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Instrument Details

ISIN: INE975F07HI9

Face value

₹10,00,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

275

Instrument Type

Debenture

Returns

Low

Date of Issue

27 Jul 2021

Maturity Date

19 Oct 2023

Perpetual

Yes

Listing Status

Listed

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 MAHINDRA INVESTMENTS LIMITED SR 002 NCD 19OT23 FVRS10LAC
Kotak Mahindra Investments Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE975F07HI9, with a face value of ₹10,00,000 rs on 27Jul21 to raise 275 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES KMIL/2021-22/002.DATE OF MATURITY 19/10/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 30Jul21. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 05Jul21. This issuer is formerly known as HAMKO FINANCIAL SERVICES 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

0%

Returns

Low

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 INE975F07HI9 issued by Kotak Mahindra Investments Limited

The instrument name of INE975F07HI9 ISIN is KOTAK MAHINDRA INVESTMENTS LIMITED SR 002 NCD 19OT23 FVRS10LAC.
Never, as INE975F07HI9 bond issued by Kotak Mahindra Investments Limited is a Zero-coupon bond.
This INE975F07HI9 bond issued by Kotak Mahindra Investments 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 INE975F07HI9 bond issued by Kotak Mahindra Investments Limited is 0%.
The INE975F07HI9 Debenture is issued by Kotak Mahindra Investments Limited, a Private Sector company.
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