Mahanagar Telephone Nigam Limited

Mahanagar Telephone Nigam Limited is an Indian company in the telecom industry with 11 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 6.85% to 8% a year. Maturity dates run from 11 Oct 2030 to 6 Mar 2034. NSDL records 0 of the 11 whose terms it holds as secured. Latest credit ratings on record: Brickwork AAA (CE) (Stable) (action dated 7 Oct 2026); India Ratings AAA (CE) (No Outlook) (action dated 18 Aug 2026); CARE AAA (CE) (Stable) (action dated 16 Dec 2025); CRISIL AAA (CE) (No Outlook) (action dated 11 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
Mahanagar Telephone Nigam Limited
CIN
L32101DL1986GOI023501
LEI
335800WPNZ3ELJCQ3U26
Industry
Telecom
Business
Telecom - Cellular & Fixed line services
Ownership
Public Sector Undertaking (PSU)
ISIN issuer code
INE153A
Outstanding bonds (ISINs)
11
Stated coupons (fixed rate)
6.85% – 8%
Maturity dates
11 Oct 2030 – 6 Mar 2034
Secured (NSDL)
0 of 11
Combined issue size of outstanding bonds
₹24,071 crore
Traded on
BSE

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.

Mahanagar Telephone Nigam bonds: ISIN, coupon and maturity

11 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE153A08089 Bond (NCD) 7.05% Half-yearly 12 Oct 2020 11 Oct 2030 ₹10,00,000 4,361 Unsecured Guaranteed BSE CRISIL AAA (CE) 11 Sep 2024
INE153A08097 Bond (NCD) 6.85% Half-yearly 21 Dec 2020 20 Dec 2030 ₹10,00,000 2,139 Unsecured Guaranteed BSE CRISIL AAA (CE) 11 Sep 2024
INE153A08105 Bond (NCD) 8% Yearly 15 Nov 2022 15 Nov 2032 ₹10,00,000 6,110 Unsecured Guaranteed BSE India Ratings AAA (CE) 18 Aug 2026
INE153A08113 NCD 7.87% Half-yearly 1 Dec 2022 1 Dec 2032 ₹10,00,000 2,758 Unsecured None recorded — India Ratings AAA (CE) 18 Aug 2026
INE153A08121 Bond (NCD) 7.78% Yearly 10 Feb 2023 10 Feb 2033 ₹10,00,000 1,618 Unsecured Guaranteed — India Ratings AAA (CE) 18 Aug 2026
INE153A08139 Bond (NCD) 7.8% Yearly 24 Feb 2023 24 Feb 2033 ₹10,00,000 362 Unsecured Guaranteed — India Ratings AAA (CE) 18 Aug 2026
INE153A08147 Bond (NCD) 7.75% Yearly 24 Mar 2023 24 Mar 2033 ₹10,00,000 63.40 Unsecured Guaranteed — India Ratings AAA (CE) 18 Aug 2026
INE153A08154 Bond (NCD) 7.59% Yearly 20 Jul 2023 20 Jul 2033 ₹1,00,000 2,480 Unsecured Guaranteed BSE India Ratings AAA (CE) 18 Aug 2026
INE153A08162 Bond (NCD) 7.61% Yearly 24 Aug 2023 24 Aug 2033 ₹1,00,000 1,055 Unsecured Guaranteed — India Ratings AAA (CE) 18 Aug 2026
INE153A08170 Bond (NCD) 7.8% Yearly 7 Nov 2023 7 Nov 2033 ₹1,00,000 2,570 Unsecured Guaranteed — India Ratings AAA (CE) 18 Aug 2026
INE153A08188 Bond (NCD) 7.51% Yearly 6 Mar 2024 6 Mar 2034 ₹1,00,000 556 Unsecured Guaranteed — India Ratings AAA (CE) 18 Aug 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.

