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Mahaveer Finance (india) 11.20% Nov 2029 NCD

BBB+ Secured NCD

Mahaveer Finance (india) Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: BBB rated bonds · bonds maturing in 2029

Current YTM
12.00%
Market YTM
Coupon Rate
11.20%
Per annum
Maturity Date
26 Nov 2029
3.2 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹10,000
Per Bond
Market Position
YTM (Annual)
12.00%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+610 bps
vs 3.2Y G-Sec at 5.90%
Top 12% of similar-tenor peers by spread
Tenure
3.2 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-13 2026-08-27
Cashflow Timeline
26 Nov 2026
Interest Payment
₹280.00 / Bond
26 Feb 2027
Interest Payment
₹280.00 / Bond
26 May 2027
Interest Payment
₹280.00 / Bond
26 Aug 2027
Interest Payment
₹280.00 / Bond
26 Nov 2027
Interest Payment
₹280.00 / Bond
26 Feb 2028
Interest Payment
₹280.00 / Bond
26 May 2028
Interest Payment
₹280.00 / Bond
26 Aug 2028
Interest Payment
₹280.00 / Bond
26 Nov 2029
Principal Payment
₹10,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹10,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: BBB by CRISIL on 2026-06-23 Issued 2026-05-26 Matures 2029-11-26

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

Key Metrics
Coupon Rate
11.20%
YTM (Annual)
12.00%
Credit Rating
BBB+
(CARE)
Remaining Tenure
3.2 Years
Advanced metrics
Modified Duration
2.67 Yrs
Macaulay Duration
2.75 Yrs
Issue Size
₹65 Cr
Minimum Investment
₹10,000
(1 Bond)
Market Characteristics
Modified Duration
2.67 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-27
BSE
Trades (30 Days)
21
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 21 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.20 percentage points above the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2026-05-26
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

11.20% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 26/11/2029 is a secured, rated, redeemable ncd issued by Mahaveer Finance (india) Limited. The bond offers a fixed coupon of 11.20% p.a. with quarterly interest payments and 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
2026-08-27 99.5500 12.0000 1
2026-08-25 99.3300 12.1700 3
2026-08-24 99.5500 12.0000 1
2026-08-21 99.5500 12.0000 1
2026-08-20 99.5600 12.0000 1
2026-08-19 99.5700 12.0000 2
2026-08-18 99.6500 11.9400 4
2026-08-17 99.6800 11.9200 13
2026-08-14 99.6600 11.9300 4
2026-08-13 99.6300 11.9600 8
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2026-05-15
Rating Actions History 1 2026-06-23
Secondary-Market Trades 10 BSE 2026-08-27
Reg52(4) Payment Disclosures 0
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 Mahaveer Finance (india) 11.20% Nov 2029 NCD?

Mahaveer Finance (india) 11.20% Nov 2029 NCD carries a coupon of 11.20%, paid quarterly, on a face value of ₹10,000.

When does Mahaveer Finance (india) 11.20% Nov 2029 NCD mature?

Mahaveer Finance (india) 11.20% Nov 2029 NCD matures on 2029-11-26, 3.2 years from today.

What is Mahaveer Finance (india) 11.20% Nov 2029 NCD rated?

Mahaveer Finance (india) 11.20% Nov 2029 NCD is rated BBB+ by CARE. As of 2026-05-15.

Is Mahaveer Finance (india) 11.20% Nov 2029 NCD secured?

Mahaveer Finance (india) 11.20% Nov 2029 NCD is a secured bond.

What yield does Mahaveer Finance (india) 11.20% Nov 2029 NCD currently offer?

The last recorded trade on 2026-08-27 priced Mahaveer Finance (india) 11.20% Nov 2029 NCD at ₹99.55, implying a yield to maturity of 12.00%.

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Mahaveer Finance (india) 12.00% Sep 2026 NCD
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