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Midland Microfin 13.00% Jan 2028 NCD (INE884Q07673)

CARE BBB+ · NSDL record, 2023 Secured NCD

Midland Microfin Limited

Secured, Taxable, Redeemable NCD

Browse: bonds maturing in 2028

35 more bonds from Midland Microfin Limited →
Current YTM
—
No market YTM available
Coupon Rate
13.00%
Per annum
Maturity Date
24 Jan 2028
1.2 Yrs to Maturity
Interest Payment
Quarterly
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
1.2 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

22 Dec 2026
Interest Payment
₹32,500.00 / Bond
22 Mar 2027
Interest Payment
₹32,500.00 / Bond
22 Jun 2027
Interest Payment
₹32,500.00 / Bond
22 Sep 2027
Interest Payment
₹32,500.00 / Bond
22 Dec 2027
Interest Payment
₹32,500.00 / Bond
24 Jan 2028
Final coupon (part period) + principal
₹10,11,785.71 / Bond
₹11,785.71 coupon + ₹10,00,000 face value

6 coupons 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 22 Sep 2023 Matures 24 Jan 2028

Key Metrics

Coupon Rate
13.00%
YTM (Annual)
—
Credit Rating
BBB+
Rating on NSDL record (CARE, 2023)
Not a current agency rating; see below
Remaining Tenure
1.2 Years

BBB+ (CARE): Rating on NSDL record (CARE, 2023), dated 18 Sep 2023. 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 No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics
Modified Duration
—
Macaulay Duration
—
Issue Size
₹25 Cr
Face Value
₹10,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
—
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
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 2.80 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 16 Jul 2026
Instrument Type
NCD
Issue Date
22 Sep 2023
Day Count Convention
—
Listed Exchange
Not listed
Call / Put Option
Puttable

Midland Microfin Limited issued Midland Microfin 13.00% Jan 2028 NCD, a secured NCD. It pays a 13.00% p.a. coupon, quarterly. 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 CARE (NSDL record) 2023-09-18
Rating Actions History 0 — —
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

No source documents linked for this security yet.

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.

Current Price (Clean)
—

No recent trade data available

Calculate YTM for this bond
Bond Snapshot
ISIN
INE884Q07673
Issue Date
22 Sep 2023
Maturity Date
24 Jan 2028
Listing
Not listed
Payment Frequency
Quarterly
Put / Call Option
Put
Security
Secured
Day Count
—
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Frequently Asked Questions
What is the coupon rate on Midland Microfin 13.00% Jan 2028 NCD?

Midland Microfin 13.00% Jan 2028 NCD carries a coupon of 13.00%, paid quarterly, on a face value of ₹10,00,000.

When does Midland Microfin 13.00% Jan 2028 NCD mature?

Midland Microfin 13.00% Jan 2028 NCD matures on 24 Jan 2028, 1.2 years from today.

What is Midland Microfin 13.00% Jan 2028 NCD rated?

No current rating from an agency or exchange is on file for Midland Microfin 13.00% Jan 2028 NCD. NSDL's debt master records a rating of BBB+ by CARE, dated 18 Sep 2023, often from the time of issue, so it may be out of date.

Is Midland Microfin 13.00% Jan 2028 NCD secured?

Midland Microfin 13.00% Jan 2028 NCD is a secured bond.

Can Midland Microfin 13.00% Jan 2028 NCD be called or put back early?

Midland Microfin 13.00% Jan 2028 NCD is puttable -- holders may require the issuer to repurchase it on scheduled put dates.

Where does Midland Microfin 13.00% Jan 2028 NCD trade?

Midland Microfin 13.00% Jan 2028 NCD is not listed on a stock exchange, so there is no exchange price for it.

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 11.77% Mar 2027 NCD
INE884Q07632
BBB
Coupon
11.77%
Maturity
31 Mar 2027
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
Compare (/) Compare Bonds

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 13.00%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE12VA07793Branch International Financial Services Private LimitedBBB NSDL record, 202613.00%2027-02-25
INE12VA07918Branch International Financial Services Private LimitedBBB NSDL record, 202613.00%2027-04-21
INE139R08108Fusion Finance LimitedA- NSDL record, 202213.00%2027-06-30
INE0JTP07123Infifresh Foods Limited—13.00%2027-10-10
INE12VA07991Branch International Financial Services Private LimitedBBB NSDL record, 202613.00%2027-10-29
INE0OJ007027Chinmay Finlease Limited—13.00%2027-12-10

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