| Issue Size (Base) | ₹100.00 Cr |
| Face Value | โน1000 each NCD |
| Issue Price | โน1000 per NCD |
| Market Lot | 1 NCD |
| Min Order Qty | 10 NCD |
| Min Order Amount | โน10000 |
| Listing at | BSE, NSE |
| Credit Rating | India Ratings & Research Private Limited : IND AA+/Stable Crisil Ratings Limited : CRISIL AA+ Stable |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 13,434.20 | 12,465.99 | 11,799.12 |
| Total Income | 2,312.90 | 2,025.07 | 1,974.96 |
| Profit After Tax | 646.34 | 471.79 | 568.58 |
| Reserves and Surplus | 10,169.98 | 9,465.97 | 8,933.05 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Augmentation of Mukane Water Supply Scheme - Water Treatment Plant (WTP), Construction of Gravity Main from Vilholi to Gandhinagar, Sadhugram & Nilgiri Baug WTP for Sinhastha Kumbh (โProjectโ) | 198.18 |
| Total | 198.18 |
| STRPP A | STRPP B | STRPP C | STRPP D | STRPP E | STRPP F | STRPP G | STRPP H | |
|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Half Yearly | Half Yearly | Half Yearly | Half Yearly | Half Yearly | Half Yearly | Half Yearly | Half Yearly |
| Nature | Unsecured | Unsecured | Unsecured | Unsecured | Unsecured | Unsecured | Unsecured | Unsecured |
| Tenor | 3 Years | 4 Years | 5 Years | 6 Years | 7 Years | 8 Years | 9 Years | 10 Years |
| Coupon (% per Annum) | 8.05% | 8.05% | 8.05% | 8.05% | 8.05% | 8.05% | 8.05% | 8.05% |
| Effective Yield (% per Annum) | 8.20% | 8.20% | 8.20% | 8.20% | 8.20% | 8.20% | 8.20% | 8.20% |
| Amount on Maturity (In Rs.) | Rs 125.00 | Rs 125.00 | Rs 125.00 | Rs 125.00 | Rs 125.00 | Rs 125.00 | Rs 125.00 | Rs 125.00 |
Each NCD consists of 8 STRPP of face value of Rs 125 each. 1 NCD comprising 1 STRPP A and 1 STRPP B, 1 STRPP C,1 STRPP D, 1 STRPP E, 1 STRPP F, 1 STRPP G, 1 STRPP H.
Nashik Municipal Corporation (NMC) is the primary civic authority responsible for governing Nashik city in Maharashtra. It handles the city’s administrative functions, urban planning, and development of infrastructure. The corporation also provides essential public services such as water distribution, waste management, healthcare facilities, and maintenance of roads, supporting the city’s overall development and daily operations.