This bond is no longer available. It has matured, sold out, or been delisted from the platforms we track, last seen on 9 Oct 2026. The details below are kept as a record of the issue. Compare bonds available now →
Vedika
Vedika is a corporate bond issued by a company to raise debt from investors, was last listed at a yield to maturity (YTM) of 9.85%.
Data as of 9 Oct 2026
How this yield compares
About this bond
Vedika is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 9.85%. It pays a coupon of 11.6% and matures on 7 Apr 2027, a remaining tenure of about 6 mo. It is rated A, an adequate credit-safety grade. GripInvest lists this bond with a minimum investment of ₹1.0L.
Its 9.85% yield is solid for its risk band, sitting 203rd of 319 comparable Corporate bonds. That trails the Corporate median of 10.50% by 0.65 points, so the trade-off is lower yield for whatever else this issuer offers. Against a tenure-matched SBI fixed deposit (5.15%), it pays roughly 4.70 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 6 mo 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 Vedika (INE04HY07294) at 11%, Shri Ram Finance Corporation (INE08E808082) at 13% and BN Agritech (INE00XL07015) at 11.5%.
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 9.85% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 6 mo.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 9.85% | ₹1,04,440 |
| 5% slab | 9.36% | ₹1,04,224 |
| 20% slab | 7.88% | ₹1,03,570 |
| 30% slab | 6.89% | ₹1,03,132 |
At a 11.6% coupon, ₹1,00,000 of face value pays about ₹11,600 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,160 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 0.5 years, one in this bond and one in a tenure-matched SBI fixed deposit at 5.15%.
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.
