Indian Renewable Energy Development Agency Limited is an Indian company in the BFSI industry with 40 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 7% to 9.23% a year. Maturity dates run from 6 Feb 2027 to 1 Jan 9999. NSDL records 13 of the 40 whose terms it holds as secured. Latest credit ratings on record: CARE AAA (Stable) (action dated 22 Jun 2026); ICRA AAA (Stable) (action dated 16 Apr 2026); India Ratings AAA (Stable) (action dated 14 Apr 2026); Brickwork AAA (Stable) (action dated 19 Feb 2026). 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 Renewable Energy Development Agency Limited
- CIN
- U65100DL1987GOI027265
- LEI
- 335800AXWFKW4BC99J48
- Company status
- Active
- Industry
- BFSI
- Business
- Non-Banking Financial Company (NBFC)
- Ownership
- Public Sector Undertaking (PSU)
- ISIN issuer code
- INE202E
- Outstanding bonds (ISINs)
- 40 (plus 3 matured)
- Stated coupons (fixed rate)
- 7% – 9.23%
- Maturity dates
- 6 Feb 2027 – 1 Jan 9999
- Secured (NSDL)
- 13 of 40
- Combined issue size of outstanding bonds
- ₹32,969 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 Renewable Energy Development Agency bonds: ISIN, coupon and maturity
40 outstanding bonds, by maturity date.
| ISIN | Type | Coupon | Interest paid | Allotted | Maturity | Face value | Issue size (₹ cr) | Security | Guarantee | Traded on | Rating (NSDL) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| INE202E08011 | Bond (NCD) | 7.22% | Half-yearly | 6 Feb 2017 | 6 Feb 2027 | ₹10,00,000 | 610 | Unsecured | None recorded | BSE | India Ratings AAA 14 Apr 2026 |
| INE202E08037 | Bond (NCD) | 7.85% | Half-yearly | 6 Mar 2017 | 6 Mar 2027 | ₹10,00,000 | 810 | Unsecured | None recorded | BSE | India Ratings AAA 14 Apr 2026 |
| INE202E07245 | Bond (NCD) | 8.12% | Yearly | 24 Mar 2017 | 24 Mar 2027 | ₹10,00,000 | 200 | Secured | None recorded | — | India Ratings AAA 14 Apr 2026 |
| INE202E07252 | Bond (NCD) | 8.05% | Yearly | 29 Mar 2017 | 29 Mar 2027 | ₹10,00,000 | 500 | Secured | None recorded | — | India Ratings AAA 14 Apr 2026 |
| INE202E08151 | Bond (NCD) | 7.77% | Yearly | 10 Jan 2024 | 10 May 2027 | ₹1,00,000 | 810 | Unsecured | None recorded | NSE | India Ratings AAA 14 Apr 2026 |
| INE202E07096 | Bond (NCD) | 8.49% | Yearly | 10 May 2013 | 10 May 2028 | ₹10,00,000 | 200 | Secured | None recorded | BSE | ICRA AAA 16 Apr 2026 |
| INE202E07260 | Bond (NCD) | 8.51% | Yearly | 3 Jan 2019 | 3 Jan 2029 | ₹10,00,000 | 275 | Secured | None recorded | — | India Ratings AAA 14 Apr 2026 |
| INE202E07278 | Bond (NCD) | 8.47% | Yearly | 17 Jan 2019 | 17 Jan 2029 | ₹10,00,000 | 590 | Secured | None recorded | — | India Ratings AAA 14 Apr 2026 |
| INE202E08045 | Subordinated NCD (Tier II) | 9.23% | Yearly | 22 Feb 2019 | 22 Feb 2029 | ₹10,00,000 | 150 | Unsecured | None recorded | — | India Ratings AAA 14 Apr 2026 |
| INE202E07120 | Bond (NCD) | 8.55% | Yearly | 13 Mar 2014 | 13 Mar 2029 | ₹1,000 | 123 | Secured | None recorded | NSE | ICRA AAA 16 Apr 2026 |
| INE202E07138 | Bond (NCD) | 8.8% | Yearly | 13 Mar 2014 | 13 Mar 2029 | ₹1,000 | 235 | Secured | None recorded | NSE | ICRA AAA 16 Apr 2026 |
| INE202E08185 | Bond (NCD) | 7.57% | Yearly | 18 Mar 2024 | 18 May 2029 | ₹1,00,000 | 447 | Unsecured | None recorded | — | India Ratings AAA 14 Apr 2026 |
| INE202E08326 | Bond (NCD) | 7.34% | Yearly | 24 Jun 2026 | 30 Jun 2029 | ₹1,00,000 | 1,500 | Unsecured | None recorded | NSE | India Ratings AAA 14 Apr 2026 |
| INE202E07286 | Bond (NCD) | 8% | Yearly | 24 Sep 2019 | 24 Sep 2029 | ₹10,00,000 | 1,000 | Secured | None recorded | — | India Ratings AAA 14 Apr 2026 |
| INE202E08243 | Bond (NCD) | 7.32% | Yearly | 4 Nov 2024 | 4 Nov 2029 | ₹1,00,000 | 1,500 | Unsecured | None recorded | NSE | India Ratings AAA 14 Apr 2026 |
| INE202E07294 | Bond (NCD) | 7.4% | Yearly | 3 Mar 2020 | 3 Mar 2030 | ₹10,00,000 | 803 | Secured | None recorded | — | India Ratings AAA 14 Apr 2026 |
