Security Name: 10.99% Indusind General Insurance Company Limited 26 Sep 2035
ISIN: INE124D08027
Taxable
Tax Category
26 Sep, 2030
Call Date
(4 Yr 8 Mo 5 D to call)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
26 Sep, 2025
Allotment Date
NA
Put Date
26 Sep, 2026
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
₹NaN
Dirty Price
10.99%
Coupon
Fixed Interest
Coupon Basis
10.5368%
Current Yield
11 Sep, 2026
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
Risk gauge from Low to High Safety. Needle points between Medium and High Safety. Credit rating is A+ Stable (ACUITE).
| Rating agency | Rating | Needle position |
|---|---|---|
| ACUITE | A+ Stable | between Medium and High Safety |
| CARE | A+ Stable | between Medium and High Safety |
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
Indusind General Insurance Company Limited
Incorporated in 2000, Reliance General Insurance (RGIC) is a wholly owned subsidiary of Reliance Capital Limited (rated CARE BBB-). As of September 2024, the company operates via 128 branches and 7,997 employees, sourcing diverse insurance products through direct channels, brokers, and agents. Its primary revenue is driven by the motor and crop segments.
The ratio in FY25 is 0.58x and it was 0.54x in FY24, indicating increase in the debt level due to decrease in the profit of the company.
Debt/EBITDA
The ratio in FY25 is 19.20x and it was 20.16x in FY24, indicating decrease in the debt level due to decrease in the operating income of the company .
Interest coverage ratio
Recent News
Hinduja Group looking to transfer part of Reliance General stake to domestic LLP
Dec 28, 2023 | Indusind General Insurance Company Limited
Medical evacuation & passport loss aid with Reliance insurance add-on plan
Dec 13, 2024 | Indusind General Insurance Company Limited
Reliance General aims to double health insurance business in 3-4 years
Nov 10, 2025 | Indusind General Insurance Company 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.
Clean Price
Yield (YTC)
Principal Amount
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BOND VALUE DETAILS
Face Value
Market Value
Stamp Duty
Select a Settlement Date:
Total Investment
| Cashflow for INE124D08027 |
|---|
| 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). |
|---|
| Security Name |
|---|
| 10.99% Indusind General Insurance Company Limited 26 Sep 2035 |
| Credit Rating |
|---|
| A+ Stable by ACUITE A+ Stable by CARE |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 10.990000% |
| YTM or YTC |
|---|
| YTC |
| Call Date |
|---|
| 26/09/2030 |
| Security |
|---|
| Unsecured Subordinated Tier 2 |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Jan 20,2026 |
| Principal Amount |
|---|
| ₹1,04,301.3 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹1,04,301.3 |
| Price |
|---|
| ₹104.3013 |
| Yield |
|---|
| 0% |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
|---|
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.
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