Surat Municipal Corporation NCD October 2025 FAQ's

₹200.00 Cr| Listing at NSE, BSE | Mon, Oct 6, 2025 - Thu, Oct 9, 2025

Surat Municipal Corporation NCD October 2025 Date & Price

The Surat Municipal Corporation NCD October 2025 issue opens on October 6, 2025 and closes on October 9, 2025. for the subscription.

Note that the public issue of NCD is closed early in case it is fully subscribed (base + shelf) before its issue closing day. The allotment is done on a First Come First Serve Basis.

Surat Municipal Corporation NCD October 2025 Issue Timetable

Bid/Offer Opens OnOctober 6, 2025
Bid/Offer Closes OnOctober 9, 2025

Sorry, `Surat Municipal Corporation NCD October 2025` DRHP PDF Document is not available at this time.


Surat Municipal Corporation NCD October 2025 Red Herring Prospectus (RHP) PDF

Surat Municipal Corporation NCD October 2025 price is set at ₹1000 per NCD.

The NCD's will be issued at a face value of ₹1000 each NCD.

Each application should be for a minimum of 10 NCD and multiples of 1 NCD thereof.

Surat Municipal Corporation NCD October 2025 remains open for subscription on working days from 10:00 a.m. to 5:00 p.m until October 9, 2025. The bid may close earlier in case it is fully subscribed.

Surat Municipal Corporation NCD Coupon Rates

#STRPP ASTRPP B
Frequency of Interest PaymentHalf YearlyHalf Yearly
NatureSecuredSecured
Tenor4 Years5 Years
Coupon (% per Annum)8.00%8.00%
Effective Yield (% per Annum)8.16%8.16%
Amount on Maturity (In Rs.)Rs 500.00Rs 500.00

Principal Division

The principal amount is divided into two parts:

  • STRPP–A: Redeemable after 4 years
  • STRPP–B: Redeemable after 5 years

Note:Although both STRPPs belong to STRPP A, they are independently tradable.

Market Details

  • Primary Market: Investors must subscribe to the full NCD (which includes both STRPP–A and STRPP–B together).
  • Secondary Market: STRPP–A and STRPP–B can be traded separately, giving investors flexibility in trading and holding periods.

For clarity: subscription on issuance is for the combined instrument; trading post-issuance is allowed for the individual STRPP components.

Surat Municipal Corporation NCD October 2025 Issue Size and Subscription Status

The Surat Municipal Corporation NCD October 2025 NCD issue size is ₹100.00 Cr.

Sorry, The number of shares offered in Surat Municipal Corporation NCD October 2025 is not available at this time. Please revisit us for latest updates.

No, NRI's are not eligible to apply in this Issue.

  1. Minors without a guardian name
  2. Foreign nationals
  3. Persons resident outside India
  4. Foreign Portfolio Investors
  5. Foreign Venture Capital Investors
  6. Qualified Foreign Investors
  7. Overseas Corporate Bodies
  8. Persons ineligible to contract under applicable statutory/regulatory requirements

You could check Surat Municipal Corporation NCD October 2025 NCD Grey Market Premium (GMP Rate) by visiting our Grey Market Price (Message Board).

Note that there is no official source of GMP Rate as they are over-the-counter transactions.

Surat Municipal Corporation NCD October 2025 Allotment and Listing

The NCD's are proposed to be listed on NSE, BSE.

Applicants are allocated NCD's on a First Come First Serve Basis.

You can check Surat Municipal Corporation allotment status on the registrar’s website using your PAN or application number, or on the BSE/NSE website under the debt issue section. If allotted, the NCDs will be credited to your demat account and visible through your broker.

It is hard to say at what price Surat Municipal Corporation NCD October 2025 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Surat Municipal Corporation NCD October 2025 NCD - Should I apply?

Sorry, we do not provide NCD recommendations. But we share a lot of information about Surat Municipal Corporation NCD October 2025 which could help you with questions like Surat Municipal Corporation NCD October 2025 buy or not? You should also read Surat Municipal Corporation NCD October 2025 Analysis from experts and check the daily subscription status.

It depends on many factors like company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, NCD Analysis from experts and follow the subscriptions before you make the decision to apply in an NCD public Issue.

Surat Municipal Corporation NCD listing day gains are unpredictable as it depends on many factors on the day of listing. It depends on factors like the demand, the market situation on the day of listing, NCD issue size, etc.