Unifinz capital India limited bonds explained: Price, ISIN, yield, rating and key risks

Unifinz Capital India Bond Overview

The Unifinz Capital India Limited bond, identified by ISIN INE926R07035, is a secured, rated and listed non-convertible debenture issued through private placement.

Each NCD has a face value of ₹10,000 and carries a fixed coupon rate of 13% per annum, payable monthly. The bond was issued on May 20, 2026 and is scheduled to mature on May 20, 2028.

The security is rated BBB- by CRISIL, with a rating date of March 20, 2026. Vardhaman Trusteeship Private Limited is the debenture trustee.

Investors evaluating this bond should look beyond its 13% coupon rate. Its live market price, yield to maturity, credit rating, secured structure, remaining tenure, issuer repayment capacity and secondary-market liquidity are equally important.

Quick answer

The Unifinz Capital NCD offers a fixed coupon rate of 13% per annum with monthly payouts. However, the return comes with issuer credit risk, liquidity risk, interest rate risk, and the possibility of price fluctuations before maturity.

The latest Unifinz Capital India bond prices and YTMs should be checked on Platforms like BondScanner at the time of investment, as both may change with market conditions.

Investors new to this asset class can first read BondScanner’s guide to corporate bonds in India.

Bond prices and YTM are market-linked. The values visible when an investor places an order may change because of accrued interest, market demand, remaining tenure and changes in perceived credit risk.

Check the latest price, YTM, settlement value and availability on BondScanner before placing an order.

What Is a Unifinz Capital NCD?

A non-convertible debenture, or NCD, is a debt instrument issued by a company to borrow money from investors.

When an investor purchases the Unifinz Capital NCD, the investor lends money to Unifinz Capital India Limited. In return, the issuer agrees to make interest and principal payments according to the terms of the security.

The term “non-convertible” means that the debenture does not ordinarily convert into equity shares of the issuing company. The investor’s return instead comes from coupon payments and repayment of principal.

The Unifinz Capital bond covered in this article is:

● Secured

● Listed

● Rated

● Redeemable

● Privately placed

● Fixed-coupon

● Monthly interest-paying

Investors can learn more about the structure and trading of NCDs in BondScanner’s guide to non-convertible debentures in the primary and secondary markets.

What Is ISIN INE926R07035?

INE926R07035 is the International Securities Identification Number assigned to this specific debt security issued by Unifinz Capital India Limited.

An ISIN is a unique 12-character code used to identify a financial security. It helps investors distinguish one bond from another, even when the same company has issued multiple NCDs.

Different NCDs from the same issuer may have different:

● Coupon rates

● Issue dates

● Maturity dates

● Interest-payment frequencies

● Credit ratings

● Security structures

● Redemption conditions

Investors should therefore use INE926R07035 while checking the bond’s live price, YTM, coupon schedule, rating and maturity details.

Searching only for “Unifinz Capital NCD” may display more than one debt security. Verifying the ISIN helps ensure that the information belongs to the correct bond.

Unifinz Capital India Bonds Price

The Unifinz Capital India bonds price is the market price at which the NCD is available for purchase.

This price may be equal to, above or below the face value of ₹10,000.

Bond trading at par

The bond trades at par when its market price is equal to its face value.

For this NCD, a market price of ₹10,000 per unit would mean that it is trading at par.

Bond trading at a premium

The bond trades at a premium when its market price is above ₹10,000.

This may happen when its 13% coupon is more attractive than the yields available on comparable bonds in the market.

Bond trading at a discount

The bond trades at a discount when its market price is below ₹10,000.

This may happen when market interest rates rise, investor demand weakens or the perceived credit risk of the issuer increases.

Why can the Unifinz bond price change?

The market price of INE926R07035 may be affected by:

• Changes in market interest rates

• Changes in the issuer’s credit profile

• Credit-rating actions

• Remaining time until maturity

• Demand and supply in the secondary market

• Accrued interest

• Availability of buyers and sellers

• Overall market liquidity

Bond prices and market yields generally move in opposite directions. When the yield demanded by investors rises, the bond’s price may fall. When the required yield declines, its price may rise.

For a detailed explanation, read why bond prices move and how they affect returns.

Clean Price, Accrued Interest and Settlement Value

The displayed bond price may not always be the final amount paid by the investor.

Clean price

The clean price is the quoted market price of the bond excluding accrued interest.

Accrued interest

Accrued interest is the interest earned on the bond from the previous coupon-payment date until the settlement date.

Because the Unifinz Capital NCD pays interest monthly, accrued interest may build up between two monthly coupon dates.

When an investor purchases the bond during this period, the buyer may compensate the seller for the interest accrued until settlement.

