Market closed today (Weekend) · Prices and yields as of last trading day, 06 Nov 2026
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Hero Fincorp 9.81% Nov 2028 NCD (INE957N08045)

ICRA AA+ · NSDL record, 2018 Unsecured NCD

Hero Fincorp Limited

Unsecured, Taxable, Redeemable NCD

Browse: bonds maturing in 2028

39 more bonds from Hero Fincorp Limited →
Current YTM
—
No current market yield
Coupon Rate
9.81%
Per annum
Maturity Date
24 Nov 2028
2.0 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,00,000
Per Bond

Market Position

YTM (Annual)
—
No trade in the last 30 days, so the last traded yield is not shown as current. Last trade 8 Sep 2026.
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
2.0 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
30 Jul 20268 Sep 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

Payment schedule not projected

The issuer's filed interest dates do not follow the maturity-date anniversaries our projection assumes, so projected dates and accrued interest would be wrong.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 6 Dec 2018 Matures 24 Nov 2028

Key Metrics

Coupon Rate
9.81%
YTM (Annual)
—
Credit Rating
AA+
Rating on NSDL record (ICRA, 2018)
Not a current agency rating; see below
Remaining Tenure
2.0 Years

AA+ (ICRA): Rating on NSDL record (ICRA, 2018), dated 22 Nov 2018. 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 No current rating from an agency or exchange is on file, so it may be out of date.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
—
Macaulay Duration
—
Issue Size
₹200 Cr
Face Value
₹10,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
—
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
8 Sep 2026
NSE OTC (WAP)
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option

Observations

  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 0.39 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 6 Nov 2026
Instrument Type
NCD
Issue Date
6 Dec 2018
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

Hero Fincorp 9.81% Nov 2028 NCD is an unsecured NCD issued by Hero Fincorp Limited. It pays a 9.81% 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.

DateAgencyActionRatingOutlookRationale
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.

DateAgencyActionRatingRationale
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 INE957N08045: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-09-08 102.3610 8.5500 —
2026-09-04 101.9400 8.7700 4
2026-08-25 101.5000 9.0000 2
2026-08-13 99.9400 9.7900 1
2026-07-30 99.6000 9.9500 1

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA (NSDL record) 2018-11-22
Rating Actions History 1 — 2026-09-30
Secondary-Market Trades 5 NSE OTC (WAP) 2026-09-08
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.
  • No trade in the last 30 days, so the last traded yield is not shown as current.

Documents

Entity metadata
Source
NSDL debt master
Last Updated
6 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.

Current Price (Clean)
₹10,23,610.00
YTM—
Trade Date 8 Sep 2026 61d ago
SourceNSE OTC (WAP)
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE957N08045
Issue Date
6 Dec 2018
Maturity Date
24 Nov 2028
Listing
—
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on Hero Fincorp 9.81% Nov 2028 NCD?

Hero Fincorp 9.81% Nov 2028 NCD carries a coupon of 9.81%, paid annual, on a face value of ₹10,00,000.

When does Hero Fincorp 9.81% Nov 2028 NCD mature?

Hero Fincorp 9.81% Nov 2028 NCD matures on 24 Nov 2028, 2.0 years from today.

What is Hero Fincorp 9.81% Nov 2028 NCD rated?

No current rating from an agency or exchange is on file for Hero Fincorp 9.81% Nov 2028 NCD. NSDL's debt master records a rating of AA+ by ICRA, dated 22 Nov 2018, often from the time of issue, so it may be out of date.

Is Hero Fincorp 9.81% Nov 2028 NCD secured?

Hero Fincorp 9.81% Nov 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

More Bonds from This Issuer

H
Hero Fincorp 8.40% Dec 2026 NCD
INE957N07765
AA+ NSDL record, 2023
Coupon
8.40%
Maturity
04 Dec 2026
H
Hero Fincorp 8.70% Dec 2026 NCD
INE957N07807
AA+
Coupon
8.70%
Maturity
31 Dec 2026
H
Hero Fincorp 7.60% May 2027 NCD
INE957N07674
AA+ NSDL record, 2022
Coupon
7.60%
Maturity
04 May 2027
H
Hero Fincorp 8.42% Jun 2027 NCD
INE957N07823
AA+
Coupon
8.42%
Maturity
02 Jun 2027
Compare (/) Compare Bonds

Comparable NCDs maturing near 2028

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 9.81%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE605Y07197Auxilo Finserve Private LimitedA+9.80%2028-01-29
INE02VP07065IKF Home Finance LimitedA-9.80%2028-03-24
INE046W07297Muthoot Microfin LimitedA+9.80%2028-09-23
INE04VS07511Oxyzo Financial Services LimitedA+9.80%2027-12-30
INE04VS07479Oxyzo Financial Services LimitedA+9.83%2027-12-24
INE046W07347Muthoot Microfin LimitedA+9.85%2027-12-16

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