M
BBB Secured NCD

Manba Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: BBB rated bonds · bonds maturing in 2028

Current YTM
11.35%
Market YTM
Coupon Rate
11.00%
Per annum
Maturity Date
13 Mar 2028
1.5 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
11.35%
Live, last traded 2026-08-24
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+557 bps
vs 1.5Y G-Sec at 5.78%
Top 18% of similar-tenor peers by spread
Tenure
1.5 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-15 2026-08-24
Cashflow Timeline
29 Sep 2026
Interest Payment
₹2,750.00 / Bond
29 Dec 2026
Interest Payment
₹2,750.00 / Bond
29 Mar 2027
Interest Payment
₹2,750.00 / Bond
29 Jun 2027
Interest Payment
₹2,750.00 / Bond
29 Sep 2027
Interest Payment
₹2,750.00 / Bond
29 Dec 2027
Interest Payment
₹2,750.00 / Bond
13 Mar 2028
Principal Payment
₹100,000.00 / Bond

Next 6 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: A by CRISIL on 2026-08-19 Issued 2025-09-29 Matures 2028-03-13

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

Key Metrics
Coupon Rate
11.00%
YTM (Annual)
11.35%
Credit Rating
BBB
(CARE)
Remaining Tenure
1.5 Years
Advanced metrics
Modified Duration
1.37 Yrs
Macaulay Duration
1.40 Yrs
Issue Size
₹100 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.37 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-24
BSE
Trades (30 Days)
8
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 8 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.00 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
2025-09-29
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Manba Finance Limited issued this secured, rated, ncd (MFL-11%-13-3-28-PVT) carrying a 11.00% p.a. coupon, paid quarterly. It repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-08-19 CRISIL Initial A View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-24 100.1600 11.3500 1
2026-08-11 100.1600 11.3500 1
2026-08-10 100.1600 11.3500 2
2026-08-06 100.1600 11.3500 5
2026-08-05 100.1600 11.3500 4
2026-08-03 100.3500 11.1000 1
2026-07-31 100.3200 11.1500 1
2026-07-30 100.1600 11.3500 2
2026-07-16 99.8500 11.7500 1
2026-07-15 100.0500 11.5000 1
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2025-10-31
Rating Actions History 1 2026-08-19
Secondary-Market Trades 10 BSE 2026-08-24
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 Manba Finance 11.00% Mar 2028 NCD?

Manba Finance 11.00% Mar 2028 NCD carries a coupon of 11.00%, paid quarterly, on a face value of ₹100,000.

When does Manba Finance 11.00% Mar 2028 NCD mature?

Manba Finance 11.00% Mar 2028 NCD matures on 2028-03-13, 1.5 years from today.

What is Manba Finance 11.00% Mar 2028 NCD rated?

Manba Finance 11.00% Mar 2028 NCD is rated BBB by CARE. As of 2025-10-31.

Is Manba Finance 11.00% Mar 2028 NCD secured?

Manba Finance 11.00% Mar 2028 NCD is a secured bond.

Where does Manba Finance 11.00% Mar 2028 NCD trade?

Manba Finance 11.00% Mar 2028 NCD is listed on BSE.

What yield does Manba Finance 11.00% Mar 2028 NCD currently offer?

The last recorded trade on 2026-08-24 priced Manba Finance 11.00% Mar 2028 NCD at ₹100.16, implying a yield to maturity of 11.35%.

More Bonds from This Issuer
M
Manba Finance 11.75% Aug 2026 NCD
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Coupon
11.75%
Maturity
29 Aug 2026
M
Manba Finance 11.50% Sep 2026 NCD
BBB
Coupon
11.50%
Maturity
28 Sep 2026
M
Manba Finance 11.35% Oct 2026 NCD
BBB
Coupon
11.35%
Maturity
27 Oct 2026
M
Manba Finance 11.25% Feb 2027 NCD
BBB
Coupon
11.25%
Maturity
09 Feb 2027
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