RightBonds Fixed Income, Simplified

This bond is no longer available. It has matured, sold out, or been delisted from the platforms we track, last seen on 3 Oct 2026. The details below are kept as a record of the issue. Compare bonds available now →

Vedika

No longer listed INE04HY07385 Corporate A- Matures Apr 2028 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 11.75%.

Data as of 3 Oct 2026

Yield to Maturity (YTM)
11.75%
Annualised return if held to maturity · 22 Apr 2028
+5.3% vs bank FD
Coupon Rate
11.5%
Paid periodically
Maturity
22 Apr 2028
Principal returned
Tenure
1.5 yr
Remaining
Min. Invest
₹1.0L
Min. ticket
Return
₹18,973
Est. pre-tax

How this yield compares

This bondVedika
11.75%
Category avgCorporate
10.4%
Fixed Deposit1.5 yr tenure
6.50%

At 11.75% YTM, this bond yields about 5.3 percentage points more than a tenure-matched fixed deposit (6.50%) and sits above 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 11.75%. It pays a coupon of 11.5% and matures on 22 Apr 2028, a remaining tenure of about 1.5 yr. It is rated A-, an adequate credit-safety grade. GripInvest lists this bond with a minimum investment of ₹1.0L.

Its 11.75% yield is well above the market average, placing it 60th of the 315 Corporate bonds on RightBonds - firmly in the top tier. That is 1.35 percentage points above the Corporate median of 10.40% - a clear yield premium over the typical peer. Against a tenure-matched SBI fixed deposit (6.50%), it pays roughly 5.25 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1.5 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 Hella Infra Market Retail (INE0P6G07194) at 15.1%, Hella Infra Market (INE06E507579) at 14% and Lucina Land (INE0JZO07057) at 13.35%.

Bond details

IssuerVedika
Credit RatingA-
CategoryCorporate
Coupon Rate11.5%
Yield to Maturity11.75%
Maturity Date22 Apr 2028
Listed onGripInvest
Minimum Investment₹1.0L
Return₹18,973
ISININE04HY07385

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 11.75% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 1.5 yr.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 11.75% ₹1,17,992
5% slab 11.16% ₹1,17,069
20% slab 9.40% ₹1,14,316
30% slab 8.22% ₹1,12,492

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 1.5 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.50%.

This bond at 11.75%₹1,17,992
Fixed deposit at 6.50%₹1,10,078
Difference+₹7,913

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.