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Tata Steel 9.84% Mar 2034 NCD (INE081A08223)

CARE AA · NSDL record, 2019 Unsecured NCD

Tata Steel Limited

Unsecured, Taxable, Redeemable NCD

Browse: bonds maturing in 2034

5 more bonds from Tata Steel Limited →
Current YTM
—
No current market yield
Coupon Rate
9.84%
Per annum
Maturity Date
01 Mar 2034
7.3 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.
  • 1 Oct 2026 Interest payment notice Payment of Interest and redemption of principal amount on Non-Convertible Debentures (''NCDs'')
  • 26 Aug 2026 Record date Newspaper advertisement - Record Date for Non-Convertible Debentures
  • 25 Aug 2026 Record date The company has fixed Regulation 60(2) Record Date Interest Payment / Redemption / Dividend for the purpose of…

Market Position

YTM (Annual)
—
No trade in the last 30 days, so the last traded yield is not shown as current. Last trade 7 Sep 2026.
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
7.3 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

1 Mar 2027
Interest Payment
₹98,400.00 / Bond
₹88,560.00 net of 10% TDS (est.)
1 Mar 2028
Interest Payment
₹98,400.00 / Bond
₹88,560.00 net of 10% TDS (est.)
1 Mar 2029
Interest Payment
₹98,400.00 / Bond
₹88,560.00 net of 10% TDS (est.)
1 Mar 2030
Interest Payment
₹98,400.00 / Bond
₹88,560.00 net of 10% TDS (est.)
1 Mar 2031
Interest Payment
₹98,400.00 / Bond
₹88,560.00 net of 10% TDS (est.)
1 Mar 2032
Interest Payment
₹98,400.00 / Bond
₹88,560.00 net of 10% TDS (est.)
1 Mar 2033
Interest Payment
₹98,400.00 / Bond
₹88,560.00 net of 10% TDS (est.)
1 Mar 2034
Final coupon + principal
₹10,98,400.00 / Bond
₹98,400.00 coupon + ₹10,00,000 face value

8 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.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 1 Mar 2019 Matures 1 Mar 2034

Key Metrics

Coupon Rate
9.84%
YTM (Annual)
—
Credit Rating
AA
Rating on NSDL record (CARE, 2019)
Not a current agency rating; see below
Remaining Tenure
7.3 Years

AA (CARE): Rating on NSDL record (CARE, 2019), dated 25 Feb 2019. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics
Modified Duration
4.74 Yrs
Macaulay Duration
5.20 Yrs
Issue Size
₹4,315 Cr
Minimum Investment
₹10,00,000
1 bond × ₹10,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
4.74 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
7 Sep 2026
BSE
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 0.36 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
1 Mar 2019
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Tata Steel 9.84% Mar 2034 NCD is an unsecured NCD issued by Tata Steel Limited. It pays a 9.84% p.a. coupon, annually. Principal is repaid at maturity.

Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →
Alert me about Tata Steel 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 INE081A08223: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-09-07 105.6300 8.5600 2
2026-05-14 98.4281 11.0100 2

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 CARE (NSDL record) 2019-02-25
Rating Actions History 0 — —
Secondary-Market Trades 2 BSE 2026-09-07
Reg52(4) Payment Disclosures 0 — —
  • No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.
  • No trade in the last 30 days, so the last traded yield is not shown as current.

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)
₹10,56,300.00
YTM—
Trade Date 7 Sep 2026 62d ago
SourceBSE
Accrued interest (est.)₹68,206.03
Dirty price (est.)₹11,24,506.03
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE081A08223
Issue Date
1 Mar 2019
Maturity Date
1 Mar 2034
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 Tata Steel 9.84% Mar 2034 NCD?

Tata Steel 9.84% Mar 2034 NCD carries a coupon of 9.84%, paid annual, on a face value of ₹10,00,000.

When does Tata Steel 9.84% Mar 2034 NCD mature?

Tata Steel 9.84% Mar 2034 NCD matures on 1 Mar 2034, 7.3 years from today.

What is Tata Steel 9.84% Mar 2034 NCD rated?

No current rating from an agency or exchange is on file for Tata Steel 9.84% Mar 2034 NCD. NSDL's debt master records a rating of AA by CARE, dated 25 Feb 2019, often from the time of issue, so it may be out of date.

Is Tata Steel 9.84% Mar 2034 NCD secured?

Tata Steel 9.84% Mar 2034 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Tata Steel 9.84% Mar 2034 NCD trade?

Tata Steel 9.84% Mar 2034 NCD is listed on BSE.

More Bonds from This Issuer

T
Tata Steel 7.79% Mar 2027 NCD
INE081A08348
AA+ NSDL record, 2024
Coupon
7.79%
Maturity
27 Mar 2027
T
Tata Steel 7.50% Sep 2027 NCD
INE081A08314
AA+ NSDL record, 2022
Coupon
7.50%
Maturity
20 Sep 2027
T
Tata Steel 8.03% Feb 2028 NCD
INE081A08330
AA+ NSDL record, 2023
Coupon
8.03%
Maturity
25 Feb 2028
T
Tata Steel 7.65% Feb 2030 NCD
INE081A08355
AA+
Coupon
7.65%
Maturity
21 Feb 2030
Compare (/) Compare Bonds

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INE420C07080Paisalo Digital LimitedAA+9.95%2034-01-17
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INE658F08474Kerala Infrastructure Investment Fund BoardAA9.67%2033-08-08
INE658F08482Kerala Infrastructure Investment Fund BoardAA9.67%2034-08-08
INE658F08425Kerala Infrastructure Investment Fund BoardAA9.49%2033-03-25
INE658F08409Kerala Infrastructure Investment Fund BoardAA9.49%2034-03-25

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