Bond platform
BondSmart review
BondSmart is the bond platform of Prachay Securities Pvt Ltd, active on BSE since 7th Mar 2025. On 28th Oct 2026 it listed 8 bonds (8 corporate) at displayed yields of 8.00% to 13.80%. The list, with yields, is public. This page holds registry facts and the shelf we read; custody, fees and exit are not yet verified.
Verified
BondSmart official site We earn nothing from this link.
Key facts
- Legal entity
- Prachay Securities Pvt Ltd source
- SEBI registration
- INZ000322839 (stock broker). BSE prints INZ000320338 for this row, which is Dexif's number. Prachay's own site gives INZ000322839, used here. source
- NSE OBPP status
- Not listed, in the file dated 14th Oct 2026 source
- BSE OBPP status
- Active since 7th Mar 2025, in the file dated 24th Sep 2026 source
- Minimum investment
- ₹125 to ₹1,00,000 for 1 lot, across the bonds listed on 28th Oct 2026 source
- Yield shown as
- YTM source
- Credit range on shelf
- AA+ to BBB- on 28th Oct 2026 source
- Where your bonds sit
- Not yet verified
- Fees and markup
- Not yet verified
- Selling before maturity
- Not yet verified
Sells: Corporate bonds
What has not been checked yet for BondSmart?
Where your bonds are held, what BondSmart charges or earns as a spread, and how you sell before maturity have not been verified from primary sources yet. Until they are, those facts read "Not yet verified" rather than a guess. The registry facts come from the NSE and BSE lists of online bond platform providers, and the shelf facts come from BondSmart's own listing, read on 28th Oct 2026.
Which bonds does BondSmart sell, and at what yield?
On 28th Oct 2026, 14:37 IST, BondSmart listed 8 bonds with a displayed yield. 5 of them were also on other platforms we read; on those, its yield was the highest or level on 1 and below the highest on 4. Each yield is what BondSmart displayed at that time, not a recommendation.
| Bond | Yield | Minimum | Against other platforms |
|---|---|---|---|
| IIFL Finance Limited · 9.9% coupon, matures 8th Mar 2027 | 8.00% YTM | ₹1,00,000 | Only here |
| Nashik Municipal Corporation · 8.05% coupon, matures 5th Mar 2031 | 8.00% YTM | ₹125 | Only here |
| Navi Finserv Limited · 10% coupon, matures 25th Mar 2027 | 10.00% YTM | ₹1,00,000 | Only here |
| Prachay Capital Limited · 12.5% coupon, matures 29th Dec 2028 | 13.25% YTM | ₹1,000 | 5 bps below 13.30% on BondScanner |
| Prachay Capital Limited · 13% coupon, matures 16th Mar 2031 | 13.80% YTM | ₹1,000 | 5 bps below 13.85% on BondScanner |
| Prachay Capital Limited · 12.75% coupon, matures 22nd Jun 2031 | 13.50% YTM | ₹1,000 | 5 bps below 13.55% on BondScanner |
| Prisma Global Limited · 10% coupon, matures 18th Aug 2028 | 10.50% YTM | ₹10,000 | 110 bps below 11.60% on Digifinn (formerly BondsIndia) |
| Sammaan Capital Limited · 9.5% coupon, matures 19th Jun 2030 | 8.75% YTM | ₹1,00,000 | Highest or level of 3 |
Prices for every company: all companies. Data: quotes.csv.
Questions people ask
Is BondSmart SEBI registered?
Prachay Securities Pvt Ltd holds SEBI stock broker registration INZ000322839 and is active on BSE since 7th Mar 2025 as an online bond platform provider.
How many bonds does BondSmart sell?
8 bonds were listed when we read it on 28th Oct 2026. The shelf changes daily.