Header BG

Security Name: 8.80% Indian Renewable Energy Development Agency Limited (Tax Free) 13 Mar 2034

Copy icon
ISIN:
INE202E07153
Copy icon

card-bg

Tax Free

Tax Category

card-bg

13 Mar, 2034

Maturity Date
(8 Yr 9 Mo 5 D to mature)

card-bg

Yearly

Interest Payment Frequency

card-bg

Yes

NRI Eligibility

card-bg

13 Mar, 2014

Allotment Date

card-bg

NA

Put Date

card-bg

13 Mar, 2026

Next Interest Payment Date

card-bg

15 days

Shut Period

card-bg

Both

Active on NSDL/CDSL

card-bg

Non-Guaranteed

Type of Guarantee

card-bg

No

Perpetual

card-bg

IPO

Mode of Issue

card-bg

Listed

Listing Details

card-bg

Public Sector Undertaking

Type of Issuer

card-bg

₹NaN

Dirty Price

card-bg

8.8%

Coupon

card-bg

Fixed Interest

Coupon Basis

card-bg

7.0425%

Current Yield

card-bg

26 Feb, 2026

Record Date

YOUR EARNING

gray-flag icon
Your Investment

green-flag icon
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
Credit Rating
Low SafetyHigh Safety
AAA Stable
BWR
AAA Stable
CARE
AAA Stable
ICRA
Senior

Repayment Priority

Higher the level, higher the priority of investment repayment on default

Secured

Security with Collateral?

An investment secured with collateral helps

ISSUER
logo
Indian Renewable Energy Development Agency Limited

Indian Renewable Energy Development Agency Limited (IREDA) is a Mini Ratna Government of India Enterprise under the administrative control of Ministry of New and Renewable Energy (MNRE). IREDA is a Public Limited Government Company established as a Non-Banking Financial Institution in 1987 engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation with the motto: “ENERGY FOR EVER”

The ratio in FY24 is 10.05x and it was 12.15x in FY23, indicating decreased debt level due to increase in the profitability of the issuer in FY24.

Info icon

Debt/EBITDA

The ratio in FY24 is 1.53x and it was 1.55x in FY23, indicating issuers decrease ability to service its debt, due to increase in Interest on Borrowings and Interest on Debt Securities which led to overall increase in the finance cost in FY24.

Info icon

Interest coverage ratio

Recent News
News Thumbnail
IREDA Celebrates Its Legacy On Public Sector Day

Apr 15, 2024 | Indian Renewable Energy Development Agency Limited

News Thumbnail
IREDA Outperforms Sector and Sensex with 5.09% Gain

Nov 28, 2024 | Indian Renewable Energy Development Agency Limited

News Thumbnail
IREDA finalises JV with SJVN, GMR Energy, NEP for 900 MW hydropower project in Nepal

Jan 17, 2025 | Indian Renewable Energy Development Agency Limited

Related Videos
Video ThumbnailPlay Button
Sustainable Bonds

Beyond Profit: How Sustainable Bonds Drive Positive Change in Investments

Video ThumbnailPlay Button
Bonds vs Debentures

Fixed-Income Faceoff: Bonds vs. Debentures - Which is Right for You?

STEPS TO BUY THIS BOND
Complete KYCe-KYC approval in just 5 minutes!Place your OrderSwipe right to buy this Bond.Transfer funds to ICCLUse Net Banking or visit your nearest branch.SettlementSit back and relax, while we deliver your Security!
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
At MaturityThe Issuer will return your principal and redeem the bond
Sell your bond anytimeYou can sell your bond anytime you want by reaching out to your Relationship Manager.
E-Book
To know more about the Bond and the issuer, send a request for the Information Memorandum. You will receive an email shortly.
E-Book
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
Clean Price
Yield (YTM)
Header BG
Principal Amount
Accrued Interest from

Select the number of units below

BOND VALUE DETAILS

Face Value
Market Value
Stamp Duty
Select a Settlement Date:
Total Investment
Cashflow for INE202E07153
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).
Security Name
8.80% Indian Renewable Energy Development Agency Limited (Tax Free) 13 Mar 2034
Credit Rating
AAA Stable by BWR
AAA Stable by CARE
AAA Stable by ICRA
Coupon Frequency
Yearly
Face Value
₹1,000
Coupon
8.800000%
YTM or YTC
YTM
Maturity Date
13/03/2034
Security
Senior Secured
No. of Bonds
1
Settlement Date
Jun 10,2025
Principal Amount
₹1,249.56
Accrued Interest
₹0
Stamp Duty
₹0
Total Amount Payable
₹1,249.56
Price
₹124.9555
Yield
0%
YearPayment DateAmountPayout Type

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.

similar bonds
Bond Logo
9.65% Adani Enterprises Limited 12 Sep 2027
12 Sep, 2027
Maturity Date
₹1,00,000
Minimum Qty
INE423A07328
Launch Icon
ISIN
Yearly
IP Frequency
9.6052%
Yield
₹100
Price
CAREA+ Stable
Bond Logo
7.25% Indian Oil Corporation Limited 06 Jan 2030
06 Jan, 2030
Maturity Date
₹2,00,000
Minimum Qty
INE242A08569
Launch Icon
ISIN
Yearly
IP Frequency
6.7213%
Yield
₹101.9563
Price
INDAAA Stable
Bond Logo
10.65% Sammaan Capital Limited 05 Jun 2027
05 Jun, 2027
Maturity Date
₹1,00,000
Minimum Qty
INE894F08087
Launch Icon
ISIN
Yearly
IP Frequency
12.5%
Yield
₹96.8959
Price
CAREAA+ Stable
Bond Logo
10.25% IIFL Finance Limited 21 Apr 2030
21 Apr, 2030
Maturity Date
₹1,00,000
Minimum Qty
INE530B07492
Launch Icon
ISIN
Yearly
IP Frequency
9.7%
Yield
₹101.9859
Price
CRISILAA / Stable
Bond Logo
9.25% Motilal Oswal Financial Services Limited 03 Sep 2032
03 Sep, 2032
Maturity Date
₹1,00,000
Minimum Qty
INE338I07172
Launch Icon
ISIN
Yearly
IP Frequency
8.85%
Yield
₹101.9684
Price
ICRAAA / Positive

Still looking for assistance?