Berar Finance 10.45% Sep 2028 NCD (INE998Y07220)

Secured NCD

Berar Finance Limited

Secured, Taxable, Redeemable NCD

Browse: bonds maturing in 2028

7 more bonds from Berar Finance Limited →

Current YTM

11.25%

Market YTM

Coupon Rate

10.45%

Per annum

Maturity Date

30 Sep 2028

1.9 Yrs to Maturity

Interest Payment

Monthly

Frequency

Face Value

₹1,00,000

Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.

23 Oct 2026 New rating assigned to BBB+ CRISIL
19 Oct 2026 New rating assigned to BBB+ CRISIL
1 Oct 2026 New rating assigned to BBB+ CRISIL

Market Position

YTM (Annual)

11.25%

Last traded 29 Oct 2026 (end of day)

10Y G-Sec Benchmark

7.19%

Reference point, not this bond's tenor

Spread over G-Sec

+433 bps

vs 1.9Y G-Sec at 6.92%

Top 18% of similar-tenor peers by spread

Tenure

1.9 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

30 Nov 2026

Interest Payment

₹870.83 / Bond

₹783.75 net of 10% TDS (est.)

30 Dec 2026

Interest Payment

₹870.83 / Bond

₹783.75 net of 10% TDS (est.)

30 Jan 2027

Interest Payment

₹870.83 / Bond

₹783.75 net of 10% TDS (est.)

28 Feb 2027

Interest Payment

₹870.83 / Bond

₹783.75 net of 10% TDS (est.)

30 Mar 2027

Interest Payment

₹870.83 / Bond

₹783.75 net of 10% TDS (est.)

30 Apr 2027

Interest Payment

₹870.83 / Bond

₹783.75 net of 10% TDS (est.)

30 May 2027

Interest Payment

₹870.83 / Bond

₹783.75 net of 10% TDS (est.)

30 Jun 2027

Interest Payment

₹870.83 / Bond

₹783.75 net of 10% TDS (est.)

…

+14 more coupons until 30 Aug 2028

₹870.83 each / Bond

30 Sep 2028

Final coupon + principal

₹1,00,870.83 / Bond

₹870.83 coupon + ₹1,00,000 face value

23 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

Key Metrics

Coupon Rate

10.45%

YTM (Annual)

11.25%

Credit Rating

—

No rating on file for this ISIN; issuer rating below

Remaining Tenure

1.9 Years

No rating on file for this ISIN. Issuer rating: BBB+ (CRISIL), assigned 23 Oct 2026 — the agency's rating of the issuer's debt, which may not cover this bond. Agency rationale →

Advanced metrics

Modified Duration

1.70 Yrs

Macaulay Duration

1.72 Yrs

Issue Size

₹50 Cr

Face Value

₹1,00,000

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

Market Characteristics

Modified Duration

1.70 Yrs

Price sensitivity per 1% yield move

Payment Frequency

Monthly

Last Trade

29 Oct 2026

NSE OTC (WAP)

Trades (30 Days)

Exchange-reported sessions

Security Status

Secured

No call option

Observations

This bond is secured.
No public credit rating is available for this bond.
1 secondary-market trade recorded in the last 30 days.
Coupon is 0.25 percentage points above the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 4 Oct 2026

Issuer

Berar Finance Limited

Instrument Type

NCD

Issue Date

30 Sep 2026

Day Count Convention

ACT/ACT

Listed Exchange

—

Call / Put Option

None disclosed

Issued by Berar Finance Limited, Berar Finance 10.45% Sep 2028 NCD is a secured NCD. It pays a 10.45% p.a. coupon, monthly. Principal is repaid at maturity.

Rating Action History

4 actions

Agency actions on Berar Finance 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
2026-10-23	CRISIL	Initial	BBB+	Stable	View →
2026-10-19	CRISIL	Initial	BBB+	Stable	View →
2026-10-01	CRISIL	Initial	BBB+	Stable	View →
2026-08-20	CRISIL	Reaffirm	BBB+	Stable	View →

Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on Berar Finance 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
2026-10-23	CRISIL	Initial	BBB+ / Stable	View →
2026-10-19	CRISIL	Initial	BBB+ / Stable	View →
2026-10-01	CRISIL	Initial	BBB+ / Stable	View →
2026-08-20	CRISIL	Reaffirm	BBB+ / Stable	View →

Alert me about Berar Finance 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 INE998Y07220: trade date, clean price, YTM and number of trades
Trade Date	Clean Price	YTM (%)	Trades
2026-10-29	99.5662	11.2500	—

Data Coverage

Dataset	Records	Detail	Freshness
Credit Ratings	0	—	—
Rating Actions History	4	—	2026-10-23
Secondary-Market Trades	1	NSE OTC (WAP)	2026-10-29
Reg52(4) Payment Disclosures	0	—	—

No public credit rating on file for this bond.

Documents

Entity metadata

Source: NSDL debt master
Last Updated: 4 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.

₹99,566.20

YTM11.25%

Trade Date 29 Oct 2026 10d ago

SourceNSE OTC (WAP)

Accrued interest (est.)₹280.91

Dirty price (est.)₹99,847.11

View on BSE → Calculate YTM for this bond

Frequently Asked Questions

What is the coupon rate on Berar Finance 10.45% Sep 2028 NCD?

Berar Finance 10.45% Sep 2028 NCD carries a coupon of 10.45%, paid monthly, on a face value of ₹1,00,000.

When does Berar Finance 10.45% Sep 2028 NCD mature?

Berar Finance 10.45% Sep 2028 NCD matures on 30 Sep 2028, 1.9 years from today.

Is Berar Finance 10.45% Sep 2028 NCD secured?

Berar Finance 10.45% Sep 2028 NCD is a secured bond.

What yield does Berar Finance 10.45% Sep 2028 NCD currently offer?

The last recorded trade on 29 Oct 2026 priced Berar Finance 10.45% Sep 2028 NCD at ₹99,566.20 per bond, implying a yield to maturity of 11.25%.

More Bonds from This Issuer

Berar Finance 11.50% Feb 2027 NCD

INE998Y07162

BBB

Coupon

11.50%

Maturity

12 Feb 2027

View Details

Berar Finance 11.42% Jun 2027 NCD

INE998Y07188

BBB

Coupon

11.42%

Maturity

26 Jun 2027

View Details

Berar Finance 11.25% Jun 2027 NCD

INE998Y07196

BBB

Coupon

11.25%

Maturity

30 Jun 2027

View Details

Berar Finance 10.95% Aug 2027 NCD

INE998Y07204

BBB+

Coupon

10.95%

Maturity

29 Aug 2027

View Details

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 10.45%. For comparison only, not a recommendation.

Bond	Issuer	Rating	Coupon	Maturity
INE0P3O07013	Rehash Industrial and Resins Chemicals Private Limited	—	10.48%	2029-09-25
INE501X07695	Aye Finance Limited	A-	10.40%	2028-03-30
INE01YL07417	Earlysalary Services Private Limited	A	10.50%	2028-03-09
INE0BUS07CH6	Indel Money Limited	A-	10.50%	2028-01-23
INE07HK07866	Krazybee Services Limited	A	10.50%	2027-12-02
INE136S07013	Neogen Chemicals Limited	A-	10.50%	2028-02-12

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