9.62% ANDHRA PRADESH STATE BEVERAGES CORPORATION LIMITED 29/Nov/2030

Information Memorandum (I.M.)
Term Sheet
INE0M2307172
*(Eligible Investors - Individual,HUF,Corporate,Trust,Minor ) High Return bond

Bond's Rating

Rating Agency Rating Remarks Rating Rationale
INDIA RATING AA(CE) Stable - -
Acuite (SMERA) AA+(CE) Stable - -

Issuer's Type

State Government Guaranteed

About Issuer :

The department is planning to automate all the services including internal workflow services under the aegis of Excise e-Governance Project

Issuer's Link

https://apsbcl.ap.gov.in/APSBCL/Views/Home.aspx

Issuer's Financial Link

https://cag.gov.in/uploads/download_audit_report/2021/Report%20No.2%20of%202021%20-%20Revenue%20Sector%20Government%20of%20Andhra%20Pradesh-060a7b7d1cfa8f8.58930945.pdf

A Quick Highlight. Face Value (In INR) and Issue Size (In INR Crores)

Face Value

10,00,000.00

Coupon Rate

9.6200% (Fix)

Issue Date

21/Dec/2022

Maturity Date

29/Nov/2030

Remaining Period

7y 9m 22d

Tax Free

No

Interest Payment Type

Simple

Interest Frequency

Quarterly

Issue Size (in Crores)

170.00

Max. Available Quantity

3

TDS on Interest

No

Call Option

N.A.

Put Option

N.A.

Govt. Guarantee

State Government

Security

Secured

Name of Debenture Trustee

Beacon Trusteeship Ltd

Remarks

Please Consider The Risk Before Investing.

Explore More

Blog

https://www.thefixedincome.com/blog/bonds-and-debt/state-guaranteed-bonds/