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Surat Municipal Corporation NCD 2025- Details
Last updated August 22, 2026
This IPO News reference page covers “Surat Municipal Corporation NCD 2025- Details”. The page is organized around surat municipal corporation ncd details, surat municipal corporation financial information (restated), surat municipal corporation ncd objectives, surat municipal corporation ncd other details, surat municipal corporation ncd important links. IPO News presents the structured facts and tables in its own layout and wording.
Topics Covered
- Surat Municipal Corporation NCD Details
- Surat Municipal Corporation Financial Information (Restated)
- Surat Municipal Corporation NCD Objectives
- Surat Municipal Corporation NCD Other Details
- Surat Municipal Corporation NCD Important Links
- About Company
- Company Address
- Surat Municipal Corporation NCD Lead Manager
- Surat Municipal Corporation NCD Registrar
Key Facts
- India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
- Surat Municipal Corporation NCD opens for public subscription on October 6 and closes on Oct 9, 2025. Get more details on Surat Municipal Corporation NCD Issue 2025.
- STRPP–A: Redeemable after 4 years
- STRPP–B: Redeemable after 5 years
Data Tables
| Issue Size (Base) |
₹100.00 Cr |
| Face Value |
₹1000 each NCD |
| Issue Price |
₹1000 per NCD |
| Market Lot |
1 NCD |
| Min Order Qty |
10 NCD |
| Min Order Amount |
₹10000 |
| Listing at |
NSE, BSE |
| Credit Rating |
India Ratings & Research Private Limited : IND AA+/StableCrisil Ratings Limited : CRISIL AA+ Stable |
| Period Ended |
31 Mar 2025 |
31 Mar 2024 |
31 Mar 2023 |
| Assets |
30,854.64 |
27,625.87 |
23,788.47 |
| Total Income |
4,773.47 |
4,773.47 |
3,537.72 |
| Reserves and Surplus |
27,402.61 |
25,028.63 |
21,379.14 |
| Amount in ₹ Crore |
| # |
Issue Objects |
| 1 |
Installation of a 10 MW groundmounted solar power plant at Bural & Vithodar village in District Banaskantha (“Project I”) |
| 2 |
Installation of a 6.3 MW wind power plant at Bhimguda-Wankaner site; District – Morbi (“Project II”) |
| 3 |
Development of depot for electric bus operations at Kosad (“Project III”) |
| 4 |
Construction of Centralized Dry and Wet Waste processing plant at Umber (“Project IV”) |
| 5 |
Augmentation and upgradation of Water Treatment Plant at Variav and Rander (“Project V”) |
| 6 |
Construction of Intake Well and transmission line at Variav (“Project VI”) |
|
STRPP A |
STRPP B |
| Frequency of Interest Payment |
Half Yearly |
Half Yearly |
| Nature |
Secured |
Secured |
| Tenor |
4 Years |
5 Years |
| Coupon (% per Annum) |
8.00% |
8.00% |
| Effective Yield (% per Annum) |
8.16% |
8.16% |
| Amount on Maturity (In Rs.) |
Rs 500.00 |
Rs 500.00 |
Source record: View original public source ↗