Hari and Company Investments Madras May ’28
Hari and Company Investments Madras May ’28 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 10.25%.
Data as of 11 Sept 2026
How this yield compares
About this bond
Hari and Company Investments Madras May ’28 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 10.25%. It pays a coupon of 9.25% and matures on 4 May 2028, a remaining tenure of about 1.6 yr. It is rated A+, an adequate credit-safety grade. BondScanner lists this bond with a minimum investment of ₹10K.
Its 10.25% yield is well above the market average, sitting 142nd of 265 comparable Corporate bonds. That lands just under the Corporate median of 10.50%. Against a tenure-matched SBI fixed deposit (6.50%), it pays roughly 3.75 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1.6 yr horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its high safety (A+) rating, that leans toward the safety-first end. Compare it against similar bonds on RightBonds before investing.
Investors comparing this bond often also look at U GRO Capital (INE583D08115) at 12.8%, U GRO Capital (INE583D08081) at 12.45% and U GRO Capital (INE583D07661) at 11%.
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 10.25% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 1.6 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 10.25% | ₹1,17,407 |
| 5% slab | 9.74% | ₹1,16,511 |
| 20% slab | 8.20% | ₹1,13,839 |
| 30% slab | 7.17% | ₹1,12,071 |
At a 9.25% coupon, ₹1,00,000 of face value pays about ₹9,250 of interest a year, under the ₹10,000 Section 193 threshold, so no TDS is withheld.
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 1.6 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.50%.
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.
When you get paid
Interest lands 4 times a year, in Mar, Jun, Sep, Dec, with about 7 payments still to come before 4 May 2028, each at the 9.25% coupon rate.
Payment months come from the issuer's schedule. Exact dates within the month, and the amount per payment, depend on the face value of the units you buy - check the term sheet on BondScanner before investing.