Comparison

Grip Invest vs IndiaBonds

Grip Invest sells corporate bonds and securitised debt on NSE with a stated 0.25% charge to sell after about 2 months, and does not accept NRIs. IndiaBonds trades on NSE and BSE with a wider shelf that includes G-secs, SGBs and 54EC bonds and advertises NRI access, but its exit terms could not be read.

Verified 17th Oct 2026

Lean to Grip Invest if

You want a stated exit charge and holding period, or securitised debt alongside corporate bonds.

Full Grip Invest review

Lean to IndiaBonds if

You invest as an NRI or HUF, or want G-secs, SGBs and 54EC bonds on the same platform as corporate bonds.

Full IndiaBonds review

Side by side

	Grip Invest	IndiaBonds
Legal entity	Grip Broking Pvt Ltd (CIN U67120DL2023PTC410290) source	India Bond Pvt Ltd (CIN U67100MH2008PTC178990, incorporated 2008) source
Group or backers	Grip's FAQ calls the parent both Grip Invest Advisors Pvt Ltd and Grip Invest Technologies Pvt Ltd (conflict). Series B of about $10m led by Stride Ventures, dated Jan 2024 by CB Insights. source	Co-founders Vishal Goenka and Aditi Mittal, who is also a director of AK Capital (a shareholding link is not verified). First external round of ₹32.5 cr on 25th Jun 2025 from unnamed individual investors. source
SEBI registration	INZ000312836 (stock broker), NSE member 90319; also AMFI ARN-315995 for mutual funds source	INZ000311637 (stock broker), NSE member 90316, BSE member 6811 source
NSE OBPP status	Enabled since 29th Aug 2023 (list as on 14th Oct 2026) source	Enabled since 25th Apr 2023 (list as on 14th Oct 2026) source
BSE OBPP status	Not listed (file dated 24th Sep 2026) source	Active since 5th Apr 2023 source
Where your bonds sit	A demat is required; you can open one at onboarding with Grip's own NSDL DP (DP ID IN304877). Non-Grip demats are supported for sells. source	IndiaBonds runs its own NSDL DP (DP ID IN305103, registration IN-DP-855-2026), marketed as IB Demat New. Whether an existing demat can still be used was not verified. source
Minimum investment	Conflicting: ₹1,000 (platform overview) vs ₹100 (corporate bonds FAQ). Some bonds have ₹10,000 or ₹1,00,000 face value. Corporate FDs from ₹1,000. source	₹1,000 advertised; ₹10,000 face value bonds offered (e.g. Manba Finance at ₹9,980.42 on 17th Oct 2026) source
Fees and markup	No fee stated on buys; any spread is not disclosed. 0.25% charge on Sell Bonds Anytime, adjusted in the price offered. source	T&C allow brokerage, platform usage or subscription fees. Homepage bond cards carry an "Additional Yield via Bond Spread" label. Markup not disclosed. source
Yield shown as	Not disclosed (site headline: up to 12.5% returns) source	YTM on listings source
Selling before maturity	Sell Bonds Anytime after a minimum holding of about 2 months, 0.25% charge, settles in 1 working day; Grip cannot guarantee an immediate sale source	Not verified: FAQ titles cover selling, but the answers render in the browser and could not be read source
Settlement	NSE and/or BSE RFQ through the clearing corporation. Pay by 4:30pm on T (net banking), 4:30pm on T+1 (UPI) or 2:30pm on T+1 (NEFT/RTGS). source	Funds go only to the clearing corporation's designated account; T+ cycle not verified source
Credit range on shelf	Rating range not disclosed. SDIs have included a CRISIL BB- (SO) lease pool (Mar 2025). source	Interest of 5% to 12.2% stated. Homepage on 17th Oct 2026 showed CARE A-, Ind-Ra A- and CRISIL BBB+ bonds at 11.15% to 11.25% YTM. source
NRI access	Not allowed source	Advertised on the site (as is HUF access) source
Play Store (India)	4.5 from 2,329 ratings, read 17th Oct 2026 source	4.4 from 3,703 ratings, read 17th Oct 2026 source
App Store (India)	4.42 from 93 ratings, read 17th Oct 2026 source	4.76 from 845 ratings, read 17th Oct 2026 source
SEBI or exchange actions	None found as of 17th Oct 2026 (search not exhaustive; NSE and BSE disciplinary lists not checked) source	None found as of 17th Oct 2026 (search not exhaustive) source

Same bonds, which one shows the higher yield?

