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Power Grid Corporation of India 8.93% Oct 2029 NCD (INE752E07MD6)

CARE AAA / Stable Secured NCD

Power Grid Corporation of India Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2029

68 more bonds from Power Grid Corporation of India Limited →
Current YTM
—
No market YTM available
Coupon Rate
8.93%
Per annum
Maturity Date
20 Oct 2029
2.9 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,00,000
Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.
  • 5 Nov 2026 New rating assigned to AAA CRISIL
  • 14 Aug 2026 Interest payment notice Information regarding payment of Interest of Unsecured, Redeemable, Non-Convertible, Non-Cumulative, Taxable (8.24% POWERGRID GOI Fully Ser…

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
2.9 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

20 Oct 2027
Interest Payment
₹89,300.00 / Bond
₹80,370.00 net of 10% TDS (est.)
20 Oct 2028
Interest Payment
₹89,300.00 / Bond
₹80,370.00 net of 10% TDS (est.)
20 Oct 2029
Final coupon + principal
₹10,89,300.00 / Bond
₹89,300.00 coupon + ₹10,00,000 face value

3 coupons remaining, the last paid with principal at maturity · per ₹10,00,000 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.

Payment Disclosures (SEBI Reg52(4))

1 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2026-10-20 Interest ₹19,65,00,000.00 ₹19,65,00,000.00 Paid XBRL →

Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.

Bond Timeline

— Issue / Maturity | Coupon (projected) ◆ Reg52(4) disclosed ┊ Today
Today Interest paid (SEBI Reg52(4) disclosure) — due 20 Oct 2026 Issued 20 Oct 2014 Matures 20 Oct 2029

1 SEBI Reg52(4) disclosed payment — hover a square/diamond for detail.

Key Metrics

Coupon Rate
8.93%
YTM (Annual)
—
Credit Rating
AAA
(CARE) · rated 23 Apr 2026, 6 months ago
Remaining Tenure
2.9 Years

AAA (CARE): Rated 23 Apr 2026 (6 months ago).

AAA (ICRA): Rated 31 Jan 2015 (11 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

With more than one agency, the rating shown at the top is the lowest of those dated within the last 15 months (or the newest, when none is). How we pick it →

Advanced metrics
Modified Duration
2.48 Yrs
Macaulay Duration
2.71 Yrs
Issue Size
₹220 Cr
Minimum Investment
₹10,00,000
1 bond × ₹10,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
2.48 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
—
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
No call option

Observations

  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 1.27 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
Instrument Type
NCD
Issue Date
20 Oct 2014
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Power Grid Corporation of India Limited issued Power Grid Corporation of India 8.93% Oct 2029 NCD, a secured, rated NCD. It pays an 8.93% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

3 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
23 Apr 2026 CARE AAA Stable Latest CARE press release →
31 Jan 2015 ICRA AAA — Latest BSE listing
2014 CARE AAA — NSDL record, 2014 NSDL debt master

Rating Action History

3 actions

Agency actions on Power Grid Corporation of India Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

DateAgencyActionRatingOutlookRationale
2026-11-05 CRISIL Initial AAA Stable View →
2026-08-25 CRISIL Update — — View →
2026-06-24 CRISIL Update — — View →
Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →

Rating Actions on Power Grid Corporation of India 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
2026-11-05 CRISIL Initial AAA / Stable View →
2026-08-25 CRISIL Update — View →
2026-06-24 CRISIL Update — View →
Alert me about Power Grid Corporation of India 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

DatasetRecordsDetailFreshness
Credit Ratings 3 CARE, ICRA 2026-04-23
Rating Actions History 3 — 2026-11-05
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 1 NSE 2026-10-20
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata
Source
BSE
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.

Current Price (Clean)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE752E07MD6
Issue Date
20 Oct 2014
Maturity Date
20 Oct 2029
Listing
BSE
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Secured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

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Frequently Asked Questions
What is the coupon rate on Power Grid Corporation of India 8.93% Oct 2029 NCD?

Power Grid Corporation of India 8.93% Oct 2029 NCD carries a coupon of 8.93%, paid annual, on a face value of ₹10,00,000.

When does Power Grid Corporation of India 8.93% Oct 2029 NCD mature?

Power Grid Corporation of India 8.93% Oct 2029 NCD matures on 20 Oct 2029, 2.9 years from today.

What is Power Grid Corporation of India 8.93% Oct 2029 NCD rated?

Power Grid Corporation of India 8.93% Oct 2029 NCD is rated AAA by CARE (rating dated 23 Apr 2026) and AAA by ICRA (rating dated 31 Jan 2015).

Is Power Grid Corporation of India 8.93% Oct 2029 NCD secured?

Power Grid Corporation of India 8.93% Oct 2029 NCD is a secured bond.

Where does Power Grid Corporation of India 8.93% Oct 2029 NCD trade?

Power Grid Corporation of India 8.93% Oct 2029 NCD is listed on BSE.

More Bonds from This Issuer

P
Power Grid Corporation of India 9.25% Dec 2026 NCD
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Coupon
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Maturity
26 Dec 2026
P
Power Grid Corporation of India 9.65% Feb 2027 NCD
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Coupon
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Maturity
28 Feb 2027
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Power Grid Corporation of India 7.89% Mar 2027 NCD
INE752E07OE0
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Coupon
7.89%
Maturity
09 Mar 2027
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Power Grid Corporation of India 9.25% Mar 2027 NCD
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Coupon
9.25%
Maturity
09 Mar 2027
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Comparable NCDs maturing near 2029

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 8.93%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE002A08542Reliance Industries LimitedAAA8.95%2028-11-09
INE861G08043Food Corporation of IndiaAAA NSDL record, 20198.95%2029-03-01
INE306N08326Tata Capital LimitedAAA NSDL record, 20198.95%2029-04-16
INE658F08110Kerala Infrastructure Investment Fund BoardAA NSDL record, 20238.95%2029-12-21
INE448U07364Veritas Finance LimitedAA8.95%2029-06-28
INE027E08087L&T Finance LimitedAAA8.90%2029-09-13

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