IndiGrid Infrastructure Trust

IndiGrid Infrastructure Trust is an Indian company in the power industry (formerly India Grid Trust) with 26 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 6.4% to 8.6% a year. 3 have floating or market-linked coupons. Maturity dates run from 24 Feb 2027 to 31 Jul 2047. NSDL records all 26 whose terms it holds as secured. Latest credit ratings on record: CRISIL AAA (Stable) (action dated 12 Aug 2026); ICRA AAA (Stable) (action dated 12 Aug 2026); India Ratings AAA (Stable) (action dated 2 Jun 2026). Verify current terms against the official documents linked on this page.

Data as of 13 Nov 2026 (snapshot 20261113-2049) · How this page is compiled

Issuer overview

Legal name
Indigrid Infrastructure Trust
Formerly
India Grid Trust
LEI
335800TGEQ4SXIIDKF52
Industry
Power
Business
Power - Transmission
Ownership
Non PSU
ISIN issuer code
INE219X
Outstanding bonds (ISINs)
26 (plus 11 matured)
Stated coupons (fixed rate)
6.4% – 8.6%
Maturity dates
24 Feb 2027 – 31 Jul 2047
Secured (NSDL)
26 of 26
Combined issue size of outstanding bonds
₹12,011 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.

IndiGrid Infrastructure Trust bonds: ISIN, coupon and maturity

26 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE219X07454 NCD 7.87% Quarterly 24 Jun 2024 24 Feb 2027 ₹1,00,000 650 Secured None recorded — CRISIL AAA 13 Jun 2024
INE219X07363 NCD 7.85% Quarterly 28 Feb 2023 28 Feb 2028 ₹1,00,000 500 Secured None recorded — India Ratings AAA 2 Jun 2026
INE219X07215 NCD 7.7% Yearly 6 May 2021 6 May 2028 ₹1,000 100 Secured None recorded NSE CRISIL AAA 19 Apr 2021
INE219X07223 NCD 7.9% Yearly 6 May 2021 6 May 2028 ₹1,000 40.91 Secured None recorded NSE CRISIL AAA 19 Apr 2021
INE219X07231 NCD 7.49% Quarterly 6 May 2021 6 May 2028 ₹1,000 0.47 Secured None recorded NSE CRISIL AAA 19 Apr 2021
INE219X07249 NCD 7.69% Quarterly 6 May 2021 6 May 2028 ₹1,000 12.03 Secured None recorded NSE CRISIL AAA 19 Apr 2021
INE219X07017 NCD 8.6% Quarterly 31 Aug 2018 31 Aug 2028 ₹10,00,000 250 Secured None recorded — CRISIL AAA 28 Aug 2018
INE219X07512 NCD 7.04% Quarterly 13 May 2025 27 Sep 2028 ₹1,00,000 300 Secured None recorded — CRISIL AAA 18 Mar 2025
INE219X07025 NCD Floating / market-linked Quarterly 14 Feb 2019 14 Feb 2029 ₹10,00,000 435 Secured None recorded — CRISIL AAA 11 Feb 2019
INE219X07447 NCD 7.88% Quarterly 20 Feb 2024 27 Apr 2029 ₹1,00,000 500 Secured None recorded — CRISIL AAA 9 Feb 2024
INE219X07439 NCD 7.88% Quarterly 20 Feb 2024 30 Apr 2029 ₹1,00,000 500 Secured None recorded — CRISIL AAA 9 Feb 2024
INE219X07538 NCD 7.01% Quarterly 20 Jun 2025 20 Jun 2029 ₹1,00,000 300 Secured None recorded — CRISIL AAA 6 Jun 2025
INE219X07520 NCD 7.07% Quarterly 20 Jun 2025 20 Jun 2030 ₹1,00,000 1,200 Secured None recorded — CRISIL AAA 6 Jun 2025
INE219X07413 NCD 7.84% Quarterly 24 Aug 2023 24 Aug 2030 ₹1,00,000 500 Secured None recorded — India Ratings AAA 2 Jun 2026
INE219X07355 NCD 7.92% Quarterly 28 Feb 2023 28 Feb 2031 ₹1,00,000 500 Secured None recorded — India Ratings AAA 2 Jun 2026
INE219X07256 NCD 7.95% Yearly 6 May 2021 6 May 2031 ₹1,000 12.65 Secured None recorded NSE CRISIL AAA 19 Apr 2021
INE219X07264 NCD 8.2% Yearly 6 May 2021 6 May 2031 ₹1,000 599 Secured None recorded BSE, NSE CRISIL AAA 19 Apr 2021
INE219X07272 NCD 7.72% Quarterly 6 May 2021 6 May 2031 ₹1,000 0.47 Secured None recorded NSE CRISIL AAA 19 Apr 2021
INE219X07280 NCD 7.97% Quarterly 6 May 2021 6 May 2031 ₹1,000 41.22 Secured None recorded NSE CRISIL AAA 19 Apr 2021
INE219X07595 NCD 7.44% Quarterly 20 Aug 2026 20 Aug 2031 ₹1,00,000 70.00 Secured None recorded — CRISIL AAA 12 Aug 2026
INE219X07504 NCD 6.4% Quarterly 30 Apr 2025 31 Mar 2034 ₹93,750 460 Secured None recorded — CRISIL AAA 18 Mar 2025
INE219X07546 NCD 7.28% Quarterly 20 Jun 2025 20 Jun 2035 ₹1,00,000 1,500 Secured None recorded — CRISIL AAA 6 Jun 2025
INE219X07603 NCD 7.44% Quarterly 20 Aug 2026 20 Aug 2036 ₹1,00,000 150 Secured None recorded — CRISIL AAA 12 Aug 2026
INE219X07389 NCD Floating / market-linked Quarterly 21 Aug 2023 31 Mar 2038 ₹82,140 1,650 Secured None recorded — CRISIL AAA 27 Jul 2023
INE219X07371 NCD Floating / market-linked Quarterly 20 Apr 2023 31 Mar 2041 ₹87,000 1,140 Secured None recorded — CRISIL AAA 6 Apr 2023
INE219X07553 NCD 7.35% Quarterly 31 Jul 2025 31 Jul 2047 ₹1,00,000 599 Secured None recorded — CRISIL AAA 6 Jun 2025
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 · Floating rate bond · Credit rating.

