RightBonds Fixed Income, Simplified

ANDHRA PRADESH STATE BEVERAGES CORPORATION LIMITED

INE0M2307370 Corporate AA Matures Nov 2028

ANDHRA PRADESH STATE BEVERAGES CORPORATION LIMITED is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 8.25%.

Data as of 11 Sept 2026

Yield to Maturity (YTM)
8.25%
Annualised return if held to maturity · 30 Nov 2028
+1.6% vs bank FD
Coupon Rate
9.15%
Paid periodically
Maturity
30 Nov 2028
Principal returned
Tenure
2.2 yr
Remaining
Min. Invest
₹1.0L
Min. ticket
Return
₹19,679
Est. pre-tax

How this yield compares

This bondANDHRA PRADESH STATE BEVERAGES CORPORATION LIMITED
8.25%
Category avgCorporate
10.3%
Fixed Deposit2.2 yr tenure
6.65%

At 8.25% YTM, this bond yields about 1.6 percentage points more than a tenure-matched fixed deposit (6.65%) and sits below the Corporate average - reflecting the credit profile of a AA issuer.

About this bond

ANDHRA PRADESH STATE BEVERAGES CORPORATION LIMITED is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 8.25%. It pays a coupon of 9.15% and matures on 30 Nov 2028, a remaining tenure of about 2.2 yr. It is rated AA, a high credit-safety grade. GripInvest lists this bond with a minimum investment of ₹1.0L.

Its 8.25% yield is solid for its risk band, toward the lower end at 228th of 265 Corporate bonds. That trails the Corporate median of 10.50% by 2.25 points, so the trade-off is lower yield for whatever else this issuer offers. A comparable SBI fixed deposit yields about 6.65%, so this bond adds roughly 1.60 points for taking on credit risk. Its short 2.2 yr horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its very high safety (AA) rating, that leans toward the safety-first end. Compare it against similar bonds on RightBonds before investing.

Investors comparing this bond often also look at Muthoot Fincorp (INE549K08590) at 10.5%, Muthoot Fincorp (INE549K08632) at 10.4% and Muthoot Fincorp (INE549K08533) at 10%.

Bond details

IssuerANDHRA PRADESH STATE BEVERAGES CORPORATION LIMITED
Credit RatingAA
CategoryCorporate
Coupon Rate9.15%
Yield to Maturity8.25%
Maturity Date30 Nov 2028
Listed onGripInvest
Minimum Investment₹1.0L
Face Value₹1,00,000
Principal RepaidIn instalments
Return₹19,679
ISININE0M2307370

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 8.25% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 2.2 yr.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 8.25% ₹1,19,238
5% slab 7.84% ₹1,18,232
20% slab 6.60% ₹1,15,241
30% slab 5.77% ₹1,13,271

At a 9.15% coupon, ₹1,00,000 of face value pays about ₹9,150 of interest a year, under the ₹10,000 Section 193 threshold, so no TDS is withheld.

Slab rates only - surcharge and cess are not included, and the figures assume you hold to maturity. Sold on the exchange after 12 months instead, the gain is taxed as long-term capital gains at 12.5%. Not tax advice.

Against a fixed deposit, in rupees

Same ₹1,00,000, same 2.2 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.65%.

This bond at 8.25%₹1,19,238
Fixed deposit at 6.65%₹1,15,764
Difference+₹3,474

Bond figure compounds the yield annually; the FD compounds quarterly, as a cumulative bank FD does. Both are pre-tax and assume the bond is held to maturity and the issuer pays in full - the AA credit risk is the reason for the gap.