T
AA+ Secured NCD

Torrent Power Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2031

Current YTM
No live YTM available
Coupon Rate
8.50%
Per annum
Maturity Date
07 Jun 2031
4.8 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual) EST
~8.50%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+199 bps
vs 4.8Y G-Sec at 6.51% *
Below the median spread for similar-tenor peers
Tenure
4.8 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.
Cashflow Timeline
7 Jun 2027
Interest Payment
₹8,500.00 / Bond
7 Jun 2028
Interest Payment
₹8,500.00 / Bond
7 Jun 2029
Interest Payment
₹8,500.00 / Bond
7 Jun 2030
Interest Payment
₹8,500.00 / Bond
7 Jun 2031
Principal Payment
₹100,000.00 / Bond

Next 4 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2023-06-07 Matures 2031-06-07
Key Metrics
Coupon Rate
8.50%
YTM (Annual)
Credit Rating
AA+
(INDIA_RATINGS)
Remaining Tenure
4.8 Years
Advanced metrics
Modified Duration
3.73 Yrs
Macaulay Duration
4.05 Yrs
Issue Size
₹100 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
3.73 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 1.50 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2023-06-07
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Torrent Power Limited, 8.5% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES 11 TRACNHE 11A DATE OF MATURITY 07/06/2031 is a secured, rated, ncd paying a 8.50% p.a. coupon annual. The instrument repays principal on maturity.

Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 INDIA_RATINGS 2023-05-24
Rating Actions History 0
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 2026

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Frequently Asked Questions
What is the coupon rate on Torrent Power 8.50% Jun 2031 NCD?

Torrent Power 8.50% Jun 2031 NCD carries a coupon of 8.50%, paid annual, on a face value of ₹100,000.

When does Torrent Power 8.50% Jun 2031 NCD mature?

Torrent Power 8.50% Jun 2031 NCD matures on 2031-06-07, 4.8 years from today.

What is Torrent Power 8.50% Jun 2031 NCD rated?

Torrent Power 8.50% Jun 2031 NCD is rated AA+ by INDIA_RATINGS. As of 2023-05-24.

Is Torrent Power 8.50% Jun 2031 NCD secured?

Torrent Power 8.50% Jun 2031 NCD is a secured bond.

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