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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 20 Aug 2026. The details below are kept as a record of the issue. Compare bonds available now →

SMC Global

No longer listed INE103C07181 Corporate A Matures Oct 2027 Annual payout On Wint Wealth

SMC Global is a corporate bond issued by a company to raise debt from investors, was last listed at a yield to maturity (YTM) of 9.5%.

Data as of 20 Aug 2026

Yield to Maturity (YTM)
9.5%
Annualised return if held to maturity · 30 Oct 2027
+3.0% vs bank FD
Coupon Rate
9.75%
Paid periodically
Maturity
30 Oct 2027
Principal returned
Tenure
1.0 yr
Remaining
Min. Invest
₹1K
Min. ticket
Return
₹123
Est. pre-tax

How this yield compares

This bondSMC Global
9.5%
Category avgCorporate
10.5%
Fixed Deposit1.0 yr tenure
6.50%

At 9.5% YTM, this bond yields about 3.0 percentage points more than a tenure-matched fixed deposit (6.50%) and sits below the Corporate average - reflecting the credit profile of a A issuer.

About this bond

SMC Global is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 9.5%. It pays a coupon of 9.75% and matures on 30 Oct 2027, a remaining tenure of about 1.0 yr. It is rated A, an adequate credit-safety grade. WintWealth lists this bond with a minimum investment of ₹1K.

Its 9.5% yield is solid for its risk band, sitting 215th of 319 comparable Corporate bonds. That trails the Corporate median of 10.50% by 1.00 points, so the trade-off is lower yield for whatever else this issuer offers. Against a tenure-matched SBI fixed deposit (6.50%), it pays roughly 3.00 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1.0 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 SMC Global (INE103C07249) at 9.75%, Shri Ram Finance Corporation (INE08E808082) at 13% and BN Agritech (INE00XL07015) at 11.5%.

Bond details

Credit RatingA
CategoryCorporate
Coupon Rate9.75%
Yield to Maturity9.5%
Maturity Date30 Oct 2027
Listed onWintWealth
Minimum Investment₹1K
Return₹123
ISININE103C07181

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 9.5% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 1.0 yr.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 9.50% ₹1,09,763
5% slab 9.03% ₹1,09,275
20% slab 7.60% ₹1,07,809
30% slab 6.65% ₹1,06,832

At a 9.75% coupon, ₹1,00,000 of face value pays about ₹9,750 of interest a year, under the ₹10,000 Section 193 threshold, so no TDS is withheld.

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 6.50%.

This bond at 9.5%₹1,09,763
Fixed deposit at 6.50%₹1,06,842
Difference+₹2,921

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.

When you get paid

Interest lands once a year, in Oct, with about 2 payments still to come before 30 Oct 2027, each at the 9.75% coupon rate.

Payment months come from the issuer's schedule. Exact dates within the month, and the amount per payment, depend on the face value of the units you buy - check the term sheet on WintWealth before investing.