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

JSW Steel Limited — Bonds & AA (ICRA) Rating

Corporate · Manufacturing

Verify this issuer →
Methodology v1.0 Download Report (PDF) Watch
Agency Rating
AA (ICRA)
Most common current rating on senior bonds
5 of 6 rated · ICRA, 30 Sep 2024
Total Debt Outstanding
₹6,750 Cr
Across 7 instruments
Active Bonds
7
First Issue
18 Oct 2019
Latest Issue
30 Aug 2024
Maturity Range
2027 - 2031
Observation
7 active bonds tracked from this issuer.
View details →
Coverage: Medium Data Quality: Medium Sources: NSE, BSE, SEBI, rating agencies

Latest events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.
Issuer health card 3 items to look at
  • Current ratings ICRA AA, CARE AA, CARE AA-
  • Rating range Current ratings range from AA- (CARE 31 May 2021) to AA (CARE 31 Jan 2020, ICRA 30 Sep 2024, India Ratings 31 Oct 2020)
  • Rating direction, 12 months No rating actions on file
  • 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  • Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months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 No agency rating on file newer than 30 Sep 2024
  • Payment record No payment disclosures since 17 Jul 2026
  • Defaults on record No bond marked defaulted
  • Traded in the last 30 days 0 of 7 active bonds had an exchange trade
  • Exchange filings, 90 days 61 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names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility.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 JSW Steel 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
18 Oct 2019
Start of this issuer's debt program timeline
  • 7 active bonds tracked from this issuer.
  • 5 of 6 tracked bonds with a stated security status are secured. (based on 6 bonds with a disclosed security status)

JSW Steel Limited, a corporate issuer in the Manufacturing sector, is tracked on RetailBonds.in. Outstanding bonds carry coupons between 8.35% - 8.90%, paid annually. Maturities on outstanding bonds fall between 2027 - 2031.

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
7
Tracked by RetailBonds
Amount Tracked
₹6,750 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt (disclosed for 6 of 7 bonds)
Avg Coupon
8.59%
Range 8.35% - 8.90%
Avg Remaining Tenure
2.8 Yrs
Nearest maturity May 2027
Secured
83%
5 of 6 bonds with known status
Callable
1
Of 7 bonds

Maturity Profile

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

0 2027: 2 bonds, ₹500 Cr tracked, avg coupon 8.45% 2 bonds 2027 2029: 2 bonds, ₹3,750 Cr tracked, avg coupon 8.57% 2 bonds 2029 2030: 1 bond, ₹1,000 Cr tracked, avg coupon 8.90% 1 bond 2030 2031: 2 bonds, ₹1,500 Cr tracked, avg coupon 8.59% 2 bonds 2031

Security Type / Instrument Mix

  • NCD 7 bonds · 100% · ₹6,750 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2019: ₹2,000 Cr issued 2019 2020: ₹1,000 Cr issued 2020 2021: ₹1,000 Cr issued 2021 2024: ₹2,750 Cr issued 2024 Cumulative: ₹2,000 Cr Cumulative: ₹3,000 Cr Cumulative: ₹4,000 Cr Cumulative: ₹6,750 Cr

Based on 6 of 7 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.

03 Credit Profile
  • AA 7 bonds · 100%
AgencyRatingOutlookBonds
CARE AA — 2
ICRA AA Stable 2
CARE AA- — 1
India Ratings AA — 1
ICRA AA NSDL record — 1

Recent Rating Actions

No rating action history available.

04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade Details
INE019A08058 JSW Steel 8.39% May 2027 NCD 8.39% AA (ICRA, NSDL record 2024) 2027-05-13 — —
INE019A07431 JSW Steel 8.50% Oct 2027 NCD 8.50% AA (India Ratings) 2027-10-12 — —
INE019A07464 JSW Steel 8.35% Aug 2029 NCD 8.35% AA (ICRA) 2029-08-30 — —
INE019A07415 JSW Steel 8.79% Oct 2029 NCD 8.79% AA (CARE) 2029-10-18 — —
INE019A07423 JSW Steel 8.90% Jan 2030 NCD 8.90% AA (CARE) 2030-01-22 — —
INE019A07449 JSW Steel 8.76% May 2031 NCD 8.76% AA- (CARE) 2031-05-02 — —
INE019A07456 JSW Steel 8.43% Aug 2031 NCD 8.43% AA (ICRA) 2031-08-29 — —
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
07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 7 2024-09-30
Rating Actions History 0 —
Secondary-Market Trades 0 —
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 JSW Steel Limited have?

JSW Steel Limited currently has 7 active bonds with coupons of 8.35% - 8.90%, maturities spanning 2027 - 2031.

What is JSW Steel Limited's credit rating?

The most common current rating on JSW Steel Limited's senior bonds is AA (ICRA). Ratings on file come from CARE, ICRA, India Ratings.

Are JSW Steel Limited's bonds secured?

Of the 6 bonds with a disclosed security status, 5 are secured (83%) and 1 is unsecured.

When do JSW Steel Limited's bonds mature?

JSW Steel Limited's active bonds mature between 2027 - 2031; the nearest matures in May 2027; the average tenure is 2.8 Yrs.

What is the average coupon on JSW Steel Limited's bonds?

The average coupon across JSW Steel Limited's 7 active bonds is 8.59%.

Disclaimer: This page aggregates publicly available data about JSW Steel 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.