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Hero Fincorp 9.25% Jul 2037 NCD (INE957N08227)

NCD

Hero Fincorp Limited

Taxable, Redeemable NCD

Browse: bonds maturing in 2037

39 more bonds from Hero Fincorp Limited →
Current YTM
8.97%
Market YTM
Coupon Rate
9.25%
Per annum
Maturity Date
07 Jul 2037
10.7 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,000
Per Bond

Market Position

YTM (Annual)
8.97%
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
+172 bps
vs 10.7Y G-Sec at 7.25%
Top 21% of similar-tenor peers by spread
Tenure
10.7 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
16 Oct 20266 Nov 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

14 Oct 2027
Interest Payment
₹9,250.00 / Bond
₹8,325.00 net of 10% TDS (est.)
14 Oct 2028
Interest Payment
₹9,250.00 / Bond
₹8,325.00 net of 10% TDS (est.)
14 Oct 2029
Interest Payment
₹9,250.00 / Bond
₹8,325.00 net of 10% TDS (est.)
14 Oct 2030
Interest Payment
₹9,250.00 / Bond
₹8,325.00 net of 10% TDS (est.)
14 Oct 2031
Interest Payment
₹9,250.00 / Bond
₹8,325.00 net of 10% TDS (est.)
14 Oct 2032
Interest Payment
₹9,250.00 / Bond
₹8,325.00 net of 10% TDS (est.)
14 Oct 2033
Interest Payment
₹9,250.00 / Bond
₹8,325.00 net of 10% TDS (est.)
14 Oct 2034
Interest Payment
₹9,250.00 / Bond
₹8,325.00 net of 10% TDS (est.)
…
+2 more coupons until 14 Oct 2036
₹9,250.00 each / Bond
7 Jul 2037
Final coupon (part period) + principal
₹1,06,741.10 / Bond
₹6,741.10 coupon + ₹1,00,000 face value

11 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 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
Today Issued 14 Oct 2026 Matures 7 Jul 2037

Key Metrics

Coupon Rate
9.25%
YTM (Annual)
8.97%
Credit Rating
—
Remaining Tenure
10.7 Years
Advanced metrics
Modified Duration
6.46 Yrs
Macaulay Duration
7.04 Yrs
Issue Size
—
Face Value
₹1,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
6.46 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
6 Nov 2026
BSE
Trades (30 Days)
8
Exchange-reported sessions
Security Status
—
No call option

Observations

  • No public credit rating is available for this bond.
  • 8 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.95 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 18 Oct 2026
Instrument Type
NCD
Issue Date
14 Oct 2026
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

Hero Fincorp Limited issued Hero Fincorp 9.25% Jul 2037 NCD, an NCD. It pays a 9.25% 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 INE957N08227: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-11-06 101.8700 8.9700 2
2026-11-05 100.7900 9.1300 1
2026-11-04 100.0000 9.2400 1
2026-11-03 100.0000 9.2400 1
2026-11-02 99.9800 9.2500 3
2026-10-28 100.0000 9.2500 1
2026-10-21 100.0343 9.2410 1
2026-10-16 100.0400 9.2410 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 0 — —
Rating Actions History 1 — 2026-09-30
Secondary-Market Trades 8 BSE 2026-11-06
Reg52(4) Payment Disclosures 0 — —
  • No public credit rating on file for this bond.

Documents

Entity metadata
Source
NSDL debt master
Last Updated
18 Oct 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)
₹1,01,870.00
YTM8.97%
Trade Date 6 Nov 2026 2d ago
SourceBSE
Accrued interest (est.)₹3,167.81
Dirty price (est.)₹1,05,037.81
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE957N08227
Issue Date
14 Oct 2026
Maturity Date
7 Jul 2037
Listing
—
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
—
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on Hero Fincorp 9.25% Jul 2037 NCD?

Hero Fincorp 9.25% Jul 2037 NCD carries a coupon of 9.25%, paid annual, on a face value of ₹1,00,000.

When does Hero Fincorp 9.25% Jul 2037 NCD mature?

Hero Fincorp 9.25% Jul 2037 NCD matures on 7 Jul 2037, 10.7 years from today.

What yield does Hero Fincorp 9.25% Jul 2037 NCD currently offer?

The last recorded trade on 6 Nov 2026 priced Hero Fincorp 9.25% Jul 2037 NCD at ₹1,01,870.00 per bond, implying a yield to maturity of 8.97%.

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 2037

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 9.25%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE522D08022Manappuram Finance LimitedAA9.10%2036-08-14
INE381Y08037Indiafirst Life Insurance Company Limited—9.03%2036-09-22
INE180C08013Capri Global Capital Limited—9.75%2036-10-13
INE2T2Q07139Hyderabad Metropolitan Development AuthorityAA+ NSDL record, 20268.70%2037-03-13
INE2T2Q07105Hyderabad Metropolitan Development AuthorityAA+ NSDL record, 20268.70%2038-03-15
INE511N08040Axis Max Life Insurance Limited—8.60%2036-09-28

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