Grasim Industries Ltd., founded in 1947 and headquartered in Mumbai, India, operates as a flagship company of the Aditya Birla Group, focusing on manufacturing and diversified investments. The company plays a pivotal role in a variety of sectors, particularly in the production of viscose staple fiber, cement, and textiles, catering to both domestic and international markets.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| GRASIM 6.99% 2031-04-04 INRGrasim Industries Ltd. | India | 2031-04-04 | 6.990 | 7.21 |
| GRASIM 7.35% 2026-07-31 INRGrasim Industries Ltd. | India | 2026-07-31 | 7.350 | 7.35 |
| GRASIM 7.50% 2027-06-10 INRGrasim Industries Ltd. | India | 2027-06-10 | 7.500 | 6.93 |
| GRASIM 7.63% 2027-12-01 INRGrasim Industries Ltd. | India | 2027-12-01 | 7.630 | 6.95 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Grasim issued its inaugural bond in the early 2000s, marking its strategic move into the debt market to fund expansion projects. As of 2023, the company has seen significant bond issuances such as its ₹3,000 crore issuance in 2021, aimed at refinancing debt and funding capital expenditures. Current yields on Grasim's bonds are competitive within the industry, reflecting strong demand among retail investors. Notably, the bonds feature bullet repayment structures, enhancing their appeal, and Grasim has maintained a robust credit rating, underscoring its financial stability amid evolving market conditions.