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The Tata Power Company 7.05% Dec 2028 NCD (INE245A08281)

CRISIL AA+ / Stable Unsecured NCD

The Tata Power Company Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

10 more bonds from The Tata Power Company Limited →
Current YTM
—
No current market yield
Coupon Rate
7.05%
Per annum
Maturity Date
19 Dec 2028
2.1 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,00,000
Per Bond

Market Position

YTM (Annual)
—
No trade in the last 30 days, so the last traded yield is not shown as current. Last trade 19 Aug 2026.
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
2.1 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.

Price data as a table: Recent Market Prices

Cashflow Timeline

19 Dec 2026
Interest Payment
₹7,050.00 / Bond
₹6,345.00 net of 10% TDS (est.)
19 Dec 2027
Interest Payment
₹7,050.00 / Bond
₹6,345.00 net of 10% TDS (est.)
19 Dec 2028
Final coupon + principal
₹1,07,050.00 / Bond
₹7,050.00 coupon + ₹1,00,000 face value

3 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 2025 Matures 19 Dec 2028

Key Metrics

Coupon Rate
7.05%
YTM (Annual)
—
Credit Rating
AA+
(CRISIL) · rated 31 Dec 2025, 10 months ago
Remaining Tenure
2.1 Years
Advanced metrics
Modified Duration
1.79 Yrs
Macaulay Duration
1.92 Yrs
Issue Size
₹1,000 Cr
Minimum Investment
₹1,00,000
1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
1.79 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
19 Aug 2026
NSE OTC (WAP)
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 3.15 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 2025
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

The Tata Power Company 7.05% Dec 2028 NCD is an unsecured, rated NCD issued by The Tata Power Company Limited. It pays a 7.05% 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 2025 CRISIL AA+ Stable Latest BSE listing
2025 India Ratings AA+ — NSDL record, 2025 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.

Recent Market Prices

Recent BSE trades for INE245A08281: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-08-19 98.7251 7.6300 —
2026-07-17 98.7664 7.5900 —

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, India Ratings 2025-12-31
Rating Actions History 2 — 2026-09-02
Secondary-Market Trades 2 NSE OTC (WAP) 2026-08-19
Reg52(4) Payment Disclosures 0 — —
  • No trade in the last 30 days, so the last traded yield is not shown as current.

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)
₹98,725.10
YTM—
Trade Date 19 Aug 2026 81d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹6,277.40
Dirty price (est.)₹1,05,002.50
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE245A08281
Issue Date
19 Dec 2025
Maturity Date
19 Dec 2028
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 The Tata Power Company 7.05% Dec 2028 NCD?

The Tata Power Company 7.05% Dec 2028 NCD carries a coupon of 7.05%, paid annual, on a face value of ₹1,00,000.

When does The Tata Power Company 7.05% Dec 2028 NCD mature?

The Tata Power Company 7.05% Dec 2028 NCD matures on 19 Dec 2028, 2.1 years from today.

What is The Tata Power Company 7.05% Dec 2028 NCD rated?

The Tata Power Company 7.05% Dec 2028 NCD is rated AA+ by CRISIL (rating dated 31 Dec 2025).

Is The Tata Power Company 7.05% Dec 2028 NCD secured?

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

Where does The Tata Power Company 7.05% Dec 2028 NCD trade?

The Tata Power Company 7.05% Dec 2028 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 7.77% Mar 2029 NCD
INE245A08232
AA
Coupon
7.77%
Maturity
23 Mar 2029
T
The Tata Power Company 7.75% Jan 2030 NCD
INE245A08257
AA
Coupon
7.75%
Maturity
08 Jan 2030
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Comparable NCDs maturing near 2028

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 7.05%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE916DA7TB2Kotak Mahindra Prime LimitedAAA7.05%2028-04-10
INE660A07SA2Sundaram Finance LimitedAAA NSDL record, 20257.05%2028-10-11
INE556F08LB2Small Industries Development Bank of IndiaAAA NSDL record, 20257.04%2029-02-09
INE296A07TN6Bajaj Finance LimitedAAA7.07%2028-09-21
INE282H07026Jio Credit LimitedAAA7.08%2028-05-26
INE916DA7TG1Kotak Mahindra Prime LimitedAAA7.09%2028-08-21

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