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This bond is no longer available. It has matured, sold out, or been delisted from the platforms we track, last seen on 11 Oct 2026. The details below are kept as a record of the issue. Compare bonds available now →

Vedika

No longer listed INE04HY07336 Corporate A Matures Oct 2027 Monthly payout On Grip Invest

Vedika is a corporate bond issued by a company to raise debt from investors, was last listed at a yield to maturity (YTM) of 10.25%.

Data as of 11 Oct 2026

Yield to Maturity (YTM)
10.25%
Annualised return if held to maturity · 7 Oct 2027
+4.1% vs bank FD
Coupon Rate
11.8%
Paid periodically
Maturity
7 Oct 2027
Principal returned
Tenure
12 mo
Remaining
Min. Invest
₹1.0L
Min. ticket
Return
₹10,331
Est. pre-tax

How this yield compares

This bondVedika
10.25%
Category avgCorporate
10.5%
Fixed Deposit12 mo tenure
6.15%

At 10.25% YTM, this bond yields about 4.1 percentage points more than a tenure-matched fixed deposit (6.15%) and sits below the Corporate average - reflecting the credit profile of a A issuer.

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 10.25%. It pays a coupon of 11.8% and matures on 7 Oct 2027, a remaining tenure of about 12 mo. It is rated A, an adequate credit-safety grade. GripInvest lists this bond with a minimum investment of ₹1.0L.

Its 10.25% yield is well above the market average, sitting 169th of 319 comparable Corporate bonds. That lands just under the Corporate median of 10.50%. Against a tenure-matched SBI fixed deposit (6.15%), it pays roughly 4.10 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 12 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

IssuerVedika
Credit RatingA
CategoryCorporate
Coupon Rate11.8%
Yield to Maturity10.25%
Maturity Date7 Oct 2027
Listed onGripInvest
Minimum Investment₹1.0L
Return₹10,331
ISININE04HY07336

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 12 mo.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 10.25% ₹1,09,858
5% slab 9.74% ₹1,09,366
20% slab 8.20% ₹1,07,889
30% slab 7.17% ₹1,06,904

At a 11.8% coupon, ₹1,00,000 of face value pays about ₹11,800 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,180 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 1.0 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.15%.

This bond at 10.25%₹1,09,858
Fixed deposit at 6.15%₹1,06,057
Difference+₹3,801

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.