Corporate Bonds IPO
| Company | Closing date | Rating | Interest up to |
|---|---|---|---|
30 Jun '25 | A+ | 10.75% |
What are corporate Bonds?
It’s a fixed-income investment where an investor lends money to a company for a set period in exchange for periodic interest payments and the return of the principal amount at maturity.
What are corporate Bonds?
It’s a fixed-income investment where an investor lends money to a company for a set period in exchange for periodic interest payments and the return of the principal amount at maturity.
Where will I receive the interest payments?
Interest payouts are credited to your demat linked bank account.
When will I receive my principal amount back?
Principal amount is credited to the demat linked bank account on the maturity date of the Bond.
Can I sell Bonds before maturity?
Yes, you can sell them before maturity in the secondary market, similar to stocks. However, there might not be any potential buyers, which could result in your sell order not getting executed.
How are Bonds taxed?
There are two aspects of this:
Interest payouts: Interest payouts are taxed at applicable slab rates. Additionally, a TDS (Tax deducted at source) of 10% will be deducted before interest payment and the remaining amount will be credited to the demat linked bank account.
Capital gains: Short-term capital gains (STCG) are taxed at applicable slab rates if a Bond is redeemed before 12 months. Long-term capital gains (LTCG) are taxed at 12.5% without indexation if held for more than 12 months. Unlisted bonds are taxed at applicable slab rates irrespective of tenure.
Can I cancel my application?
If you cancel your IPO application, all bids will be canceled, but you can reapply before the closing date. If you cancel after approving the mandate request, your funds will be released within 48 hours after allotment.
Can I place multiple applications for the same Bond IPO?
Yes.