9.15% Kotak Infrastructure Debt Fund Limited - AAA Rated (INE905Y07043)

Kotak Infrastructure Debt Fund Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE905Y07043, with a face value of ₹10,00,000 rs on 30May19 to raise 100 crores. The debt instrument is issued with a coupon rate of 9.15% 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 9.15% SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES KIDF/2019-20/001. DATE OF MATURITY 28/06/2024. 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 12Jun19. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 20May19. 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.