Kotak Mahindra Prime Limited - INE916DA7SJ7
Other Financial Institutions
corporate
Coupon Rate
7.83%
Maturity Date
13 Jul 2028
ISIN
INE916DA7SJ7
Face Value
₹1,00,000
About Issue
This AAA rated bond from Kotak Mahindra Prime Limited, a corporate, offers a Fixed coupon of 7.83% with maturity on 13 July 2028. Issued through the Private placement as under ISIN INE916DA7SJ7, 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
11 Feb 2025
Remaining Tenure
3Y
Security Name
KOTAK MAHINDRA PRIME LIMITED 7.83 NCD 13JL28 FVRS1LAC
Risk Assessment
Credit Rating
Rating
[ICRA]AAA (Stable)
Date of Rating
09 Nov 2023
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