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Reliance Industries 9.05% Oct 2028 NCD (INE002A08534)

CRISIL AAA Unsecured NCD

Reliance Industries Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2028

7 more bonds from Reliance Industries Limited →
Current YTM
7.67%
Market YTM
Coupon Rate
9.05%
Per annum
Maturity Date
17 Oct 2028
1.9 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,00,000
Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.
  • 4 Nov 2026 Credit rating disclosure Credit Rating
  • 21 Oct 2026 Credit rating disclosure Credit Rating
  • 1 Oct 2026 Debt securities notice We wish to inform that the Company has today allotted 13,00,000 Unsecured, Redeemable, Non-Convertible Debentures of the face value of Rs…
  • 25 Sep 2026 New rating assigned to AAA CRISIL
  • 25 Sep 2026 Credit rating disclosure Credit Rating

Market Position

YTM (Annual)
7.67%
Last traded 8 Oct 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+75 bps
vs 1.9Y G-Sec at 6.92%
Below the median spread for similar-tenor peers
Tenure
1.9 Years
Remaining to maturity

Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

17 Oct 2027
Interest Payment
₹90,500.00 / Bond
₹81,450.00 net of 10% TDS (est.)
17 Oct 2028
Final coupon + principal
₹10,90,500.00 / Bond
₹90,500.00 coupon + ₹10,00,000 face value

2 coupons remaining, the last paid with principal at maturity · per ₹10,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Payment Disclosures (SEBI Reg52(4))

1 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2026-10-19 Interest ₹2,18,00,00,000.00 ₹2,18,00,00,000.00 Paid XBRL →

Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.

Bond Timeline

— Issue / Maturity | Coupon (projected) ● Rating action ◆ Reg52(4) disclosed ┊ Today
Today Reaffirmed: AAA by ICRA on 21 Oct 2026 Reaffirmed: AAA by CARE on 25 Sep 2026 Reaffirmed: AAA by CARE on 9 Sep 2026 Interest paid (SEBI Reg52(4) disclosure) — due 19 Oct 2026 Issued 17 Oct 2018 Matures 17 Oct 2028

3 rating actions on file since issue — hover a dot for detail.

1 SEBI Reg52(4) disclosed payment — hover a square/diamond for detail.

Key Metrics

Coupon Rate
9.05%
YTM (Annual)
7.67%
Credit Rating
AAA
(CRISIL) · rated 25 Sep 2026, 44 days ago
Remaining Tenure
1.9 Years

AAA (CRISIL): Rated 25 Sep 2026 (44 days ago).

AAA (ICRA): Rated 21 Oct 2026 (18 days ago).

AAA (CARE): Rated 25 Sep 2026 (44 days ago).

With more than one agency, the rating shown at the top is the lowest of those dated within the last 15 months (or the newest, when none is). How we pick it →

Advanced metrics
Modified Duration
1.72 Yrs
Macaulay Duration
1.86 Yrs
Issue Size
₹3,500 Cr
Minimum Investment
₹10,00,000
1 bond × ₹10,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
1.72 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
8 Oct 2026
NSE OTC (WAP)
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Unsecured
No call option

Observations

  • This bond is unsecured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 1.15 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 8 Nov 2026
Instrument Type
NCD
Issue Date
17 Oct 2018
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by Reliance Industries Limited, Reliance Industries 9.05% Oct 2028 NCD is an unsecured, rated NCD. It pays a 9.05% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

7 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

DateAgencyRatingOutlookStatusSource
21 Oct 2026 ICRA AAA — Latest NSE filing →
25 Sep 2026 CARE AAA — Latest NSE filing →
25 Sep 2026 CRISIL AAA — Latest NSE filing →
9 Sep 2026 CARE AAA — Superseded NSE filing →
9 Sep 2026 CRISIL AAA — Superseded NSE filing →
31 Oct 2018 CRISIL AAA — Superseded BSE listing
2018 ICRA AAA — NSDL record, 2018 NSDL debt master

