India New Issue-Tata Capital accepts bids for three-year bonds, bankers say

Tata Capital

11/06/2026 08:23

    MUMBAI, June 11 (Reuters) - India's Tata Capital TATC.NS accepted bids worth 20.30 billion rupees ($212.07 million) in a sale of bonds maturing in three years, three bankers said on Thursday. 
It will pay a coupon of 8.15% and had invited commitment bids for the issue on Wednesday, they said.
The company did not respond to a Reuters email seeking comment.

Here is the list of deals reported so far on June 11: 

            Issuer
          

            Tenure
          

            Coupon (in %)
          

            Issue size (in bln rupees)*
          

            Bidding date
          

            Rating
          
Tata Capital
3 years
8.15
20.30
June 11
AAA (Crisil, Icra)
NaBFID
3 years and 1 month
To be decided
5+25
June 12
AAA (Crisil, Icra)

            NaBFID
          
10 years
To be decided
5+25
June 12
AAA (Crisil, Icra)

            Axis Finance
          
2 years and 7 months
7.70
8
June 10
AAA (India Ratings)

   * Size includes base plus greenshoe for some issues

   ($1 = 95.7225 Indian rupees)

 (Reporting by Dharamraj Dhutia and Khushi Malhotra)
 ((Dharamraj.dhutia@tr.com, Khushi.malhotra@tr.com))