Security Name: 8.3721% Kotak Mahindra Investments Limited 20 Aug 2027
ISIN:
INE975F07IS6
Taxable
Tax Category
20 Aug, 2027
Maturity Date
(2 Yr 17 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
21 Mar, 2024
Allotment Date
NA
Put Date
21 Aug, 2025
Next Interest Payment Date
10 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
₹NaN
Dirty Price
8.3721%
Coupon
Fixed Interest
Coupon Basis
8.2233%
Current Yield
11 Aug, 2025
Record Date
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
Kotak Mahindra Investments Limited
KMIL was set up in fiscal 1989, to hold the strategic investments of the Kotak group. Subsequently, the company diversified into the capital market lending segment and, in fiscal 2014, into commercial real estate financing. It also houses a corporate lending portfolio of the Kotak group. Starting fiscal 2020, any additional business in the loan against securities segment has been stopped in line with RBI’s directive and the existing portfolio has been largely run down.
The ratio in FY25 is 5.93x and it was 8.34x in FY24, indicating decrease in the debt level due to significant decrease in the borrowings of the issuer in FY25.
Debt/EBITDA
The ratio in FY25 is 1.83x and it was 1.91x in FY24, indicating a decline in the issuer’s debt servicing ability, primarily due to increased provisions for bad loans.
Interest coverage ratio
Recent News
Unaware of US investor’s link to Hindenburg: Kotak
Sep 02, 2024 | Kotak Mahindra Investments Limited
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STEPS TO BUY THIS BOND
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
Clean Price
Yield (YTM)
Principal Amount
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BOND VALUE DETAILS
Face Value
Market Value
Stamp Duty
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Total Investment
| Cashflow for INE975F07IS6 |
|---|
| Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
|---|
| Security Name |
|---|
| 8.3721% Kotak Mahindra Investments Limited 20 Aug 2027 |
| Credit Rating |
|---|
| AAA Stable by ICRA AAA Stable by CRISIL |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 8.372100% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 20/08/2027 |
| Security |
|---|
| Senior Secured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Aug 05,2025 |
| Principal Amount |
|---|
| ₹1,01,809.7 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹1,01,809.7 |
| Price |
|---|
| ₹101.8097 |
| Yield |
|---|
| 0% |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
|---|
Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
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