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Mahaveer Finance (India) 11.60% Feb 2027 NCD (INE911L07121)

ICRA BBB+ Secured NCD

Mahaveer Finance (India) Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: BBB rated bonds · bonds maturing in 2027

7 more bonds from Mahaveer Finance (India) Limited →
Current YTM
—
No market YTM available
Coupon Rate
11.60%
Per annum
Maturity Date
18 Feb 2027
0.3 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹10,000
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
0.3 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

18 Nov 2026
Interest Payment
₹290.00 / Bond
₹261.00 net of 10% TDS (est.)
18 Feb 2027
Final coupon + principal
₹10,290.00 / Bond
₹290.00 coupon + ₹10,000 face value

2 coupons remaining, the last paid with principal at maturity · per ₹10,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 18 Feb 2025 Matures 18 Feb 2027

Key Metrics

Coupon Rate
11.60%
YTM (Annual)
—
Credit Rating
BBB+
(ICRA) · rated 28 Feb 2025, 20 months ago
Over 15 months old; see below
Remaining Tenure
0.3 Years

BBB+ (ICRA): Rated 28 Feb 2025 (20 months ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics
Modified Duration
0.26 Yrs
Macaulay Duration
0.27 Yrs
Issue Size
₹25 Cr
Minimum Investment
₹10,000
1 bond × ₹10,000 face value (BSE market lot)

Market Characteristics

Modified Duration
0.26 Yrs
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 1.40 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 7 Nov 2026
Instrument Type
NCD
Issue Date
18 Feb 2025
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Mahaveer Finance (India) 11.60% Feb 2027 NCD is a secured, rated NCD issued by Mahaveer Finance (India) Limited. It pays an 11.60% p.a. coupon, quarterly. Principal is repaid at maturity.

Rating Action History

1 actions

Agency actions on Mahaveer Finance (India) Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

DateAgencyActionRatingOutlookRationale
2026-06-23 CRISIL Initial BBB+ Stable View →
Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on Mahaveer Finance (India) 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
2026-06-23 CRISIL Initial BBB+ / Stable View →
Alert me about Mahaveer Finance (India) 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 ICRA 2025-02-28
Rating Actions History 1 — 2026-06-23
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
7 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
INE911L07121
Issue Date
18 Feb 2025
Maturity Date
18 Feb 2027
Listing
BSE
Payment Frequency
Quarterly
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 Mahaveer Finance (India) 11.60% Feb 2027 NCD?

Mahaveer Finance (India) 11.60% Feb 2027 NCD carries a coupon of 11.60%, paid quarterly, on a face value of ₹10,000.

When does Mahaveer Finance (India) 11.60% Feb 2027 NCD mature?

Mahaveer Finance (India) 11.60% Feb 2027 NCD matures on 18 Feb 2027, 0.3 years from today.

What is Mahaveer Finance (India) 11.60% Feb 2027 NCD rated?

Mahaveer Finance (India) 11.60% Feb 2027 NCD is rated BBB+ by ICRA (rating dated 28 Feb 2025).

Is Mahaveer Finance (India) 11.60% Feb 2027 NCD secured?

Mahaveer Finance (India) 11.60% Feb 2027 NCD is a secured bond.

Where does Mahaveer Finance (India) 11.60% Feb 2027 NCD trade?

Mahaveer Finance (India) 11.60% Feb 2027 NCD is listed on BSE.

More Bonds from This Issuer

M
Mahaveer Finance (India) 16.00% Mar 2027 NCD
INE911L08053
BBB NSDL record, 2022
Coupon
16.00%
Maturity
16 Mar 2027
M
Mahaveer Finance (India) 11.50% Dec 2028 NCD
INE911L07147
BBB+
Coupon
11.50%
Maturity
30 Dec 2028
M
Mahaveer Finance (India) 11.00% Aug 2029 NCD
INE911L07162
BBB-
Coupon
11.00%
Maturity
11 Aug 2029
M
Mahaveer Finance (India) 11.20% Nov 2029 NCD
INE911L07154
BBB+
Coupon
11.20%
Maturity
26 Nov 2029
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 11.60%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE104W07245Kanakadurga Finance LimitedBBB11.60%2028-01-27
INE125T07329Varthana Finance Private LimitedBBB11.50%2027-02-05
INE296Q07118Moneyboxx Finance LimitedBBB11.75%2027-03-13
INE926R07050Unifinz Capital India LimitedBBB-11.75%2027-11-19
INE998Y07188Berar Finance LimitedBBB11.42%2027-06-26
INE0NES07287Keertana Finserv LimitedBBB+11.40%2027-10-24

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