The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE0JX408018

Face value

₹1,00,000

Coupon rate

RESET RATE (REFER REMARK)

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

16.5

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

09 Dec 2021

Maturity Date

12 Sep 2031

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 1

Guarantee Type

Non Convertible

About this Bond

KAIRAV DEVELOPERS LIMITED RR NCD 09DC31 FVRS1LAC
Kairav Developers Limited, has floated Debenture, having ISIN value as INE0JX408018, with a face value of ₹1,00,000 rs on 09Dec21 to raise 16.5 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMARK) and its interest is paid on Maturity. 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 Unsecured Debenture is RESET RATE UNSECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE.DATE OF MATURITY 09/12/2031. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
N/A
Not Rated
check
Date Verified
N/A
check
Outlook
N/A
logo
Seniority in Repayment
Subordinate Tier 1
logo
Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

RESET RATE (REFER REMARK)

Returns

Linked to Markets

Bond Rating

Unrated

Seniority in Repayment

Subordinate Tier 1

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Others
Head Office
HEAD OFFICE
Kolkata
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE0JX408018 issued by Kairav Developers Limited

The instrument name of INE0JX408018 ISIN is KAIRAV DEVELOPERS LIMITED RR NCD 09DC31 FVRS1LAC.
The interest earned from the INE0JX408018 bond issued by Kairav Developers Limited is paid at the time of maturity
This INE0JX408018 bond issued by Kairav Developers Limited does not currently have an assigned credit rating
The coupon rate of INE0JX408018 bond issued by Kairav Developers Limited is RESET RATE (REFER REMARK).
The INE0JX408018 Debenture is issued by Kairav Developers Limited, a Private Sector company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow