NCD / Debenture · Unsecured
MAGMA GENERAL INSURANCE LIMITED
9.70% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE SUBORINATE TIER 2 DEBENTURE DATE OF MATURITY 28/12/2033
Yield
9.38%
traded yesterday
Coupon
9.70%
yearly
Time to maturity
7 yr, 6 mo, 15 d
28 Dec 2033
Best offerBest offer is the highest yield (lowest effective price) for this exact ISIN among the SEBI-registered online bond platforms (OBPPs) we track. We only show quotes refreshed in the last 24 hours, so a platform that has not been re-checked recently will not appear here. Capera does not sell bonds and does not earn from which platform wins; always confirm on the platform before you buy.
9.42%
SMEST
Credit rating
At issue
AA19 Dec 2023
AA14 Dec 2023
Issue-time grade. Ratings can migrate after issuance; live surveillance ratings are coming soon.
Recent trading
An actual exchange-cleared trade in the last 30 days; independent of any platform quote.
Where to buy this bond Best offer is the highest yield (lowest effective price) for this exact ISIN among the SEBI-registered online bond platforms (OBPPs) we track. We only show quotes refreshed in the last 24 hours, so a platform that has not been re-checked recently will not appear here. Capera does not sell bonds and does not earn from which platform wins; always confirm on the platform before you buy.
The same security, priced across the online bond platforms we track. Capera does not sell bonds; we show every platform's quote so you can pick the best yield.
| Platform | Price | Yield (YTM) | Tenure | Updated |
|---|---|---|---|---|
 SMESTBest offer | — | 9.42% | 30m | 18 Jun 2026 |
Yield by platform
SMESTPlatform yields in blue, best highlighted; coupon and last-traded market yield shown for reference. Yields move with price; always confirm on the platform before you buy.
7 yr, 6 mo, 15 d to maturity
ISIN
INE312X08026Type
NCD
Coupon
9.70%
PayoutOnce a year
Yearly
Face value
₹1,00,000
Issue sizeTotal amount raised in this issue (face value × units issued).
₹250 Cr
Listed
Listed
TaxInterest is taxed at your income-tax slab rate; no special exemption.
Taxable
Other bonds by MAGMA GENERAL INSURANCE LIMITED
Full issuer page →Same issuer, different tenors. Each line is a distinct security; click any to compare it across platforms against the live exchange-traded yield.
Where this bond sits on the curve
The amber point is this security; each navy point is another of the issuer's traded lines. Every line carries its own seniority, security cover, options and covenants, so the shape is context, not an apples-to-apples curve.
| The credit grade assigned at issuance (per rating agency). It is not a live or current rating; subsequent surveillance changes aren't reflected here, so always check the issuer's latest credit rating for an updated view before you invest. | ||||
|---|---|---|---|---|
Magma General InsuranceINE312X08034NCD | AA | 9.70% | 20 Mar 20347.8y left | 9.60% |
Magma General InsuranceINE312X08018NCD | AA | 8.75% | 30 Mar 20325.8y left | — |
Magma General InsuranceINE312X08042NCD | AA | 9.75% | 20 Mar 20347.8y left | — |
Magma General InsuranceINE312X08059NCD | AA | 9.50% | 03 Jun 203610.0y left | — |
Click any security to compare it across platforms against the live exchange-traded yield. A blank yield means no recent trade, not no value.
Questions
What is INE312X08026 rated?
This security (INE312X08026) was rated AA by CARE RATINGS LIMITED at issuance (19 Dec 2023). Ratings are per-security, so other instruments from MAGMA GENERAL INSURANCE LIMITED can carry different grades. These are issue-time grades; live surveillance ratings are coming soon and can differ.
Where can I buy INE312X08026?
It is quoted on SMEST. Capera does not sell bonds; we show each platform's price so you can choose where to buy.
Has INE312X08026 traded recently?
Yes, it last traded yesterday at a yield of 9.38%.
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