Mahanagar Telephone Nigam credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
Brickwork AAA (CE) Stable Upgrade 7 Oct 2026 2 Checked 7 Nov 2026
India Ratings AAA (CE) No Outlook Reaffirm 18 Aug 2026 9 Verified by NSDL · Checked 7 Nov 2026
CARE AAA (CE) Stable Reaffirm 16 Dec 2025 11 Checked 7 Nov 2026
CRISIL AAA (CE) No Outlook Reaffirm 11 Sep 2024 2 Verified by NSDL · Over 12 months old · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
7 Oct 2026 Brickwork AAA (CE) Stable Upgrade
18 Aug 2026 India Ratings AAA (CE) No Outlook Reaffirm
19 Feb 2026 India Ratings AAA (CE) No Outlook Reaffirm
18 Feb 2026 India Ratings AAA (CE) No Outlook Reaffirm
16 Dec 2025 CARE AAA (CE) Stable Reaffirm
9 Oct 2025 Brickwork AA+ (CE) No Outlook Reaffirm
20 Aug 2025 India Ratings AAA (CE) No Outlook Reaffirm
21 Feb 2025 India Ratings AAA (CE) No Outlook Reaffirm
17 Dec 2024 CARE AAA (CE) Stable Upgrade
8 Oct 2024 Brickwork AA+ (CE) No Outlook Downgrade
12 Sep 2024 Brickwork AAA (CE) Stable Reaffirm
11 Sep 2024 CRISIL AAA (CE) No Outlook Reaffirm
6 Sep 2024 CARE AA+ (CE) No Outlook Downgrade
23 Aug 2024 CARE AAA (CE) No Outlook Reaffirm
22 Aug 2024 India Ratings AAA (CE) No Outlook Reaffirm

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, CARE, India Ratings, Brickwork

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
6 Mar 2024 INE153A08188 6 Mar 2034 Placement memorandum on BSE
7 Nov 2023 INE153A08170 7 Nov 2033 Placement memorandum on BSE
24 Aug 2023 INE153A08162 24 Aug 2033 Placement memorandum on BSE
20 Jul 2023 INE153A08154 20 Jul 2033 Placement memorandum on BSE
24 Mar 2023 INE153A08147 24 Mar 2033 Placement memorandum on BSE
24 Feb 2023 INE153A08139 24 Feb 2033 Placement memorandum on BSE
10 Feb 2023 INE153A08121 10 Feb 2033 Placement memorandum on BSE
1 Dec 2022 INE153A08113 1 Dec 2032 Placement memorandum on BSE
15 Nov 2022 INE153A08105 15 Nov 2032 Placement memorandum on BSE
21 Dec 2020 INE153A08097 20 Dec 2030 Placement memorandum on BSE
12 Oct 2020 INE153A08089 11 Oct 2030 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.

Mahanagar Telephone Nigam bonds: questions and answers

What bonds has Mahanagar Telephone Nigam Limited issued?

Mahanagar Telephone Nigam Limited has 11 outstanding bonds recorded on this page. By type, as described by NSDL: 10 bond (ncd), 1 NCD.

What are the ISINs of Mahanagar Telephone Nigam Limited bonds?

Its 11 outstanding bonds each have their own ISIN, for example INE153A08089, INE153A08097, INE153A08105. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE153A.

What coupon rates do Mahanagar Telephone Nigam Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 6.85% to 8% 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 Mahanagar Telephone Nigam Limited bonds mature?

Its outstanding bonds have maturity dates from 11 Oct 2030 to 6 Mar 2034. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Mahanagar Telephone Nigam Limited bonds?

NSDL India Bond Info records Brickwork AAA (CE) (Stable) (action dated 7 Oct 2026); India Ratings AAA (CE) (No Outlook) (action dated 18 Aug 2026); CARE AAA (CE) (Stable) (action dated 16 Dec 2025); CRISIL AAA (CE) (No Outlook) (action dated 11 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 Mahanagar Telephone Nigam Limited bonds secured, unsecured or guaranteed?

NSDL records 0 of the 11 outstanding bonds whose terms it holds as secured and 11 as unsecured. 10 are 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 Mahanagar Telephone Nigam 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 Mahanagar Telephone Nigam Limited bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE, 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 12 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.

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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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