Market closed today (Weekend) · Prices and yields as of last trading day, 06 Nov 2026
Happy Diwali from all of us at RetailBonds

Grasim Industries Limited — Bonds & AAA (CRISIL) Rating

Corporate · Manufacturing

Verify this issuer →
Methodology v1.0 Download Report (PDF) Watch
Agency Rating
AAA (CRISIL)
Most common current rating on senior bonds
4 of 4 rated · CRISIL, 30 Jun 2025
Total Debt Outstanding
₹7,250 Cr
Across 6 instruments
Active Bonds
6
First Issue
5 Apr 2021
Latest Issue
6 Jun 2025
Maturity Range
2027 - 2034
Observation
6 active bonds tracked from this issuer.
View details →
Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies

Latest events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.
  • 18 Sep 2026 Redemption notice Redemption of Commercial Paper
Issuer health card 1 item to look at
  • Current ratings CRISIL AAA
  • Rating range All current ratings are AAA (CRISIL 30 Jun 2025)
  • Rating direction, 12 months 0 upgrades, 0 downgrades
  • Watch / negative outlook None in 12 months
  • Issuer not cooperating No such actions in 12 months
  • Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months
  • Newest agency rating Dated 22 Jul 2026
  • Payment record No payment disclosures since 17 Jul 2026
  • Defaults on record No bond marked defaulted
  • Traded in the last 30 days 0 of 6 active bonds had an exchange trade
  • Exchange filings, 90 days 80 filings on NSE/BSE

A checklist of published facts, not a rating or a view on credit quality. Ratings are the agencies' own; payment record covers NSE disclosures since 17 Jul 2026; "late" means paid more than 3 days after the due date (next-working-day payments are allowed). Rating range covers every current rating on the issuer's active bonds, with each agency's rating date. Rating actions count only when the agency's heading names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility. Rating age uses the newest rating date on file and is flagged when older than 12 months. See methodology.

Alert me about Grasim Industries 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.
01 Issuer Overview
Sector
Manufacturing
Issuer Type
Corporate
First Tracked Bond
5 Apr 2021
Start of this issuer's debt program timeline
  • 6 active bonds tracked from this issuer.
  • 0 of 6 tracked bonds with a stated security status are secured. (based on 6 bonds with a disclosed security status)
  • Most recent rating action: reaffirm by CRISIL on 22 Jul 2026.

Grasim Industries Limited is a corporate issuer in the Manufacturing sector. Coupon rates on outstanding bonds range from 6.56% - 7.63%, paid annually. Bonds mature between 2027 - 2034.

Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.

Thanks — your suggestion has been submitted for review.

02 Debt Profile
Outstanding Bonds
6
Tracked by RetailBonds
Amount Tracked
₹7,250 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
7.18%
Range 6.56% - 7.63%
Avg Remaining Tenure
4.2 Yrs
Nearest maturity Jun 2027
Secured
0%
0 of 6 bonds with known status
Callable
1
Of 6 bonds

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (2 bonds).

0 2027: 2 bonds, ₹2,000 Cr tracked, avg coupon 7.56% 2 bonds 2027 2030: 1 bond, ₹1,000 Cr tracked, avg coupon 6.56% 1 bond 2030 2031: 1 bond, ₹1,000 Cr tracked, avg coupon 6.99% 1 bond 2031 2034: 2 bonds, ₹3,250 Cr tracked, avg coupon 7.21% 2 bonds 2034

Security Type / Instrument Mix

  • NCD 6 bonds · 100% · ₹7,250 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2021: ₹1,000 Cr issued 2021 2022: ₹2,000 Cr issued 2022 2024: ₹3,250 Cr issued 2024 2025: ₹1,000 Cr issued 2025 Cumulative: ₹1,000 Cr Cumulative: ₹3,000 Cr Cumulative: ₹6,250 Cr Cumulative: ₹7,250 Cr

Based on 6 of 6 active bonds with a known issue date and issue size.

03 Credit Profile
  • AAA 6 bonds · 100%
AgencyRatingOutlookBonds
CRISIL AAA — 4
ICRA AAA NSDL record — 2

Recent Rating Actions

22 Jul 2026 · CRISIL
AAA
Reaffirmed · Stable
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade Details
INE047A08190 Grasim Industries 7.50% Jun 2027 NCD 7.50% AAA (CRISIL) 2027-06-10 — —
INE047A08208 Grasim Industries 7.63% Dec 2027 NCD 7.63% AAA (ICRA, NSDL record 2022) 2027-12-01 — 2026-06-29
INE047A08240 Grasim Industries 6.56% Jun 2030 NCD 6.56% AAA (CRISIL) 2030-06-06 — —
INE047A08182 Grasim Industries 6.99% Apr 2031 NCD 6.99% AAA (CRISIL) 2031-04-04 — —
INE047A08224 Grasim Industries Mar 2034 NCD — AAA (ICRA, NSDL record 2023) 2034-03-22 — —
INE047A08232 Grasim Industries 7.21% Dec 2034 NCD 7.21% AAA (CRISIL) 2034-12-19 — —
Compare (/) Compare Bonds

YTM is the market yield from the latest BSE/NSE trade. It shows “—” when that trade is over 30 days old, the bond is under 30 days from maturity, it is a market-linked debenture, or the price failed our checks (hover the dash for the reason). A coupon is never shown as a yield.

05 Market Activity

No recorded secondary-market trades in the last 30 days.

06 Regulatory Filings
BSE Corporate Announcements
Press Release 4 Nov 2026
Clarification sought by the Stock Exchange on the news item appeared in https://www.ndtvprofit.com dated October 23, 2026 25 Oct 2026
The Exchange has sought clarification from Grasim Industries Ltd on October 23, 2026, with reference to news appeared in https://www.ndtvprofit.com dated October 23, 2026 (Link: https://www.ndtvprofit.com/business/bombay-high-court-quashes-rs-329-crore-tax-claim-against-grasim-industries-over-vodafone-idea-rights-issue-12219710) .... 23 Oct 2026
Credit Rating Rationale
07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 6 2025-06-30
Rating Actions History 1 2026-07-22
Secondary-Market Trades 1 2026-06-29
Reg52(4) Payment Disclosures 0 —

Methodology version 1.0. See full methodology for sources and limitations.

Related Issuers

All issuers →
Frequently Asked Questions
How many active bonds does Grasim Industries Limited have?

Grasim Industries Limited currently has 6 active bonds with coupons of 6.56% - 7.63%, maturities spanning 2027 - 2034.

What is Grasim Industries Limited's credit rating?

The most common current rating on Grasim Industries Limited's senior bonds is AAA (CRISIL). Ratings on file come from CRISIL, ICRA.

Are Grasim Industries Limited's bonds secured?

Of the 6 bonds with a disclosed security status, 0 are secured (0%) and 6 are unsecured.

When do Grasim Industries Limited's bonds mature?

Grasim Industries Limited's active bonds mature between 2027 - 2034; the nearest matures in Jun 2027; the average tenure is 4.2 Yrs.

What is the average coupon on Grasim Industries Limited's bonds?

The average coupon across Grasim Industries Limited's 6 active bonds is 7.18%.

Disclaimer: This page aggregates publicly available data about Grasim Industries Limited for informational purposes only. Ratings shown are the opinion of the issuing rating agency and are not buy/sell recommendations. RetailBonds.in does not issue its own ratings or investment advice. Verify all data against the issuer’s offer document before transacting.