microfin 11.77% Mar 2027 NCD is rated BBB by India Ratings (rating dated 30 Apr 2022).

Is Midland Microfin 11.77% Mar 2027 NCD secured?

Midland Microfin 11.77% Mar 2027 NCD is a secured bond.

Where does Midland Microfin 11.77% Mar 2027 NCD trade?

Midland Microfin 11.77% Mar 2027 NCD is listed on BSE.

More Bonds from This Issuer

M
Midland Microfin 12.00% Nov 2026 NCD
INE884Q07780
A-
Coupon
12.00%
Maturity
19 Nov 2026
M
Midland Microfin 12.00% Apr 2027 NCD
INE884Q07806
A-
Coupon
12.00%
Maturity
04 Apr 2027
M
Midland Microfin ZC Apr 2027 NCD
INE884Q07830
A-
Coupon
—
Maturity
28 Apr 2027
M
Midland Microfin 10.75% May 2027 NCD
INE884Q07764
A-
Coupon
10.75%
Maturity
27 May 2027
Compare (/) Compare Bonds

Comparable NCDs maturing near 2027

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 11.77%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE00MX08052Svatantra Microfin LimitedA+ NSDL record, 202111.77%2027-11-30
INE04HY07245Vedika Credit Capital LimitedA- NSDL record, 202511.80%2027-06-20
INE04HY07302Vedika Credit Capital LimitedA- NSDL record, 202511.80%2027-08-21
INE04HY07336Vedika Credit Capital LimitedA- NSDL record, 202511.80%2027-10-07
INE0P3M07025Hella Chemical Market Private Limited—11.80%2028-02-12
INE0P3M07033Hella Chemical Market Private Limited—11.80%2028-02-28

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