1 bond was on both. Grip Invest showed the higher yield on 1, IndiaBonds on 0. On average Grip Invest was 5 basis points higher. A higher yield on the same bond means a lower price. Read on 17th Oct 2026; quotes move daily, so check both apps before you buy.

Bond	Grip Invest	IndiaBonds	Higher
KrazyBee · INE07HK07866	9.75%	9.70%	Grip Invest

Every bond on both platforms, by company: prices.

How they differ

Registration

Grip Broking was enabled on NSE on 29th Aug 2023 and is not on BSE's list. India Bond Pvt Ltd was enabled on BSE on 5th Apr 2023 and on NSE on 25th Apr 2023. No SEBI or exchange penalty against either was found as of 17th Oct 2026, though exchange disciplinary lists were not searched.

Where do your bonds sit?

Grip requires a demat and lets you open one at onboarding with its own NSDL depository participant (DP ID IN304877); demats elsewhere are supported when you sell. IndiaBonds registered its own NSDL depository participant in 2026 (DP ID IN305103), marketed as IB Demat New, and whether an existing demat can still be used for purchases was not verified. Both say investor money goes only to the clearing corporation.

What do you pay?

Grip states no fee on purchases and promises no hidden fees; any spread in the price is not disclosed. IndiaBonds' terms allow brokerage, platform usage or subscription fees, and its bond cards carry an Additional Yield via Bond Spread label. Neither publishes a per bond markup.

Can you sell early?

Grip's Sell Bonds Anytime opens after a minimum holding of about 2 months, charges 0.25% adjusted in the buyer's price and settles in 1 working day; Grip says it cannot guarantee an immediate sale. IndiaBonds' FAQ has questions on selling, including bonds not bought on IndiaBonds, but the answers load in the browser and could not be read.

What is on the shelf?

Grip sells listed corporate bonds, securitised debt (LoanX, InvoiceX, LeaseX and BondX), debt mutual funds and corporate FDs, advertises returns up to 12.5% and lists no G-secs. A Grip-linked lease pool, PIRG SDI 4 Trust, was rated CRISIL BB- (SO) in Mar 2025. IndiaBonds lists corporate bonds, Bond SIPs, NCD IPOs, G-secs, SDLs, SGBs, 54EC, tax-free, bank and PSU bonds at a stated 5% to 12.2%; its homepage on 17th Oct 2026 showed CARE A-, Ind-Ra A- and CRISIL BBB+ bonds at 11.15% to 11.25%. In Apr 2025 it promoted Satya MicroCapital's 14.20% subordinated bond, whose issuer later breached a net-worth covenant while still paying coupons.

Minimums, NRIs and ties

Grip's pages state ₹100 and ₹1,000 as the minimum, and NRIs cannot sign up. IndiaBonds advertises ₹1,000 and NRI and HUF access, and offers ₹10,000 face value bonds. IndiaBonds' terms say related parties may earn fees from issuers, and it powered Upstox's bond offering from 25th Aug 2025.

Questions people ask

Can NRIs invest on Grip Invest or IndiaBonds?

Grip's FAQ says NRIs are not allowed. IndiaBonds advertises NRI and HUF access on its site.

Which one lets me sell before maturity?

Grip states its terms: Sell Bonds Anytime after about 2 months at a 0.25% charge, with no guarantee of a buyer. IndiaBonds' sell terms could not be read.

Do Grip Invest and IndiaBonds open their own demat?

Both run their own NSDL depository participants. Grip supports other demats for selling; whether IndiaBonds still accepts an existing demat for purchases was not verified.