TVS Motor Company Limited

TVS Motor Company Limited is an Indian company in the auto and ancillary industry (formerly Sundaram Auto Engineers (I) Limited) with 2 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 7.28% to 7.3% a year. Maturity dates run from 17 Jul 2029 to 10 Nov 2029. NSDL records 0 of the 2 whose terms it holds as secured. Latest credit ratings on record: CARE AAA (Stable) (action dated 23 Oct 2026); India Ratings AAA (Stable) (action dated 4 Mar 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
Tvs Motor Company Limited
Formerly
Sundaram Auto Engineers (I) Limited
CIN
L35921TN1992PLC022845
LEI
335800URVL13UQEWM152
Industry
Auto and Ancillary
Business
2/3 Wheelers
ISIN issuer code
INE494B
Outstanding bonds (ISINs)
2
Stated coupons (fixed rate)
7.28% – 7.3%
Maturity dates
17 Jul 2029 – 10 Nov 2029
Secured (NSDL)
0 of 2
Combined issue size of outstanding bonds
₹1,500 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.

TVS Motor Company bonds: ISIN, coupon and maturity

2 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE494B08044 NCD 7.3% Yearly 17 Jul 2026 17 Jul 2029 ₹1,00,000 500 Unsecured None recorded NSE India Ratings AAA 4 Mar 2026
INE494B08051 NCD 7.28% Yearly 10 Aug 2026 10 Nov 2029 ₹1,00,000 1,000 Unsecured None recorded NSE CARE AAA 23 Oct 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.

TVS Motor Company credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
CARE AAA Stable Reaffirm 23 Oct 2026 1 Verified by NSDL · Checked 7 Nov 2026
India Ratings AAA Stable New 4 Mar 2026 1 Verified by NSDL · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
23 Oct 2026 CARE AAA Stable Reaffirm
23 Jul 2026 CARE AAA Stable New
4 Mar 2026 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: CARE, India Ratings

TVS Motor Company bonds: questions and answers

What bonds has TVS Motor Company Limited issued?

TVS Motor Company Limited has 2 outstanding bonds recorded on this page. By type, as described by NSDL: 2 NCDs.

What are the ISINs of TVS Motor Company Limited bonds?

Its 2 outstanding bonds each have their own ISIN, for example INE494B08044, INE494B08051. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE494B.

What coupon rates do TVS Motor Company Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 7.28% to 7.3% 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 TVS Motor Company Limited bonds mature?

Its outstanding bonds have maturity dates from 17 Jul 2029 to 10 Nov 2029. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of TVS Motor Company Limited bonds?

NSDL India Bond Info records CARE AAA (Stable) (action dated 23 Oct 2026); India Ratings AAA (Stable) (action dated 4 Mar 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 TVS Motor Company Limited bonds secured, unsecured or guaranteed?

NSDL records 0 of the 2 outstanding bonds whose terms it holds as secured and 2 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.

Is TVS Motor Company Limited the same company as Sundaram Auto Engineers (I) Limited?

Yes. TVS Motor Company Limited was formerly known as Sundaram Auto Engineers (I) Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is L35921TN1992PLC022845.

Where can investors find the original disclosure documents for TVS Motor Company 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 TVS Motor Company 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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