The Tata Power Company 7.50% Jul 2031 NCD (INE245A08307)

CRISIL AA+ / Stable 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

8.25%

Market YTM

Coupon Rate

7.50%

Per annum

Maturity Date

14 Jul 2031

4.7 Yrs to Maturity

Interest Payment

Annual

Frequency

Face Value

₹1,00,000

Per Bond

Market Position

YTM (Annual)

8.25%

Last traded 30 Oct 2026 (end of day)

10Y G-Sec Benchmark

7.19%

Reference point, not this bond's tenor

Spread over G-Sec

+108 bps

vs 4.7Y G-Sec at 7.17%

Below the median spread for similar-tenor peers

Tenure

4.7 Years

Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)

14 Oct 202630 Oct 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

14 Jul 2027

Interest Payment

₹7,500.00 / Bond

₹6,750.00 net of 10% TDS (est.)

14 Jul 2028

Interest Payment

₹7,500.00 / Bond

₹6,750.00 net of 10% TDS (est.)

14 Jul 2029

Interest Payment

₹7,500.00 / Bond

₹6,750.00 net of 10% TDS (est.)

14 Jul 2030

Interest Payment

₹7,500.00 / Bond

₹6,750.00 net of 10% TDS (est.)

14 Jul 2031

Final coupon + principal

₹1,07,500.00 / Bond

₹7,500.00 coupon + ₹1,00,000 face value

5 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

Key Metrics

Coupon Rate

7.50%

YTM (Annual)

8.25%

Credit Rating

AA+

(CRISIL) · rated 31 Jul 2026, 3 months ago

Remaining Tenure

4.7 Years

Advanced metrics

Modified Duration

3.71 Yrs

Macaulay Duration

4.02 Yrs

Issue Size

₹1,500 Cr

Minimum Investment

₹1,00,000

1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration

3.71 Yrs

Price sensitivity per 1% yield move

Payment Frequency

Annual

Last Trade

30 Oct 2026

BSE

Trades (30 Days)

Exchange-reported sessions

Security Status

Unsecured

No call option

Observations

This bond is unsecured.
7 secondary-market trades recorded in the last 30 days.
Coupon is 2.70 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

Issuer

The Tata Power Company Limited

Instrument Type

NCD

Issue Date

14 Jul 2026

Day Count Convention

ACT/ACT

Listed Exchange

BSE

Call / Put Option

None disclosed

The Tata Power Company Limited issued The Tata Power Company 7.50% Jul 2031 NCD, an unsecured, rated NCD. It pays a 7.50% p.a. coupon, annually. Principal is repaid at maturity.

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.

Date	Agency	Action	Rating	Outlook	Rationale
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.

Date	Agency	Action	Rating	Rationale
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 INE245A08307: trade date, clean price, YTM and number of trades
Trade Date	Clean Price	YTM (%)	Trades
2026-10-30	97.0900	8.2500	1
2026-10-27	96.9700	8.2800	3
2026-10-26	97.0100	8.2700	1
2026-10-23	95.7218	8.6199	—
2026-10-22	95.7885	8.6000	—
2026-10-15	96.5167	8.4000	—
2026-10-14	96.5155	8.4000	—

Data Coverage

Dataset	Records	Detail	Freshness
Credit Ratings	1	CRISIL	2026-07-31
Rating Actions History	2	—	2026-09-02
Secondary-Market Trades	7	BSE	2026-10-30
Reg52(4) Payment Disclosures	0	—	—

Documents

Entity metadata

Source: NSDL debt master
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.

₹97,090.00

YTM8.25%

Trade Date 30 Oct 2026 9d ago

SourceBSE

Accrued interest (est.)₹2,424.66

Dirty price (est.)₹99,514.66

View on BSE → Calculate YTM for this bond

Frequently Asked Questions

What is the coupon rate on The Tata Power Company 7.50% Jul 2031 NCD?

The Tata Power Company 7.50% Jul 2031 NCD carries a coupon of 7.50%, paid annual, on a face value of ₹1,00,000.

When does The Tata Power Company 7.50% Jul 2031 NCD mature?

The Tata Power Company 7.50% Jul 2031 NCD matures on 14 Jul 2031, 4.7 years from today.

What is The Tata Power Company 7.50% Jul 2031 NCD rated?

The Tata Power Company 7.50% Jul 2031 NCD is rated AA+ by CRISIL (rating dated 31 Jul 2026).

Is The Tata Power Company 7.50% Jul 2031 NCD secured?

The Tata Power Company 7.50% Jul 2031 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does The Tata Power Company 7.50% Jul 2031 NCD trade?

The Tata Power Company 7.50% Jul 2031 NCD is listed on BSE.

What yield does The Tata Power Company 7.50% Jul 2031 NCD currently offer?

The last recorded trade on 30 Oct 2026 priced The Tata Power Company 7.50% Jul 2031 NCD at ₹97,090.00 per bond, implying a yield to maturity of 8.25%.

More Bonds from This Issuer

The Tata Power Company Mar 2028 NCD

INE245A07432

AA NSDL record, 2019

Coupon

—

Maturity

31 Mar 2028

View Details

The Tata Power Company 9.90% Aug 2028 NCD

INE295J08022

AA NSDL record, 2018 Reg52 disclosed

Coupon

9.90%

Maturity

27 Aug 2028

View Details

The Tata Power Company 7.05% Dec 2028 NCD

INE245A08281

AA+

Coupon

7.05%

Maturity

19 Dec 2028

View Details

The Tata Power Company 7.77% Mar 2029 NCD

INE245A08232

Coupon

7.77%

Maturity

23 Mar 2029

View Details

Compare (/) Compare Bonds

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 7.50%. For comparison only, not a recommendation.

Bond	Issuer	Rating	Coupon	Maturity
INE033L08296	Tata Capital Housing Finance Limited	AAA NSDL record, 2021	7.50%	2031-04-18
INE033L07HO3	Tata Capital Housing Finance Limited	AAA NSDL record, 2022	7.50%	2032-02-16
INE733E07KG3	NTPC Limited	AAA NSDL record, 2016	7.49%	2031-11-07
INE103A08050	Mangalore Refinery and Petrochemicals Limited	AAA	7.48%	2032-04-14
INE002A08708	Reliance Industries Limited	AAA	7.47%	2031-09-16
INE261F08824	National Bank for Agriculture and Rural Development	AAA NSDL record, 2016	7.54%	2032-03-29

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