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Tata Steel 7.65% Feb 2030 NCD (INE081A08355)

CARE AA+ Unsecured NCD

Tata Steel Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2030

5 more bonds from Tata Steel Limited →
Current YTM
8.35%
Market YTM
Coupon Rate
7.65%
Per annum
Maturity Date
21 Feb 2030
3.3 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.
  • 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)
8.35%
Last traded 12 Oct 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+126 bps
vs 3.3Y G-Sec at 7.09%
Below the median spread for similar-tenor peers
Tenure
3.3 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

21 Feb 2027
Interest Payment
₹7,650.00 / Bond
₹6,885.00 net of 10% TDS (est.)
21 Feb 2028
Interest Payment
₹7,650.00 / Bond
₹6,885.00 net of 10% TDS (est.)
21 Feb 2029
Interest Payment
₹7,650.00 / Bond
₹6,885.00 net of 10% TDS (est.)
21 Feb 2030
Final coupon + principal
₹1,07,650.00 / Bond
₹7,650.00 coupon + ₹1,00,000 face value

4 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 21 Feb 2025 Matures 21 Feb 2030

Key Metrics

Coupon Rate
7.65%
YTM (Annual)
8.35%
Credit Rating
AA+
(CARE) · rated 28 Feb 2025, 20 months ago
Over 15 months old; see below
Remaining Tenure
3.3 Years

AA+ (CARE): Rated 28 Feb 2025 (20 months ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

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

Market Characteristics

Modified Duration
2.65 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
12 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 2.55 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
21 Feb 2025
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Tata Steel 7.65% Feb 2030 NCD is an unsecured, rated NCD issued by Tata Steel Limited. It pays a 7.65% 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 INE081A08355: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-10-12 97.9301 8.3500 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2025-02-28
Rating Actions History 0 — —
Secondary-Market Trades 1 NSE OTC (WAP) 2026-10-12
Reg52(4) Payment Disclosures 0 — —

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)
₹97,930.10
YTM8.35%
Trade Date 12 Oct 2026 27d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹5,470.27
Dirty price (est.)₹1,03,400.37
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE081A08355
Issue Date
21 Feb 2025
Maturity Date
21 Feb 2030
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 7.65% Feb 2030 NCD?

Tata Steel 7.65% Feb 2030 NCD carries a coupon of 7.65%, paid annual, on a face value of ₹1,00,000.

When does Tata Steel 7.65% Feb 2030 NCD mature?

Tata Steel 7.65% Feb 2030 NCD matures on 21 Feb 2030, 3.3 years from today.

What is Tata Steel 7.65% Feb 2030 NCD rated?

Tata Steel 7.65% Feb 2030 NCD is rated AA+ by CARE (rating dated 28 Feb 2025).

Is Tata Steel 7.65% Feb 2030 NCD secured?

Tata Steel 7.65% Feb 2030 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Tata Steel 7.65% Feb 2030 NCD trade?

Tata Steel 7.65% Feb 2030 NCD is listed on BSE.

What yield does Tata Steel 7.65% Feb 2030 NCD currently offer?

The last recorded trade on 12 Oct 2026 priced Tata Steel 7.65% Feb 2030 NCD at ₹97,930.10 per bond, implying a yield to maturity of 8.35%.

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 7.76% Sep 2032 NCD
INE081A08322
AA+ NSDL record, 2022
Coupon
7.76%
Maturity
20 Sep 2032
Compare (/) Compare Bonds

Comparable NCDs maturing near 2030

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 7.65%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE115A07RC5LIC Housing Finance LimitedAAA7.66%2029-12-11
INE261F08EJ7National Bank for Agriculture and Rural DevelopmentAAA NSDL record, 20247.64%2029-12-06
INE377Y07664Bajaj Housing Finance LimitedAAA7.64%2030-07-01
INE134E08KR9Power Finance Corporation LimitedAAA7.68%2030-07-15
INE261F08EG3National Bank for Agriculture and Rural DevelopmentAAA NSDL record, 20247.68%2029-04-30
INE261F08EH1National Bank for Agriculture and Rural DevelopmentAAA NSDL record, 20247.62%2029-05-10

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