RightBonds Fixed Income, Simplified

IndoStar

INE896L07AA7 Corporate AA- Matures Sept 2027

IndoStar is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 8.6%.

Data as of 11 Sept 2026

Yield to Maturity (YTM)
8.6%
Annualised return if held to maturity · 25 Sept 2027
+2.1% vs bank FD
Coupon Rate
10.7%
Paid periodically
Maturity
25 Sept 2027
Principal returned
Tenure
1.0 yr
Remaining
Min. Invest
₹1K
Min. ticket
Return
₹91
Est. pre-tax

How this yield compares

This bondIndoStar
8.6%
Category avgCorporate
10.3%
Fixed Deposit1.0 yr tenure
6.50%

At 8.6% YTM, this bond yields about 2.1 percentage points more than a tenure-matched fixed deposit (6.50%) and sits below the Corporate average - reflecting the credit profile of a AA- issuer.

About this bond

IndoStar is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 8.6%. It pays a coupon of 10.7% and matures on 25 Sept 2027, a remaining tenure of about 1.0 yr. It is rated AA-, a high credit-safety grade. GripInvest lists this bond with a minimum investment of ₹1K.

Its 8.6% yield is solid for its risk band, toward the lower end at 219th of 265 Corporate bonds. That trails the Corporate median of 10.50% by 1.90 points, so the trade-off is lower yield for whatever else this issuer offers. A comparable SBI fixed deposit yields about 6.50%, so this bond adds roughly 2.10 points for taking on credit risk. Its short 1.0 yr horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its very high safety (AA-) 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 IIFL Samasta (INE413U08093) at 11.5%, Muthoot Capital (INE296G07218) at 11% and Asirvad Micro Finance (INE516Q08497) at 10.55%.

Bond details

IssuerIndoStar
Credit RatingAA-
CategoryCorporate
Coupon Rate10.7%
Yield to Maturity8.6%
Maturity Date25 Sept 2027
Listed onGripInvest
Minimum Investment₹1K
Face Value₹1,000
Principal RepaidAt maturity
Return₹91
ISININE896L07AA7

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 8.6% 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) 8.60% ₹1,08,930
5% slab 8.17% ₹1,08,483
20% slab 6.88% ₹1,07,142
30% slab 6.02% ₹1,06,248

At a 10.7% coupon, ₹1,00,000 of face value pays about ₹10,700 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,070 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 1.0 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.50%.

This bond at 8.6%₹1,08,930
Fixed deposit at 6.50%₹1,06,913
Difference+₹2,017

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 AA- credit risk is the reason for the gap.