Andhra Pradesh State Beverages Corporation Limited

Andhra Pradesh State Beverages Corporation Limited is an Indian company in the food and beverages industry with 23 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 9.15% to 9.62% a year. Maturity dates run from 30 Nov 2026 to 30 Nov 2035. NSDL records all 23 whose terms it holds as secured. Latest credit ratings on record: India Ratings AA (CE) (Stable) (action dated 13 Feb 2026); Acuite AA (CE) (Stable) (action dated 14 Jan 2026). Verify current terms against the official documents linked on this page.

Data as of 14 Nov 2026 (snapshot 20261114-2051) · How this page is compiled

Issuer overview

Legal name
Andhra Pradesh State Beverages Corporation Limited
CIN
U15400AP2015SGC097161
LEI
984500D7FC480A554334
Company status
Unlisted
Industry
Food and Beverages
Business
Breweries & Distilleries
Ownership
Public Sector Undertaking (PSU)
ISIN issuer code
INE0M23
Outstanding bonds (ISINs)
23 (plus 7 matured)
Stated coupons (fixed rate)
9.15% – 9.62%
Maturity dates
30 Nov 2026 – 30 Nov 2035
Secured (NSDL)
23 of 23
Combined issue size of outstanding bonds
₹11,663 crore
Traded on
BSE, NSE

Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.

Andhra Pradesh State Beverages Corporation bonds: ISIN, coupon and maturity

23 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE0M2307149 Bond (NCD) 9.62% Quarterly 21 Dec 2022 30 Nov 2026 ₹2,50,000 170 Secured Guaranteed — India Ratings AA (CE) 13 Feb 2026
INE0M2307362 Bond (NCD) 9.15% Quarterly 16 Dec 2025 18 Dec 2026 ₹25,000 549 Secured Guaranteed NSE India Ratings AA (CE) 13 Feb 2026
INE0M2307057 Bond (NCD) 9.62% Quarterly 14 Jun 2022 31 May 2027 ₹7,50,000 831 Secured Guaranteed — India Ratings AA (CE) 13 Feb 2026
INE0M2307321 Bond (NCD) 9.15% Quarterly 16 Dec 2025 30 Nov 2027 ₹1,00,000 549 Secured Guaranteed BSE, NSE India Ratings AA (CE) 13 Feb 2026
INE0M2307156 Bond (NCD) 9.62% Quarterly 21 Dec 2022 30 Nov 2027 ₹10,00,000 170 Secured Guaranteed — India Ratings AA (CE) 13 Feb 2026
INE0M2307065 Bond (NCD) 9.62% Quarterly 14 Jun 2022 31 May 2028 ₹10,00,000 831 Secured Guaranteed BSE India Ratings AA (CE) 13 Feb 2026
INE0M2307164 Bond (NCD) 9.62% Quarterly 21 Dec 2022 30 Nov 2028 ₹10,00,000 170 Secured Guaranteed BSE India Ratings AA (CE) 13 Feb 2026
INE0M2307370 Bond (NCD) 9.15% Quarterly 16 Dec 2025 30 Nov 2028 ₹1,00,000 549 Secured Guaranteed BSE, NSE India Ratings AA (CE) 13 Feb 2026
INE0M2307073 Bond (NCD) 9.62% Quarterly 14 Jun 2022 31 May 2029 ₹10,00,000 831 Secured Guaranteed BSE India Ratings AA (CE) 13 Feb 2026
INE0M2307180 Bond (NCD) 9.62% Quarterly 21 Dec 2022 30 Nov 2029 ₹10,00,000 170 Secured Guaranteed BSE India Ratings AA (CE) 13 Feb 2026
INE0M2307354 Bond (NCD) 9.15% Quarterly 16 Dec 2025 30 Nov 2029 ₹1,00,000 549 Secured Guaranteed BSE, NSE India Ratings AA (CE) 13 Feb 2026
INE0M2307081 Bond (NCD) 9.62% Quarterly 14 Jun 2022 31 May 2030 ₹10,00,000 831 Secured Guaranteed — India Ratings AA (CE) 13 Feb 2026
INE0M2307172 Bond (NCD) 9.62% Quarterly 21 Dec 2022 29 Nov 2030 ₹10,00,000 170 Secured Guaranteed BSE India Ratings AA (CE) 13 Feb 2026
INE0M2307339 Bond (NCD) 9.15% Quarterly 16 Dec 2025 29 Nov 2030 ₹1,00,000 549 Secured Guaranteed BSE, NSE India Ratings AA (CE) 13 Feb 2026
INE0M2307099 Bond (NCD) 9.62% Quarterly 14 Jun 2022 30 May 2031 ₹10,00,000 831 Secured Guaranteed — India Ratings AA (CE) 13 Feb 2026
INE0M2307388 Bond (NCD) 9.15% Quarterly 16 Dec 2025 28 Nov 2031 ₹1,00,000 549 Secured Guaranteed BSE, NSE India Ratings AA (CE) 13 Feb 2026
INE0M2307198 Bond (NCD) 9.62% Quarterly 21 Dec 2022 28 Nov 2031 ₹10,00,000 170 Secured Guaranteed — India Ratings AA (CE) 13 Feb 2026
INE0M2307107 Bond (NCD) 9.62% Quarterly 14 Jun 2022 31 May 2032 ₹10,00,000 831 Secured Guaranteed BSE India Ratings AA (CE) 13 Feb 2026
INE0M2307206 Bond (NCD) 9.62% Quarterly 21 Dec 2022 29 Nov 2032 ₹10,00,000 170 Secured Guaranteed BSE India Ratings AA (CE) 13 Feb 2026
INE0M2307347 Bond (NCD) 9.15% Quarterly 16 Dec 2025 29 Nov 2032 ₹1,00,000 549 Secured Guaranteed BSE, NSE India Ratings AA (CE) 13 Feb 2026
INE0M2307404 Bond (NCD) 9.15% Quarterly 16 Dec 2025 30 Nov 2033 ₹1,00,000 549 Secured Guaranteed BSE, NSE India Ratings AA (CE) 13 Feb 2026
INE0M2307412 Bond (NCD) 9.15% Quarterly 16 Dec 2025 30 Nov 2034 ₹1,00,000 549 Secured Guaranteed BSE, NSE India Ratings AA (CE) 13 Feb 2026
INE0M2307396 Bond (NCD) 9.15% Quarterly 16 Dec 2025 30 Nov 2035 ₹1,00,000 549 Secured Guaranteed BSE, NSE India Ratings AA (CE) 13 Feb 2026
Notes on this table
  • Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
  • Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
  • "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
  • Prices and yields are not shown. They change with every trade: see BSE and NSE.
  • Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Credit rating.

