Mutual Funds Equity Funds Nippon India Small Cap Fund – Growth

KERALA FINANCIAL CORPORATIONActive

8.89% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES I 2024 STRPP D DATE OF MATURITY 13/03/2033

Issue Details
Issue Size

61.40 Crores

Issue Price

₹1,00,000

Security class

Debentures

Listing details

BSE

Debenture Trustee

Beacon Trusteeship Ltd

Issue

Private Placement (EBP)

Issuer Details

KERALA FINANCIAL
CORPORATION

Issue Size

61.40 Crores

Issue Price

₹1,00,000

Security class

Debentures

Factors
Issue Size

Large

Tax Saving

No

Mode of Issuance

Private Placement (EBP)

Coupon Type

BSE

Issue Details
Coupon Rate (Returns)

8.89

Rating

Interest Payment Frequency

QUARTERLY
Once Every Quarter

Maturity after

7 years 5 months
Mar 13, 2033

Face Value

₹1,00,000

Coupon Type

Simple

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Note: Pursuant to the provisions of Section 193 of the Income Tax Act, 1961, as amended, effective from 1st April 2023, TDS will be deducted at the rate of 10% (or such other rates as may be notified from time to time) on any interest payable on any security issued by a company other than securities issued by the Central Government or a State Government. The listing of products above: (a) should not be considered an advertisement, endorsement, or recommendation to invest. Please use your own discretion before you transact. (b) is in compliance with regulatory framework as applicable for Online Bond Platform Provider (c) at their given price or yield are subject to availability and market cut-off timings.

What is my risk?
Repayment Priority

Higher the level, higher the priority of investment repayment on default

Senior

Security with Collateral?

An investment secured with collateral helps

Secured

Type of Guarantee

Guarantee of investment by third-party if company defaults

Guaranteed

Credit Rating
Credit Rating

None

Credit Outlook

Rating Watch

What other details I need to know?

Coupon and Interest Details

Coupon Basis

N/A

Step Up/Down Coupon
Basis

N/A

Infrastructure Category

No

Coupon Payment Date

QUARTERLY

Interest Rate Up to

Mar 13, 2033

Interest Rate Link Up to

Refer Annexure

Additional Details

Allotment Date

Mar 13, 2024

First Payment date

Jun 13, 2024

Day Count

Actual/actual

Taxable

No

Put Description

Call Description

Registrar Details

Cameo Corporate Services Ltd

Redemption Details

Type of Redemption

Partial Redemption by Face Value

Defaulted in Redemption

Not Applicable

Redemption Premium Details

N/A

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