Nashik Municipal Corporation Business Overview
Founded on 7 November 1982, the Nashik Municipal Corporation is the governing body of the city of Nashik, in the indian state of Maharashtra. This municipal corporation has democratically elected members, is headed by a mayor, and administers public services and police.
The Nashik corporation assists the general public by providing various services, including water supply, sanitation, healthcare, and road maintenance, to promote the city’s growth. This corporation is in charge of managing the city’s administration, planning urban development, and maintaining civic infrastructure. Nashik Municipal Corporation is responsible for improving the infrastructure of the town.Â
Nashik Municipal Corporation NCD February 2026 Details
| NCD Issue Open | February 25, 2026 |
| NCD Issue Close | March 2, 2026 |
| Issue Size (Base) | â‚ą100 Crores |
| Overall Issue Size | â‚ą200 Crores |
| Price Band | â‚ą1000 per NCD |
| Interest Rate | Up to 8.20% ** (Annually) |
| Minimum Investment | 10 Bonds (â‚ą10,000) |
| Listing on | BSE, NSE Platform |
| Tenor | 3, 4, 5, 6, 7, 8, 9, and 10 Years |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document |  |
| RHP Document | |
NCD Rating
| Rating Agency | NCD Rating |
| India Ratings & Research Private Limited | IND AA+/Stable |
| Crisil Ratings Limited | CRISIL AA+ Stable |
Nashik Municipal Corporation NCD February 2026 Promoters
- To be updated soon.
How to Apply Nashik Municipal Corporation NCD February 2026 Issue?
You can apply from your existing Demat account online and offline. You can apply by downloading the form from the official website and filling up all the details with the cheque for the said amount. You can submit it to the collection centers.
Nashik Municipal Corporation NCD Review
- May Apply
Nashik Municipal Corporation NCD February 2026 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 3 Years | Half Yearly | 8.05% | 8.20% |
| 2 | 4 Years | Half Yearly | 8.05% | 8.20% |
| 3 | 5 Years | Half Yearly | 8.05% | 8.20% |
| 4 | 6 Years | Half Yearly | 8.05% | 8.20% |
| 5 | 7 Years | Half Yearly | 8.05% | 8.20% |
| 6 | 8 Years | Half Yearly | 8.05% | 8.20% |
| 7 | 9 Years | Half Yearly | 8.05% | 8.20% |
| 8 | 10 Years | Half Yearly | 8.05% | 8.20% |
Nashik Municipal Corporation NCD Allocation Ratio
| Category | Allocation |
| Institutional | -% |
| Non-Institutional | -% |
| HNI | -% |
| Retail | -% |
Nashik Municipal Corporation NCD February 2026 Lead Manager
- A.K.Capital Services Ltd.
Nashik Municipal Corporation NCD February 2026 Allotment Status
- Nashik Municipal Corporation NCD issue allotment available on Purva Shares.
Nashik Municipal Corporation NCD February 2026 Registrar
Purva Sharegistry (India) Pvt. Ltd.
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: https://www.purvashare.com/investor-service/ipo-query
Company Information
Nashik Municipal Corporation
Rajiv Gandhi Bhavan,
SharanpurRoad,
Nashik, Maharashtra, 422002
Phone: 0253-2579983
Email: nmc.bond200@gmail.com
Website: https://www.nmc.gov.in/
