Bonds/ Debentures

Torrent Power has raised Rs 20 billion through the private placement of secured, non-convertible debentures (NCDs). The issue comprises 200,000 NCDs, each with a face value of Rs 100,000 and a coupon rate of 7.97 […]

Power Finance Corporation Limited (PFC) has filed a prospectus to raise up to Rs 50 billion through the first tranche of a public issue of secured non-convertible debentures (NCDs). The tranche has a base issue […]

The board of Adani Enterprises has approved the issuance of non-convertible debentures (NCDs) aggregating Rs 10 billion. The issue will comprise a base size of Rs 5 billion with a green shoe option of an […]

Aegis Vopak Terminals has raised Rs 10.3 billion through the issuance of NCDs. The funds were raised through a private placement. The company allotted 1,03,000 redeemable, senior, rated, listed, secured, taxable non-convertible debentures through private […]

Brookfield India Real Estate Trust has raised Rs 20 billion through the issuance of sustainability-linked bonds (SLBs), with the International Finance Corporation (IFC) acting as the anchor investor. The bonds carry a coupon of 7.06 […]

Vodafone Idea Limited (Vi) announced that its subsidiary, Vodafone Idea Telecom Infrastructure Limited (VITIL), has raised Rs 33 billion via the issuance of secured non-convertible debentures (NCDs). According to Vi in a regulatory filing, the […]

Mufin Green Finance Limited has raised Rs 900 million through a private placement of non-convertible debentures (NCD) that are secure, rated, and listed. The funds will be used to scale the company’s rooftop and commercial […]

Surat Municipal Corporation (SMC) has listed its green municipal bonds worth Rs 2 billion on the National Stock Exchange (NSE). The proceeds from the issue will be utilised for the projects focused on clean energy […]

Over Rs 100 billion worth of insurance surety bonds (ISBs) have been issued by insurance companies for contracts with the National Highways Authority of India (NHAI). For NHAI contracts, 12 insurance companies have given about […]

The Indian Renewable Energy Development Agency (IREDA) has raised Rs 4.53 billion through its second issue of perpetual bonds at a rate of 7.70 per cent per annum. The issue received bids worth Rs 13.43 […]

Mindspace Business Parks, a real estate investment trust (REIT), has raised Rs 5.5 billion through sustainability-linked bonds (SLBs) from the International Finance Corporation (IFC). This is the first SLB issuance by a REIT since the […]

Bangalore International Airport Limited (BIAL) has raised Rs 90 billion through India’s largest unlisted private placement of non-convertible debentures (NCDs) in the airports sector. The deal is being executed in two tranches, with Rs 43.62 […]

GreenCell Mobility and its subsidiary, GreenCell Express, are raising Rs 8.74 billion ($100 million) from the International Finance Corporation (IFC) through non-convertible debentures (NCDs). The funding will be undertaken through two separate investments. Under the […]

The Gandhinagar Municipal Corporation (GMC) has listed its muni­cipal bonds worth Rs 250 million on the NSE. The bond issuance was met with strong investor interest, being oversubscribed nine times, with bids totalling Rs 2.25 […]

Larsen & Toubro (L&T) has raised Rs 5 billion through the issuance of India’s first environmental, social and governance (ESG) bonds. The funds were mobilised through non-convertible debentures at a coupon rate of 6.35 per […]

NTPC Limited has raised Rs 40 billion through the private placement of unsecured, non-convertible debentures. The debentures will carry a coupon rate of 6.89 per cent per annum and have a tenor of 10 years […]

The Greater Chennai Corporation (GCC) is planning to raise Rs 2.06 billion through green municipal bonds. The proceeds of these funds will be utilised for financing the biomining project at the Kodungaiyur dumpyard. The total […]

Vertis Infrastructure Trust, formerly Highways Infrastructure Trust (HIT), has raised Rs 9 billion through sustainability-linked bonds (SLBs). This marks the largest issuance of SLBs by an InvIT in India. The proceeds will be utilised to […]

The Ministry of Finance, through the Central Board of Direct Taxes, has notified that bonds issued by Indian Renewable Energy Development Agency Limited (IREDA) will qualify as ‘long-term specified assets’ under section 54EC of the […]

The Pimpri Chinchwad Municipal Corporation (PCMC) has raised Rs 2 billion through green municipal bonds. The issue was oversubscribed 5.1 times. The base size of the issue was Rs 1 billion. The proceeds from the […]