Kotak Mahindra Investments Limited
ACTIVE
ISIN: INE975F07ID8
Issuer Details
Issuer Name
KOTAK MAHINDRA INVESTMENTS L...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
8.1577%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U65900MH1988PLC047986
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
IDBI Trusteeship Services Li...
Instrument Details
Instrument name as on NSDL
8.1577% SECURED RATED LISTED...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
276
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
23-02-2023
Redemption Date
23-02-2026
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
debt securities are secured to the tune of 100% of the principal and interest amount or as per the terms of the Disclosure Documents, in favour of Debenture Trustee
Asset Type
Details of the security
Others, Please Specify
debt securities are secured to the tune of 100% of the principal and interest amount or as per the terms of the Disclosure Documents, in favour of Debenture Trustee
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About Kotak Mahindra Investments Limited bond with ISIN: INE975F07ID8
In the competitive landscape of fixed income securities, detailed and comprehensive information is vital for both investors and market analysts. This bond, identified by the unique ISIN INE975F07ID8, represents a significant financial instrument. Issued by KOTAK MAHINDRA INVESTMENTS LIMITED, it comes with the following description: "8.1577% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES TRANCHE 04 DATE OF MATURITY 23/02/2026". Although the bond is currently marked as active, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, KOTAK MAHINDRA INVESTMENTS LIMITED, classified as Non PSU, plays an essential role in the market despite some details such as sector, industry, and issuer nature not being explicitly provided. Key identifiers like the Corporate Identification Number (CIN) U65900MH1988PLC047986 further bolster its credibility. With a coupon rate of 8.1577, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of IDBI Trusteeship Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 276. It was allotted on 2/23/2023 and is scheduled for redemption on 2/23/2026. Categorized under "PLAIN VANILLA DEBENTURES" and defined as Secured, the instrument is structured to meet specific investment objectives. Although options such as call or put are not applicable in this instance, the core attributes remain detailed and robust. A critical element in evaluating any fixed income instrument is its credit rating. The bond carries a credit rating of AAA as provided by CRISIL RATINGS LIMITED. In the market, ratings typically range from D to AAA, and a rating of AAA is generally considered to be on the riskier end of the spectrum. This insight helps potential investors understand that while the ratings spectrum is broad, a lower rating can indicate higher risk, prompting careful consideration before investing. The security measures add another layer of assurance. The asset cover is described as follows: debt securities are secured to the tune of 100% of the principal and interest amount or as per the terms of the Disclosure Documents, in favour of Debenture Trustee – a feature that, while requiring further inquiry for complete details, underscores the issuer’s commitment to providing some level of investor protection. Furthermore, the bond is supported by several documents. The bond is supported by a variety of documents including Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, CRISIL RATINGS LIMITED_-. These documents serve as a reference for additional details and provide transparency to interested parties. Additionally, there are similar bonds in the market such as the bond with ISIN INE975F08CT5 having a coupon rate of 8.55% and the bond with ISIN INE975F07IE6 having a coupon rate of 8.1379% and the bond with ISIN INE975F08CS7 having a coupon rate of 8.35% and the bond with ISIN INE975F07IC0 having a coupon rate of 7.9915%. Such comparable instruments offer a broader perspective on market positioning and allow investors to perform benchmark analysis. This detailed description is crafted to meet rigorous content standards and to offer exhaustive insights into every facet of the bond’s structure. Investors, analysts, and researchers alike can derive substantial value from this narrative, which underscores both the instrument’s inherent characteristics and its broader market positioning. Such elaborate coverage enhances investor confidence by providing a rich, comprehensive content base. Every element from issuance details to security measures and comparative insights is meticulously presented to facilitate an informed and robust market understanding.