Torrent Power Limited

Torrent Power Limited is an Indian company in the power industry (formerly Torrent Power Trading PVT. Limited) with 13 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 7.97% to 8.4% a year. Maturity dates run from 18 Jan 2027 to 24 Jun 2036. NSDL records all 13 whose terms it holds as secured. Latest credit ratings on record: India Ratings AA+ (Stable) (action dated 23 Oct 2026); CRISIL AA+ (Stable) (action dated 23 Apr 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
Torrent Power Limited
Formerly
Torrent Power Trading PVT. Limited
CIN
L31200GJ2004PLC044068
LEI
335800DJYYJQGAH3OX89
Industry
Power
Business
Electric Utilities
Ownership
Non PSU
ISIN issuer code
INE813H
Outstanding bonds (ISINs)
13
Stated coupons (fixed rate)
7.97% – 8.4%
Maturity dates
18 Jan 2027 – 24 Jun 2036
Secured (NSDL)
13 of 13
Combined issue size of outstanding bonds
₹6,900 crore
Traded on
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.

Torrent Power bonds: ISIN, coupon and maturity

13 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE813H07341 NCD 8.4% Yearly 18 Jan 2024 18 Jan 2027 ₹1,00,000 175 Secured None recorded NSE CRISIL AA+ 27 Dec 2023
INE813H07382 NCD 8.32% Yearly 28 Feb 2024 28 Feb 2027 ₹1,00,000 175 Secured None recorded NSE CRISIL AA+ 7 Feb 2024
INE813H07333 NCD 8.4% Yearly 18 Jan 2024 18 Jan 2028 ₹1,00,000 200 Secured None recorded NSE CRISIL AA+ 27 Dec 2023
INE813H07374 NCD 8.32% Yearly 28 Feb 2024 28 Feb 2028 ₹1,00,000 175 Secured None recorded NSE CRISIL AA+ 7 Feb 2024
INE813H07325 NCD 8.4% Yearly 18 Jan 2024 18 Jan 2029 ₹1,00,000 200 Secured None recorded NSE CRISIL AA+ 27 Dec 2023
INE813H07366 NCD 8.32% Yearly 28 Feb 2024 28 Feb 2029 ₹1,00,000 175 Secured None recorded NSE CRISIL AA+ 7 Feb 2024
INE813H07432 NCD 8.1% Yearly 24 Jun 2026 24 Jun 2029 ₹1,00,000 750 Secured None recorded NSE CRISIL AA+ 23 Apr 2026
INE813H07440 NCD 8.15% Yearly 24 Jun 2026 24 Jun 2031 ₹1,00,000 1,000 Secured None recorded NSE CRISIL AA+ 23 Apr 2026
INE813H07465 NCD 8.2% Yearly 24 Jun 2026 24 Jun 2033 ₹1,00,000 1,000 Secured None recorded NSE CRISIL AA+ 23 Apr 2026
INE813H07424 NCD 7.97% Yearly 9 Mar 2026 9 Mar 2034 ₹1,00,000 680 Secured None recorded NSE CRISIL AA+ 24 Feb 2026
INE813H07408 NCD 7.97% Yearly 9 Mar 2026 9 Mar 2035 ₹1,00,000 675 Secured None recorded NSE CRISIL AA+ 24 Feb 2026
INE813H07416 NCD 7.97% Yearly 9 Mar 2026 9 Mar 2036 ₹1,00,000 645 Secured None recorded NSE CRISIL AA+ 24 Feb 2026
INE813H07457 NCD 8.2% Yearly 24 Jun 2026 24 Jun 2036 ₹1,00,000 1,050 Secured None recorded NSE CRISIL AA+ 23 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.

Torrent Power 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 AA+ Stable Reaffirm 23 Oct 2026 13 Checked 7 Nov 2026
CRISIL AA+ Stable New 23 Apr 2026 13 Verified by NSDL · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
23 Oct 2026 India Ratings AA+ Stable Reaffirm
23 Apr 2026 CRISIL AA+ Stable New
16 Apr 2026 India Ratings AA+ Stable Reaffirm
24 Feb 2026 CRISIL AA+ Stable New
4 Feb 2026 India Ratings AA+ Stable Reaffirm
5 Feb 2025 India Ratings AA+ Stable Reaffirm
7 Feb 2024 CRISIL AA+ Stable New
6 Feb 2024 India Ratings AA+ Stable Reaffirm
29 Dec 2023 India Ratings AA+ Stable New
27 Dec 2023 CRISIL AA+ 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, India Ratings

Torrent Power bonds: questions and answers

What bonds has Torrent Power Limited issued?

Torrent Power Limited has 13 outstanding bonds recorded on this page. By type, as described by NSDL: 13 NCDs.

What are the ISINs of Torrent Power Limited bonds?

Its 13 outstanding bonds each have their own ISIN, for example INE813H07341, INE813H07382, INE813H07333. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE813H.

What coupon rates do Torrent Power Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 7.97% to 8.4% 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 Torrent Power Limited bonds mature?

Its outstanding bonds have maturity dates from 18 Jan 2027 to 24 Jun 2036. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Torrent Power Limited bonds?

NSDL India Bond Info records India Ratings AA+ (Stable) (action dated 23 Oct 2026); CRISIL AA+ (Stable) (action dated 23 Apr 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 Torrent Power Limited bonds secured, unsecured or guaranteed?

NSDL records all 13 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 Torrent Power Limited the same company as Torrent Power Trading PVT. Limited?

Yes. Torrent Power Limited was formerly known as Torrent Power Trading PVT. Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is L31200GJ2004PLC044068.

Where can investors find the original disclosure documents for Torrent Power 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.

How can investors check the current market price or yield of Torrent Power Limited bonds?

This page does not show prices or yields. Trades in these bonds are reported on 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 3 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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