T
AA+ Secured NCD

Torrent Power Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2035

Current YTM
7.95%
Market YTM
Coupon Rate
7.97%
Per annum
Maturity Date
09 Mar 2035
8.5 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.95%
Live, last traded 2026-07-17
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+139 bps
vs 8.5Y G-Sec at 6.56%
Below the median spread for similar-tenor peers
Tenure
8.5 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
9 Mar 2027
Interest Payment
₹7,970.00 / Bond
9 Mar 2028
Interest Payment
₹7,970.00 / Bond
9 Mar 2029
Interest Payment
₹7,970.00 / Bond
9 Mar 2030
Interest Payment
₹7,970.00 / Bond
9 Mar 2031
Interest Payment
₹7,970.00 / Bond
9 Mar 2032
Interest Payment
₹7,970.00 / Bond
9 Mar 2033
Interest Payment
₹7,970.00 / Bond
9 Mar 2034
Interest Payment
₹7,970.00 / Bond
9 Mar 2035
Principal Payment
₹100,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2026-03-09 Matures 2035-03-09
Key Metrics
Coupon Rate
7.97%
YTM (Annual)
7.95%
Credit Rating
AA+
(CRISIL)
Remaining Tenure
8.5 Years
Advanced metrics
Modified Duration
5.82 Yrs
Macaulay Duration
6.28 Yrs
Issue Size
₹675 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
5.82 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-17
NSE OTC (WAP)
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 2.03 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
2026-03-09
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Torrent Power Limited issued this secured, rated, ncd (7.97% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES 14 TRANCHE 14B DATE OF MATURITY 09/03/2035) carrying a 7.97% p.a. coupon, paid annual. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-17 100.0000 7.9527 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CRISIL, INDIA_RATINGS 2026-06-28
Rating Actions History 0
Secondary-Market Trades 1 NSE OTC (WAP) 2026-07-17
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
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.

Frequently Asked Questions
What is the coupon rate on Torrent Power 7.97% Mar 2035 NCD?

Torrent Power 7.97% Mar 2035 NCD carries a coupon of 7.97%, paid annual, on a face value of ₹100,000.

When does Torrent Power 7.97% Mar 2035 NCD mature?

Torrent Power 7.97% Mar 2035 NCD matures on 2035-03-09, 8.5 years from today.

What is Torrent Power 7.97% Mar 2035 NCD rated?

Torrent Power 7.97% Mar 2035 NCD is rated AA+ by CRISIL and AA+ by INDIA_RATINGS. As of 2026-06-28.

Is Torrent Power 7.97% Mar 2035 NCD secured?

Torrent Power 7.97% Mar 2035 NCD is a secured bond.

What yield does Torrent Power 7.97% Mar 2035 NCD currently offer?

The last recorded trade on 2026-07-17 priced Torrent Power 7.97% Mar 2035 NCD at ₹100.00, implying a yield to maturity of 7.95%.

More Bonds from This Issuer
8
Torrent Power 8.40% Jan 2027 NCD
AA+
Coupon
8.40%
Maturity
18 Jan 2027
8
Torrent Power 8.32% Feb 2027 NCD
AA+
Coupon
8.32%
Maturity
28 Feb 2027
7
Torrent Power 7.25% Mar 2027 NCD
AA+
Coupon
7.25%
Maturity
03 Mar 2027
7
Torrent Power 7.45% Mar 2027 NCD
AA+
Coupon
7.45%
Maturity
11 Mar 2027
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