Hero Fincorp 7.35% May 2031 NCD (INE957N07591)

CRISIL AA+ · NSDL record, 2021 Secured NCD

Hero Fincorp Limited

Secured, Taxable, Redeemable NCD

Browse: bonds maturing in 2031

39 more bonds from Hero Fincorp Limited →

Current YTM

9.00%

Market YTM

Coupon Rate

7.35%

Per annum

Maturity Date

07 May 2031

4.5 Yrs to Maturity

Interest Payment

Annual

Frequency

Face Value

₹10,00,000

Per Bond

Market Position

YTM (Annual)

9.00%

Last traded 28 Oct 2026 (end of day)

10Y G-Sec Benchmark

7.19%

Reference point, not this bond's tenor

Spread over G-Sec

+184 bps

vs 4.5Y G-Sec at 7.16%

Above the median spread for similar-tenor peers

Tenure

4.5 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.

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

7 May 2027

Interest Payment

₹73,500.00 / Bond

₹66,150.00 net of 10% TDS (est.)

7 May 2028

Interest Payment

₹73,500.00 / Bond

₹66,150.00 net of 10% TDS (est.)

7 May 2029

Interest Payment

₹73,500.00 / Bond

₹66,150.00 net of 10% TDS (est.)

7 May 2030

Interest Payment

₹73,500.00 / Bond

₹66,150.00 net of 10% TDS (est.)

7 May 2031

Final coupon + principal

₹10,73,500.00 / Bond

₹73,500.00 coupon + ₹10,00,000 face value

5 coupons remaining, the last paid with principal at maturity · per ₹10,00,000 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

7.35%

YTM (Annual)

9.00%

Credit Rating

AA+

Rating on NSDL record (CRISIL, 2021)

Not a current agency rating; see below

Remaining Tenure

4.5 Years

AA+ (CRISIL): Rating on NSDL record (CRISIL, 2021), dated 28 Apr 2021. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics

Modified Duration

3.51 Yrs

Macaulay Duration

3.83 Yrs

Issue Size

₹225 Cr

Face Value

₹10,00,000

Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration

3.51 Yrs

Price sensitivity per 1% yield move

Payment Frequency

Annual

Last Trade

28 Oct 2026

BSE

Trades (30 Days)

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 2.85 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 16 Jul 2026

Issuer

Hero Fincorp Limited

Instrument Type

NCD

Issue Date

7 May 2021

Day Count Convention

ACT/ACT

Listed Exchange

—

Call / Put Option

None disclosed

Hero Fincorp Limited issued Hero Fincorp 7.35% May 2031 NCD, a secured NCD. It pays a 7.35% p.a. coupon, annually. Principal is repaid at maturity.

Rating Action History

1 actions

Agency actions on Hero Fincorp 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
2026-09-30	CRISIL	Update	—	—	View →

Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →

Rating Actions on Hero Fincorp 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
2026-09-30	CRISIL	Update	—	View →

Alert me about Hero Fincorp 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 INE957N07591: trade date, clean price, YTM and number of trades
Trade Date	Clean Price	YTM (%)	Trades
2026-10-28	93.9800	9.0000	1

Data Coverage

Dataset	Records	Detail	Freshness
Credit Ratings	1	CRISIL (NSDL record)	2021-04-28
Rating Actions History	1	—	2026-09-30
Secondary-Market Trades	1	BSE	2026-10-28
Reg52(4) Payment Disclosures	0	—	—

No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.

Documents

Entity metadata

Source: NSDL debt master
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.

₹9,39,800.00

YTM9.00%

Trade Date 28 Oct 2026 11d ago

SourceBSE

Accrued interest (est.)₹37,454.79

Dirty price (est.)₹9,77,254.79

View on BSE → Calculate YTM for this bond

Frequently Asked Questions

What is the coupon rate on Hero Fincorp 7.35% May 2031 NCD?

Hero Fincorp 7.35% May 2031 NCD carries a coupon of 7.35%, paid annual, on a face value of ₹10,00,000.

When does Hero Fincorp 7.35% May 2031 NCD mature?

Hero Fincorp 7.35% May 2031 NCD matures on 7 May 2031, 4.5 years from today.

What is Hero Fincorp 7.35% May 2031 NCD rated?

No current rating from an agency or exchange is on file for Hero Fincorp 7.35% May 2031 NCD. NSDL's debt master records a rating of AA+ by CRISIL, dated 28 Apr 2021, often from the time of issue, so it may be out of date.

Is Hero Fincorp 7.35% May 2031 NCD secured?

Hero Fincorp 7.35% May 2031 NCD is a secured bond.

What yield does Hero Fincorp 7.35% May 2031 NCD currently offer?

The last recorded trade on 28 Oct 2026 priced Hero Fincorp 7.35% May 2031 NCD at ₹9,39,800.00 per bond, implying a yield to maturity of 9.00%.

More Bonds from This Issuer

Hero Fincorp 8.40% Dec 2026 NCD

INE957N07765

AA+ NSDL record, 2023

Coupon

8.40%

Maturity

04 Dec 2026

View Details

Hero Fincorp 8.70% Dec 2026 NCD

INE957N07807

AA+

Coupon

8.70%

Maturity

31 Dec 2026

View Details

Hero Fincorp 7.60% May 2027 NCD

INE957N07674

AA+ NSDL record, 2022

Coupon

7.60%

Maturity

04 May 2027

View Details

Hero Fincorp 8.42% Jun 2027 NCD

INE957N07823

AA+

Coupon

8.42%

Maturity

02 Jun 2027

View Details

Compare (/) Compare Bonds

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 7.35%. For comparison only, not a recommendation.

Bond	Issuer	Rating	Coupon	Maturity
INE033L08288	Tata Capital Housing Finance Limited	AAA NSDL record, 2020	7.33%	2031-01-10
INE733E07KI9	NTPC Limited	AAA NSDL record, 2016	7.37%	2031-12-14
INE296A07TL0	Bajaj Finance Limited	AAA	7.38%	2030-06-28
INE134E08NM4	Power Finance Corporation Limited	AAA	7.38%	2032-01-15
INE812V07054	THDC India Limited	AA	7.39%	2031-08-25
INE306N08433	Tata Capital Limited	AAA NSDL record, 2021	7.30%	2031-06-27

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