UltraTech Cement Ltd., founded in 1983 and headquartered in Mumbai, India, is a leading manufacturer of grey cement, ready mix concrete, and white cement. The company aims to provide sustainable and innovative cement solutions to the construction and infrastructure sectors in India and abroad.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| UTCMIN 2.80% 2031-02-16 USDUltraTech Cement Ltd. | India | 2031-02-16 | 2.800 | 4.49 |
| UTCMIN 2.80% 2031-02-16 USDUltraTech Cement Ltd. | India | 2031-02-16 | 2.800 | 4.49 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
UltraTech Cement entered the bond market in 2010, issuing its first set of bonds to raise funds for capacity expansion. Notable issuances include its ₹1,500 crore bond in 2020, which featured a 10-year maturity and competitive yield compared to industry peers. As of late 2023, UltraTech's bond yields remain attractive, reflecting strong demand amidst ongoing infrastructure development in India. In recent news, the company announced plans to issue ₹3,000 crore in bonds to finance upcoming projects, reinforcing its commitment to growth and investment in the sector.