Indian Oil Corporation Limited

Indian Oil Corporation Limited is an Indian company in the chemicals & petrochemicals industry with 7 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 6.14% to 7.79% a year. Maturity dates run from 18 Feb 2027 to 12 Apr 2032. NSDL records 0 of the 7 whose terms it holds as secured. Latest credit ratings on record: India Ratings AAA (Stable) (action dated 29 Jun 2026); ICRA AAA (Stable) (action dated 18 May 2026); CRISIL AAA (Stable) (action dated 30 Sep 2024). Verify current terms against the official documents linked on this page.

Data as of 15 Nov 2026 (snapshot 20261115-2253) · How this page is compiled

Issuer overview

Legal name
Indian Oil Corporation Limited
CIN
L23201MH1959GOI011388
LEI
335800J8OBWE4VFUDG88
Company status
Active
Industry
Chemicals & Petrochemicals
Business
Refineries & Marketing
Ownership
Public Sector Undertaking (PSU)
ISIN issuer code
INE242A
Outstanding bonds (ISINs)
7 (plus 7 matured)
Stated coupons (fixed rate)
6.14% – 7.79%
Maturity dates
18 Feb 2027 – 12 Apr 2032
Secured (NSDL)
0 of 7
Combined issue size of outstanding bonds
₹17,000 crore
Traded on
BSE, NSE

Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.

Indian Oil Corporation bonds: ISIN, coupon and maturity

7 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE242A08502 NCD 6.14% Yearly 18 Feb 2022 18 Feb 2027 ₹10,00,000 1,500 Unsecured None recorded — CRISIL AAA 11 Feb 2022
INE242A08536 NCD 7.14% Yearly 6 Sep 2022 6 Sep 2027 ₹10,00,000 2,500 Unsecured None recorded — CRISIL AAA 17 Aug 2022
INE242A08544 NCD 7.44% Yearly 25 Nov 2022 25 Nov 2027 ₹10,00,000 2,500 Unsecured None recorded — ICRA AAA 18 May 2026
INE242A08551 NCD 7.36% Yearly 16 Jul 2024 16 Jul 2029 ₹1,00,000 2,500 Unsecured None recorded NSE CRISIL AAA 2 Feb 2024
INE242A08437 NCD 7.41% Yearly 22 Oct 2019 22 Oct 2029 ₹10,00,000 3,000 Unsecured None recorded — CRISIL AAA 19 Sep 2019
INE242A08569 NCD 7.25% Yearly 6 Jan 2025 6 Jan 2030 ₹1,00,000 2,500 Unsecured None recorded NSE CRISIL AAA 30 Sep 2024
INE242A08528 NCD 7.79% Yearly 17 Jun 2022 12 Apr 2032 ₹10,00,000 2,500 Unsecured None recorded BSE CRISIL AAA 7 Jun 2022
Notes on this table
  • Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
  • Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
  • "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
  • Prices and yields are not shown. They change with every trade: see BSE and NSE.
  • Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Credit rating.

Indian Oil Corporation credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
India Ratings AAA Stable Reaffirm 29 Jun 2026 5 Checked 7 Nov 2026
ICRA AAA Stable Reaffirm 18 May 2026 2 Verified by NSDL · Checked 7 Nov 2026
CRISIL AAA Stable New 30 Sep 2024 6 Verified by NSDL · Over 12 months old · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
29 Jun 2026 India Ratings AAA Stable Reaffirm
18 May 2026 ICRA AAA Stable Reaffirm
30 Sep 2025 India Ratings AAA Stable Reaffirm
19 May 2025 ICRA AAA Stable Reaffirm
1 Oct 2024 India Ratings AAA Stable Reaffirm
30 Sep 2024 CRISIL AAA Stable New
27 Sep 2024 ICRA AAA Stable Reaffirm
15 Feb 2024 India Ratings AAA Positive Reaffirm
15 Feb 2024 India Ratings AAA Stable Reaffirm
2 Feb 2024 CRISIL AAA Stable New
28 Sep 2023 ICRA AAA Stable Reaffirm
16 Feb 2023 India Ratings AAA Stable Reaffirm
29 Sep 2022 ICRA AAA Stable New
23 Aug 2022 ICRA AAA Stable New
17 Aug 2022 CRISIL AAA Stable New

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: CRISIL, ICRA, India Ratings

