Himatsingka Seide Limited Mar ’30
Himatsingka Seide Limited Mar ’30 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 14%.
Data as of 20 Oct 2026
How this yield compares
About this bond
Himatsingka Seide Limited Mar ’30 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 14%. It pays a coupon of 11.5% and matures on 30 Mar 2030, a remaining tenure of about 3.4 yr. It is rated BBB+, a moderate credit-safety grade. BondScanner lists this bond with a minimum investment of ₹10K.
Its 14% yield is among the highest we track, placing it 9th of the 319 Corporate bonds on RightBonds - firmly in the top tier. That is 3.50 percentage points above the Corporate median of 10.50% - a clear yield premium over the typical peer. Against a tenure-matched SBI fixed deposit (6.55%), it pays roughly 7.45 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 moderate safety (BBB+) 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 Akara Capital Advisors (INE08XP07548) at 14%, Dvara Kshetriya (INE179P07621) at 13.5% and Akara Capital (INE08XP07530) at 13.5%.
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 14% 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) | 14.00% | ₹1,56,972 |
| 5% slab | 13.30% | ₹1,53,680 |
| 20% slab | 11.20% | ₹1,44,098 |
| 30% slab | 9.80% | ₹1,37,950 |
At a 11.5% coupon, ₹1,00,000 of face value pays about ₹11,500 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,150 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 BBB+ 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 14 payments still to come before 30 Mar 2030, each at the 11.5% 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.
