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Instrument Details

ISIN: INE975F07HL3

Face value

₹10,00,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

200

Instrument Type

Debenture

Returns

Low

Date of Issue

16 Nov 2021

Maturity Date

16 Nov 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

Senior

Guarantee Type

Non Convertible

About this Bond

KOTAK MAHINDRA INVESTMENTS LIMITED SR I NCD 16NV23 FVRS10LAC
Kotak Mahindra Investments Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE975F07HL3, with a face value of ₹10,00,000 rs on 16Nov21 to raise 200 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 SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I. DATE OF MATURITY 16/11/2023. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 18Nov21. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 09Nov21. 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
17 Nov 2021
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

Bond Rating

AAA

Seniority in Repayment

Senior

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 INE975F07HL3 issued by Kotak Mahindra Investments Limited

The instrument name of INE975F07HL3 ISIN is KOTAK MAHINDRA INVESTMENTS LIMITED SR I NCD 16NV23 FVRS10LAC.
Never, as INE975F07HL3 bond issued by Kotak Mahindra Investments Limited is a Zero-coupon bond.
This INE975F07HL3 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 INE975F07HL3 bond issued by Kotak Mahindra Investments Limited is 0%.
The INE975F07HL3 Debenture is issued by Kotak Mahindra Investments Limited, a Private Sector company.
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