Rating Action History

7 actions

Agency actions on Reliance Industries Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

DateAgencyActionRatingOutlookRationale
2026-10-21
This bond
ICRA Reaffirm AAA Stable NSE filing →
2026-09-30 CRISIL Update — — View →
2026-09-28 CRISIL Update — — View →
2026-09-25
This bond
CARE Reaffirm AAA Stable NSE filing →
2026-09-25 CRISIL Initial AAA Stable View →
2026-09-09
This bond
CARE Reaffirm AAA Stable NSE filing →
2026-09-09 CRISIL Initial AAA Stable View →
Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →

Rating Actions on Reliance Industries Limited

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

DateAgencyActionRatingRationale
2026-10-21 ICRA Reaffirm This bond AAA / Stable NSE filing →
2026-09-30 CRISIL Update — View →
2026-09-28 CRISIL Update — View →
2026-09-25 CARE Reaffirm This bond AAA / Stable NSE filing →
2026-09-25 CRISIL Initial AAA / Stable View →
2026-09-09 CARE Reaffirm This bond AAA / Stable NSE filing →
2026-09-09 CRISIL Initial AAA / Stable View →
Alert me about Reliance Industries Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Recent Market Prices

Recent BSE trades for INE002A08534: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-10-08 102.4856 7.6700 —
2026-06-29 104.1150 7.0100 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 7 CARE, CRISIL, ICRA 2026-10-21
Rating Actions History 7 — 2026-10-21
Secondary-Market Trades 2 NSE OTC (WAP) 2026-10-08
Reg52(4) Payment Disclosures 1 NSE 2026-10-19

Documents

Entity metadata
Source
BSE
Last Updated
8 Nov 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Current Price (Clean)
₹10,24,856.00
YTM7.67%
Trade Date 8 Oct 2026 31d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹5,702.74
Dirty price (est.)₹10,30,558.74
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE002A08534
Issue Date
17 Oct 2018
Maturity Date
17 Oct 2028
Listing
BSE
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on Reliance Industries 9.05% Oct 2028 NCD?

Reliance Industries 9.05% Oct 2028 NCD carries a coupon of 9.05%, paid annual, on a face value of ₹10,00,000.

When does Reliance Industries 9.05% Oct 2028 NCD mature?

Reliance Industries 9.05% Oct 2028 NCD matures on 17 Oct 2028, 1.9 years from today.

What is Reliance Industries 9.05% Oct 2028 NCD rated?

Reliance Industries 9.05% Oct 2028 NCD is rated AAA by CRISIL (rating dated 25 Sep 2026), AAA by ICRA (rating dated 21 Oct 2026), and AAA by CARE (rating dated 25 Sep 2026).

Is Reliance Industries 9.05% Oct 2028 NCD secured?

Reliance Industries 9.05% Oct 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Reliance Industries 9.05% Oct 2028 NCD trade?

Reliance Industries 9.05% Oct 2028 NCD is listed on BSE.

What yield does Reliance Industries 9.05% Oct 2028 NCD currently offer?

The last recorded trade on 8 Oct 2026 priced Reliance Industries 9.05% Oct 2028 NCD at ₹10,24,856.00 per bond, implying a yield to maturity of 7.67%.

More Bonds from This Issuer

R
Reliance Industries 8.95% Nov 2028 NCD
INE002A08542
AAA
Coupon
8.95%
Maturity
09 Nov 2028
R
Reliance Industries 8.70% Dec 2028 NCD
INE002A08559
Coupon
8.70%
Maturity
11 Dec 2028
R
Reliance Industries 8.65% Dec 2028 NCD
INE002A08567
AAA
Coupon
8.65%
Maturity
11 Dec 2028
R
Reliance Industries 8.70% Dec 2028 NCD
INE002A08690
AAA
Coupon
8.70%
Maturity
11 Dec 2028
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