Fixed Alpha
A-

What do these ratings mean?

Credit ratings assigned by SEBI-registered agencies such as CRISIL, ICRA and CARE.

Sovereign BondsSOVEREIGN
These securities are the safest investments, backed by governments with a strong ability to meet financial obligations.
Highest SafetyAAA
Securities with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Such securities carry lowest credit risk.
High SafetyAA+AAAA-
Securities with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such securities carry very low credit risk.
Adequate SafetyA+AA-
Securities with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such securities carry low credit risk.
Moderate SafetyBBB+BBBBBB-
Securities with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Such securities carry moderate credit risk.
Moderate RiskBB+BBBB-
Securities with this rating are considered to have moderate risk of default regarding timely servicing of financial obligations.
Moderate High RiskB+BB-
Securities with this rating are considered to have high risk of default regarding timely servicing of financial obligations.
Very High RiskCCC+CCCCCC-CC+CCCC-C+CC-
Securities with this rating are considered to have very high risk of default regarding timely servicing of financial obligations.
DefaultD
Securities with this rating are in default or are expected to be in default soon.

Tapir Constructions Limited

INE00DJ07052· Listed on BSE

13.14%

Yield

Tenure

3Y 5M 25D

Maturity Date

12 Mar 2030

Coupon Frequency

Monthly

Face Value

₹1,00,000

Nature

Secured

Coupon Rate

12.50%

About the Issuer

Tapir Constructions Limited (TCL), an Indiabulls Group company engaged in developing residential real estate projects, was incorporated in 2014 and is headquartered in Connaught Place, New Delhi. TCL operates as a wholly owned subsidiary of Indiabulls Real Estate Limited (IBREL). IBREL, now renamed Equinox India Developments Limited, was incorporated in 2006 and has established itself as a leading real estate developer focused on residential, commercial, and SEZ projects across major Indian metros, particularly the Mumbai Metropolitan Region and the National Capital Region, with subsequent expansion into Bengaluru and cities such as Jodhpur, Vadodara, Vizag, and Indore. TCL is currently developing the premium residential project "One Indiabulls, Thane" in Mumbai, comprising multiple towers offering 1 BHK, 2 BHK, and 3 BHK apartments. The RERA-registered project includes a rehabilitation tower under the MHADA component, and has fully sold out its Phase I units. The company's strengths include support from an experienced management team, an available land bank, and the project's strategic location.

Coupon ladder

Payment schedule of interest and principal

Mar '26Coupon

₹685

Apr '26Coupon

₹1,028

May '26Coupon

₹1,062

Jun '26Coupon

₹1,028

Jul '26Coupon

₹1,062

Aug '26Coupon

₹1,062

Sep '26Coupon

₹1,028

Oct '26Coupon

₹1,062

Nov '26Coupon

₹1,028

Dec '26Coupon

₹1,062

Jan '27Coupon

₹1,062

Feb '27Coupon

₹959

Mar '27Coupon

₹1,062

Apr '27Coupon

₹1,025

May '27Coupon

₹1,059

Jun '27Coupon

₹1,025

Jul '27Coupon

₹1,059

Aug '27Coupon

₹1,059

Sep '27Coupon

₹1,025

Oct '27Coupon

₹1,059

Nov '27Coupon

₹1,025

Dec '27Coupon

₹1,059

Jan '28Coupon

₹1,059

Feb '28Coupon

₹991

Mar '28Coupon

₹1,059

Apr '28Coupon

₹1,028

May '28Coupon

₹1,062

Jun '28Coupon

₹1,028

Jul '28Coupon

₹1,062

Aug '28Coupon

₹1,062

Sep '28Coupon

₹1,028

Oct '28Coupon

₹1,062

Nov '28Coupon

₹1,028

Dec '28Coupon

₹1,062

Jan '29Coupon

₹1,062

Feb '29Coupon

₹959

Mar '29Coupon

₹1,062

Apr '29Coupon

₹1,028

May '29Coupon

₹1,062

Jun '29Coupon

₹1,028

Jul '29Coupon

₹1,062

Aug '29Coupon

₹1,062

Sep '29Coupon

₹1,028

Oct '29Coupon

₹1,062

Nov '29Coupon

₹1,028

Dec '29Coupon + Principal

₹51,062

Jan '30Coupon

₹531

Feb '30Coupon

₹480

Mar '30Coupon + Principal

₹50,206

Bond Trading History

Trading history isn’t available for this instrument yet.

Data as of 16-Sep-2026

How to invest in this bond

Tapir Constructions Limited

Login to your existing Equity broker (Eg. Zerodha, ICICI Direct) and purchase bonds from BSE/NSE just like equity using the following steps:

  1. Search for this specific bond. Copy its ISIN and enter in the Search bar of your broker app.INE00DJ07052If that does not work, try its BSE scrip code:BSE977633
  2. Enter the quantity required.
  3. Enter following Price:₹99,762.35This is the Price at which you will earn Fixed Returns (Yield) of 13.14% if you hold the bond till maturity. If you enter a different price, then your returns will differ.
  4. Fund your wallet and place the order.
  5. Once the transaction is successful, bonds will get credited to your demat account next day (T+1) like equities.
  6. Interest and Principal will get directly deposited to your bank account linked with your Demat.