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Torrent Pharmaceuticals 7.45% Jan 2028 NCD (INE685A07132)

India Ratings AA+ · NSDL record, 2026 Secured NCD

Torrent Pharmaceuticals Limited

Secured, Taxable, Redeemable NCD

Browse: bonds maturing in 2028

4 more bonds from Torrent Pharmaceuticals Limited →
Current YTM
8.03%
Market YTM
Coupon Rate
7.45%
Per annum
Maturity Date
19 Jan 2028
1.2 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.

Market Position

YTM (Annual)
8.03%
Last traded 9 Oct 2026 (end of day)
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Spread over G-Sec
+110 bps
vs 1.2Y G-Sec at 6.92%
Below the median spread for similar-tenor peers
Tenure
1.2 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 Jan 2027
Interest Payment
₹7,450.00 / Bond
₹6,705.00 net of 10% TDS (est.)
19 Jan 2028
Final coupon + principal
₹1,07,450.00 / Bond
₹7,450.00 coupon + ₹1,00,000 face value

2 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 Jan 2026 Matures 19 Jan 2028

Key Metrics

Coupon Rate
7.45%
YTM (Annual)
8.03%
Credit Rating
AA+
Rating on NSDL record (India Ratings, 2026)
Not a current agency rating; see below
Remaining Tenure
1.2 Years

AA+ (India Ratings): Rating on NSDL record (India Ratings, 2026), dated 2 Jan 2026. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics
Modified Duration
1.04 Yrs
Macaulay Duration
1.12 Yrs
Issue Size
₹2,000 Cr
Face Value
₹1,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
1.04 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
9 Oct 2026
NSE OTC (WAP)
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 2.75 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
Instrument Type
NCD
Issue Date
19 Jan 2026
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
None disclosed

Torrent Pharmaceuticals Limited issued Torrent Pharmaceuticals 7.45% Jan 2028 NCD, a secured NCD. It pays a 7.45% p.a. coupon, annually. Principal is repaid at maturity.

Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →
Alert me about Torrent Pharmaceuticals 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 INE685A07132: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-10-09 99.2680 8.0250 1

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 India Ratings (NSDL record) 2026-01-02
Rating Actions History 0 — —
Secondary-Market Trades 1 NSE OTC (WAP) 2026-10-09
Reg52(4) Payment Disclosures 0 — —
  • No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.

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.

Current Price (Clean)
₹99,268.00
YTM8.03%
Trade Date 9 Oct 2026 30d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹6,000.82
Dirty price (est.)₹1,05,268.82
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE685A07132
Issue Date
19 Jan 2026
Maturity Date
19 Jan 2028
Listing
—
Payment Frequency
Annual
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 Torrent Pharmaceuticals 7.45% Jan 2028 NCD?

Torrent Pharmaceuticals 7.45% Jan 2028 NCD carries a coupon of 7.45%, paid annual, on a face value of ₹1,00,000.

When does Torrent Pharmaceuticals 7.45% Jan 2028 NCD mature?

Torrent Pharmaceuticals 7.45% Jan 2028 NCD matures on 19 Jan 2028, 1.2 years from today.

What is Torrent Pharmaceuticals 7.45% Jan 2028 NCD rated?

No current rating from an agency or exchange is on file for Torrent Pharmaceuticals 7.45% Jan 2028 NCD. NSDL's debt master records a rating of AA+ by India Ratings, dated 2 Jan 2026, often from the time of issue, so it may be out of date.

Is Torrent Pharmaceuticals 7.45% Jan 2028 NCD secured?

Torrent Pharmaceuticals 7.45% Jan 2028 NCD is a secured bond.

What yield does Torrent Pharmaceuticals 7.45% Jan 2028 NCD currently offer?

The last recorded trade on 9 Oct 2026 priced Torrent Pharmaceuticals 7.45% Jan 2028 NCD at ₹99,268.00 per bond, implying a yield to maturity of 8.03%.

More Bonds from This Issuer

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Torrent Pharmaceuticals 7.60% Jan 2029 NCD
INE685A07157
AA+ NSDL record, 2026
Coupon
7.60%
Maturity
19 Jan 2029
T
Torrent Pharmaceuticals Nov 2029 NCD
INE685A07124
AA+ NSDL record, 2022
Coupon
—
Maturity
09 Nov 2029
T
Torrent Pharmaceuticals 7.70% Jan 2030 NCD
INE685A07165
AA+ NSDL record, 2026
Coupon
7.70%
Maturity
18 Jan 2030
T
Torrent Pharmaceuticals 7.80% Jan 2031 NCD
INE685A07173
AA+
Coupon
7.80%
Maturity
17 Jan 2031
Compare (/) Compare Bonds

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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 7.45%. For comparison only, not a recommendation.

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INE020B08EK4REC LimitedAAA7.46%2028-06-30
INE020B08FR6REC LimitedAAA7.44%2028-02-29
INE261F08EK5National Bank for Agriculture and Rural DevelopmentAAA7.44%2028-02-24

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