U.p. Power Corporation Limited

U.p. Power Corporation Limited is an Indian company in the power industry with 14 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 9.7% to 9.95% a year. Maturity dates run from 31 Mar 2027 to 22 Mar 2032. NSDL records 13 of the 14 whose terms it holds as secured. Latest credit ratings on record: Brickwork AA- (CE) (Stable) (action dated 21 Sep 2026); India Ratings A+ (CE) (Stable) (action dated 19 Jun 2026); CRISIL A+ (CE) (Stable) (action dated 12 Sep 2022). Verify current terms against the official documents linked on this page.

Data as of 14 Nov 2026 (snapshot 20261114-2051) · How this page is compiled

Issuer overview

Legal name
U.p. Power Corporation Limited
CIN
U32201UP1999SGC024928
LEI
335800VK98V8LR9KTM12
Industry
Power
Business
Electric Utilities
Ownership
Public Sector Undertaking (PSU)
ISIN issuer code
INE540P
Outstanding bonds (ISINs)
14 (plus 4 matured)
Stated coupons (fixed rate)
9.7% – 9.95%
Maturity dates
31 Mar 2027 – 22 Mar 2032
Secured (NSDL)
13 of 14
Combined issue size of outstanding bonds
₹11,485 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.

U.p. Power Corporation bonds: ISIN, coupon and maturity

14 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE540P07384 Bond (NCD) 9.7% Quarterly 30 Mar 2022 31 Mar 2027 ₹10,00,000 494 Secured Guaranteed BSE CRISIL A+ (CE) 1 Apr 2022
INE540P07467 Bond (NCD) 9.95% Quarterly 7 Oct 2022 31 Mar 2027 ₹10,00,000 436 Secured None recorded — CRISIL A+ (CE) 12 Sep 2022
INE540P07269 Bond (NCD) 9.75% Quarterly 5 Dec 2017 20 Oct 2027 ₹10,00,000 529 Secured Guaranteed BSE Brickwork AA- (CE) 21 Sep 2026
INE540P07392 Bond (NCD) 9.7% Quarterly 30 Mar 2022 31 Mar 2028 ₹10,00,000 494 Secured Guaranteed BSE CRISIL A+ (CE) 1 Apr 2022
INE540P07475 Bond (NCD) 9.95% Quarterly 7 Oct 2022 31 Mar 2028 ₹10,00,000 436 Secured Guaranteed BSE CRISIL A+ (CE) 12 Sep 2022
INE540P07400 Bond (NCD) 9.7% Quarterly 30 Mar 2022 30 Mar 2029 ₹10,00,000 494 Secured Guaranteed BSE CRISIL A+ (CE) 1 Apr 2022
INE540P07483 Bond (NCD) 9.95% Quarterly 7 Oct 2022 30 Mar 2029 ₹10,00,000 436 Secured None recorded BSE CRISIL A+ (CE) 12 Sep 2022
INE540P07418 Bond (NCD) 9.7% Quarterly 30 Mar 2022 29 Mar 2030 ₹10,00,000 494 Secured Guaranteed BSE CRISIL A+ (CE) 1 Apr 2022
INE540P07491 Bond (NCD) 9.95% Quarterly 7 Oct 2022 29 Mar 2030 ₹10,00,000 436 Secured Guaranteed — CRISIL A+ (CE) 12 Sep 2022
INE540P07426 Bond (NCD) 9.7% Quarterly 30 Mar 2022 31 Mar 2031 ₹10,00,000 494 Secured Guaranteed BSE CRISIL A+ (CE) 1 Apr 2022
INE540P07509 Bond (NCD) 9.95% Quarterly 7 Oct 2022 31 Mar 2031 ₹10,00,000 436 Secured None recorded — CRISIL A+ (CE) 12 Sep 2022
INE540P08028 Bond (NCD) 9.7% Half-yearly 4 Jul 2016 4 Jul 2031 ₹55,000 5,377 Unsecured Guaranteed BSE Unrated
INE540P07517 Bond (NCD) 9.95% Quarterly 7 Oct 2022 22 Mar 2032 ₹10,00,000 436 Secured None recorded BSE CRISIL A+ (CE) 12 Sep 2022
INE540P07434 Bond (NCD) 9.7% Quarterly 30 Mar 2022 22 Mar 2032 ₹10,00,000 494 Secured Guaranteed — CRISIL A+ (CE) 1 Apr 2022
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.

