B
BBB / Stable Secured NCD

Berar Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: BBB rated bonds · bonds maturing in 2028

Current YTM
11.10%
Market YTM
Coupon Rate
11.00%
Per annum
Maturity Date
25 Sep 2028
2.1 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
11.10%
Live, last traded 2026-08-25
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+638 bps
vs 2.1Y G-Sec at 4.72%
Top 11% of similar-tenor peers by spread
Tenure
2.1 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-07 2026-08-25
Cashflow Timeline
25 Sep 2026
Interest Payment
₹916.67 / Bond
25 Oct 2026
Interest Payment
₹916.67 / Bond
25 Nov 2026
Interest Payment
₹916.67 / Bond
25 Dec 2026
Interest Payment
₹916.67 / Bond
25 Jan 2027
Interest Payment
₹916.67 / Bond
25 Feb 2027
Interest Payment
₹916.67 / Bond
25 Mar 2027
Interest Payment
₹916.67 / Bond
25 Apr 2027
Interest Payment
₹916.67 / Bond
25 Sep 2028
Principal Payment
₹100,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Reaffirmed: BBB by CRISIL on 2026-08-20 Initial rating: A by CRISIL on 2026-06-22 Issued 2025-09-25 Matures 2028-09-25

2 rating actions on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
11.00%
YTM (Annual)
11.10%
Credit Rating
BBB
(CRISIL)
Remaining Tenure
2.1 Years
Advanced metrics
Modified Duration
1.84 Yrs
Macaulay Duration
1.86 Yrs
Issue Size
₹40 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.84 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
Last Trade
2026-08-25
BSE
Trades (30 Days)
16
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 16 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
2025-09-25
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Berar Finance Limited issued this secured, rated, ncd (BRFL-11%-25-9-28-PVT) carrying a 11.00% p.a. coupon, paid monthly. It repays principal on maturity.

Rating Action History 2 actions
DateAgencyActionRatingOutlookRationale
2026-08-20 CRISIL Reaffirm BBB Stable View →
2026-06-22 CRISIL Initial A View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-25 100.6000 11.1000 2
2026-08-24 100.7300 11.0000 2
2026-08-20 100.9200 10.8600 3
2026-08-17 100.7400 11.0000 2
2026-08-14 100.7500 11.0000 2
2026-08-13 101.0800 10.7500 3
2026-08-12 100.9300 10.8600 2
2026-08-11 101.1600 10.7000 3
2026-08-10 100.7500 11.0000 2
2026-08-07 100.7700 10.9800 9
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2025-09-30
Rating Actions History 2 2026-08-20
Secondary-Market Trades 10 BSE 2026-08-25
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 Berar Finance 11.00% Sep 2028 NCD?

Berar Finance 11.00% Sep 2028 NCD carries a coupon of 11.00%, paid monthly, on a face value of ₹100,000.

When does Berar Finance 11.00% Sep 2028 NCD mature?

Berar Finance 11.00% Sep 2028 NCD matures on 2028-09-25, 2.1 years from today.

What is Berar Finance 11.00% Sep 2028 NCD rated?

Berar Finance 11.00% Sep 2028 NCD is rated BBB by CRISIL. As of 2025-09-30.

Is Berar Finance 11.00% Sep 2028 NCD secured?

Berar Finance 11.00% Sep 2028 NCD is a secured bond.

Where does Berar Finance 11.00% Sep 2028 NCD trade?

Berar Finance 11.00% Sep 2028 NCD is listed on BSE.

What yield does Berar Finance 11.00% Sep 2028 NCD currently offer?

The last recorded trade on 2026-08-25 priced Berar Finance 11.00% Sep 2028 NCD at ₹100.60, implying a yield to maturity of 11.10%.

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Maturity
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Berar Finance 11.25% Jun 2027 NCD
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