Indore Municipal Corporation

Corporate

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Methodology v1.0 Download Report (PDF)
Latest Rating
AA (ICRA)
Total Debt Outstanding
₹323 Cr
Across 4 instruments
Listed Bonds
4
First Issue
2018-06-29
Latest Issue
2023-02-20
Maturity Range
2028 - 2032
Observation
4 active bonds tracked from this issuer.
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Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies
01 Issuer Overview
Sector
Issuer Type
Corporate
First Tracked Bond
2018-06-29
Start of this issuer's debt program timeline
  • 4 active bonds tracked from this issuer.
  • 4 of 4 tracked bonds with a stated security status are secured. (based on 4 bonds with a disclosed security status)

Operating in India, Indore Municipal Corporation is classified as a corporate issuer. Bond coupons here span 8.25% - 8.75%, paid semi annual. The maturity ladder spans 2028 - 2032.

Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.

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02 Debt Profile
Outstanding Bonds
4
Tracked by RetailBonds
Amount Tracked
₹323 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
8.38%
Range 8.25% - 8.75%
Avg Remaining Tenure
3.1 Yrs
Nearest maturity 2028-02
Secured
100%
4 of 4 bonds with known status
Callable
1
Of 4 bonds
Avg Spread vs G-Sec
+220 bps
Credit premium (indicative)

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (2 bonds).

0 2028: 2 bonds, ₹201 Cr tracked, avg coupon 8.50% 2 bonds 2028 2030: 1 bond, ₹61 Cr tracked, avg coupon 8.25% 1 bond 2030 2032: 1 bond, ₹61 Cr tracked, avg coupon 8.25% 1 bond 2032

Security Type / Instrument Mix

  • NCD 4 bonds · 100% · ₹323 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2018: ₹140 Cr issued 2018 2023: ₹183 Cr issued 2023 Cumulative: ₹140 Cr Cumulative: ₹323 Cr

Based on 4 of 4 active bonds with a known issue date and issue size.

03 Credit Profile
  • AA 4 bonds · 100%
AgencyRatingOutlookBonds
CARE AA 3
ICRA AA 3
BRICKWORK AA 1

Recent Rating Actions

No rating action history available.

04 Outstanding Bonds View all bonds →

YTM and Last Trade depend on secondary-market volume — shown only for bonds with a recorded BSE/NSE trade.

05 Market Activity

Last 30 days, across all outstanding bonds from this issuer.

Traded Value (Last 30 Days)
₹0.0 Cr
Number of Trades (Last 30 Days)
40
Avg. Yield (Last 30 Days)
7.79%
06 Regulatory Filings

No regulatory filings captured yet for this issuer.

07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 7 2026-06-28
Rating Actions History 0
Secondary-Market Trades 81 2026-08-27
Reg52(4) Payment Disclosures 0

Methodology version 1.0. See full methodology for sources and limitations.

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Frequently Asked Questions
How many active bonds does Indore Municipal Corporation have?

Indore Municipal Corporation currently has 4 active bonds with coupons 8.25% - 8.75%, maturities spanning 2028 - 2032.

What is Indore Municipal Corporation's credit rating?

The most recent rating on Indore Municipal Corporation's bonds is AA (ICRA), published by BRICKWORK, CARE, ICRA.

Are Indore Municipal Corporation's bonds secured?

Of the 4 bonds with a disclosed security status, 4 are secured (100%) and 0 are unsecured.

When do Indore Municipal Corporation's bonds mature?

Indore Municipal Corporation's active bonds mature between 2028 - 2032; the nearest matures in 2028-02; the average tenure is 3.1 Yrs.

What is the average coupon on Indore Municipal Corporation's bonds?

The average coupon across Indore Municipal Corporation's 4 active bonds is 8.38%.

Disclaimer: This page aggregates publicly available data about Indore Municipal Corporation for informational purposes only. Ratings shown are the opinion of the issuing rating agency and are not buy/sell recommendations. RetailBonds.in does not issue its own ratings or investment advice. Verify all data against the issuer’s offer document before transacting.