S

Salem Erode Investments 11.75% Feb 2027 NCD

BB Secured NCD

Salem Erode Investments Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: below-BBB rated bonds · bonds maturing in 2027

Current YTM
No live YTM available
Coupon Rate
11.75%
Per annum
Maturity Date
13 Feb 2027
0.5 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual) EST
~11.75%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+615 bps
vs 0.5Y G-Sec at 5.60% *
Top 18% of similar-tenor peers by spread
Tenure
0.5 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 Sep 2026
Interest Payment
₹9.79 / Bond
13 Oct 2026
Interest Payment
₹9.79 / Bond
13 Nov 2026
Interest Payment
₹9.79 / Bond
13 Dec 2026
Interest Payment
₹9.79 / Bond
13 Jan 2027
Interest Payment
₹9.79 / Bond
13 Feb 2027
Principal Payment
₹1,000.00 / Bond

Next 5 coupons + principal at maturity · per ₹1,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Reaffirmed: BB by CRISIL on 2026-06-29 Issued 2024-02-13 Matures 2027-02-13

1 rating action on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
11.75%
YTM (Annual)
Credit Rating
BB
(INFOMERICS)
Remaining Tenure
0.5 Years
Advanced metrics
Modified Duration
0.44 Yrs
Macaulay Duration
0.44 Yrs
Issue Size
₹5 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
0.44 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
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 1.75 percentage points above the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2024-02-13
Day Count Convention
30/360
Listed Exchange
UNLISTED
Call / Put Option
Puttable

Salem Erode Investments Limited issued this secured, rated, ncd (11.75% SECURED RATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES III MONTHLY SCHEME GENERAL DATE OF MATURITY 13/02/2027.) carrying a 11.75% p.a. coupon, paid monthly. It repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-06-29 CRISIL Reaffirm BB Stable View →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INFOMERICS 2023-07-13
Rating Actions History 1 2026-06-29
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
Documents
Entity metadata
Source
nsdl_master_promoted
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.

Frequently Asked Questions
What is the coupon rate on Salem Erode Investments 11.75% Feb 2027 NCD?

Salem Erode Investments 11.75% Feb 2027 NCD carries a coupon of 11.75%, paid monthly, on a face value of ₹1,000.

When does Salem Erode Investments 11.75% Feb 2027 NCD mature?

Salem Erode Investments 11.75% Feb 2027 NCD matures on 2027-02-13, 0.5 years from today.

What is Salem Erode Investments 11.75% Feb 2027 NCD rated?

Salem Erode Investments 11.75% Feb 2027 NCD is rated BB by INFOMERICS. As of 2023-07-13.

Is Salem Erode Investments 11.75% Feb 2027 NCD secured?

Salem Erode Investments 11.75% Feb 2027 NCD is a secured bond.

Can Salem Erode Investments 11.75% Feb 2027 NCD be called or put back early?

Salem Erode Investments 11.75% Feb 2027 NCD is puttable -- holders may require the issuer to repurchase it on scheduled put dates.

Where does Salem Erode Investments 11.75% Feb 2027 NCD trade?

Salem Erode Investments 11.75% Feb 2027 NCD is listed on UNLISTED.

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