Andhra Pradesh State Beverages Corporation credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
India Ratings AA (CE) Stable Reaffirm 13 Feb 2026 23 Verified by NSDL · Checked 7 Nov 2026
Acuite AA (CE) Stable Reaffirm 14 Jan 2026 23 Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
13 Feb 2026 India Ratings AA (CE) Stable Reaffirm
14 Jan 2026 Acuite AA (CE) Stable Reaffirm
1 Dec 2025 Acuite AA (CE) Stable Reaffirm
26 Jun 2025 India Ratings AA (CE) Stable Reaffirm
6 Dec 2024 Acuite AA (CE) Stable Reaffirm
27 Jun 2024 India Ratings AA (CE) Stable Reaffirm
8 Dec 2023 Acuite AA (CE) Stable Downgrade
4 Jul 2023 Acuite AA+ (CE) Stable Reaffirm
28 Jun 2023 India Ratings AA (CE) Stable Reaffirm
29 Mar 2023 India Ratings AA (CE) Stable Reaffirm
22 Mar 2023 Acuite AA+ (CE) Stable Reaffirm
5 Jan 2023 Acuite AA+ (CE) Stable Reaffirm
28 Dec 2022 India Ratings AA (CE) Stable Reaffirm
17 Nov 2022 India Ratings AA (CE) Stable New
17 Jun 2022 Acuite AA+ (CE) Stable Reaffirm