| INE202E08060 | Subordinated NCD (Tier II) | 7.74% | Yearly | 8 May 2020 | 8 May 2030 | ₹10,00,000 | 500 | Unsecured | None recorded | — | India Ratings AAA 14 Apr 2026 |
| INE202E08300 | Bond (NCD) | 7% | Yearly | 6 May 2025 | 31 May 2030 | ₹1,00,000 | 1,500 | Unsecured | None recorded | NSE | India Ratings AAA 14 Apr 2026 |
| INE202E07195 | Bond (NCD) | 7.49% | Yearly | 21 Jan 2016 | 21 Jan 2031 | ₹1,000 | 884 | Secured | None recorded | BSE | India Ratings AAA 14 Apr 2026 |
| INE202E07229 | Bond (NCD) | 7.74% | Yearly | 21 Jan 2016 | 21 Jan 2031 | ₹1,000 | 484 | Secured | None recorded | BSE, NSE | India Ratings AAA 14 Apr 2026 |
| INE202E08250 | Bond (NCD) | 7.37% | Yearly | 27 Nov 2024 | 27 Nov 2031 | ₹1,00,000 | 2,000 | Unsecured | None recorded | NSE | India Ratings AAA 14 Apr 2026 |
| INE202E08094 | Bond (NCD) | 7.85% | Yearly | 27 Sep 2022 | 12 Oct 2032 | ₹10,00,000 | 1,200 | Unsecured | None recorded | — | India Ratings AAA 14 Apr 2026 |
| INE202E08102 | Bond (NCD) | 7.79% | Yearly | 7 Dec 2022 | 7 Dec 2032 | ₹10,00,000 | 515 | Unsecured | None recorded | BSE | India Ratings AAA 14 Apr 2026 |
| INE202E08128 | Bond (NCD) | 7.63% | Yearly | 11 Aug 2023 | 11 Aug 2033 | ₹1,00,000 | 1,000 | Unsecured | None recorded | — | India Ratings AAA 14 Apr 2026 |
| INE202E08136 | Bond (NCD) | 7.75% | Yearly | 12 Oct 2023 | 12 Oct 2033 | ₹1,00,000 | 683 | Unsecured | None recorded | — | India Ratings AAA 14 Apr 2026 |
| INE202E08144 | Bond (NCD) | 7.68% | Yearly | 22 Dec 2023 | 22 Dec 2033 | ₹1,00,000 | 1,000 | Unsecured | None recorded | NSE | India Ratings AAA 14 Apr 2026 |
| INE202E08169 | Bond (NCD) | 7.59% | Yearly | 23 Feb 2024 | 23 Feb 2034 | ₹1,00,000 | 1,130 | Unsecured | None recorded | BSE, NSE | India Ratings AAA 14 Apr 2026 |
| INE202E07146 | Bond (NCD) | 8.55% | Yearly | 13 Mar 2014 | 13 Mar 2034 | ₹1,000 | 38.81 | Secured | None recorded | NSE | ICRA AAA 16 Apr 2026 |
| INE202E07153 | Bond (NCD) | 8.8% | Yearly | 13 Mar 2014 | 13 Mar 2034 | ₹1,000 | 144 | Secured | None recorded | NSE | ICRA AAA 16 Apr 2026 |
| INE202E08177 | Bond (NCD) | 7.53% | Yearly | 6 Mar 2024 | 10 May 2034 | ₹1,00,000 | 1,222 | Unsecured | None recorded | — | India Ratings AAA 14 Apr 2026 |
| INE202E08201 | Bond (NCD) | 7.5% | Yearly | 5 Jun 2024 | 5 Jun 2034 | ₹1,00,000 | 1,000 | Unsecured | None recorded | — | India Ratings AAA 14 Apr 2026 |
| INE202E08193 | Bond (NCD) | 7.59% | Yearly | 26 Mar 2024 | 26 Jul 2034 | ₹1,00,000 | 1,065 | Unsecured | None recorded | — | India Ratings AAA 14 Apr 2026 |
| INE202E08219 | Bond (NCD) | 7.44% | Yearly | 25 Jun 2024 | 25 Aug 2034 | ₹1,00,000 | 1,500 | Unsecured | None recorded | NSE | India Ratings AAA 14 Apr 2026 |
| INE202E08268 | Bond (NCD) | 7.28% | Yearly | 21 Jan 2025 | 21 Jan 2035 | ₹1,00,000 | 1,330 | Unsecured | None recorded | NSE | India Ratings AAA 14 Apr 2026 |
| INE202E08292 | Subordinated NCD (Tier II) | 7.74% | Yearly | 27 Mar 2025 | 27 Mar 2035 | ₹1,00,000 | 910 | Unsecured | None recorded | NSE | India Ratings AAA 14 Apr 2026 |
| INE202E08276 | Bond (NCD) | 7.4% | Yearly | 27 Feb 2025 | 27 Feb 2036 | ₹1,00,000 | 820 | Unsecured | None recorded | NSE | India Ratings AAA 14 Apr 2026 |
| INE202E08227 | Bond (NCD) | 7.39% | Yearly | 24 Jul 2024 | 22 Jul 2039 | ₹1,00,000 | 1,090 | Unsecured | None recorded | NSE | India Ratings AAA 14 Apr 2026 |
| INE202E08235 | Bond (NCD) | 7.36% | Yearly | 10 Sep 2024 | 9 Sep 2039 | ₹1,00,000 | 1,500 | Unsecured | None recorded | NSE | India Ratings AAA 14 Apr 2026 |
| INE202E08284 | Perpetual debt | 8.4% | Yearly | 21 Mar 2025 | 21 Mar 2105 | ₹1,00,00,000 | 1,247 | Unsecured | None recorded | — | India Ratings AAA 14 Apr 2026 |
| INE202E08318 | Perpetual debt | 7.7% | Yearly | 15 Sep 2025 | 1 Jan 9999 | ₹1,00,00,000 | 453 | Unsecured | None recorded | BSE | India Ratings AAA 14 Apr 2026 |
