Security Name: 10.50% Nirmal Bang Securities Private Limited 10 Dec 2025
ISIN:
INE681R08091
Taxable
Tax Category
10 Jul, 2025
Call Date
(2 Mo 6 D to call)
Monthly
Interest Payment Frequency
Yes
NRI Eligibility
10 Jun, 2024
Allotment Date
NA
Put Date
10 Jun, 2025
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
10.5%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
26 May, 2025
Record Date
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
Nirmal Bang Securities Private Limited
Established in 1994, the Nirmal Bang group offers a wide array of financial services such as equity and commodity broking, financing of initial public offerings, mutual funds distribution, research, margin funding, and loans against shares to retail and institutional clients. It is a registered member of the National Stock Exchange (both cash and F&O segments) and the Bombay Stock Exchange, and a depository participant of National Securities Depository Ltd and Central Depository Services (India) Ltd. The promoters, Mr Kishore Bang and Mr Dilip Bang, have experience of over two decades in the capital markets
The ratio in FY24 is 2.19x and it was 0.29x in FY23, indicating increase in debt level due to increase in the borrowings as well as increase in the interest on debt securities which led to overall increase in finance cost of the issuer in FY24.
Debt/EBITDA
The ratio in FY24 is 3.55x and it was 1.37x in FY23, indicating increase in the debt servicing ability of the issuer due to increase in the profitability in FY24.
Interest coverage ratio
Recent News
Nirmal Bang Securities Pvt standalone net profit rises 291.48% in the March 2024 quarter
Sep 03, 2024 | Nirmal Bang Securities Private Limited
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STEPS TO BUY THIS BOND
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
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BOND VALUE DETAILS
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Total Investment
| Cashflow for INE681R08091 |
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| Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
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| Security Name |
|---|
| 10.50% Nirmal Bang Securities Private Limited 10 Dec 2025 |
| Credit Rating |
|---|
| A- Stable by CRISIL |
| Coupon Frequency |
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| Monthly |
| Face Value |
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| ₹1,00,000 |
| Coupon |
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| 10.500000% |
| YTM or YTC |
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| YTC |
| Call Date |
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| 10/07/2025 |
| Security |
|---|
| Senior Unsecured |
| No. of Bonds |
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| 1 |
| Settlement Date |
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| Principal Amount |
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| ₹NaN |
| Accrued Interest |
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| ₹NaN |
| Stamp Duty |
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| ₹0 |
| Total Amount Payable |
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| ₹NaN |
| Price |
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| ₹NaN |
| Yield |
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| % |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
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Quote Not Available for purchase
Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
