RightBonds Fixed Income, Simplified

STL Networks Jun ’28

INE1VXE07023 Corporate A- Matures Jun 2028

STL Networks Jun ’28 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11.25%.

Data as of 11 Sept 2026

Yield to Maturity (YTM)
11.25%
Annualised return if held to maturity · 30 Jun 2028
+4.8% vs bank FD
Coupon Rate
10.35%
Paid periodically
Maturity
30 Jun 2028
Principal returned
Tenure
1.8 yr
Remaining
Min. Invest
₹1.0L
Min. ticket
Return
₹21,294
Est. pre-tax

How this yield compares

This bondSTL Networks Jun ’28
11.25%
Category avgCorporate
10.3%
Fixed Deposit1.8 yr tenure
6.50%

At 11.25% YTM, this bond yields about 4.8 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

STL Networks Jun ’28 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11.25%. It pays a coupon of 10.35% and matures on 30 Jun 2028, a remaining tenure of about 1.8 yr. It is rated A-, an adequate credit-safety grade. BondScanner lists this bond with a minimum investment of ₹1.0L.

Its 11.25% yield is well above the market average, ranking 75th of 265 Corporate bonds we list. That is 0.75 percentage points above the Corporate median of 10.50% - a clear yield premium over the typical peer. Against a tenure-matched SBI fixed deposit (6.50%), it pays roughly 4.75 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1.8 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 STL Networks (INE1VXE07015) at 11.45%, Tapir Constructions (INE00DJ07052) at 12.62% and Indel Money (INE0BUS07CQ7) at 12.4%.

About STL Networks

STL Networks Limited is not a finance company. It holds the global services business demerged out of Sterlite Technologies, a demerger that took effect on 31 March 2025, and trades under the brand Invenia. The business designs and deploys optical and digital network infrastructure for telecom operators and enterprises, as opposed to the optical fibre and cable manufacturing that stayed with Sterlite Technologies. One point from the rating record is worth weighing directly: CRISIL noted that the services business carries lower operating margins and heavier working capital needs than the products business, and that the credit profile of the demerged entity could therefore be relatively weaker than that of the parent it separated from. It is also a young standalone entity with a correspondingly short record of its own.

Rated by CRISIL. Source: rating rationale.

Bond details

IssuerSTL Networks Jun ’28
Credit RatingA-
CategoryCorporate
Coupon Rate10.35%
Yield to Maturity11.25%
Maturity Date30 Jun 2028
Listed onBondScanner
Minimum Investment₹1.0L
Face Value₹1,00,000
Return₹21,294
ISININE1VXE07023

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 11.25% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 1.8 yr.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 11.25% ₹1,21,163
5% slab 10.69% ₹1,20,062
20% slab 9.00% ₹1,16,786
30% slab 7.87% ₹1,14,625

At a 10.35% coupon, ₹1,00,000 of face value pays about ₹10,350 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,035 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 1.8 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.50%.

This bond at 11.25%₹1,21,163
Fixed deposit at 6.50%₹1,12,311
Difference+₹8,852

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 4 times a year, in Jan, Apr, Jul, Oct, with about 7 payments still to come before 30 Jun 2028, each at the 10.35% 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 BondScanner before investing.