THE ANDHRA PRADESH MINERAL DEVELOPMENT CORPORATION LIMITED

ISIN: INE0TLC07069

YTM Icon8.59%
Listed Yield
₹ 3,11,528.22
Min Investment
Quarterly
Payout
₹ 1,00,000
Face Value
9.30%
Coupon
08 May 2029
Maturity Date

About The Issuer

The Andhra Pradesh Mineral Development Corporation Limited (APMDC) is a wholly owned undertaking of the Government of Andhra Pradesh, established on February 24, 1961. Headquartered in Hyderabad, Telangana, APMDC is engaged in the exploration, mining, processing, and marketing of various minerals, including barytes, bauxite, limestone, granite, and iron ore. The corporation is a significant global producer of barytes, contributing approximately 90-95% of India's total production. Additionally, APMDC has diversified into coal mining, with commercial production commencing at the Suliyari coal block in Madhya Pradesh in 2022.

Get in touch

Share your details and we'll connect with you about this bond.