Skip to main content
AA | Acuite Ratings & Research NCD Secured
8.59%
YTM
N/A
Minimum investment
Quarterly
Payout
08 May 2029
Maturity
9.30%
Coupon Rate
₹1,00,000
Face Value
8.59% / -71 bpsYTM vs coupon

yield above stated coupon

N/AClean / dirty price

Excluding / including accrued interest

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.

Issuance date
09 May 2025

Blogs

Stay informed with the latest articles, news, and resources across finance, fixed income and investing.