Kotak Infrastructure Debt Fund Limited - AAA Rated (INE905Y07035)

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.