IndiGrid Infrastructure Trust credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
CRISIL AAA Stable New 12 Aug 2026 23 Verified by NSDL · Checked 7 Nov 2026
ICRA AAA Stable Reaffirm 12 Aug 2026 12 Checked 7 Nov 2026
India Ratings AAA Stable Reaffirm 2 Jun 2026 17 Verified by NSDL · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
12 Aug 2026 ICRA AAA Stable Reaffirm
12 Aug 2026 CRISIL AAA Stable New
2 Jun 2026 India Ratings AAA Stable Reaffirm
27 May 2026 ICRA AAA Stable Reaffirm
6 Jun 2025 CRISIL AAA Stable New
3 Jun 2025 India Ratings AAA Stable Reaffirm
3 Jun 2025 ICRA AAA Stable Reaffirm
18 Mar 2025 ICRA AAA Stable Reaffirm
18 Mar 2025 CRISIL AAA Stable New
20 Jan 2025 India Ratings AAA Stable Reaffirm
15 Nov 2024 ICRA AAA Stable Reaffirm
10 Oct 2024 India Ratings AAA Stable Reaffirm
11 Sep 2024 ICRA AAA Stable Reaffirm
30 Aug 2024 India Ratings AAA Stable Reaffirm
14 Jun 2024 India Ratings 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
20 Aug 2026 INE219X07595 20 Aug 2031 Placement memorandum on BSE
20 Aug 2026 INE219X07603 20 Aug 2036 Placement memorandum on BSE
31 Jul 2025 INE219X07553 31 Jul 2047 Placement memorandum on BSE
20 Jun 2025 INE219X07546 20 Jun 2035 Placement memorandum on BSE
20 Jun 2025 INE219X07520 20 Jun 2030 Placement memorandum on BSE
20 Jun 2025 INE219X07538 20 Jun 2029 Placement memorandum on BSE
13 May 2025 INE219X07512 27 Sep 2028 Placement memorandum on BSE
30 Apr 2025 INE219X07504 31 Mar 2034 Placement memorandum on BSE
24 Jun 2024 INE219X07454 24 Feb 2027 Placement memorandum on BSE
20 Feb 2024 INE219X07447 27 Apr 2029 Placement memorandum on BSE
20 Feb 2024 INE219X07439 30 Apr 2029 Placement memorandum on BSE
24 Aug 2023 INE219X07397 29 Aug 2024 Placement memorandum on BSE
24 Aug 2023 INE219X07413 24 Aug 2030 Placement memorandum on BSE
24 Aug 2023 INE219X07405 26 Aug 2024 Placement memorandum on BSE
21 Aug 2023 INE219X07389 31 Mar 2038 Placement memorandum on BSE
20 Apr 2023 INE219X07371 31 Mar 2041 Placement memorandum on BSE
28 Feb 2023 INE219X07355 28 Feb 2031 Placement memorandum on BSE
28 Feb 2023 INE219X07363 28 Feb 2028 Placement memorandum on BSE
26 Jul 2022 INE219X07348 5 Aug 2025 Placement memorandum on BSE
7 Feb 2022 INE219X07314 7 Apr 2025 Placement memorandum on BSE
10 Jul 2020 INE219X07090 14 Jun 2023 Placement memorandum on BSE
15 Jun 2020 INE219X07090 14 Jun 2023 Placement memorandum on BSE
15 Jun 2020 INE219X07082 15 Mar 2022 Placement memorandum on BSE
13 Mar 2020 INE219X07074 24 Jan 2024 Placement memorandum on BSE
27 Jan 2020 INE219X07074 24 Jan 2024 Placement memorandum on BSE
2 Aug 2019 INE219X07066 2 Nov 2022 Placement memorandum on BSE
29 Jul 2019 INE219X07058 29 Jul 2024 Placement memorandum on BSE
5 Jul 2019 INE219X07041 4 Jan 2023 Placement memorandum on BSE
4 Jun 2019 INE219X07033 3 Jun 2022 Placement memorandum on BSE
14 Feb 2019 INE219X07025 14 Feb 2029 Placement memorandum on BSE
31 Aug 2018 INE219X07017 31 Aug 2028 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

