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Power Grid Corporation of India 7.02% Dec 2035 NCD (INE752E08809)

CRISIL AAA / Stable Unsecured NCD

Power Grid Corporation of India Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2035

68 more bonds from Power Grid Corporation of India Limited →
Current YTM
—
No market YTM available
Coupon Rate
7.02%
Per annum
Maturity Date
12 Dec 2035
9.1 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.
  • 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
9.1 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

12 Dec 2026
Interest Payment
₹7,020.00 / Bond
₹6,318.00 net of 10% TDS (est.)
12 Dec 2027
Interest Payment
₹7,020.00 / Bond
₹6,318.00 net of 10% TDS (est.)
12 Dec 2028
Interest Payment
₹7,020.00 / Bond
₹6,318.00 net of 10% TDS (est.)
12 Dec 2029
Interest Payment
₹7,020.00 / Bond
₹6,318.00 net of 10% TDS (est.)
12 Dec 2030
Interest Payment
₹7,020.00 / Bond
₹6,318.00 net of 10% TDS (est.)
12 Dec 2031
Interest Payment
₹7,020.00 / Bond
₹6,318.00 net of 10% TDS (est.)
12 Dec 2032
Interest Payment
₹7,020.00 / Bond
₹6,318.00 net of 10% TDS (est.)
12 Dec 2033
Interest Payment
₹7,020.00 / Bond
₹6,318.00 net of 10% TDS (est.)
…
+1 more coupon until 12 Dec 2034
₹7,020.00 each / Bond
12 Dec 2035
Final coupon + principal
₹1,07,020.00 / Bond
₹7,020.00 coupon + ₹1,00,000 face value

10 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 12 Dec 2025 Matures 12 Dec 2035

Key Metrics

Coupon Rate
7.02%
YTM (Annual)
—
Credit Rating
AAA
(CRISIL) · rated 31 Dec 2025, 10 months ago
Remaining Tenure
9.1 Years

AAA (CRISIL): Rated 31 Dec 2025 (10 months ago).

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

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
6.17 Yrs
Macaulay Duration
6.60 Yrs
Issue Size
₹3,704 Cr
Minimum Investment
₹1,00,000
1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
6.17 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 3.18 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
12 Dec 2025
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Issued by Power Grid Corporation of India Limited, Power Grid Corporation of India 7.02% Dec 2035 NCD is an unsecured, rated NCD. It pays a 7.02% 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 Dec 2025 CRISIL AAA Stable Latest BSE listing
2025 ICRA AAA — NSDL record, 2025 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, CRISIL, ICRA 2026-04-23
Rating Actions History 3 — 2026-11-05
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
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)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE752E08809
Issue Date
12 Dec 2025
Maturity Date
12 Dec 2035
Listing
BSE
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Unsecured
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 7.02% Dec 2035 NCD?

Power Grid Corporation of India 7.02% Dec 2035 NCD carries a coupon of 7.02%, paid annual, on a face value of ₹1,00,000.

When does Power Grid Corporation of India 7.02% Dec 2035 NCD mature?

Power Grid Corporation of India 7.02% Dec 2035 NCD matures on 12 Dec 2035, 9.1 years from today.

What is Power Grid Corporation of India 7.02% Dec 2035 NCD rated?

Power Grid Corporation of India 7.02% Dec 2035 NCD is rated AAA by CRISIL (rating dated 31 Dec 2025) and AAA by CARE (rating dated 23 Apr 2026).

Is Power Grid Corporation of India 7.02% Dec 2035 NCD secured?

Power Grid Corporation of India 7.02% Dec 2035 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Power Grid Corporation of India 7.02% Dec 2035 NCD trade?

Power Grid Corporation of India 7.02% Dec 2035 NCD is listed on BSE.

More Bonds from This Issuer

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Power Grid Corporation of India 9.25% Dec 2026 NCD
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Coupon
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Maturity
26 Dec 2026
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Power Grid Corporation of India 9.65% Feb 2027 NCD
INE752E07LM9
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Coupon
9.65%
Maturity
28 Feb 2027
P
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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AAA
Coupon
9.25%
Maturity
09 Mar 2027
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Comparable NCDs maturing near 2035

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 7.02%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE053F08114Indian Railway Finance Corporation LimitedAAA7.03%2036-07-30
INE0KUG08084National Bank for Financing Infrastructure and DevelopmentAAA NSDL record, 20257.04%2035-04-07
INE906B07IC4National Highways Authority of IndiaAAA NSDL record, 20206.99%2035-05-28
INE062A08496State Bank of IndiaAAA7.05%2036-03-20
INE261F08DG5National Bank for Agriculture and Rural DevelopmentAAA NSDL record, 20216.97%2036-07-29
INE053F08155Indian Railway Finance Corporation LimitedAAA6.95%2036-11-24

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