RightBonds Fixed Income, Simplified

AlphaGrep

INE961U07010 Corporate A+ Matures Sept 2027

AlphaGrep is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11%.

Data as of 11 Sept 2026

Yield to Maturity (YTM)
11%
Annualised return if held to maturity · 12 Sept 2027
+4.5% vs bank FD
Coupon Rate
10.5%
Paid periodically
Maturity
12 Sept 2027
Principal returned
Tenure
1.0 yr
Sellable after 3 months
Min. Invest
₹10K
Min. ticket
Return
₹1,099
Est. pre-tax

How this yield compares

This bondAlphaGrep
11%
Category avgCorporate
10.3%
Fixed Deposit1.0 yr tenure
6.50%

At 11% YTM, this bond yields about 4.5 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

AlphaGrep is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11%. It pays a coupon of 10.5% and matures on 12 Sept 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 ₹10K.

Its 11% yield is well above the market average, ranking 85th of 265 Corporate bonds we list. That is 0.50 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 4.50 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 U GRO Capital (INE583D08115) at 12.8%, U GRO Capital (INE583D08081) at 12.45% and U GRO Capital (INE583D07661) at 11%.

Bond details

IssuerAlphaGrep
Credit RatingA+
CategoryCorporate
Coupon Rate10.5%
Yield to Maturity11%
Maturity Date12 Sept 2027
Listed onWintWealth
Minimum Investment₹10K
Face Value₹10,000
Principal RepaidAt maturity
Early exitafter 3 months
Return₹1,099
ISININE961U07010

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 11% 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) 11.00% ₹1,11,014
5% slab 10.45% ₹1,10,463
20% slab 8.80% ₹1,08,811
30% slab 7.70% ₹1,07,710

At a 10.5% coupon, ₹1,00,000 of face value pays about ₹10,500 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,050 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 11%₹1,11,014
Fixed deposit at 6.50%₹1,06,668
Difference+₹4,345

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 Feb, May, Aug, Nov, with about 4 payments still to come before 12 Sept 2027, each at the 10.5% 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.