Nashik Municipal Corporation

Nashik Municipal Corporation is an Indian company in the government undertaking industry with 8 outstanding bonds (ISINs) recorded on this page. Its fixed-rate bonds carry a stated coupon of 8.05% a year. Maturity dates run from 5 Mar 2029 to 5 Mar 2036. NSDL records 0 of the 8 whose terms it holds as secured. Latest credit ratings on record: India Ratings AA+ (Positive) (action dated 18 Sep 2026); CRISIL AA+ (Stable) (action dated 26 May 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
Nashik Municipal Corporation
LEI
335800284VCFP9BBCT70
Industry
Government Undertaking
Business
Multi Utilities
ISIN issuer code
INE579F
Outstanding bonds (ISINs)
8
Stated coupons (fixed rate)
8.05%
Maturity dates
5 Mar 2029 – 5 Mar 2036
Secured (NSDL)
0 of 8
Combined issue size of outstanding bonds
₹200 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.

Nashik Municipal Corporation bonds: ISIN, coupon and maturity

8 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE579F24099 Bond (NCD) 8.05% Yearly 5 Mar 2026 5 Mar 2029 ₹125 25.00 Unsecured None recorded NSE CRISIL AA+ 26 May 2026
INE579F24065 Bond (NCD) 8.05% Yearly 5 Mar 2026 5 Mar 2030 ₹125 25.00 Unsecured None recorded NSE CRISIL AA+ 26 May 2026
INE579F24032 Bond (NCD) 8.05% Yearly 5 Mar 2026 5 Mar 2031 ₹125 25.00 Unsecured None recorded BSE, NSE CRISIL AA+ 26 May 2026
INE579F24057 Bond (NCD) 8.05% Yearly 5 Mar 2026 5 Mar 2032 ₹125 25.00 Unsecured None recorded NSE CRISIL AA+ 26 May 2026
INE579F24040 Bond (NCD) 8.05% Yearly 5 Mar 2026 5 Mar 2033 ₹125 25.00 Unsecured None recorded NSE CRISIL AA+ 26 May 2026
INE579F24081 Bond (NCD) 8.05% Yearly 5 Mar 2026 5 Mar 2034 ₹125 25.00 Unsecured None recorded NSE CRISIL AA+ 26 May 2026
INE579F24073 Bond (NCD) 8.05% Yearly 5 Mar 2026 5 Mar 2035 ₹125 25.00 Unsecured None recorded BSE, NSE CRISIL AA+ 26 May 2026
INE579F24107 Bond (NCD) 8.05% Yearly 5 Mar 2026 5 Mar 2036 ₹125 25.00 Unsecured None recorded NSE CRISIL AA+ 26 May 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

IssuerOpenedCouponTenorRatingIssue size
Nashik Municipal Corporation25 Feb 20268.05%3 years–10 yearsIND AA+, CRISIL AA+₹200 crore

Nashik Municipal 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+ Positive Reaffirm 18 Sep 2026 8 Checked 7 Nov 2026
CRISIL AA+ Stable Reaffirm 26 May 2026 8 Verified by NSDL · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
18 Sep 2026 India Ratings AA+ Positive Reaffirm
26 May 2026 CRISIL AA+ Stable Reaffirm
25 May 2026 India Ratings AA+ Stable New
14 Jan 2026 India Ratings AA+ Stable New
13 Jan 2026 CRISIL AA+ Stable New

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: CRISIL, India Ratings

Company details

Class
https://nashiksmartcity.in/home/

Nashik Municipal Corporation bonds: questions and answers

What bonds has Nashik Municipal Corporation issued?

Nashik Municipal Corporation has 8 outstanding bonds recorded on this page. By type, as described by NSDL: 8 bond (ncd).

What are the ISINs of Nashik Municipal Corporation bonds?

Its 8 outstanding bonds each have their own ISIN, for example INE579F24099, INE579F24065, INE579F24032. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE579F.

What coupon rates do Nashik Municipal Corporation bonds pay?

Its fixed-rate outstanding bonds carry a stated coupon of 8.05% 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 Nashik Municipal Corporation bonds mature?

Its outstanding bonds have maturity dates from 5 Mar 2029 to 5 Mar 2036. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Nashik Municipal Corporation bonds?

NSDL India Bond Info records India Ratings AA+ (Positive) (action dated 18 Sep 2026); CRISIL AA+ (Stable) (action dated 26 May 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 Nashik Municipal Corporation bonds secured, unsecured or guaranteed?

NSDL records 0 of the 8 outstanding bonds whose terms it holds as secured and 8 as unsecured. None is 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 Nashik 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 Nashik Municipal Corporation 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 9 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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