Security Name: 7.35% Power Grid Corporation Of India Limited 12 Mar 2034
ISIN: INE752E08734
Taxable
Tax Category
12 Mar, 2034
Maturity Date
(8 Yr 1 Mo 4 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
12 Mar, 2024
Allotment Date
NA
Put Date
12 Mar, 2026
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
7.35%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
25 Feb, 2026
Record Date
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Risk gauge from Low to High Safety. Needle points near High Safety. Credit rating is AAA Stable (CARE).
| Rating agency | Rating | Needle position |
|---|---|---|
| CARE | AAA Stable | near High Safety |
| ICRA | AAA Stable | near High Safety |
| CRISIL | AAA Stable | near High Safety |
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
LIQUIDITY INDICATOR #
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Transaction Count
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Volume Traded
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Transaction Count
(since 3 months)
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Volume Traded
(since 3 months) (in Lakhs)
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ISSUER
Power Grid Corporation of India Limited is a Maharatna CPSU and India’s largest electric power transmission company. The GoI held51.34% shares of the company as on December 31, 2024. PGCIL is also executing several strategically important projects assigned to the company by the Government of India on a nomination basis. The GoI has provided guarantees for some of the loans raised by the company. As on December 31, 2024,PGCIL owned transmission lines of 1,79,594ckm and 280substations with transformation capacity of 5,52,961MVA on a consolidated basis (including subsidiaries).
The ratio in FY25 is 3.55x and it was 3.29x in FY24, indicating slight increase in the debt level due to increase in the borrowings of the issuer in FY25.
Debt/EBITDA
The ratio in FY25 is 2.59x and it was 2.76x in FY24, indicating slight decrease in the debt servicing ability of the issuer due to increase in interest expenses which led to overall increase in the finance cost.
Interest coverage ratio
Recent News
Jun 12, 2024 | Power Grid Corporation Of India Limited
Jan 14, 2025 | Power Grid Corporation Of India Limited
Aug 04, 2025 | Power Grid Corporation Of India Limited
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STEPS TO BUY THIS BOND
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
Quote Not Available for purchase
Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
