T
AA / Stable Unsecured NCD

Tata Power Co. Ltd

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
7.63%
Market YTM
Coupon Rate
7.05%
Per annum
Maturity Date
19 Dec 2028
2.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.63%
Live, last traded 2026-08-19
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+326 bps
vs 2.3Y G-Sec at 4.37%
Above the median spread for similar-tenor peers
Tenure
2.3 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.
Cashflow Timeline
19 Dec 2026
Interest Payment
₹7,050.00 / Bond
19 Dec 2027
Interest Payment
₹7,050.00 / Bond
19 Dec 2028
Principal Payment
₹100,000.00 / Bond

Next 2 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2025-12-19 Matures 2028-12-19
Key Metrics
Coupon Rate
7.05%
YTM (Annual)
7.63%
Credit Rating
AA
(CRISIL)
Remaining Tenure
2.3 Years
Advanced metrics
Modified Duration
1.96 Yrs
Macaulay Duration
2.11 Yrs
Issue Size
₹1,000 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.96 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-19
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 2.95 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2025-12-19
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

TPCL-7.05%-19-12-28-PVT is a rated, redeemable ncd issued by Tata Power Co. Ltd. The bond offers a fixed coupon of 7.05% p.a. with annual interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-19 98.7251 7.6300 None
2026-07-17 98.7664 7.5900 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, INDIA_RATINGS 2025-12-31
Rating Actions History 0
Secondary-Market Trades 2 NSE OTC (WAP) 2026-08-19
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 2026

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Frequently Asked Questions
What is the coupon rate on Tata Power Co. 7.05% Dec 2028 NCD?

Tata Power Co. 7.05% Dec 2028 NCD carries a coupon of 7.05%, paid annual, on a face value of ₹100,000.

When does Tata Power Co. 7.05% Dec 2028 NCD mature?

Tata Power Co. 7.05% Dec 2028 NCD matures on 2028-12-19, 2.3 years from today.

What is Tata Power Co. 7.05% Dec 2028 NCD rated?

Tata Power Co. 7.05% Dec 2028 NCD is rated AA by CRISIL and AA+ by INDIA_RATINGS. As of 2025-12-31.

Is Tata Power Co. 7.05% Dec 2028 NCD secured?

Tata Power Co. 7.05% Dec 2028 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Tata Power Co. 7.05% Dec 2028 NCD trade?

Tata Power Co. 7.05% Dec 2028 NCD is listed on BSE.

What yield does Tata Power Co. 7.05% Dec 2028 NCD currently offer?

The last recorded trade on 2026-08-19 priced Tata Power Co. 7.05% Dec 2028 NCD at ₹98.73, implying a yield to maturity of 7.63%.

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Tata Power Co. 7.77% Mar 2029 NCD
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Tata Power Co. 7.77% Mar 2030 NCD
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