Torrent Power has raised Rs 3,800 crore through Non-Convertible Debentures (NCDs). The company has allotted Series 15 - 3,80,000 Secured, Rated, Listed, Taxable, Non-Cumulative, Redeemable, NCDs, having face value of Rs 1,00,000 each, in Tranches A, B, C D on private placement basis. The company has allotted 75000 NCDs (Tranche A) carrying coupon rate of 8.10% per annum and tenure of 3 years. It has allotted 100000 NCDs (Tranche B) carrying coupon rate of 8.15% per annum and tenure of 5 years.
Further, the company has allotted 100000 NCDs (Tranche C) carrying coupon rate of 8.20% per annum and tenure of 7 years. Also, the company has allotted 105000 NCDs (Tranche D) carrying coupon rate of 8.20% per annum and tenure of 10 years. The Date of Allotment for all NCDs is June 24, 2026.
Torrent Power is an integrated utility engaged in the business of power generation, transmission and distribution with operations in the states of Gujarat, Maharashtra and Uttar Pradesh.
| Company Name | CMP |
|---|---|
| NTPC | 352.15 |
| Tata Power | 389.05 |
| Power Grid Corpn. | 283.95 |
| Adani Power | 229.25 |
| Torrent Power | 1412.40 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: