Kotak Mahindra Prime Limited - INE916DA7SH1
Other Financial Institutions
corporate
Coupon Rate
7.97%
Maturity Date
22 May 2026
ISIN
INE916DA7SH1
Face Value
₹1,00,000
About Issue
This AAA rated bond from Kotak Mahindra Prime Limited, a corporate, offers a Fixed coupon of 7.97% with maturity on 22 May 2026. Issued through the Private placement as under ISIN INE916DA7SH1, this is one of the highest-rated credit instruments, representing maximum safety and stability. Ideal for conservative investors prioritizing capital protection without compromising on returns, while aiming for superior yields compared to traditional FDs or government securities.
Key Attributes
Rating
[ICRA]AAA (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
175.00 Cr
Allotment Date
13 Sep 2023
Remaining Tenure
10M
Security Name
KOTAK MAHINDRA PRIME LIMITED 7.97 NCD 22MY26 FVRS1LAC
Risk Assessment
Credit Rating
Rating
[ICRA]AAA (Stable)
Date of Rating
09 Nov 2023
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