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

NEOGROWTH

No longer listed INE814O07618 Corporate BBB Matures Dec 2027 Quarterly payout On GoldenPi

NEOGROWTH is a corporate bond issued by a company to raise debt from investors, was last listed at a yield to maturity (YTM) of 12.8%.

Data as of 21 Aug 2026

Yield to Maturity (YTM)
12.8%
Annualised return if held to maturity · 18 Dec 2027
+6.3% vs bank FD
Coupon Rate
12.15%
Paid periodically
Maturity
18 Dec 2027
Principal returned
Tenure
1.2 yr
Remaining
Min. Invest
₹1.0L
Min. ticket
Return
₹17,692
Est. pre-tax

How this yield compares

This bondNEOGROWTH
12.8%
Category avgCorporate
10.5%
Fixed Deposit1.2 yr tenure
6.50%

At 12.8% YTM, this bond yields about 6.3 percentage points more than a tenure-matched fixed deposit (6.50%) and sits above the Corporate average - reflecting the credit profile of a BBB issuer.

About this bond

NEOGROWTH is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 12.8%. It pays a coupon of 12.15% and matures on 18 Dec 2027, a remaining tenure of about 1.2 yr. It is rated BBB, a moderate credit-safety grade. GoldenPi lists this bond with a minimum investment of ₹1.0L.

Its 12.8% yield is well above the market average, placing it 37th of the 319 Corporate bonds on RightBonds - firmly in the top tier. That is 2.30 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 6.30 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1.2 yr horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its moderate safety (BBB) 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 Neogrowth Credit (INE814O07600) at 13.5%, REGENCY FINCORP (INE964R07168) at 14.4% and Best Capital Services (INE04UP07196) at 14%.

Bond details

IssuerNEOGROWTH
Credit RatingBBB
CategoryCorporate
Coupon Rate12.15%
Yield to Maturity12.8%
Maturity Date18 Dec 2027
Listed onGoldenPi
Minimum Investment₹1.0L
Return₹17,692
ISININE814O07618

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 12.8% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 1.2 yr.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 12.80% ₹1,15,003
5% slab 12.16% ₹1,14,246
20% slab 10.24% ₹1,11,980
30% slab 8.96% ₹1,10,472

At a 12.15% coupon, ₹1,00,000 of face value pays about ₹12,150 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,215 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 1.2 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.50%.

This bond at 12.8%₹1,15,003
Fixed deposit at 6.50%₹1,07,770
Difference+₹7,233

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 BBB credit risk is the reason for the gap.