India New Issue-NTPC Green Energy to issue 10-year bonds, bankers say

NTPC Green Energy

03/07/2026 10:02

    MUMBAI, July 3 (Reuters) - India's NTPC Green Energy NTPG.NS plans to raise up to 25 billion rupees( $262.29 million), including a greenshoe option of 20 billion rupees, through the sale of bonds maturing in 10 years, three bankers said on Friday.
It has invited coupon and commitment bids for the issue on Tuesday, they said. 
The company did not immediately respond to a Reuters email seeking comment. 

    
 
 Here is the list of deals reported so far on July 3: 

            Issuer
          

            Tenure
          

            Coupon (in %)
          

            Issue size (in bln rupees)*
          

            Bidding date
          

            Rating
          
NTPC Green Energy
10 years
To be decided
5+20
July 7
AAA(Crisil)

            Poonawalla Fincorp
          
2 years and 4 months
8.0568
5
July 2
AAA (Crisil)

            Sammaan Capital
          
14 months
8.03
8
July 2
AA+ (Crisil, Icra)
Sammaan Capital
20 months
8.43
6
July 2
AA+ (Crisil, Icra)

            Axis Finance
          
3 years and 1 month
7.81
6
July 2
AAA(Crisil, Care)
*Size includes base plus greenshoe for some issues
     


($1 = 95.3150 Indian rupees)

 (Reporting by Khushi Malhotra; Editing by Ronojoy Mazumdar)
 ((Khushi Malhotra@tr.com))