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Mahaveer Finance (India) 11.50% Dec 2028 NCD (INE911L07147)

CARE BBB+ Secured NCD

Mahaveer Finance (India) Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: BBB rated bonds · bonds maturing in 2028

7 more bonds from Mahaveer Finance (India) Limited →
Current YTM
—
No current market yield
Coupon Rate
11.50%
Per annum
Maturity Date
30 Dec 2028
2.1 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹1,00,000
Per Bond

Market Position

YTM (Annual)
—
No trade in the last 30 days, so the last traded yield is not shown as current. Last trade 2 Sep 2026.
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
2.1 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
8 Jul 20262 Sep 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

30 Dec 2026
Interest Payment
₹2,875.00 / Bond
₹2,587.50 net of 10% TDS (est.)
30 Mar 2027
Interest Payment
₹2,875.00 / Bond
₹2,587.50 net of 10% TDS (est.)
30 Jun 2027
Interest Payment
₹2,875.00 / Bond
₹2,587.50 net of 10% TDS (est.)
30 Sep 2027
Interest Payment
₹2,875.00 / Bond
₹2,587.50 net of 10% TDS (est.)
30 Dec 2027
Interest Payment
₹2,875.00 / Bond
₹2,587.50 net of 10% TDS (est.)
30 Mar 2028
Interest Payment
₹2,875.00 / Bond
₹2,587.50 net of 10% TDS (est.)
30 Jun 2028
Interest Payment
₹2,875.00 / Bond
₹2,587.50 net of 10% TDS (est.)
30 Sep 2028
Interest Payment
₹2,875.00 / Bond
₹2,587.50 net of 10% TDS (est.)
30 Dec 2028
Final coupon + principal
₹1,02,875.00 / Bond
₹2,875.00 coupon + ₹1,00,000 face value

9 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 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 30 Sep 2025 Matures 30 Dec 2028

Key Metrics

Coupon Rate
11.50%
YTM (Annual)
—
Credit Rating
BBB+
(CARE) · rated 31 Oct 2025, 12 months ago
Remaining Tenure
2.1 Years
Advanced metrics
Modified Duration
1.85 Yrs
Macaulay Duration
1.90 Yrs
Issue Size
₹60 Cr
Minimum Investment
₹1,00,000
1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
1.85 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2 Sep 2026
NSE OTC (WAP)
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 1.30 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
30 Sep 2025
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Mahaveer Finance (India) Limited issued Mahaveer Finance (India) 11.50% Dec 2028 NCD, a secured, rated NCD. It pays an 11.50% 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.

Recent Market Prices

Recent BSE trades for INE911L07147: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-09-02 76.8909 12.1422 —
2026-08-19 76.8531 12.1521 —
2026-07-08 76.3561 12.8147 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2025-10-31
Rating Actions History 1 — 2026-06-23
Secondary-Market Trades 3 NSE OTC (WAP) 2026-09-02
Reg52(4) Payment Disclosures 0 — —
  • No trade in the last 30 days, so the last traded yield is not shown as current.

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)
₹76,890.90
YTM—
Trade Date 2 Sep 2026 67d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹1,263.74
Dirty price (est.)₹78,154.64
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE911L07147
Issue Date
30 Sep 2025
Maturity Date
30 Dec 2028
Listing
BSE
Payment Frequency
Quarterly
Put / Call Option
None disclosed
Security
Secured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

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Frequently Asked Questions
What is the coupon rate on Mahaveer Finance (India) 11.50% Dec 2028 NCD?

Mahaveer Finance (India) 11.50% Dec 2028 NCD carries a coupon of 11.50%, paid quarterly, on a face value of ₹1,00,000.

When does Mahaveer Finance (India) 11.50% Dec 2028 NCD mature?

Mahaveer Finance (India) 11.50% Dec 2028 NCD matures on 30 Dec 2028, 2.1 years from today.

What is Mahaveer Finance (India) 11.50% Dec 2028 NCD rated?

Mahaveer Finance (India) 11.50% Dec 2028 NCD is rated BBB+ by CARE (rating dated 31 Oct 2025).

Is Mahaveer Finance (India) 11.50% Dec 2028 NCD secured?

Mahaveer Finance (India) 11.50% Dec 2028 NCD is a secured bond.

Where does Mahaveer Finance (India) 11.50% Dec 2028 NCD trade?

Mahaveer Finance (India) 11.50% Dec 2028 NCD is listed on BSE.

More Bonds from This Issuer

M
Mahaveer Finance (India) 11.60% Feb 2027 NCD
INE911L07121
BBB+
Coupon
11.60%
Maturity
18 Feb 2027
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) 11.00% 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 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 11.50%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE572J07786Spandana Sphoorty Financial LimitedBBB+11.50%2028-06-30
INE06E507371Hella Infra Market LimitedA- NSDL record, 202511.50%2028-03-25
INE0E2T07090Ecozen Solutions Private Limited—11.50%2028-04-06
INE06E507397Hella Infra Market LimitedA- NSDL record, 202511.50%2028-04-11
INE06E507405Hella Infra Market LimitedA- NSDL record, 202511.50%2028-04-17
INE06E507421Hella Infra Market LimitedA- NSDL record, 202511.50%2028-04-21

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