Yield to Maturity (YTM)YTM defines the annual return a bond offers if held to maturity. It assumes all payouts received get reinvested at the same rate until maturity.
YTM is XIRR of bonds.
Principal is returned in bullet instalments
The Principal is returned in bullet instalments for this Bond, so you receive a portion of your invested amount back regularly.
As principal is returned, interest is earned on the outstanding principal.
Bond details
Minimum investment₹1,01,031.33
Date of maturity30 Jun 2028
ISININE296G07325
Bond typeSenior Secured
Rating
AA-
What does rating mean?
Rating
The rating of an issuer company reflects its past growth and performance. The rating increases when the company consistently performs well and decreases when it is not performing well.
Categories
Low risk:
AAA, AA+, AA, AA-, A+, A, A-
Moderate risk
BBB+, BBB, BBB-, BB+, BB
High risk
BB-, B+, B, B-, C, D
The rating agency for this Bond is CRISIL.
Calculate your returns
You invest₹00 unit
You get₹0
Interest +₹0
Payout
Maturing on 30 Jun '28 • Quarterly payout
About
Muthoot Capital Services Limited is a financial services entity headquartered at Muthoot Towers, MG Road, Kochi, Ernakulam, with Mr. Ramandeep Singh Gill serving as its Chief Financial Officer. The company raises capital through debt instruments, including Non-Convertible Debentures (NCDs). Its debt securities are evaluated by credit rating agencies such as CRISIL Ratings Limited and fall under the regulatory purview of financial sector regulators including SEBI, the RBI, and the MCA.;
Pros and Cons
Pros
Cons
CRISIL Ratings assigned a high-investment-grade rating of 'Crisil AA-/Stable' to the company's Rs. 200 Crore Non-Convertible Debentures.
Debt instruments carrying this rating are evaluated to have a high degree of safety regarding the timely servicing of financial obligations.
The rated securities carry very low credit risk according to CRISIL Ratings' credit evaluation criteria.
The assigned rating carries a 'Stable' outlook, reflecting expectations of steady creditworthiness over the tenure of the instrument.
The company maintains active corporate governance and regulatory compliance by adhering to SEBI mandates for centralized debt databases and reporting.
Other details
Clean price₹99,941.60
Dirty price₹1,01,031.33
Current yield9.60%
Security cover--
Issue size211.51Cr
Original bond tenure24 months
TrusteeVardhman Trusteeship Private Limited
Mode of issueNCD
Listed onNSE
Listing date30 Jun 2026
Coupon rate9.25%
Other details
Clean priceThe bond's original price without earned interest on it.
Dirty priceThe total price you pay - bond price plus accrued interest.
Security coverThe value of assets pledged by the issuer as backup, shown as a multiple of the outstanding loan amount.
Issue sizeThe total amount of money the company is raising through this bond issue.
Original bond tenureThe total duration of the bond from issue date to maturity date.
TrusteeAn independent entity appointed to protect bondholders' interests and monitor the issuer.
Mode of issueHow the bond is offered to investors (e.g., public issue open to all investors).
Listed onStock exchanges where the bond can be bought and sold after issuance.
Listing dateThe date from which the bond became available for trading on the stock exchange.
Maturity dateThe date when the company repays the bond's principal amount.
Coupon rateThe fixed annual interest rate paid to investors on the bond's face value.
Current yieldThe annual interest you earn divided by the bond's current market price.