Security Name: 9.30% The Andhra Pradesh Mineral Development Corporation Limited 08 May 2029
ISIN:
INE0TLC07069
Taxable
Tax Category
08 May, 2029
Maturity Date
(3 Yr 11 Mo 12 D to mature)
Quarterly
Interest Payment Frequency
Yes
NRI Eligibility
09 May, 2025
Allotment Date
NA
Put Date
08 Aug, 2025
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
₹NaN
Dirty Price
9.3%
Coupon
Fixed Interest
Coupon Basis
9.2031%
Current Yield
24 Jul, 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
The Andhra Pradesh Mineral Development Corporation Limited
APMDC is a state-owned public sector entity incorporated on 24 February 1961 and registered under the Companies Act, 1956. It is a wholly owned undertaking of the GoAP. It is primarily engaged in the excavation of mineral resources, including exploration and mineral beneficiation, development of the surroundings and protection of the ecology system around the mines. APMDC has been one of the largest producers and suppliers of baryte globally since 1975. APMDC is the sole producer of baryte in the public sector.
The ratio in FY24 is 0.41x and it was 0.64x in FY23, indicating decrease in the debt level of the issuer due to significant increase in the profitability in FY24.
Debt/EBITDA
The ratio in FY24 is 19.70x and it was 10.55x in FY23, indicating increase in the debt servicing ability of the issuer decrease in the interest expenses of the issuer which led to overall decrease in the finance cost of the issuer.
Interest coverage ratio
Recent News
Minister inaugurates health vans by A.P. Mineral Development Corporation
May 06, 2025 | The Andhra Pradesh Mineral Development Corporation Limited
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, send a request for the Rating Rationale. You will receive an email shortly.
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 INE0TLC07069 |
|---|
| 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 |
|---|
| 9.30% The Andhra Pradesh Mineral Development Corporation Limited 08 May 2029 |
| Credit Rating |
|---|
| AA by ACUITE AA (CE) / Stable by IND |
| Coupon Frequency |
|---|
| Quarterly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 9.300000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 08/05/2029 |
| Security |
|---|
| Senior Secured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| May 27,2025 |
| Principal Amount |
|---|
| ₹1,01,053.2 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹1,01,053.2 |
| Price |
|---|
| ₹101.0532 |
| 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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