Bond Directory / KINGS INFRA VENTURES LIMITED

KINGS INFRA VENTURES LIMITED

DELETED

11.25% SECURED RATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES I2324 DATE OF MATURITY 13/05/2024.

ISIN

INE050N07AI0

Copied

Essentials

Coupon Rate (Returns)

11.25

Rating

BB-  CRISIL RATINGS LIMITED

Interest Payment Frequency

MATURITY

On Maturity

Maturity after

-5 months

May 13, 2024

Face Value

₹1,000

Coupon Type

Compounding

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

21 Lakhs

Issue Price

₹1,000

Security class

Debentures

Listing details

Not listed

Debenture Trustee

Vistra ITCL (India) Limited

Issue

Private Placement (EBP)

Issuer Details

KINGS INFRA VENTURES LIMITED

Business Sector

148

Issuer Nature type

-

Issuer Ownership

-

Factors

*Rating Agency -CRISIL RATINGS LIMITED

Issue Size

Small

Rating Category*

BB

Tax Saving

No

Mode of Issuance

Private Placement (EBP)

Coupon Type

Compounding

Factors

Issue Size

Small

Rating Category*

BB

Tax Saving

No

Mode of Issuance

Private Placement (EBP)

Coupon Type

Compounding

*Rating Agency - CRISIL RATINGS LIMITED

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?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

BB-

(Mar 19, 2024)

Instruments with this rating are considered to have moderate risk of default regarding timely servicing of financial obligations.

Credit Outlook

Stable

A Stable outlook indicates that the Rating is likely to remain unchanged

Rating Watch

4

-

Repayment Priority

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

None

Security with Collateral?

An investment secured with collateral helps

SECURED

UNSECURED

Type of Guarantee

Guarantee of investment by third-party if company defaults

GUARANTEED

NON GUARANTEED

PARTIAL GUARANTEED

What other details I need to know?

Other Important bond related information that can help you with decision making

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

You may also like...

Earlysalary Services Private Limited

Coupon

11.7500%

Maturity

Dec 2025

Rating

CARE  A-

Type of Bond

Secured - Regular Bond/Debenture

Yield

12.2500%

Price

₹ 1,00,592.75

Krazybee Services Private Limited

Coupon

11.0000%

Maturity

Jan 2026

Rating

CRISIL  A-

Type of Bond

Secured - Regular Bond/Debenture

Yield

12.2500%

Price

₹ 1,00,034.92

Spandana Sphoorty Financial Limited

Coupon

11.1000%

Maturity

Apr 2026

Rating

Ind-Ra  A+

Type of Bond

Secured - Regular Bond/Debenture

Yield

11.4500%

Price

₹ 1,00,760.72

Aye Finance Private Limited

Coupon

10.6000%

Maturity

Jan 2026

Rating

Ind-Ra  A

Type of Bond

Secured - Regular Bond/Debenture

Yield

11.1323%

Price

₹ 99,680.55

Muthoot Microfin Limited

Coupon

11.0000%

Maturity

Jan 2026

Rating

CRISIL  A+

Type of Bond

Secured - Regular Bond/Debenture

Yield

10.6000%

Price

₹ 60,650.77

Indostar Capital Finance Limited

Coupon

9.9500%

Maturity

Feb 2026

Rating

CARE  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

10.5000%

Price

₹ 1,01,057.03

Indostar Capital Finance Limited

Coupon

9.9500%

Maturity

Mar 2025

Rating

CRISIL  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

9.9000%

Price

₹ 1,00,553.54

Yes Bank Limited

Coupon

9.0000%

Maturity

Mar 2026

Rating

CARE  A+

Type of Bond

Subordinate Debt Tier 2

Yield

9.3500%

Price

₹ 10,42,521.19