Tapir Constructions Limited
Tapir Constructions Limited is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 13.03%.
Data as of 26 Oct 2026
How this yield compares
About this bond
Tapir Constructions Limited is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 13.03%. It pays a coupon of 12.5% and matures on 12 Mar 2030, a remaining tenure of about 3.4 yr. It is rated A-, an adequate credit-safety grade. EquiRize lists this bond with a minimum investment of ₹1.0L.
Its 13.03% yield is among the highest we track, placing it 32nd of the 315 Corporate bonds on RightBonds - firmly in the top tier. That is 2.63 percentage points above the Corporate median of 10.40% - a clear yield premium over the typical peer. Against a tenure-matched SBI fixed deposit (6.55%), it pays roughly 6.48 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its medium 3.4 yr horizon balances rate lock-in against flexibility. Paired with its high safety (A-) rating, that is a higher-yield, higher-risk profile. Compare it against similar bonds on RightBonds before investing.
Investors comparing this bond often also look at Hella Infra Market Retail (INE0P6G07194) at 15.1%, Hella Infra Market (INE06E507579) at 14% and Lucina Land (INE0JZO07057) at 13.35%.
Bond details
What you keep after tax
Interest on a listed corporate bond is added to your income and taxed at your slab, so the 13.03% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 3.4 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 13.03% | ₹1,51,203 |
| 5% slab | 12.38% | ₹1,48,281 |
| 20% slab | 10.42% | ₹1,39,754 |
| 30% slab | 9.12% | ₹1,34,265 |
At a 12.5% coupon, ₹1,00,000 of face value pays about ₹12,500 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,250 a year is withheld as TDS - adjustable against your final liability, not an extra tax.
Slab rates only - surcharge and cess are not included, and the figures assume you hold to maturity. Sold on the exchange after 12 months instead, the gain is taxed as long-term capital gains at 12.5%. Not tax advice.
Against a fixed deposit, in rupees
Same ₹1,00,000, same 3.4 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.55%.
Bond figure compounds the yield annually; the FD compounds quarterly, as a cumulative bank FD does. Both are pre-tax and assume the bond is held to maturity and the issuer pays in full - the A- credit risk is the reason for the gap.
