14% Kairos Property Managers Private Limited - BBB Rated (INE09BC08019)

Kairos Property Managers Private Limited, a Real Estate related services company, has floated Debenture, having ISIN value as INE09BC08019, with a face value of ₹1,00,000 rs on 02Jul19 to raise 725 crores. The debt instrument is issued with a coupon rate of 14% 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 Unsecured Debenture is 14% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 01/07/2029. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 16Jul19. CARE RATINGS LIMITED has given BBB rating to this Debenture on 27Jun19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.