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
6 Jan 2025 INE242A08569 6 Jan 2030 Placement memorandum on BSE
16 Jul 2024 INE242A08551 16 Jul 2029 Placement memorandum on BSE
25 Nov 2022 INE242A08544 25 Nov 2027 Placement memorandum on BSE
6 Sep 2022 INE242A08536 6 Sep 2027 Placement memorandum on BSE
17 Jun 2022 INE242A08528 12 Apr 2032 Placement memorandum on BSE
21 Apr 2022 INE242A08510 19 Apr 2024 Placement memorandum on BSE
18 Feb 2022 INE242A08502 18 Feb 2027 Placement memorandum on BSE
25 Jan 2021 INE242A08494 23 Jan 2026 Placement memorandum on BSE
20 Oct 2020 INE242A08486 20 Oct 2025 Placement memorandum on BSE
3 Aug 2020 INE242A08478 11 Apr 2025 Placement memorandum on BSE
27 May 2020 INE242A08460 25 Nov 2022 Placement memorandum on BSE
6 Mar 2020 INE242A08452 6 Mar 2025 Placement memorandum on BSE
14 Jan 2020 INE242A08445 14 Apr 2023 Placement memorandum on BSE
22 Oct 2019 INE242A08437 22 Oct 2029 Placement memorandum on BSE

From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.

Company details

Date of incorporation
30 Jun 2059
Category
Indian Oil Corporation Limited (IOCL), as per its credit rating, is an oil refining and marketing company. It has its presence across the hydrocarbon value chain, ranging from exploration and production, refining, pipeline transportation, to marketing petroleum products and petrochemicals. IOCL operates at a refining capacity of 80.75 MMTPA, including a capacity of 10.50 MMTPA in its subsidiary Chennai Petroleum Corporation Limited (CPCL). It has an extensive pipeline network that spans a total of 20,001 km. IOCL has 43,138 retail outlets and 12,941 LPG distributors. The petrochemical division (having a capacity of 4.5 MMTPA) complements the company's portfolio, producing a variety of chemicals used in industries, such as textiles, plastics, and pharmaceuticals. The company also operates 258.06 MW of renewable energy, comprising 167.60 MW of wind capacity and 90.46 MW of solar photovoltaic capacity as on March 31, 2026, and 49 CBG plants.
Class
https://www.iocl.com/
Listed / unlisted
Listed
Registered office
Indian Oil Bhavan, G-9 All Yavar Jung Marg, BANDRA (EAST) MUMBAI - 400051
State
Maharashtra
Registrar of Companies
Mumbai
Authorised capital
3.00E+11
Paid-up capital
1.41E+11
Last AGM
31 Aug 2026

Indian Oil Corporation bonds: questions and answers

What bonds has Indian Oil Corporation Limited issued?

Indian Oil Corporation Limited has 7 outstanding bonds recorded on this page. By type, as described by NSDL: 7 NCDs. 7 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of Indian Oil Corporation Limited bonds?

Its 7 outstanding bonds each have their own ISIN, for example INE242A08502, INE242A08536, INE242A08544. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE242A.

What coupon rates do Indian Oil Corporation Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 6.14% to 7.79% a year on face value. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.

When do Indian Oil Corporation Limited bonds mature?

Its outstanding bonds have maturity dates from 18 Feb 2027 to 12 Apr 2032. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Indian Oil Corporation Limited bonds?

NSDL India Bond Info records India Ratings AAA (Stable) (action dated 29 Jun 2026); ICRA AAA (Stable) (action dated 18 May 2026); CRISIL AAA (Stable) (action dated 30 Sep 2024) on its outstanding bonds. Checked on NSDL on 7 Nov 2026. A rating is the agency's opinion and can change at any time.

Are Indian Oil Corporation Limited bonds secured, unsecured or guaranteed?

NSDL records 0 of the 7 outstanding bonds whose terms it holds as secured and 7 as unsecured. None is recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.

Where can investors find the original disclosure documents for Indian Oil Corporation Limited bonds?

Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.

How can investors check the current market price or yield of Indian Oil Corporation Limited bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE and NSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.

Sources and dates

Data as of 15 Nov 2026 (snapshot 20261115-2253). Facts on this page last changed on 31 Oct 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.

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Bond Interpretation
Bond Interpretation is an information resource on Indian corporate bond issuers, published by Newsinterpretation. It covers the companies behind corporate bonds and non-convertible debentures (NCDs): their outstanding bonds with ISIN-level terms, credit ratings as recorded by the depository, private placements and public NCD issues. It brings together depository (NSDL India Bond Info), exchange (BSE and NSE) and company records, and shows the source and date of each fact. The pages are compiled automatically from those records. Bond Interpretation publishes no credit ratings, opinions or recommendations to buy, sell or hold of its own.

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