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Grasim Industries 7.21% Dec 2034 NCD (INE047A08232)

CRISIL AAA Unsecured NCD

Grasim Industries Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2034

5 more bonds from Grasim Industries Limited →
Current YTM
—
No market YTM available
Coupon Rate
7.21%
Per annum
Maturity Date
19 Dec 2034
8.1 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,000
Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.
  • 18 Sep 2026 Redemption notice Redemption of Commercial Paper

Market Position

YTM (Annual)
—
No trade with a usable price on record
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
8.1 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.

Cashflow Timeline

19 Dec 2026
Interest Payment
₹7,210.00 / Bond
₹6,489.00 net of 10% TDS (est.)
19 Dec 2027
Interest Payment
₹7,210.00 / Bond
₹6,489.00 net of 10% TDS (est.)
19 Dec 2028
Interest Payment
₹7,210.00 / Bond
₹6,489.00 net of 10% TDS (est.)
19 Dec 2029
Interest Payment
₹7,210.00 / Bond
₹6,489.00 net of 10% TDS (est.)
19 Dec 2030
Interest Payment
₹7,210.00 / Bond
₹6,489.00 net of 10% TDS (est.)
19 Dec 2031
Interest Payment
₹7,210.00 / Bond
₹6,489.00 net of 10% TDS (est.)
19 Dec 2032
Interest Payment
₹7,210.00 / Bond
₹6,489.00 net of 10% TDS (est.)
19 Dec 2033
Interest Payment
₹7,210.00 / Bond
₹6,489.00 net of 10% TDS (est.)
19 Dec 2034
Final coupon + principal
₹1,07,210.00 / Bond
₹7,210.00 coupon + ₹1,00,000 face value

9 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 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.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 19 Dec 2024 Matures 19 Dec 2034

Key Metrics

Coupon Rate
7.21%
YTM (Annual)
—
Credit Rating
AAA
(CRISIL) · rated 31 Dec 2024, 22 months ago
Over 15 months old; see below
Remaining Tenure
8.1 Years

AAA (CRISIL): Rated 31 Dec 2024 (22 months ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics
Modified Duration
5.63 Yrs
Macaulay Duration
6.03 Yrs
Issue Size
₹2,000 Cr
Minimum Investment
₹1,00,000
1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
5.63 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
—
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option

Observations

  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 2.99 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 7 Nov 2026
Instrument Type
NCD
Issue Date
19 Dec 2024
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Grasim Industries Limited issued Grasim Industries 7.21% Dec 2034 NCD, an unsecured, rated NCD. It pays a 7.21% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

2 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
31 Dec 2024 CRISIL AAA — Latest BSE listing
2024 ICRA AAA — NSDL record, 2024 NSDL debt master

Rating Action History

1 actions

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

DateAgencyActionRatingOutlookRationale
2026-07-22 CRISIL Reaffirm AAA Stable View →
Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on Grasim 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
2026-07-22 CRISIL Reaffirm AAA / Stable View →
Alert me about Grasim 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.

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, ICRA 2024-12-31
Rating Actions History 1 — 2026-07-22
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 0 — —
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata
Source
BSE
Last Updated
7 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)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE047A08232
Issue Date
19 Dec 2024
Maturity Date
19 Dec 2034
Listing
BSE
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

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Frequently Asked Questions
What is the coupon rate on Grasim Industries 7.21% Dec 2034 NCD?

Grasim Industries 7.21% Dec 2034 NCD carries a coupon of 7.21%, paid annual, on a face value of ₹1,00,000.

When does Grasim Industries 7.21% Dec 2034 NCD mature?

Grasim Industries 7.21% Dec 2034 NCD matures on 19 Dec 2034, 8.1 years from today.

What is Grasim Industries 7.21% Dec 2034 NCD rated?

Grasim Industries 7.21% Dec 2034 NCD is rated AAA by CRISIL (rating dated 31 Dec 2024).

Is Grasim Industries 7.21% Dec 2034 NCD secured?

Grasim Industries 7.21% Dec 2034 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Grasim Industries 7.21% Dec 2034 NCD trade?

Grasim Industries 7.21% Dec 2034 NCD is listed on BSE.

More Bonds from This Issuer

G
Grasim Industries 7.50% Jun 2027 NCD
INE047A08190
AAA
Coupon
7.50%
Maturity
10 Jun 2027
G
Grasim Industries 7.63% Dec 2027 NCD
INE047A08208
AAA NSDL record, 2022
Coupon
7.63%
Maturity
01 Dec 2027
G
Grasim Industries 6.56% Jun 2030 NCD
INE047A08240
AAA
Coupon
6.56%
Maturity
06 Jun 2030
G
Grasim Industries 6.99% Apr 2031 NCD
INE047A08182
AAA
Coupon
6.99%
Maturity
04 Apr 2031
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Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 7.21%. For comparison only, not a recommendation.

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INE134E08LA3Power Finance Corporation LimitedAAA7.20%2035-08-10
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INE053F08460Indian Railway Finance Corporation LimitedAAA7.25%2035-01-17
INE238A08518Axis Bank LimitedAAA7.27%2035-11-26
INE031A08939Housing and Urban Development Corporation LimitedAAA7.29%2035-02-12

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