Andhra Pradesh State Beverages Corporation Limited
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8.35%
Yield
Tenure
3Y 8M 16D
Maturity Date
31 May 2030
Coupon Frequency
Quarterly
Face Value
₹10,00,000
Nature
Secured
Coupon Rate
9.62%
About the Issuer
Andhra Pradesh State Beverages Corporation Limited (APSBCL) came into existence in Guntur in August 2015 to handle wholesale and retail sales of alcohol and other spirits, including industrial-grade variants, as an arm of the state government's liquor trade; actual business began the following year, in May 2016. From October 2019 onward, it has held sole rights to retail liquor throughout Andhra Pradesh, making it the state's only authorized liquor distributor. A shift in this model came via G.O. No. 211 dated 30.09.2024, which transferred 3,736 retail outlets across 26 districts to private players, even as the Corporation retained direct control of 30 wholesale depots. Two legal changes have shaped its authority over welfare functions: a December 2021 amendment to the Andhra Pradesh (Regulation of Trade in Indian Made Foreign Liquor and Foreign Liquor) Act, 1993, which gave it statutory status and the power to carry out state-assigned welfare initiatives, and Ordinance No. 6 of 2024, passed in September 2024, which confirmed its ongoing mandate to implement welfare programs as directed by the GoAP. Its board comprises Mr. Srinivasarao Nallagonda, Mr. Sridhar Chamakuri, Mr. Rahul Dev Sharma, Mr. Mukesh Kumar Meena, and Mr. D Ronald Rose.
Coupon ladder
Payment schedule of interest and principal
₹23,984
₹23,721
₹24,248
₹24,181
₹23,919
₹23,919
₹24,181
₹23,984
₹23,984
₹23,984
₹23,984
₹23,984
₹23,984
₹23,984
₹23,984
₹24,775
₹23,984
₹23,193
₹24,775
₹24,181
₹23,919
₹23,919
₹24,181
₹24,248
₹23,984
₹23,721
₹24,248
₹2,74,248
₹2,67,988
₹2,61,860
₹2,56,062
Bond Trading History
Trading history isn’t available for this instrument yet.
Data as of 16-Sep-2026
