India New Issue-Godrej Industries to issue STRPP bonds, bankers say

Godrej Industries

19/06/2026 09:14

    MUMBAI, June 19 (Reuters) - India's Godrej Industries GODI.NS plans to raise up to 10 billion rupees ($105.86 million) through two series of separately transferable redeemable principal part, or STRPP, bonds maturing in five years and three months and five years and six months, three bankers said on Friday.
It has invited coupon and commitment bids for the issue on Monday, they said. 
The company did not immediately respond to a Reuters email seeking comment. 

    
 Here is the list of deals reported so far on June 19: 

            Issuer
          

            Tenure
          

            Coupon (in %)
          

            Issue size (in bln rupees)*
          

            Bidding date
          

            Rating
          
Godrej Industries STRPP bonds 
5 years and 6 months
To be decided
5
June 22
AA+ (Crisil, Icra)
Godrej Industries STRPP bonds 
5 years and 3 months
To be decided
5
June 22
AA+ (Crisil, Icra)

            India Infradebt
          
5 years and 6 months
7.92
5+10
June 22
AAA (Icra, Crisil)

            Embassy Office Parks REIT
          
3 years
7.49 (payable quarterly)
7
June 22
AAA (Crisil, Care)

            IREDA
          
3 year and 6 days
To be decided
3+12
June 22
AAA (Icra, India ratings)

            Torrent Power
          
3 year
8.10
7.5
June 23
AA+ (Crisil, India Ratings)
Torrent Power 
5 year
8.15
10
June 23
AA+ (Crisil, India Ratings)
Torrent Power 
7 year
8.20
10
June 23
AA+ (Crisil, India Ratings)
Torrent Power 
10 year
8.20
10.5
June 23
AA+ (Crisil, India Ratings)

*Size includes base plus greenshoe for some issues



($1 = 94.4625 Indian rupees)

 (Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Nivedita Bhattacharjee)
 ((Dharamraj.dhutia@tr.com, khushi.malhotra@tr.com))