Mahaveer Finance Aug '29
Bond overview
33 Mos Matures 10 Aug 2029
Yield (YTM)
+4.3% vs FD11.35% p.a.
Rating
Moderate safetyBBB+
Min. investment
200 Units₹20,09,200
Quarterly payout directly to bank
Exchange-listed NCD — held in demat, verifiable by its ISIN
- Interest
- Quarterly
- Principal
- Staggered redemption
- Maturity date
- 10/08/2029
- Seniority
- Senior (Listed secured)
Security cover
1.1xBacked by a charge on the issuer’s assets
For every ₹1 you invest, the issuer has pledged about ₹1.10 of assets. Monitored by an independent debenture trustee.
Payout schedule
Simulated schedule based on 200 units (₹20,09,200.00 investment)
- 11 Feb '27Coupon #1₹55,729.32Interest
- 11 May '27Coupon #2₹53,912.05Interest
- 10 Aug '29Final maturity & redemption₹6,70,134 + ₹18,378.20Principal + final interest
Other disclosures & Compliance
Bond overview
- ISIN
- INE911L07162
- Issuer
- Mahaveer Finance India Ltd
- Bond type
- Corporate bond · exchange-listed
- Face value
- ₹10,000
- Price per unit
- ₹10,046
- Accrued interest per unit
- -₹12.05
- Coupon rate
- 11.00% · fixed
- Yield to maturity
- 11.35%
- Interest payout
- Quarterly · around day 11 of the month
- Record date
- 15 days before each payout
- Issue date
- 10 Aug 2026
- Maturity date
- 10 Aug 2029
- Security
- Secured · 1.1x cover
- Seniority
- Senior
- Minimum lot
- 200 units
Financials
FY24
FY25
FY26
Rating
Moderate safety
BBB is the lowest investment-grade band: moderate safety and moderate credit risk. Higher yields compensate for this extra risk.
Yield shown is the indicative yield to maturity at the displayed price, assuming the bond is held to maturity and all payments are made on schedule. Bonds carry credit, interest-rate and liquidity risk.
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Frequently asked questions
What is the yield on the Mahaveer Finance India Ltd bond (INE911L07162)?
At today’s price of ₹10,046 per unit, the Mahaveer Finance India Ltd bond offers a yield to maturity of 11.35%. It pays a fixed coupon of 11.00% on its face value of ₹10,000, with interest paid quarterly.
What is the credit rating of Mahaveer Finance India Ltd?
This bond is rated BBB+, which falls in the “moderate safety” band. BBB is the lowest investment-grade band: moderate safety and moderate credit risk. Higher yields compensate for this extra risk.
Is the Mahaveer Finance India Ltd bond secured?
Yes. It is a secured, senior bond with a security cover of about 1.1x, monitored by a debenture trustee.
What is the minimum investment for this bond?
The minimum investment is 200 units, about ₹20,09,200 at today’s price, plus any accrued interest.
When does the Mahaveer Finance India Ltd bond mature?
It matures on 10 Aug 2029 (2y 9m from now). On maturity, the face value is repaid to the bank account linked to your demat account.
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11.35% YTM
Min. ₹20,09,200