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8.66% Kotak Investment Advisors Limited - AAA Rated (INE03BW08028)
In-activePrivate SectorUnsecured
Instrument Details
ISIN: INE03BW08028
Face value
₹1,00,00,000
Coupon rate
8.66%
Payment
Semi Annually
Tax Type
Taxable
Issue Size (Cr)
25
Instrument Type
Debenture
Returns
High
Date of Issue
09 Jul 2020
Maturity Date
07 Jul 2023
Perpetual
Yes
Listing Status
Unlisted
Rating status
AAA (CRISIL Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Unsecured
Asset Coverage
-
Seniority in Repayment
None
Guarantee Type
Non Convertible
About this Bond
KOTAK INVESTMENT ADVISORS LIMITED SERIES B 8.66 NCD 07JL23 FVRS1CR
Kotak Investment Advisors Limited, a Other Financial Services company, has floated Debenture,
having ISIN value as INE03BW08028, with a face value of ₹1,00,00,000 rs on 09Jul20 to raise 25 crores. The debt instrument
is issued with a coupon rate of 8.66% and its interest is paid
Semi 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 8.66% UNSECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES B. DATE OF MATURITY 07/07/2023. 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 16Mar20. This issuer is formerly known as KOTAK MAHINDRA SECURITIES LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
Investment Calculation (Pre-Tax)
Below is an indicative cash-flow on investment, actual cash-flow may differ.
Face Value
₹1,00,00,000
Lot Size
100
Minimum Investment
₹1,00,00,00,000
Cashflow
₹1,00,00,00,000
09-Jul-20 : Your investment
₹4,33,00,000
09-Jan-21 : Interest
₹4,33,00,000
09-Jul-21 : Interest
₹4,33,00,000
09-Jan-22 : Interest
₹4,33,00,000
09-Jul-22 : Interest
₹4,33,00,000
09-Jan-23 : Interest
₹2,47,77,222
07-Jul-23 : Interest
₹1,24,12,77,222
07-Jul-23 : Maturity amount (Investment: ₹1,00,00,00,000, Interest earned: ₹24,12,77,222)
Summary
Instrument Attributes
Value
Coupon Rate
8.66%
Returns
High
Bond Rating
AAA
Seniority in Repayment
None
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Other Financial Services
HEAD OFFICE
Mumbai
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Kotak Investment Advisors Limited
FAQs about INE03BW08028 issued by Kotak Investment Advisors Limited
What is the instrument name of INE03BW08028 ISIN?
The instrument name of INE03BW08028 ISIN is KOTAK INVESTMENT ADVISORS LIMITED SERIES B 8.66 NCD 07JL23 FVRS1CR.
How frequently is the interest paid on INE03BW08028 bond issued by Kotak Investment Advisors Limited?
The interest earned from INE03BW08028 bond issued by Kotak Investment Advisors Limited is paid Semi Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE03BW08028 bond issued by Kotak Investment Advisors Limited?
This INE03BW08028 bond issued by Kotak Investment Advisors Limited has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE03BW08028 bond issued by Kotak Investment Advisors Limited?
This Debenture offers a coupon rate of 8.66%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE03BW08028 Debenture?
The INE03BW08028 Debenture is issued by Kotak Investment Advisors Limited, a Private Sector company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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