Tata Steel Limited

Corporate · Manufacturing

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Methodology v1.0 Download Report (PDF)
Latest Rating
AA (CARE)
Total Debt Outstanding
₹15,165 Cr
Across 7 instruments
Listed Bonds
7
First Issue
2016-10-04
Latest Issue
2025-02-21
Maturity Range
2026 - 2034
Observation
7 active bonds tracked from this issuer.
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Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies
01 Issuer Overview
Sector
Manufacturing
Issuer Type
Corporate
First Tracked Bond
2016-10-04
Start of this issuer's debt program timeline
  • 7 active bonds tracked from this issuer.
  • 0 of 7 tracked bonds with a stated security status are secured. (based on 7 bonds with a disclosed security status)

Operating in the manufacturing sector, Tata Steel Limited is classified as a corporate issuer. Bond coupons here span 7.50% - 9.84%, paid annual. The maturity ladder spans 2026 - 2034.

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

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02 Debt Profile
Outstanding Bonds
7
Tracked by RetailBonds
Amount Tracked
₹15,165 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
8.10%
Range 7.50% - 9.84%
Avg Remaining Tenure
2.9 Yrs
Nearest maturity 2026-10
Secured
0%
0 of 7 bonds with known status
Callable
0
Of 7 bonds
Avg Spread vs G-Sec
+181 bps
Credit premium (indicative)

Maturity Profile

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

0 2026: 1 bond, ₹1,000 Cr tracked, avg coupon 8.15% 1 bond 2026 2027: 2 bonds, ₹3,200 Cr tracked, avg coupon 7.64% 2 bonds 2027 2028: 1 bond, ₹2,150 Cr tracked, avg coupon 8.03% 1 bond 2028 2030: 1 bond, ₹3,000 Cr tracked, avg coupon 7.65% 1 bond 2030 2032: 1 bond, ₹1,500 Cr tracked, avg coupon 7.76% 1 bond 2032 2034: 1 bond, ₹4,315 Cr tracked, avg coupon 9.84% 1 bond 2034

Security Type / Instrument Mix

  • NCD 7 bonds · 100% · ₹15,165 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2016: ₹1,000 Cr issued 2016 2019: ₹4,315 Cr issued 2019 2022: ₹2,000 Cr issued 2022 2023: ₹2,150 Cr issued 2023 2024: ₹2,700 Cr issued 2024 2025: ₹3,000 Cr issued 2025 Cumulative: ₹1,000 Cr Cumulative: ₹5,315 Cr Cumulative: ₹7,315 Cr Cumulative: ₹9,465 Cr Cumulative: ₹12,165 Cr Cumulative: ₹15,165 Cr

Based on 7 of 7 active bonds with a known issue date and issue size.

03 Credit Profile
  • AA 7 bonds · 100%
AgencyRatingOutlookBonds
INDIA_RATINGS AA+ 3
CARE AA 2
BRICKWORK AA+ 1
CARE AA+ 1

Recent Rating Actions

No rating action history available.

04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade
INE081A08215 TSL-8.15%-1-10-26-PVT 8.15% AA+ (BRICKWORK) 2026-10-04 6.56% 2026-08-18
INE081A08348 7.79% UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE DATE OF MATURITY 27/03/2027 7.79% AA+ (CARE) 2027-03-27
INE081A08314 7.50% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES 1. DATE OF MATURITY 20/09/2027 7.50% AA+ (INDIA_RATINGS) 2027-09-20
INE081A08330 8.03% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 25/02/2028 8.03% AA+ (INDIA_RATINGS) 2028-02-25 7.50% 2026-08-13
INE081A08355 TSL-7.65%-21-2-30-PVT 7.65% AA (CARE) 2030-02-21
INE081A08322 7.76% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES 2. DATE OF MATURITY 20/09/2032. 7.76% AA+ (INDIA_RATINGS) 2032-09-20
INE081A08223 TSL-9.8359%-1-3-34-PVT 9.84% AA (CARE) 2034-03-01
Compare (/) Compare Bonds

YTM and Last Trade depend on secondary-market volume — shown only for bonds with a recorded BSE/NSE trade.

05 Market Activity

Last 30 days, across all outstanding bonds from this issuer.

Traded Value (Last 30 Days)
₹0.0 Cr
Number of Trades (Last 30 Days)
4
Avg. Yield (Last 30 Days)
7.11%
06 Regulatory Filings
07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 7 2025-02-28
Rating Actions History 0
Secondary-Market Trades 7 2026-08-18
Reg52(4) Payment Disclosures 0

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

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Frequently Asked Questions
How many active bonds does Tata Steel Limited have?

Tata Steel Limited currently has 7 active bonds with coupons 7.50% - 9.84%, maturities spanning 2026 - 2034.

What is Tata Steel Limited's credit rating?

The most recent rating on Tata Steel Limited's bonds is AA (CARE), published by BRICKWORK, CARE, INDIA_RATINGS.

Are Tata Steel Limited's bonds secured?

Of the 7 bonds with a disclosed security status, 0 are secured (0%) and 7 are unsecured.

When do Tata Steel Limited's bonds mature?

Tata Steel Limited's active bonds mature between 2026 - 2034; the nearest matures in 2026-10; the average tenure is 2.9 Yrs.

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

The average coupon across Tata Steel Limited's 7 active bonds is 8.10%.

Disclaimer: This page aggregates publicly available data about Tata 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.