Settlement value

The final settlement value may include:

● Clean price

● Accrued interest

● Number of NCDs purchased

● Applicable statutory charges

Investors should review the complete order summary before confirming the transaction.

Read BondScanner’s guide to clean price versus dirty price.

Unifinz Bond Yield and YTM

The Unifinz bond yield should be evaluated using yield to maturity rather than only its 13% coupon rate.

What is yield to maturity?

Yield to maturity, or YTM, is the estimated annualised return an investor may earn when:

● The bond is purchased at the stated market price

● All scheduled coupon payments are received

● The bond is held until maturity

● Principal is repaid as promised

● Interim cash flows are reinvested at the assumed rate

YTM considers:

● Purchase price

● Coupon payments

● Redemption value

● Remaining tenure

● Timing of cash flows

This makes YTM a broader return measure than the coupon rate alone.

Unifinz Bond Yield and YTM

The Unifinz bond yield should be evaluated using yield to maturity rather than only its 13% coupon rate.

What is yield to maturity?

Yield to maturity, or YTM, is the estimated annualised return an investor may earn when:

● The bond is purchased at the stated market price

● All scheduled coupon payments are received

● The bond is held until maturity

● Principal is repaid as promised

● Interim cash flows are reinvested at the assumed rate

YTM considers:

● Purchase price

● Coupon payments

● Redemption value

● Remaining tenure

● Timing of cash flows

This makes YTM a broader return measure than the coupon rate alone.

The Unifinz Capital NCD has a fixed coupon rate of 13% per annum. However, its YTM may be higher or lower than 13% depending on the live price at which it is purchased.

If the bond is purchased below its ₹10,000 face value, its YTM may be higher than the coupon rate because the investor may also receive a capital gain at redemption.

If it is purchased above face value, its YTM may be lower than the coupon rate because the investor has paid a premium.

For a detailed comparison, read coupon rate versus yield to maturity.

Is the Displayed YTM Guaranteed?

No. YTM is an estimated return and is not guaranteed.

The realised return may differ when:

● The issuer delays a coupon payment

● The issuer defaults on principal repayment

● The investor sells before maturity

● Coupon income is reinvested at a lower rate

● Transaction costs reduce the effective return

● The bond is purchased at a different settlement value

A higher YTM may sometimes reflect:

● Higher perceived credit risk

● Lower liquidity

● Weaker investor demand

● A shorter or longer remaining tenure

● Changes in market interest rates

Investors should compare the YTM of INE926R07035 with bonds having similar ratings and maturities.

BondScanner’s guide on bond yields for retail investors explains how different yield measures should be interpreted.

Coupon Rate and Monthly Interest Payments

The Unifinz Capital NCD carries a fixed coupon rate of 13% per annum, payable monthly.

Each NCD has a face value of ₹10,000.

The annual coupon amount per NCD is:

₹10,000 × 13% = ₹1,300 per year

The indicative monthly coupon amount is:

₹1,300 ÷ 12 = approximately ₹108.33 per month

The monthly figure is an indicative calculation before tax.

Actual coupon credits may vary slightly because of:

● Day-count conventions

● Rounding methodology

● Record dates

● Settlement date

● Terms of the issue documents

The coupon rate should not be confused with YTM. The coupon is calculated on the face value, while YTM also considers the market price and remaining tenure.

Read more about how and when bond coupon payments are credited.

Credit Rating of the Unifinz Capital Bond

The Unifinz Capital NCD with ISIN INE926R07035 is rated BBB- by CRISIL.

The rating date displayed on BondScanner is March 20, 2026.

A credit rating represents the rating agency’s opinion about the issuer’s ability to meet its debt obligations on time.

It is not:

● A guarantee of repayment

● A guarantee against default

● An investment recommendation

● A substitute for reviewing issuer financials

What does BBB- indicate?

BBB- falls within the investment-grade category under commonly used rating scales. However, it is at the lower end of the investment-grade range.

This means the instrument is considered to have an adequate degree of safety regarding timely servicing of financial obligations, while adverse business or economic conditions may affect the issuer’s repayment capacity.

Investors should read the latest CRISIL rating rationale and monitor any subsequent rating action.

What should investors review beyond the rating?

Investors should examine:

● Issuer profitability

● Borrowing profile

● Liquidity position

● Leverage

● Cash flows

● Asset quality

● Repayment obligations

● Funding concentration

● Governance factors

● Rating history

A downgrade may increase the yield demanded by the market and reduce the bond’s price.

Read BondScanner’s guide to bond credit ratings and rating agencies.

Is the Unifinz Capital NCD Secured?

Yes. Based on the bond details available on platforms like BondScanner, the Unifinz Capital NCD is a listed secured debenture.

