Surat Municipal Corporation About us
One of the leading firms, the Surat Municipal Corporation, was established in 1966 and began operations in areas such as city planning, waste management, water supply, and other public services.
The Surat Municipal Corporation is known for its good waste management and smart city work. It utilizes modern technology to make life easier for people, offer online services, and maintain a clear and transparent administration.
Surat Municipal Corporation runs eco-friendly projects and community programs to make city life better. Because of its work, Surat is becoming one of the cleanest and fastest-growing cities in India. The NCD of Surat Municipal Corporation starts for opening from October 6, 2025, to October 9, 2025.
Surat Municipal Corporation NCD October 2025 Details
| NCD Issue Open | October 6, 2025 |
| NCD Issue Close | October 9, 2025 |
| NCD Issue Size | Base: 100 Cr. | Shelf: [.] Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 8.16% ** (Annually) |
| Minimum Investment | 10 Bonds (₹10,000) |
| Listing on | BSE, NSE Platform |
| Credit Rating | IND AA+/Stable by India Ratings & Research Private Limited and CRISIL AA+ Stable by Crisil Ratings Limited |
| Tenor | 4 Years and 5 Years |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document | Click Here |
| RHP Document | Click Here |
Surat Municipal Corporation NCD October 2025 Promoters
- The Company has no identifiable promoters and is a professionally managed company.
How to Apply Surat Municipal Corporation NCD October 2025 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.
Surat Municipal Corporation NCD Review
- May Apply
Surat Municipal Corporation NCD October 2025 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 4 Years | NA | 8.00% | 8.16% |
| 2 | 5 Years | NA | 8.00% | 8.16% |
Surat Municipal Corporation NCD Allocation Ratio
| Category | Allocation |
| Institutional | 60% |
| Non-Institutional | 25% |
| HNI | 15% |
Surat Municipal Corporation NCD October 2025 Lead Manager
- A.K.Capital Services Ltd.
Surat Municipal Corporation NCD October 2025 Allotment Status
- Surat Municipal Corporation NCD issue allotment available on KFintech.
Surat Municipal Corporation NCD October 2025 Registrar
Kfin Technologies Ltd.
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://ipostatus.kfintech.com/
Company Information
Surat Municipal Corporation
Surat Mahanagar Seva Sadan,
Gordhandas Chokhawala Marg
Muglisara
Surat, Gujarat, 395003
Phone: +91-261-2423750
Email: [email protected]
Website: http://www.suratmunicipal.gov.in/
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How to apply DMC NCD
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