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Instrument Details

ISIN: INE905Y07035

Face value

₹10,00,000

Coupon rate

Variable Coupon

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

150

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

29 Jun 2018

Maturity Date

28 Jul 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

AAA (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

KOTAK INFRASTRUCTURE DEBT FUND LIMITED SR KIDF/18-19/001 8.80 28JL23 FVRS10LAC
Kotak Infrastructure Debt Fund Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE905Y07035, with a face value of ₹10,00,000 rs on 29Jun18 to raise 150 crores. The debt instrument is issued with a coupon rate of FBIL 1Y T-BILL BENCHMAKR LINKED (i.e. FBIL 1Y T-BILL AS ON 28/06/18 PLUS 1.71% i.e. 7.09% + 1.71%) and its interest is paid Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is FBIL 1 YEAR T-BILL BENCHMARK LINKED SECURED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES KIDF/2018-19/001. DATE OF MATURITY 28/07/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 12Mar18. This issuer is formerly known as KOMAZ FINANCIAL SERVICES LTD, KOTAK FOREX BROKERAGE LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
AAA
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Date Verified
28 Feb 2022
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

Variable Coupon

Returns

Linked to Markets

Bond Rating

AAA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE905Y07035 issued by Kotak Infrastructure Debt Fund Limited

The instrument name of INE905Y07035 ISIN is KOTAK INFRASTRUCTURE DEBT FUND LIMITED SR KIDF/18-19/001 8.80 28JL23 FVRS10LAC.
The interest earned from INE905Y07035 bond issued by Kotak Infrastructure Debt Fund Limited is paid Annually, ensuring regular and consistent income for investors.
This INE905Y07035 bond issued by Kotak Infrastructure Debt Fund Limited has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE905Y07035 bond issued by Kotak Infrastructure Debt Fund Limited is FBIL 1Y T-BILL BENCHMAKR LINKED (i.e. FBIL 1Y T-BILL AS ON 28/06/18 PLUS 1.71% i.e. 7.09% + 1.71%).
The INE905Y07035 Debenture is issued by Kotak Infrastructure Debt Fund Limited, a Private Sector company.
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