BOND DETAILS

Indore Municipal Corporation 9.25% Bond · 29 Jun 2028

INE00QS07014SecuredReported as listed
Annual coupon rate9.25%On face value · not yield
Maturity date29 Jun 2028
1.8 years left
Face value per bond₹10,00,000Not a market price or minimum order
Credit rating
AA+INDIA RATING AND RESEARCH PVT. LTD · 30 Jun 2023

Bond terms

Coupon frequency
Half-yearly
Interest type
Fixed Interest
Face value
₹10,00,000
Allotment date
29 Jun 2018
Security
Secured
Seniority
Not available
Day-count convention
Actual/actual
Reported tax category
Taxable

Interest & repayment

Interest payments

HALF YEARLY 29TH DEC AND 29TH JUN EVERY YEAR TILL MATURITY

Redemption terms

25% EACH ON 27/06/25, 29/06/26, 29/06/27, 29/06/28

Call provisions

AT THE END OF 7TH YEAR FROM DATE OF ALLOTMENT (29.06.2025)

Put provisions

AT THE END OF 7TH YEAR FROM DATE OF ALLOTMENT (29.06.2025)

Credit ratings

AGENCYRATINGRATING DATEOUTLOOK
INDIA RATING AND RESEARCH PVT. LTDAA+30 Jun 2023Not available

Ratings can change. Check the agency’s latest report for this ISIN. How to read ratings

Issuer & listing details

Issuer
Indore Municipal Corporation
ISIN
INE00QS07014
Debenture trustee
Vistra ITCL (India) Limited
Registrar
KFIN TECHNOLOGIES PRIVATE LIMITED
NSE · reported status
Listed
Security name
INDORE MUNICIPAL CORPORATION SR-I 9.25 BD 29JU28 FVRS10LAC
Bond description
8.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SEIRES I. DATE OF MAUTRITY 29/06/2028