You can sell this Bond anytimeThis Bond can be sold directly, anytime before maturity, at the current price. The amount will be credited in 2 days, in your demat linked bank account.
Exit load of 0.25% (on YTM) applies for sell orders
YTM
10.50%
Tenure left
35 months
Interest payout
Quarterly
Principal payout
Bullet
Yield to Maturity (YTM)YTM defines the annual return a bond offers if held to maturity. It assumes all payouts received get reinvested at the same rate until maturity.
YTM is XIRR of bonds.
Principal is returned in bullet instalments
The Principal is returned in bullet instalments for this Bond, so you receive a portion of your invested amount back regularly.
As principal is returned, interest is earned on the outstanding principal.
Bond details
Minimum investment₹9,839.13
Date of maturity07 Oct 2029
ISININE0D8F07055
Bond typeSenior Secured
Rating
AA-
What does rating mean?
Rating
The rating of an issuer company reflects its past growth and performance. The rating increases when the company consistently performs well and decreases when it is not performing well.
Categories
Low risk:
AAA, AA+, AA, AA-, A+, A, A-
Moderate risk
BBB+, BBB, BBB-, BB+, BB
High risk
BB-, B+, B, B-, C, D
The rating agency for this Bond is CRISIL RATINGS LIMITED.
Calculate your returns
You invest₹00 unit
You get₹0
Interest +₹0
Payout Schedule
Maturing on 07 Oct '29 • Quarterly payout
About
OPG Power Generation Private Limited (OPGPL) was established as a special-purpose vehicle by the Isle of Man-based OPG Power Ventures Plc (OPGPV) to set up and operate captive power plants in India. The company operates four thermal power plants in Gummidipundi near Chennai, possessing an aggregate capacity of 414 MW. These facilities were commissioned in phases between April 2010 and May 2015, featuring boilers designed to operate on a multiple variety and origin of both imported and domestic coal.;
Pros and Cons
Pros
Cons
Crisil Ratings revised the outlook on the company's long-term bank facilities and non-convertible debentures to 'Positive' from 'Stable' and assigned a 'Crisil A+/Positive' rating to its Rs. 145 crore non-convertible debentures.
The company significantly improved its revenue visibility by securing a 25-year Long-Term Offtake Agreement with PCKL and a 5-year Medium-Term Offtake Agreement with TNPDCL, increasing its tied-up capacity to over 75% for the next five years.
Fuel supply risk has been mitigated through new Fuel Supply Agreements securing approximately 1.94 million tons of domestic coal per year, covering at least 80% of its coal needs and reducing reliance on volatile imported coal.
The financial risk profile is expected to strengthen, featuring a projected gearing below 1x, an improving debt-to-EBITDA ratio of 0.5x-0.7x, and an anticipated interest coverage ratio of 4.5x-5.5x.
The company maintains strong liquidity characterized by a robust Debt Service Coverage Ratio of 2.8x-3.1x, extremely low bank limit utilization of 0.53%, and healthy cash and cash equivalents of approximately Rs. 91 crores as of December 2025.
Other details
Clean price₹9,780.84
Dirty price₹9,839.13
Current yield10.50%
Security cover--
Issue size95.00Cr
Original bond tenure36 months
TrusteeNot Applicable
Mode of issueNCD
Listed onNSE
Listing date07 Oct 2026
Coupon rate9.25%
Other details
Clean priceThe bond's original price without earned interest on it.
Dirty priceThe total price you pay - bond price plus accrued interest.
Security coverThe value of assets pledged by the issuer as backup, shown as a multiple of the outstanding loan amount.
Issue sizeThe total amount of money the company is raising through this bond issue.
Original bond tenureThe total duration of the bond from issue date to maturity date.
TrusteeAn independent entity appointed to protect bondholders' interests and monitor the issuer.
Mode of issueHow the bond is offered to investors (e.g., public issue open to all investors).
Listed onStock exchanges where the bond can be bought and sold after issuance.
Listing dateThe date from which the bond became available for trading on the stock exchange.
Maturity dateThe date when the company repays the bond's principal amount.
Coupon rateThe fixed annual interest rate paid to investors on the bond's face value.
Current yieldThe annual interest you earn divided by the bond's current market price.
