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The Tata Power Company 7.77% Mar 2031 NCD (INE245A08240)

CRISIL AA Unsecured NCD

The Tata Power Company Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2031

10 more bonds from The Tata Power Company Limited →
Current YTM
—
No market YTM available
Coupon Rate
7.77%
Per annum
Maturity Date
24 Mar 2031
4.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,00,000
Per Bond

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
4.4 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

24 Mar 2027
Interest Payment
₹77,700.00 / Bond
₹69,930.00 net of 10% TDS (est.)
24 Mar 2028
Interest Payment
₹77,700.00 / Bond
₹69,930.00 net of 10% TDS (est.)
24 Mar 2029
Interest Payment
₹77,700.00 / Bond
₹69,930.00 net of 10% TDS (est.)
24 Mar 2030
Interest Payment
₹77,700.00 / Bond
₹69,930.00 net of 10% TDS (est.)
24 Mar 2031
Final coupon + principal
₹10,77,700.00 / Bond
₹77,700.00 coupon + ₹10,00,000 face value

5 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 24 Mar 2021 Matures 24 Mar 2031

Key Metrics

Coupon Rate
7.77%
YTM (Annual)
—
Credit Rating
AA
(CRISIL) · rated 31 Mar 2021, 5 years ago
Over 15 months old; see below
Remaining Tenure
4.4 Years

AA (CRISIL): Rated 31 Mar 2021 (5 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since. CRISIL's latest action on the issuer (7 Jul 2026) is AA+.

Advanced metrics
Modified Duration
3.43 Yrs
Macaulay Duration
3.70 Yrs
Issue Size
₹200 Cr
Minimum Investment
₹10,00,000
1 bond × ₹10,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
3.43 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 2.43 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
24 Mar 2021
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by The Tata Power Company Limited, The Tata Power Company 7.77% Mar 2031 NCD is an unsecured, rated NCD. It pays a 7.77% 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 Mar 2021 CRISIL AA — Latest BSE listing
2021 India Ratings AA — NSDL record, 2021 NSDL debt master

Rating Action History

2 actions

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

DateAgencyActionRatingOutlookRationale
2026-09-02 CRISIL Update — — View →
2026-07-07 CRISIL Initial AA+ Stable View →
Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on The Tata Power Company 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
2026-09-02 CRISIL Update — View →
2026-07-07 CRISIL Initial AA+ / Stable View →
Alert me about The Tata Power Company 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, India Ratings 2021-03-31
Rating Actions History 2 — 2026-09-02
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
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)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE245A08240
Issue Date
24 Mar 2021
Maturity Date
24 Mar 2031
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 The Tata Power Company 7.77% Mar 2031 NCD?

The Tata Power Company 7.77% Mar 2031 NCD carries a coupon of 7.77%, paid annual, on a face value of ₹10,00,000.

When does The Tata Power Company 7.77% Mar 2031 NCD mature?

The Tata Power Company 7.77% Mar 2031 NCD matures on 24 Mar 2031, 4.4 years from today.

What is The Tata Power Company 7.77% Mar 2031 NCD rated?

The Tata Power Company 7.77% Mar 2031 NCD is rated AA by CRISIL (rating dated 31 Mar 2021).

Is The Tata Power Company 7.77% Mar 2031 NCD secured?

The Tata Power Company 7.77% Mar 2031 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does The Tata Power Company 7.77% Mar 2031 NCD trade?

The Tata Power Company 7.77% Mar 2031 NCD is listed on BSE.

More Bonds from This Issuer

T
The Tata Power Company Mar 2028 NCD
INE245A07432
AA NSDL record, 2019
Coupon
—
Maturity
31 Mar 2028
T
The Tata Power Company 9.90% Aug 2028 NCD
INE295J08022
AA NSDL record, 2018 Reg52 disclosed
Coupon
9.90%
Maturity
27 Aug 2028
T
The Tata Power Company 7.05% Dec 2028 NCD
INE245A08281
AA+
Coupon
7.05%
Maturity
19 Dec 2028
T
The Tata Power Company 7.77% Mar 2029 NCD
INE245A08232
AA
Coupon
7.77%
Maturity
23 Mar 2029
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Comparable NCDs maturing near 2031

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 7.77%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE134E08KV1Power Finance Corporation LimitedAAA7.75%2030-06-11
INE033L07IU8Tata Capital Housing Finance LimitedAAA7.79%2030-06-18
INE377Y07698Bajaj Housing Finance LimitedAAA7.79%2031-08-20
INE498L07202L&T Finance LimitedAAA7.79%2031-06-27
INE685A07173Torrent Pharmaceuticals LimitedAA+7.80%2031-01-17
INE134E08ME3Power Finance Corporation LimitedAAA7.82%2032-03-12

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