A
AA / Stable Secured NCD

Adani Power Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2031

Current YTM
8.50%
Market YTM
Coupon Rate
8.40%
Per annum
Maturity Date
27 Jan 2031
4.4 Yrs to Maturity
Interest Payment
Quarterly
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.50%
Live, last traded 2026-08-21
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+176 bps
vs 4.4Y G-Sec at 6.74%
Below the median spread for similar-tenor peers
Tenure
4.4 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-01 2026-08-21
Cashflow Timeline
27 Oct 2026
Interest Payment
₹2,100.00 / Bond
27 Jan 2027
Interest Payment
₹2,100.00 / Bond
27 Apr 2027
Interest Payment
₹2,100.00 / Bond
27 Jul 2027
Interest Payment
₹2,100.00 / Bond
27 Oct 2027
Interest Payment
₹2,100.00 / Bond
27 Jan 2028
Interest Payment
₹2,100.00 / Bond
27 Apr 2028
Interest Payment
₹2,100.00 / Bond
27 Jul 2028
Interest Payment
₹2,100.00 / Bond
27 Jan 2031
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 2026-01-27 Matures 2031-01-27
Key Metrics
Coupon Rate
8.40%
YTM (Annual)
8.50%
Credit Rating
AA
(CARE)
Remaining Tenure
4.4 Years
Advanced metrics
Modified Duration
3.63 Yrs
Macaulay Duration
3.71 Yrs
Issue Size
₹1,275 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
3.63 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Quarterly
Last Trade
2026-08-21
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 1.60 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2026-01-27
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

APL-8.40%-27-01-31-PVT is a secured, rated, redeemable ncd issued by Adani Power Limited. The bond offers a fixed coupon of 8.40% p.a. with quarterly interest payments and repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-21 100.5602 8.5000 None
2026-07-24 100.0000 8.7567 2
2026-07-23 100.2300 8.6000 2
2026-07-15 99.6586 8.7600 None
2026-07-09 100.5309 8.5140 None
2026-07-08 101.1837 8.3304 None
2026-07-06 101.1680 8.3352 None
2026-07-03 101.1320 8.3463 None
2026-07-02 100.0812 8.6408 None
2026-07-01 101.1240 8.3487 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 2 CARE, INDIA_RATINGS 2026-01-31
Rating Actions History 0
Secondary-Market Trades 10 NSE OTC (WAP) 2026-08-21
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 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 Adani Power 8.40% Jan 2031 NCD?

Adani Power 8.40% Jan 2031 NCD carries a coupon of 8.40%, paid quarterly, on a face value of ₹100,000.

When does Adani Power 8.40% Jan 2031 NCD mature?

Adani Power 8.40% Jan 2031 NCD matures on 2031-01-27, 4.4 years from today.

What is Adani Power 8.40% Jan 2031 NCD rated?

Adani Power 8.40% Jan 2031 NCD is rated AA by CARE and AA by INDIA_RATINGS. As of 2026-01-31.

Is Adani Power 8.40% Jan 2031 NCD secured?

Adani Power 8.40% Jan 2031 NCD is a secured bond.

Where does Adani Power 8.40% Jan 2031 NCD trade?

Adani Power 8.40% Jan 2031 NCD is listed on BSE.

What yield does Adani Power 8.40% Jan 2031 NCD currently offer?

The last recorded trade on 2026-08-21 priced Adani Power 8.40% Jan 2031 NCD at ₹100.56, implying a yield to maturity of 8.50%.

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Maturity
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