
Security Name: 7.39% National Highways Authority Of India (Tax Free) 09 Mar 2031
ISIN: INE906B07EO8
Tax Free
Tax Category
09 Mar, 2031
Maturity Date
(5 Yr 6 Mo 14 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
09 Mar, 2016
Allotment Date
NA
Put Date
01 Oct, 2025
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
IPO
Mode of Issue
Listed
Listing Details
Public Sector Undertaking
Type of Issuer
₹NaN
Dirty Price
7.39%
Coupon
Fixed Interest
Coupon Basis
6.6834%
Current Yield
16 Sep, 2025
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
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER

National Highways Authority Of India
NHAI is an autonomous authority constituted by an Act of Parliament, the National Highways Authority of India Act, 1988. It operates under the MoRTH and is responsible for the development, maintenance, and management of the national highways in India. The authority was operationalized in February 1995. NHAI is entrusted with the responsibility of implementing NHDP, Bramalea Pariyojana and other programs approved by the GoI such as SARDP-NE and special projects across various states.
The ratio in FY24 is -440.91x and it was -496.15x in FY23 . Ratio is negative because of huge losses and slightly improved from the previous year because of decrease in finance cost.
Debt/EBITDA
The interest coverage ratio in FY24 is -4213x as compared to -639.16x in FY23, indicating the ratio is negative because of huge losses and slightly improved from the previous year because of decrease in finance cost.
Interest coverage ratio
Recent News

ARCs to witness recovery from stressed roads rising by 700-1000 bps this fiscal, says CRISIL
Nov 26, 2024 | National Highways Authority Of India

NHAI Targets Rs 540 Billion Through Highway Monetisation.
Jan 16, 2025 | National Highways Authority Of India

Adani Wins NHAI's TOT Project with a Rs 16.92 Billion Bid
Jan 17, 2025 | National Highways Authority Of India
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.
Clean Price
Yield (YTM)

Principal Amount
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BOND VALUE DETAILS
Face Value
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Stamp Duty
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Total Investment
Cashflow for INE906B07EO8 |
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Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
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Security Name |
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7.39% National Highways Authority Of India (Tax Free) 09 Mar 2031 |
Credit Rating |
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AAA Stable by CARE AAA Stable by ICRA AAA Stable by IND AAA Stable by CRISIL |
Coupon Frequency |
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Yearly |
Face Value |
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₹1,000 |
Coupon |
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7.390000% |
YTM or YTC |
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YTM |
Maturity Date |
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09/03/2031 |
Security |
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Senior Secured |
No. of Bonds |
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1 |
Settlement Date |
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Aug 26,2025 |
Principal Amount |
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₹1,105.73 |
Accrued Interest |
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₹0 |
Stamp Duty |
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₹0 |
Total Amount Payable |
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₹1,105.73 |
Price |
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₹110.5727 |
Yield |
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0% |
Year | Payment Date | Amount | Payout Type |
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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.
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