LUCINA
LUCINA is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 12.35%.
Data as of 11 Sept 2026
How this yield compares
About this bond
LUCINA is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 12.35%. It pays a coupon of 13% and matures on 30 Jan 2029, a remaining tenure of about 2.4 yr. It is rated A-, an adequate credit-safety grade. GoldenPi lists this bond with a minimum investment of ₹1.0L.
Its 12.35% yield is well above the market average, placing it 32nd of the 265 Corporate bonds on RightBonds - firmly in the top tier. That is 1.85 percentage points above the Corporate median of 10.50% - a clear yield premium over the typical peer. Against a tenure-matched SBI fixed deposit (6.65%), it pays roughly 5.70 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 2.4 yr horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its high safety (A-) 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 Tapir Constructions (INE00DJ07052) at 12.62%, Indel Money (INE0BUS07CQ7) at 12.4% and Indel Money (INE0BUS07CT1) at 12.25%.
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 12.35% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 2.4 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 12.35% | ₹1,32,037 |
| 5% slab | 11.73% | ₹1,30,312 |
| 20% slab | 9.88% | ₹1,25,214 |
| 30% slab | 8.64% | ₹1,21,882 |
At a 13% coupon, ₹1,00,000 of face value pays about ₹13,000 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,300 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 2.4 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.65%.
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.