Progfin Private Ltd
How this yield compares
About this bond
Progfin Private Ltd 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 10% and matures on 21 Apr 2027, a remaining tenure of about 9 mo. It is rated BBB+, a moderate credit-safety grade. GripInvest lists this bond with a minimum investment of ₹99K.
Its 11.75% yield is well above the market average, placing it 45th of the 193 Corporate bonds on RightBonds - firmly in the top tier. That is 1.25 percentage points above the Corporate median of 10.50% - a clear yield premium over the typical peer. Against a tenure-matched SBI fixed deposit (6.15%), it pays roughly 5.60 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 9 mo horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its moderate safety (BBB+) 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 Progfin (INE0MYJ07179) at 11%, Keertana Finserv (INE0NES07303) at 14.05% and Keertana Finserv (INE0NES07329) at 13.55%.