A secured NCD is backed by identified assets, receivables or another form of collateral, according to the security and issue documents.

If the issuer defaults, secured debenture holders may have a claim over the charged assets through the debenture trustee.

For this bond, Vardhaman Trusteeship Private Limited acts as the debenture trustee.

Does secured mean risk-free?

No. A secured bond is not risk-free.

Recovery depends on:

● Whether the security was properly created

● The quality of the charged assets

● The realisable value of the collateral

● The level of security cover

● Claims of other lenders

● Enforcement costs

● Time required for recovery

The market value of the security may also differ from its reported value at the time of enforcement.

Investors should review the information memorandum, security-cover disclosures and trustee reports.

Read more about secured versus unsecured bonds.

Key Risks of Unifinz Capital India Bonds

1. Credit risk

Credit risk is the possibility that Unifinz Capital India Limited may delay or fail to make a monthly coupon or principal payment.

The BBB- rating does not eliminate default risk.

2. Liquidity risk

Listed corporate bonds may not trade as frequently as listed shares.

An investor who wants to sell INE926R07035 before maturity may not find a buyer immediately. The investor may also need to accept a lower price.

3. Interest-rate risk

Bond prices generally move inversely to market interest rates.

If market rates rise after purchase, the market value of the bond may decline.

This is particularly relevant for investors who may need to sell before May 20, 2028.

4. Credit-rating downgrade risk

A downgrade can reduce demand for the bond and increase the yield required by investors.

Because price and yield generally move in opposite directions, the bond’s market price may fall following a downgrade.

5. Refinancing risk

The issuer may depend on banks, financial institutions, bond markets or other funding sources to meet business and repayment requirements.

Difficult funding conditions may affect liquidity.

6. Cash-flow risk

Any weakening in the issuer’s operating cash flows or debt-servicing capacity could affect its ability to meet scheduled coupon and principal payments.

7. Concentration risk

An investor who allocates a large part of a portfolio to a single issuer may face a higher impact if that issuer experiences financial stress.

8. Security-enforcement risk

Even though the NCD is secured, enforcement and recovery may take time.

The realisable value of charged assets may be lower than expected.

9. Reinvestment risk

The bond pays monthly interest. Investors may need to reinvest these coupon payments at lower prevailing rates.

The realised return may therefore differ from the displayed YTM.

10. Early-sale risk

An investor selling the bond before maturity may receive more or less than the original purchase price.

The return may therefore differ from the return expected at the time of purchase.

For a broader explanation, read BondScanner’s guide to risks in bond investing.

Unifinz Capital India Bonds Review

A balanced Unifinz Capital India bonds review should examine both the potential income and the associated credit and liquidity risks.

Potential advantages

● Fixed coupon rate of 13% per annum

● Monthly interest payouts

● Defined maturity date of May 20, 2028

● Secured structure

● Listed debt security

● Clear identification through ISIN INE926R07035

● Potential diversification beyond equities

● Face value of ₹10,000 per NCD

Important limitations

● BBB- rating carries credit risk

● Interest and principal payments depend on the issuer

● Credit ratings may change

● Secondary-market liquidity may be limited

● Market price may fluctuate

● Secured status does not guarantee full or immediate recovery

● YTM is indicative and not assured

● Selling before maturity may result in a capital loss

The Unifinz Capital NCD should not be selected only because it carries a 13% coupon.

Investors should evaluate whether the potential return adequately compensates for:

● BBB- credit risk

● Issuer concentration

● Liquidity risk

● Remaining tenure

● Market-price volatility

● Recovery risk

The bond should also be compared with other listed NCDs having similar ratings, maturity periods and payout frequencies.

Who May Consider This Bond?

The Unifinz Capital NCD may be relevant for investors who:

● Understand corporate credit risk

● Are comfortable investing in a BBB- rated instrument

● Can hold the bond until May 20, 2028

● Do not require immediate liquidity

● Want monthly contractual coupon payments

● Have reviewed the issuer’s financial position

● Are diversifying across multiple bond issuers

It may be less suitable for investors who:

● Require guaranteed capital protection

● Are uncomfortable with BBB- credit risk

● May need the invested amount at short notice

● Are you investing only because of the 13% coupon

● Do not understand default and liquidity risks

● Already have significant exposure to the issuer

Even when an investor has a positive view of the bond, exposure to one issuer should be controlled through portfolio diversification.

How to Invest Through OBPP Platforms like BondScanner

Investors can use platforms like BondScanner to explore and compare available corporate bonds based on:

● Yield to maturity

● Coupon rate

● Credit rating

● Maturity date

● Payout frequency

● Face value

● Minimum investment

● Security type

● Remaining tenure

A typical bond-investment process includes:

• Explore the bonds available on BondScanner

• Search using the issuer name or ISIN

• Review price, YTM, coupon, rating and maturity

• Read the available bond and issuer details

• Complete the required KYC and demat verification

• Select the investment quantity

• Review accrued interest and the final settlement value

• Complete the payment and order process

After successful settlement, the bond is credited to the investor’s demat account, subject to the applicable process and settlement timeline.