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: India Ratings, Acuite

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
21 Dec 2022 INE0M2307115 30 Nov 2023 Placement memorandum on BSE
21 Dec 2022 INE0M2307123 29 Nov 2024 Placement memorandum on BSE
21 Dec 2022 INE0M2307131 28 Nov 2025 Placement memorandum on BSE
21 Dec 2022 INE0M2307149 30 Nov 2026 Placement memorandum on BSE
21 Dec 2022 INE0M2307164 30 Nov 2028 Placement memorandum on BSE
21 Dec 2022 INE0M2307180 30 Nov 2029 Placement memorandum on BSE
21 Dec 2022 INE0M2307172 29 Nov 2030 Placement memorandum on BSE
21 Dec 2022 INE0M2307198 28 Nov 2031 Placement memorandum on BSE
21 Dec 2022 INE0M2307206 29 Nov 2032 Placement memorandum on BSE
21 Dec 2022 INE0M2307156 30 Nov 2027 Placement memorandum on BSE
14 Jun 2022 INE0M2307065 31 May 2028 Placement memorandum on BSE
14 Jun 2022 INE0M2307073 31 May 2029 Placement memorandum on BSE
14 Jun 2022 INE0M2307081 31 May 2030 Placement memorandum on BSE
14 Jun 2022 INE0M2307099 30 May 2031 Placement memorandum on BSE
14 Jun 2022 INE0M2307032 30 May 2025 Placement memorandum on BSE
14 Jun 2022 INE0M2307016 31 May 2023 Placement memorandum on BSE
14 Jun 2022 INE0M2307024 31 May 2024 Placement memorandum on BSE
14 Jun 2022 INE0M2307057 31 May 2027 Placement memorandum on BSE
14 Jun 2022 INE0M2307040 29 May 2026 Placement memorandum on BSE
14 Jun 2022 INE0M2307107 31 May 2032 Placement memorandum on BSE

From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.

Company details

Date of incorporation
12 Aug 2015
Listed / unlisted
Unlisted
Registered office
1st Floor, Proh. & Excise Complex, D.No.5-69-55/9A Taluk Office Compound, 6/1, Brodipet Guntur
State
Andhra Pradesh
Registrar of Companies
Andhra Pradesh
Authorised capital
1000000
Paid-up capital
500000
Last AGM
30 Sep 2024

Andhra Pradesh State Beverages Corporation bonds: questions and answers

What bonds has Andhra Pradesh State Beverages Corporation Limited issued?

Andhra Pradesh State Beverages Corporation Limited has 23 outstanding bonds recorded on this page. By type, as described by NSDL: 23 bond (ncd). 7 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of Andhra Pradesh State Beverages Corporation Limited bonds?

Its 23 outstanding bonds each have their own ISIN, for example INE0M2307149, INE0M2307362, INE0M2307057. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE0M23.

What coupon rates do Andhra Pradesh State Beverages Corporation Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 9.15% to 9.62% a year on face value. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.

When do Andhra Pradesh State Beverages Corporation Limited bonds mature?

Its outstanding bonds have maturity dates from 30 Nov 2026 to 30 Nov 2035. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Andhra Pradesh State Beverages Corporation Limited bonds?

NSDL India Bond Info records India Ratings AA (CE) (Stable) (action dated 13 Feb 2026); Acuite AA (CE) (Stable) (action dated 14 Jan 2026) on its outstanding bonds. Checked on NSDL on 7 Nov 2026. A rating is the agency's opinion and can change at any time.

Are Andhra Pradesh State Beverages Corporation Limited bonds secured, unsecured or guaranteed?

NSDL records all 23 outstanding bonds whose terms it holds as secured. 23 are recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.

Where can investors find the original disclosure documents for Andhra Pradesh State Beverages Corporation Limited bonds?

Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.

How can investors check the current market price or yield of Andhra Pradesh State Beverages Corporation Limited bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE and NSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.

Sources and dates

Data as of 14 Nov 2026 (snapshot 20261114-2051). Facts on this page last changed on 5 Nov 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.

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Bond Interpretation is an information resource on Indian corporate bond issuers, published by Newsinterpretation. It covers the companies behind corporate bonds and non-convertible debentures (NCDs): their outstanding bonds with ISIN-level terms, credit ratings as recorded by the depository, private placements and public NCD issues. It brings together depository (NSDL India Bond Info), exchange (BSE and NSE) and company records, and shows the source and date of each fact. The pages are compiled automatically from those records. Bond Interpretation publishes no credit ratings, opinions or recommendations to buy, sell or hold of its own.

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