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Mahaveer Finance (india) 11.50% Dec 2028 NCD

BBB Secured NCD

Mahaveer Finance (india) Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: BBB rated bonds · bonds maturing in 2028

Current YTM
12.15%
Market YTM
Coupon Rate
11.50%
Per annum
Maturity Date
30 Dec 2028
2.3 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
12.15%
Live, last traded 2026-08-19
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+778 bps
vs 2.3Y G-Sec at 4.37%
Top 7% of similar-tenor peers by spread
Tenure
2.3 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.
Cashflow Timeline
30 Sep 2026
Interest Payment
₹2,875.00 / Bond
30 Dec 2026
Interest Payment
₹2,875.00 / Bond
30 Mar 2027
Interest Payment
₹2,875.00 / Bond
30 Jun 2027
Interest Payment
₹2,875.00 / Bond
30 Sep 2027
Interest Payment
₹2,875.00 / Bond
30 Dec 2027
Interest Payment
₹2,875.00 / Bond
30 Mar 2028
Interest Payment
₹2,875.00 / Bond
30 Jun 2028
Interest Payment
₹2,875.00 / Bond
30 Dec 2028
Principal Payment
₹100,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: BBB by CRISIL on 2026-06-23 Issued 2025-09-30 Matures 2028-12-30

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

Key Metrics
Coupon Rate
11.50%
YTM (Annual)
12.15%
Credit Rating
BBB
(CARE)
Remaining Tenure
2.3 Years
Advanced metrics
Modified Duration
1.98 Yrs
Macaulay Duration
2.04 Yrs
Issue Size
₹60 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.98 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-19
NSE OTC (WAP)
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 1.50 percentage points above the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2025-09-30
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Mahaveer Finance (india) Limited issued this secured, rated, ncd (MFIL-11.5%-30-12-28-PVT) carrying a 11.50% p.a. coupon, paid quarterly. It repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-06-23 CRISIL Initial BBB Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-19 76.8531 12.1521 None
2026-07-08 76.3561 12.8147 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2025-10-31
Rating Actions History 1 2026-06-23
Secondary-Market Trades 2 NSE OTC (WAP) 2026-08-19
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 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 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 ₹100,000.

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

Mahaveer Finance (india) 11.50% Dec 2028 NCD matures on 2028-12-30, 2.3 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. As of 2025-10-31.

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.

What yield does Mahaveer Finance (india) 11.50% Dec 2028 NCD currently offer?

The last recorded trade on 2026-08-19 priced Mahaveer Finance (india) 11.50% Dec 2028 NCD at ₹76.85, implying a yield to maturity of 12.15%.

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Mahaveer Finance (india) 12.00% Sep 2026 NCD
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Maturity
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Mahaveer Finance (india) 11.60% Feb 2027 NCD
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