Read BondScanner’s guide on where to buy corporate bonds in India.

Frequently Asked Questions

What is the ISIN of the Unifinz Capital India Limited bond?

The ISIN of the bond covered in this article is INE926R07035.

What is the face value of the Unifinz Capital NCD?

The face value is ₹10,000 per NCD.

What is the coupon rate of the Unifinz Capital bond?

The bond carries a fixed coupon rate of 13% per annum.

How frequently does the Unifinz bond pay interest?

The coupon is payable monthly.

How much monthly interest does one NCD pay?

Based on a face value of ₹10,000 and a 13% annual coupon, the indicative monthly coupon is approximately ₹108.33 per NCD before tax.

The actual credit may vary slightly because of applicable issue terms, day-count conventions and rounding.

What is the issue date of INE926R07035?

The issue date is May 20, 2026.

What is the maturity date of the Unifinz Capital NCD?

The bond is scheduled to mature on May 20, 2028.

What is the credit rating of the Unifinz Capital bond?

The bond is rated BBB- by CRISIL. The rating date displayed on BondScanner is March 20, 2026.

Is the Unifinz Capital NCD secured?

Yes. The bond is listed as a secured NCD on BondScanner.

Who is the debenture trustee?

Vardhaman Trusteeship Private Limited is the debenture trustee.

What is the current Unifinz Capital India bonds price?

The current price is market-linked and may change. Investors should check the latest live price on BondScanner.

What is the current Unifinz bond yield?

The current YTM depends on the live purchase price, remaining tenure and expected cash flows. Investors should check the latest YTM displayed on BondScanner.

Is the 13% coupon the same as YTM?

No. The coupon rate is calculated on the ₹10,000 face value. YTM also considers the market price, monthly coupons, redemption value and remaining tenure.

Is the displayed YTM guaranteed?

No. YTM is an indicative annualised return based on stated assumptions. The realised return may differ.

Is the Unifinz Capital India Limited bond safe?

No corporate bond is completely risk-free. This bond carries credit risk, liquidity risk, interest-rate risk and default risk despite being secured and rated.

Can the bond be sold before maturity?

The bond may be sold in the secondary market when a buyer is available. However, liquidity and the selling price are not guaranteed.

What happens when the bond matures?

Subject to the issuer meeting its obligations, the principal is repaid according to the redemption terms on maturity. Any coupon due is also paid according to the issue schedule.

Is a higher YTM always better?

No. A higher YTM may reflect higher credit risk, lower liquidity or weaker demand. Yield should be evaluated together with the rating, issuer quality and maturity.

Conclusion

The Unifinz Capital India Limited bond, identified by ISIN INE926R07035, is a secured, rated and listed NCD with a face value of ₹10,000 per unit.

It carries a fixed coupon rate of 13% per annum, payable monthly, and is scheduled to mature on May 20, 2028. The instrument is rated BBB- by CRISIL, and Vardhaman Trusteeship Private Limited acts as the debenture trustee.

The fixed coupon and monthly payout structure may appeal to investors seeking periodic income. However, the bond also carries credit risk, liquidity risk, interest-rate risk and recovery risk.

Investors should not assess it only on the basis of its 13% coupon. The live market price, YTM, issuer financials, rating history, secured structure and portfolio concentration should also be reviewed.

Check the latest price, YTM, availability and settlement value on Platforms like BondScanner before investing.

Disclaimer

This content is published by BondScanner for educational and informational purposes only. It should not be construed as investment advice, a recommendation or an offer to buy or sell any security.

Bond prices, yields, credit ratings, liquidity and issuer fundamentals may change over time. Yield to maturity is an indicative calculation based on stated assumptions and is not an assured return.

The monthly coupon calculation shown in this article is indicative and before tax. Actual payments may vary based on the issue terms, day-count convention, record dates and rounding methodology.

Investors should review the latest offer documents, information memorandum, exchange disclosures, credit-rating reports, security-cover reports and debenture-trustee disclosures before investing. Investors may also consult a qualified financial adviser based on their financial situation and risk tolerance.

Investments in bonds are subject to credit risk, interest-rate risk, liquidity risk and default risk. A secured structure or credit rating does not guarantee repayment. Past payment history does not guarantee future performance.

BondScanner is a SEBI-registered OBPP and does not provide personalised investment advice. Nothing in this article is a solicitation to buy or sell any security.