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.
Public NCD issues
| Issuer | Opened | Coupon | Tenor | Rating | Issue size |
|---|---|---|---|---|---|
| Indian Renewable Energy Development Agency | 21 Nov 2023 | — | — | — | — |
Private placements and disclosure documents
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
- 11 Mar 1987
- Category
- Indian Renewable Energy Development Agency Limited (IREDAL), as per its credit rating report, is a wholly-owned GoI enterprise working under the administrative control of MNRE. IREDA, registered as NBFC with RBI, was formed for the purpose of promoting, developing, and financing RE and EE projects in India. REDA is an entity for the GoI that mainly finances projects in the wind, hydro, solar, and bio-energy sectors, as well as emerging areas, such as battery-powered vehicle sectors. The company, besides its own activities, implements programmes on behalf of MNRE on the basis of the MoU entered into with the said Ministry. Also, IREDA is a Fund Administrator on behalf of MNRE for the distribution of generation-based incentives and capital subsidies for the wind and solar sectors. It is an ISO 9001:2015, 27001:2013 certified company. It was incorporated in 1987 and has its registered office located in Delhi.
- Class
- https://www.ireda.in/
- Listed / unlisted
- Listed
- Registered office
- INDIA HABITAT CENTRE1ST FLOOR EAST COURT CORE 4 A LODHI ROAD NEW DELHI, 110003
- State
- Delhi
- Registrar of Companies
- Delhi
- Authorised capital
- 60000000000
- Paid-up capital
- 28092300000
- Last AGM
- 7 Aug 2025
Indian Renewable Energy Development Agency bonds: questions and answers
What bonds has Indian Renewable Energy Development Agency Limited issued?
Indian Renewable Energy Development Agency Limited has 40 outstanding bonds recorded on this page. By type, as described by NSDL: 35 bond (ncd), 3 subordinated NCD (tier ii), 2 perpetual debt. 3 further ISINs on record have passed their maturity dates and are not counted as outstanding.
What are the ISINs of Indian Renewable Energy Development Agency Limited bonds?
Its 40 outstanding bonds each have their own ISIN, for example INE202E08011, INE202E08037, INE202E07245. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE202E.
What coupon rates do Indian Renewable Energy Development Agency Limited bonds pay?
Stated coupons on its fixed-rate outstanding bonds range from 7% to 9.23% 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 Renewable Energy Development Agency Limited bonds mature?
Its outstanding bonds have maturity dates from 6 Feb 2027 to 1 Jan 9999. The bond table lists the maturity date of each ISIN.
What is the latest credit rating of Indian Renewable Energy Development Agency Limited bonds?
NSDL India Bond Info records CARE AAA (Stable) (action dated 22 Jun 2026); ICRA AAA (Stable) (action dated 16 Apr 2026); India Ratings AAA (Stable) (action dated 14 Apr 2026); Brickwork AAA (Stable) (action dated 19 Feb 2026) 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 Renewable Energy Development Agency Limited bonds secured, unsecured or guaranteed?
NSDL records 13 of the 40 outstanding bonds whose terms it holds as secured and 27 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 Renewable Energy Development Agency 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 Renewable Energy Development Agency 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
- NSDL India Bond Info: bond terms, issuer identity and ratings by ISIN
- BSE and NSE: bonds that have traded, and their exchange listings
- BSE: privately placed debt securities
- Methodology: how these pages are compiled and checked
Data as of 15 Nov 2026 (snapshot 20261115-2253). Facts on this page last changed on 5 Nov 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.
