Archive · 19 Dec 2025
Tata Power raises Rs 2,000 crore via NCDs
Tata Power, a big company in India, raised a lot of money, Rs 2,000 crore, by selling special loans called NCDs.
They sold these loans to private investors.
There are two types of loans: one pays 7.05% interest for 3 years, and the other pays 7.25% interest for 5 years.
The company's stock price went up a little after this news.
They plan to list these loans on a special market for big loans.
Tata Power raised Rs 2,000 crore through the issuance of non-convertible debentures (NCDs).
The NCDs were issued in two series with different coupon rates and tenors.
Series I offers a 7.05% coupon rate for 3 years, while Series II offers 7.25% for 5 years.
The NCDs were issued to identified investors on a private placement basis.
The company's share price closed at Rs 380, up nearly 2% from the previous close.
- Who
- Tata Power
- What
- Raised Rs 2,000 crore through NCDs
- When
- December 18, 2025
- Where
- India
- Why
- To raise funds through private placement
- Amount Raised
- Rs 2,000 crore
- Number of NCDs
- 1,00,000 in each series
- Face Value per NCD
- Rs 1,00,000
- Series I Coupon Rate
- 7.05%
- Series I Tenor
- 3 years
- Series II Coupon Rate
- 7.25%
- Series II Tenor
- 5 years
- Listing Platform
- BSE’s Wholesale debt market segment