Mahaveer Finance (India) 12.40% Sep 2031 NCD (INE911L08079)
Mahaveer Finance (India) Limited
Unsecured, Rated, Taxable, Redeemable NCD
Browse: BBB rated bonds · bonds maturing in 2031
Market Position
Price vs Yield
Showing last 10 trades.
Cashflow Timeline
Payment schedule not projected
The coupon on this bond resets with a benchmark rate (its NSDL description names one), so no payment schedule, accrued interest or duration is projected from the current rate.Bond Timeline
Key Metrics
Advanced metrics
Market Characteristics
Observations
- This bond is unsecured.
- 21 secondary-market trades recorded in the last 30 days.
- Coupon is 2.20 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 2026Issued by Mahaveer Finance (India) Limited, Mahaveer Finance (India) 12.40% Sep 2031 NCD is an unsecured, rated NCD. It pays a 12.40% p.a. coupon, monthly. Principal is repaid at maturity.
Rating Action History
1 actionsAgency 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 → |
Rating Actions on Mahaveer Finance (India) Limited
last 12 monthsAgencies 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 → |
Recent Market Prices
| Trade Date | Clean Price | YTM (%) | Trades |
|---|---|---|---|
| 2026-11-06 | 103.0500 | 12.2100 | 1 |
| 2026-11-05 | 101.7200 | 12.6000 | 1 |
| 2026-11-04 | 101.7200 | 12.6000 | 3 |
| 2026-11-03 | 102.3400 | 12.4200 | 7 |
| 2026-11-02 | 102.0700 | 12.5000 | 10 |
| 2026-10-30 | 101.7300 | 12.6000 | 1 |
| 2026-10-29 | 102.2300 | 12.4500 | 2 |
| 2026-10-28 | 101.6600 | 12.6200 | 4 |
| 2026-10-27 | 101.6500 | 12.6200 | 6 |
| 2026-10-26 | 101.7300 | 12.6000 | 4 |
Data Coverage
| Dataset | Records | Detail | Freshness |
|---|---|---|---|
| Credit Ratings | 1 | CRISIL | 2026-07-31 |
| Rating Actions History | 1 | — | 2026-06-23 |
| Secondary-Market Trades | 10 | BSE | 2026-11-06 |
| Reg52(4) Payment Disclosures | 0 | — | — |
Documents
Entity metadata
- Source
- NSDL debt master
- Last Updated
- 7 Nov 2026
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What is the coupon rate on Mahaveer Finance (India) 12.40% Sep 2031 NCD?
Mahaveer Finance (India) 12.40% Sep 2031 NCD carries a coupon of 12.40%, paid monthly, on a face value of ₹1,00,000.
When does Mahaveer Finance (India) 12.40% Sep 2031 NCD mature?
Mahaveer Finance (India) 12.40% Sep 2031 NCD matures on 29 Sep 2031, 4.9 years from today.
What is Mahaveer Finance (India) 12.40% Sep 2031 NCD rated?
Mahaveer Finance (India) 12.40% Sep 2031 NCD is rated BBB+ by CRISIL (rating dated 31 Jul 2026).
Is Mahaveer Finance (India) 12.40% Sep 2031 NCD secured?
Mahaveer Finance (India) 12.40% Sep 2031 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.
Where does Mahaveer Finance (India) 12.40% Sep 2031 NCD trade?
Mahaveer Finance (India) 12.40% Sep 2031 NCD is listed on BSE.
What yield does Mahaveer Finance (India) 12.40% Sep 2031 NCD currently offer?
The last recorded trade on 6 Nov 2026 priced Mahaveer Finance (India) 12.40% Sep 2031 NCD at ₹1,03,050.00 per bond, implying a yield to maturity of 12.21%.
More Bonds from This Issuer
Comparable NCDs maturing near 2031
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 12.40%. For comparison only, not a recommendation.
| Bond | Issuer | Rating | Coupon | Maturity |
|---|---|---|---|---|
| INE08E808082 | Shri Ram Finance Corporation Private Limited | A | 12.35% | 2031-10-15 |
| INE04HY08011 | Vedika Credit Capital Limited | A- | 12.50% | 2031-12-05 |
| INE0BUS08047 | Indel Money Limited | A- | 12.25% | 2032-06-09 |
| INE0LWH07096 | CSA Investments Private Limited | B+ | 12.00% | 2031-02-04 |
| INE836B08319 | Satin Creditcare Network Limited | A | 12.00% | 2031-07-23 |
| INE09B308044 | Slice Small Finance Bank Limited | BBB+ | 12.00% | 2031-12-17 |