Indore Municipal Corporation is an Indian company in the government undertaking industry with one outstanding bond (ISIN) recorded on this page. The bond has ISIN INE00QS24035 and is a bond (ncd). It carries a stated coupon of 8.25% a year, matures on 20 Feb 2032 and had an issue size of ₹61.00 crore. NSDL records it as secured. Latest credit ratings on record: India Ratings AA+ (Stable) (action dated 26 Jun 2026); CARE AA (Stable) (action dated 3 Dec 2025). 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
- Indore Municipal Corporation
- Industry
- Government Undertaking
- Business
- Multi Utilities
- Ownership
- Public Sector Undertaking (PSU)
- ISIN issuer code
- INE00QS
- Outstanding bonds (ISINs)
- 1
- Stated coupons (fixed rate)
- 8.25%
- Maturity dates
- 20 Feb 2032
- Secured (NSDL)
- 1 of 1
- Combined issue size of outstanding bonds
- ₹61.00 crore
- Traded on
- 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.
Indore Municipal Corporation bonds: ISIN, coupon and maturity
1 outstanding bond, by maturity date.
| ISIN | Type | Coupon | Interest paid | Allotted | Maturity | Face value | Issue size (₹ cr) | Security | Guarantee | Traded on | Rating (NSDL) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| INE00QS24035 | Bond (NCD) | 8.25% | Yearly | 20 Feb 2023 | 20 Feb 2032 | ₹250 | 61.00 | Secured | None recorded | NSE | India Ratings AA+ 26 Jun 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.
Public NCD issues
| Issuer | Opened | Coupon | Tenor | Rating | Issue size |
|---|---|---|---|---|---|
| Indore Municipal Corporation | 10 Feb 2023 | — | — | — | — |
Company details
- Class
- https://imcindore.mp.gov.in/
- Registered office
- Narayan Singh Saput Marg, Shivaji Market, Nagar Nigam Square, Indore, 452007
- State
- Madhya Pradesh
Indore Municipal Corporation bonds: questions and answers
What bonds has Indore Municipal Corporation issued?
Indore Municipal Corporation has one outstanding bond recorded on this page. By type, as described by NSDL: 1 bond (ncd).
What is the ISIN of the Indore Municipal Corporation bond?
The bond recorded on this page has ISIN INE00QS24035. Indian ISINs of the same issuer share the first seven characters (INE00QS), the issuer code.
What is the coupon rate on the Indore Municipal Corporation bond?
Bond INE00QS24035 carries a stated coupon of 8.25% a year, according to NSDL India Bond Info. The coupon is not the yield: the yield an investor earns depends on the price paid.
When does the Indore Municipal Corporation bond mature?
Bond INE00QS24035 has a maturity date of 20 Feb 2032. It was allotted on 20 Feb 2023.
What is the latest credit rating of Indore Municipal Corporation bonds?
NSDL India Bond Info records India Ratings AA+ (Stable) (action dated 26 Jun 2026); CARE AA (Stable) (action dated 3 Dec 2025) on its outstanding bonds. Checked on NSDL on 4 Nov 2026. A rating is the agency's opinion and can change at any time.
Is the Indore Municipal Corporation bond secured, unsecured or guaranteed?
NSDL records bond INE00QS24035 as secured and not 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 Indore Municipal Corporation 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.
How can investors check the current market price or yield of Indore Municipal Corporation bonds?
This page does not show prices or yields. Trades in these bonds are reported on 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
- NSDL India Bond Info: bond terms, issuer identity and ratings by ISIN
- BSE and NSE: bonds that have traded, and their exchange listings
- Methodology: how these pages are compiled and checked
Data as of 14 Nov 2026 (snapshot 20261114-2051). Facts on this page last changed on 14 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.
