Security Name: 8.15% Agra Nagar Nigam 15 Apr 2031
ISIN: INE1N2P24018
Taxable
Tax Category
15 Apr, 2031
Maturity Date
(5 Yr 7 Mo 25 D to mature)
Half Yearly
Interest Payment Frequency
Yes
NRI Eligibility
15 Apr, 2025
Allotment Date
NA
Put Date
15 Oct, 2025
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
₹NaN
Dirty Price
8.15%
Coupon
Fixed Interest
Coupon Basis
7.9691%
Current Yield
30 Sep, 2025
Record Date
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
Agra Nagar Nigam
Agra Nagar Nigam (ANN) is a local government body committed to providing necessary community services like health care, sanitation, education, housing, roads, transport etc. to the people of the Agra city. ANN is very well known for managing the city by using private sector participation as well as introducing innovative mechanisms in management to serve people efficiently. The city has prepared different plans for improving services and to nullify the gap between services and demands. The AMC is responsible for public education, correctional institutions, libraries, public safety, recreational facilities, sanitation, water supply, local planning and welfare services. The mayor and councillors are elected to five-year terms.
The ratio in FY24 is 0.59x and it was 4.77x in FY23, indicating decrease in the debt level due to significant increase in the profitability of the issuer.
Debt/EBITDA
The ratio in FY24 is 21772.75x and it was 9142.88x in FY23, indicating Interest coverage ratio is extraordinarily strong, driven by minimal debt servicing requirements and significantly improved earnings in FY24.
Interest coverage ratio
Recent News
Agra Civic body plans raising Rs 500 million for 7.5 MW solar Projects via Bonds
Apr 22, 2025 | Agra Nagar Nigam
Related Videos
STEPS TO BUY THIS BOND
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
Clean Price
Yield (YTM)
Principal Amount
Accrued Interest from
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BOND VALUE DETAILS
Face Value
Market Value
Stamp Duty
Select a Settlement Date:
Total Investment
| Cashflow for INE1N2P24018 |
|---|
| Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
|---|
| Security Name |
|---|
| 8.15% Agra Nagar Nigam 15 Apr 2031 |
| Credit Rating |
|---|
| AA Stable by ACUITE AA Stable by IND |
| Coupon Frequency |
|---|
| Half Yearly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 8.150000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 15/04/2031 |
| Security |
|---|
| Senior Secured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Aug 20,2025 |
| Principal Amount |
|---|
| ₹1,02,270.1 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹1,02,270.1 |
| Price |
|---|
| ₹102.2701 |
| Yield |
|---|
| 0% |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
|---|
Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
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