U.p. Power Corporation credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
Brickwork AA- (CE) Stable Reaffirm 21 Sep 2026 1 Verified by NSDL · Checked 7 Nov 2026
India Ratings A+ (CE) Stable Reaffirm 19 Jun 2026 13 Checked 7 Nov 2026
CRISIL A+ (CE) Stable New 12 Sep 2022 13 Verified by NSDL · Over 12 months old · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
21 Sep 2026 Brickwork AA- (CE) Stable Reaffirm
19 Jun 2026 India Ratings A+ (CE) Stable Reaffirm
22 Sep 2025 Brickwork AA- (CE) Stable Reaffirm
20 Jun 2025 India Ratings A+ (CE) Stable Reaffirm
24 Sep 2024 Brickwork AA- (CE) Stable Reaffirm
21 Jun 2024 India Ratings A+ (CE) Stable Reaffirm
20 Nov 2023 India Ratings A+ (CE) Stable Reaffirm
11 Oct 2023 India Ratings A+ (CE) Stable Reaffirm
25 Sep 2023 Brickwork AA- (CE) Stable Reaffirm
21 Aug 2023 India Ratings A+ (CE) Stable Reaffirm
12 Oct 2022 India Ratings A+ (CE) Stable Reaffirm
12 Sep 2022 CRISIL A+ (CE) Stable New
12 Sep 2022 CRISIL A+ (CE) — New
27 May 2022 India Ratings A+ (CE) Stable New
1 Apr 2022 CRISIL A+ (CE) 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, Brickwork

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
7 Oct 2022 INE540P07442 31 Mar 2025 Placement memorandum on BSE
7 Oct 2022 INE540P07459 31 Mar 2026 Placement memorandum on BSE
7 Oct 2022 INE540P07467 31 Mar 2027 Placement memorandum on BSE
7 Oct 2022 INE540P07475 31 Mar 2028 Placement memorandum on BSE
7 Oct 2022 INE540P07483 30 Mar 2029 Placement memorandum on BSE
7 Oct 2022 INE540P07491 29 Mar 2030 Placement memorandum on BSE
7 Oct 2022 INE540P07509 31 Mar 2031 Placement memorandum on BSE
7 Oct 2022 INE540P07517 22 Mar 2032 Placement memorandum on BSE
30 Mar 2022 INE540P07434 22 Mar 2032 Placement memorandum on BSE
30 Mar 2022 INE540P07368 31 Mar 2025 Placement memorandum on BSE
30 Mar 2022 INE540P07376 30 Mar 2026 Placement memorandum on BSE
30 Mar 2022 INE540P07384 31 Mar 2027 Placement memorandum on BSE
30 Mar 2022 INE540P07392 31 Mar 2028 Placement memorandum on BSE
30 Mar 2022 INE540P07400 30 Mar 2029 Placement memorandum on BSE
30 Mar 2022 INE540P07418 29 Mar 2030 Placement memorandum on BSE
30 Mar 2022 INE540P07426 31 Mar 2031 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.

U.p. Power Corporation bonds: questions and answers

What bonds has U.p. Power Corporation Limited issued?

U.p. Power Corporation Limited has 14 outstanding bonds recorded on this page. By type, as described by NSDL: 14 bond (ncd). 4 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of U.p. Power Corporation Limited bonds?

Its 14 outstanding bonds each have their own ISIN, for example INE540P07384, INE540P07467, INE540P07269. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE540P.

What coupon rates do U.p. Power Corporation Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 9.7% to 9.95% 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 U.p. Power Corporation Limited bonds mature?

Its outstanding bonds have maturity dates from 31 Mar 2027 to 22 Mar 2032. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of U.p. Power Corporation Limited bonds?

NSDL India Bond Info records Brickwork AA- (CE) (Stable) (action dated 21 Sep 2026); India Ratings A+ (CE) (Stable) (action dated 19 Jun 2026); CRISIL A+ (CE) (Stable) (action dated 12 Sep 2022) 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 U.p. Power Corporation Limited bonds secured, unsecured or guaranteed?

NSDL records 13 of the 14 outstanding bonds whose terms it holds as secured and 1 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 U.p. Power Corporation 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 U.p. Power Corporation 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 14 Nov 2026 (snapshot 20261114-2051). Facts on this page last changed on 13 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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