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U.P. Power Corporation 9.70% Mar 2032 NCD (INE540P07434)

CRISIL A+ Secured NCD

U.P. Power Corporation Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: A rated bonds · bonds maturing in 2032

19 more bonds from U.P. Power Corporation Limited →
Current YTM
8.03%
Market YTM
Coupon Rate
9.70%
Per annum
Maturity Date
22 Mar 2032
5.4 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹10,00,000
Per Bond

Market Position

YTM (Annual)
8.03%
Last traded 8 Oct 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+81 bps
vs 5.4Y G-Sec at 7.22%
Below the median spread for similar-tenor peers
Tenure
5.4 Years
Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)
3 Aug 20268 Oct 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

Payment schedule not projected

The issuer's filed interest dates do not follow the maturity-date anniversaries our projection assumes, so projected dates and accrued interest would be wrong.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 30 Mar 2022 Matures 22 Mar 2032

Key Metrics

Coupon Rate
9.70%
YTM (Annual)
8.03%
Credit Rating
A+
(CRISIL) · rated 31 Mar 2022, 4 years ago
Over 15 months old; see below
Remaining Tenure
5.4 Years

A+ (CRISIL): Rated 31 Mar 2022 (4 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics
Modified Duration
—
Macaulay Duration
—
Issue Size
₹494 Cr
Minimum Investment
₹10,00,000
1 bond × ₹10,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
—
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
8 Oct 2026
BSE
Trades (30 Days)
1
Exchange-reported sessions
Security Status
Secured
No call option

Observations

  • This bond is secured.
  • 1 secondary-market trade recorded in the last 30 days.
  • Coupon is 0.50 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
30 Mar 2022
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

U.P. Power Corporation 9.70% Mar 2032 NCD is a secured, rated NCD issued by U.P. Power Corporation Limited. It pays a 9.70% p.a. coupon, quarterly. 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 2022 CRISIL A+ — Latest BSE listing
2022 India Ratings A+ — NSDL record, 2022 NSDL debt master
Issuer health card · ratings, payment record, defaults, trading, filings 2 items to look at →
Alert me about U.P. Power Corporation 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 INE540P07434: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-10-08 107.9100 8.0300 1
2026-10-07 107.4200 8.1500 1
2026-10-05 105.4000 8.6500 1
2026-09-16 109.8000 8.0200 —
2026-09-08 107.6274 8.1200 2
2026-09-02 106.7000 8.3500 2
2026-08-24 107.3400 8.2000 1
2026-08-10 107.3891 8.2250 1
2026-08-04 107.2743 8.2325 —
2026-08-03 107.6727 8.1950 2

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, India Ratings 2022-03-31
Rating Actions History 0 — —
Secondary-Market Trades 10 BSE 2026-10-08
Reg52(4) Payment Disclosures 0 — —

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)
₹10,79,100.00
YTM8.03%
Trade Date 8 Oct 2026 31d ago
SourceBSE
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE540P07434
Issue Date
30 Mar 2022
Maturity Date
22 Mar 2032
Listing
BSE
Payment Frequency
Quarterly
Put / Call Option
None disclosed
Security
Secured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on U.P. Power Corporation 9.70% Mar 2032 NCD?

U.P. Power Corporation 9.70% Mar 2032 NCD carries a coupon of 9.70%, paid quarterly, on a face value of ₹10,00,000.

When does U.P. Power Corporation 9.70% Mar 2032 NCD mature?

U.P. Power Corporation 9.70% Mar 2032 NCD matures on 22 Mar 2032, 5.4 years from today.

What is U.P. Power Corporation 9.70% Mar 2032 NCD rated?

U.P. Power Corporation 9.70% Mar 2032 NCD is rated A+ by CRISIL (rating dated 31 Mar 2022).

Is U.P. Power Corporation 9.70% Mar 2032 NCD secured?

U.P. Power Corporation 9.70% Mar 2032 NCD is a secured bond.

Where does U.P. Power Corporation 9.70% Mar 2032 NCD trade?

U.P. Power Corporation 9.70% Mar 2032 NCD is listed on BSE.

What yield does U.P. Power Corporation 9.70% Mar 2032 NCD currently offer?

The last recorded trade on 8 Oct 2026 priced U.P. Power Corporation 9.70% Mar 2032 NCD at ₹10,79,100.00 per bond, implying a yield to maturity of 8.03%.

More Bonds from This Issuer

U
U.P. Power Corporation 10.15% Jan 2027 NCD
INE540P07343
AA- NSDL record, 2018
Coupon
10.15%
Maturity
20 Jan 2027
U
U.P. Power Corporation 8.97% Feb 2027 NCD
INE540P07103
AA
Coupon
8.97%
Maturity
15 Feb 2027
U
U.P. Power Corporation 8.48% Mar 2027 NCD
INE540P07178
AA NSDL record, 2017
Coupon
8.48%
Maturity
15 Mar 2027
U
U.P. Power Corporation 9.95% Mar 2027 NCD
INE540P07467
A+
Coupon
9.95%
Maturity
31 Mar 2027
Compare (/) Compare Bonds

Comparable NCDs maturing near 2032

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 9.70%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE658F08458Kerala Infrastructure Investment Fund BoardAA9.67%2031-08-08
INE07PX08019SBM Bank (India) LimitedA+ NSDL record, 20229.75%2032-04-05
INE0M2307107Andhra Pradesh State Beverages Corporation LimitedAA+9.62%2032-05-31
INE0M2307099Andhra Pradesh State Beverages Corporation LimitedAA+9.62%2031-05-30
INE0M2307206Andhra Pradesh State Beverages Corporation LimitedAA+ NSDL record, 20229.62%2032-11-29
INE918K08035Nuvama Wealth Finance LimitedAA9.60%2032-12-24

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