Class
https://www.indigrid.co.in/
Registered office
Unit No. 101, First Floor, Windsor, Village KoleKalyan, off CST Road, Vidyanagari Marg, Kalina, Santacruz (East), Mumbai, 400098
State
Maharashtra

IndiGrid Infrastructure Trust bonds: questions and answers

What bonds has IndiGrid Infrastructure Trust issued?

IndiGrid Infrastructure Trust has 26 outstanding bonds recorded on this page. By type, as described by NSDL: 26 NCDs. 11 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of IndiGrid Infrastructure Trust bonds?

Its 26 outstanding bonds each have their own ISIN, for example INE219X07454, INE219X07363, INE219X07215. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE219X.

What coupon rates do IndiGrid Infrastructure Trust bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 6.4% to 8.6% a year on face value. 3 bonds have floating or market-linked coupons. 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 IndiGrid Infrastructure Trust bonds mature?

Its outstanding bonds have maturity dates from 24 Feb 2027 to 31 Jul 2047. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of IndiGrid Infrastructure Trust bonds?

NSDL India Bond Info records CRISIL AAA (Stable) (action dated 12 Aug 2026); ICRA AAA (Stable) (action dated 12 Aug 2026); India Ratings AAA (Stable) (action dated 2 Jun 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 IndiGrid Infrastructure Trust bonds secured, unsecured or guaranteed?

NSDL records all 26 outstanding bonds whose terms it holds as secured. 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.

Is IndiGrid Infrastructure Trust the same company as India Grid Trust?

Yes. IndiGrid Infrastructure Trust was formerly known as India Grid Trust; bonds issued under the earlier name are obligations of the same company.

Where can investors find the original disclosure documents for IndiGrid Infrastructure Trust 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 IndiGrid Infrastructure Trust 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 13 Nov 2026 (snapshot 20261113-2049). 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.

Advertisement
Bond Interpretation
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.

Popular Categories