Market closed today (Weekend) · Prices and yields as of last trading day, 06 Nov 2026

Happy Diwali from all of us at RetailBonds

U

Ultratech Cement 7.22% Nov 2034 NCD (INE481G08107)

CRISIL AAA Unsecured NCD

Ultratech Cement Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2034

5 more bonds from Ultratech Cement Limited →

Current YTM

—

No market YTM available

Coupon Rate

7.22%

Per annum

Maturity Date

24 Nov 2034

8.0 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.

17 Aug 2026 New rating assigned to AAA CRISIL
17 Aug 2026 Credit rating disclosure Credit Rating

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

8.0 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

26 Nov 2026

Interest Payment

₹7,220.00 / Bond

₹6,498.00 net of 10% TDS (est.)

26 Nov 2027

Interest Payment

₹7,220.00 / Bond

₹6,498.00 net of 10% TDS (est.)

26 Nov 2028

Interest Payment

₹7,220.00 / Bond

₹6,498.00 net of 10% TDS (est.)

26 Nov 2029

Interest Payment

₹7,220.00 / Bond

₹6,498.00 net of 10% TDS (est.)

26 Nov 2030

Interest Payment

₹7,220.00 / Bond

₹6,498.00 net of 10% TDS (est.)

26 Nov 2031

Interest Payment

₹7,220.00 / Bond

₹6,498.00 net of 10% TDS (est.)

26 Nov 2032

Interest Payment

₹7,220.00 / Bond

₹6,498.00 net of 10% TDS (est.)

26 Nov 2033

Interest Payment

₹7,220.00 / Bond

₹6,498.00 net of 10% TDS (est.)

24 Nov 2034

Final coupon (part period) + principal

₹1,07,180.44 / Bond

₹7,180.44 coupon + ₹1,00,000 face value

9 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

7.22%

YTM (Annual)

—

Credit Rating

AAA

(CRISIL) · seen 28 Jun 2026

Remaining Tenure

8.0 Years

Advanced metrics

Modified Duration

5.56 Yrs

Macaulay Duration

5.96 Yrs

Issue Size

₹1,000 Cr

Face Value

₹1,00,000

Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration

5.56 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 2.98 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 16 Jul 2026

Issuer

Ultratech Cement Limited

Instrument Type

NCD

Issue Date

26 Nov 2024

Day Count Convention

ACT/ACT

Listed Exchange

—

Call / Put Option

None disclosed

Ultratech Cement Limited issued Ultratech Cement 7.22% Nov 2034 NCD, an unsecured, rated NCD. It pays a 7.22% 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.

Date	Agency	Rating	Outlook	Status	Source
seen on 28 Jun 2026	CRISIL	AAA	—	Latest	NSE listing
2024	India Ratings	AAA	—	NSDL record, 2024	NSDL debt master

Rating Action History

2 actions

Agency actions on Ultratech Cement 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
2026-08-17	CRISIL	Initial	AAA	Stable	View →
2026-07-23	CRISIL	Reaffirm	AAA	Stable	View →

Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →

Rating Actions on Ultratech Cement 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
2026-08-17	CRISIL	Initial	AAA / Stable	View →
2026-07-23	CRISIL	Reaffirm	AAA / Stable	View →

Alert me about Ultratech Cement 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

Dataset	Records	Detail	Freshness
Credit Ratings	2	CRISIL, India Ratings	2026-06-28
Rating Actions History	2	—	2026-08-17
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: NSDL debt master
Last Updated: 16 Jul 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.

Frequently Asked Questions

What is the coupon rate on Ultratech Cement 7.22% Nov 2034 NCD?

Ultratech Cement 7.22% Nov 2034 NCD carries a coupon of 7.22%, paid annual, on a face value of ₹1,00,000.

When does Ultratech Cement 7.22% Nov 2034 NCD mature?

Ultratech Cement 7.22% Nov 2034 NCD matures on 24 Nov 2034, 8.0 years from today.

What is Ultratech Cement 7.22% Nov 2034 NCD rated?

Ultratech Cement 7.22% Nov 2034 NCD is rated AAA by CRISIL (rating dated 28 Jun 2026).

Is Ultratech Cement 7.22% Nov 2034 NCD secured?

Ultratech Cement 7.22% Nov 2034 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

More Bonds from This Issuer

U

Ultratech Cement 7.34% Mar 2028 NCD

INE481G08123

AAA NSDL record, 2025

Coupon

7.34%

Maturity

03 Mar 2028

View Details

U

Ultratech Cement 7.22% Feb 2029 NCD

INE481G08156

Coupon

7.22%

Maturity

02 Feb 2029

View Details

U

Ultratech Cement 7.23% Feb 2030 NCD

INE481G08149

Coupon

7.23%

Maturity

01 Feb 2030

View Details

U

Ultratech Cement 7.34% Mar 2030 NCD

INE481G08115

AAA NSDL record, 2025

Coupon

7.34%

Maturity

05 Mar 2030

View Details

Compare (/) Compare Bonds

Comparable NCDs maturing near 2034

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 7.22%. For comparison only, not a recommendation.

Bond	Issuer	Rating	Coupon	Maturity
INE134E08LA3	Power Finance Corporation Limited	AAA	7.20%	2035-08-10
INE018A08BM2	Larsen and Toubro Limited	AAA	7.20%	2035-01-22
INE041007191	Embassy Office Parks REIT	AAA	7.25%	2035-07-24
INE053F08460	Indian Railway Finance Corporation Limited	AAA	7.25%	2035-01-17
INE031A08939	Housing and Urban Development Corporation Limited	AAA	7.29%	2035-02-12
INE134E08NC5	Power Finance Corporation Limited	AAA	7.30%	2034-10-16

← Back to screener