Mahaveer Finance (India) 11.00% Aug 2029 NCD (INE911L07162)

CARE BBB- / Stable Secured NCD

Mahaveer Finance (India) Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: BBB rated bonds · bonds maturing in 2029

7 more bonds from Mahaveer Finance (India) Limited →

Current YTM

11.81%

Market YTM

Coupon Rate

11.00%

Per annum

Maturity Date

11 Aug 2029

2.8 Yrs to Maturity

Interest Payment

Quarterly

Frequency

Face Value

₹10,000

Per Bond

Market Position

YTM (Annual)

11.81%

Last traded 6 Nov 2026 (end of day)

10Y G-Sec Benchmark

7.19%

Reference point, not this bond's tenor

Spread over G-Sec

+477 bps

vs 2.8Y G-Sec at 7.04%

Top 14% of similar-tenor peers by spread

Tenure

2.8 Years

Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)

30 Sep 20266 Nov 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

11 Nov 2026

Interest Payment

₹275.00 / Bond

₹247.50 net of 10% TDS (est.)

11 Feb 2027

Interest Payment

₹275.00 / Bond

₹247.50 net of 10% TDS (est.)

11 May 2027

Interest Payment

₹275.00 / Bond

₹247.50 net of 10% TDS (est.)

11 Aug 2027

Interest Payment

₹275.00 / Bond

₹247.50 net of 10% TDS (est.)

11 Nov 2027

Interest Payment

₹275.00 / Bond

₹247.50 net of 10% TDS (est.)

11 Feb 2028

Interest Payment

₹275.00 / Bond

₹247.50 net of 10% TDS (est.)

11 May 2028

Interest Payment

₹275.00 / Bond

₹247.50 net of 10% TDS (est.)

11 Aug 2028

Interest Payment

₹275.00 / Bond

₹247.50 net of 10% TDS (est.)

…

+3 more coupons until 11 May 2029

₹275.00 each / Bond

11 Aug 2029

Final coupon + principal

₹10,275.00 / Bond

₹275.00 coupon + ₹10,000 face value

12 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

Key Metrics

Coupon Rate

11.00%

YTM (Annual)

11.81%

Credit Rating

BBB-

(CARE) · rated 31 Aug 2026, 69 days ago

Remaining Tenure

2.8 Years

Advanced metrics

Modified Duration

2.28 Yrs

Macaulay Duration

2.34 Yrs

Issue Size

₹70 Cr

Minimum Investment

₹10,000

1 bond × ₹10,000 face value (BSE market lot)

Market Characteristics

Modified Duration

2.28 Yrs

Price sensitivity per 1% yield move

Payment Frequency

Quarterly

Last Trade

6 Nov 2026

BSE

Trades (30 Days)

Exchange-reported sessions

Security Status

Secured

No call option

Observations

This bond is secured.
6 secondary-market trades recorded in the last 30 days.
Coupon is 0.80 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

Issuer

Mahaveer Finance (India) Limited

Instrument Type

NCD

Issue Date

11 Aug 2026

Day Count Convention

ACT/ACT

Listed Exchange

BSE

Call / Put Option

None disclosed

Mahaveer Finance (India) Limited issued Mahaveer Finance (India) 11.00% Aug 2029 NCD, a secured, rated NCD. It pays an 11.00% 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.

Date	Agency	Action	Rating	Outlook	Rationale
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.

Date	Agency	Action	Rating	Rationale
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 INE911L07162: trade date, clean price, YTM and number of trades
Trade Date	Clean Price	YTM (%)	Trades
2026-11-06	99.4800	11.8100	4
2026-11-05	99.4800	11.8100	2
2026-11-03	99.4800	11.8100	6
2026-11-02	99.4800	11.8100	19
2026-10-23	99.5528	11.8939	—
2026-10-13	99.3250	11.8570	—
2026-10-01	99.5400	11.7500	10
2026-09-30	99.5100	11.7700	2

Data Coverage

Dataset	Records	Detail	Freshness
Credit Ratings	1	CARE	2026-08-31
Rating Actions History	1	—	2026-06-23
Secondary-Market Trades	8	BSE	2026-11-06
Reg52(4) Payment Disclosures	0	—	—

Documents

Entity metadata

Source: NSDL debt master
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.

₹9,948.00

YTM11.81%

Trade Date 6 Nov 2026 2d ago

SourceBSE

Accrued interest (est.) · ex-interest₹-5.98

Dirty price (est.)₹9,942.02

View on BSE → Calculate YTM for this bond

Frequently Asked Questions

What is the coupon rate on Mahaveer Finance (India) 11.00% Aug 2029 NCD?

Mahaveer Finance (India) 11.00% Aug 2029 NCD carries a coupon of 11.00%, paid quarterly, on a face value of ₹10,000.

When does Mahaveer Finance (India) 11.00% Aug 2029 NCD mature?

Mahaveer Finance (India) 11.00% Aug 2029 NCD matures on 11 Aug 2029, 2.8 years from today.

What is Mahaveer Finance (India) 11.00% Aug 2029 NCD rated?

Mahaveer Finance (India) 11.00% Aug 2029 NCD is rated BBB- by CARE (rating dated 31 Aug 2026).

Is Mahaveer Finance (India) 11.00% Aug 2029 NCD secured?

Mahaveer Finance (India) 11.00% Aug 2029 NCD is a secured bond.

Where does Mahaveer Finance (India) 11.00% Aug 2029 NCD trade?

Mahaveer Finance (India) 11.00% Aug 2029 NCD is listed on BSE.

What yield does Mahaveer Finance (India) 11.00% Aug 2029 NCD currently offer?

The last recorded trade on 6 Nov 2026 priced Mahaveer Finance (India) 11.00% Aug 2029 NCD at ₹9,948.00 per bond, implying a yield to maturity of 11.81%.

More Bonds from This Issuer

Mahaveer Finance (India) 11.60% Feb 2027 NCD

INE911L07121

BBB+

Coupon

11.60%

Maturity

18 Feb 2027

View Details

Mahaveer Finance (India) 16.00% Mar 2027 NCD

INE911L08053

BBB NSDL record, 2022

Coupon

16.00%

Maturity

16 Mar 2027

View Details

Mahaveer Finance (India) 11.50% Dec 2028 NCD

INE911L07147

BBB+

Coupon

11.50%

Maturity

30 Dec 2028

View Details

Mahaveer Finance (India) 11.20% Nov 2029 NCD

INE911L07154

BBB+

Coupon

11.20%

Maturity

26 Nov 2029

View Details

Compare (/) Compare Bonds

Comparable NCDs maturing near 2029

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 11.00%. For comparison only, not a recommendation.

Bond	Issuer	Rating	Coupon	Maturity
INE14H407116	Finnable Credit Private Limited	BBB+	11.00%	2028-08-26
INE179P07621	Dvara Kshetriya Gramin Financial Services Private Limited	BBB+ NSDL record, 2025	11.00%	2029-01-30
INE076I07061	RDC Concrete(India) Limited	A	11.00%	2029-02-12
INE0P6G07194	Hella Infra Market Retail Private Limited	A-	11.00%	2029-03-17
INE14H407157	Finnable Credit Private Limited	BBB+	11.00%	2029-01-31
INE06E507579	Hella Infra Market Limited	—	11.00%	2029-03-29

← Back to screener