08.89% KERALA FINANCIAL CORPORATION 13-MAR-2031 (SECURED NCD)

KERALA FINANCIAL CORPORATION

INE818F07260

I.M

Term Sheet

Bond Detail

Bond's Rating

Rating Agency	Rating	Remarks	Rating Rationale

Face Value
1,00,000.00

Coupon Rate
8.89%

Issue Date
13 Mar 2024

Maturity Date
13 Mar 2031

Remainig Period
6 y 4 m 25 d

Tax Free
No

Int. Payment Type
Simple

Int. Frequency
Quarterly

TDS on Interest
Yes

Call Option

Put Option

Govt. Guarantee
No

Listing
Yes

Yield to Maturity
9.16%

Mode of Issue
Private

Coupon Type
Fixed Interest

IP Dates
13-Mar

Available Quantity
ONLY 10 LACS

Security
Secured

Seniority Repay
Senior

Registrar Details

Issue Details

Issue Size
0.00 Crores

Business Sector
CORPORATES

Ownership
NONPSU

Debenture Trustee

Key Highlights

Credit Ratings

Low SafetyHigh Safety

About Issuer

KERALA FINANCIAL CORPORATION

Kerala Financial Corporation, established under the State Financial Corporations Act of 1951, is a public sector enterprise under the Government of Kerala. Its primary goal is to promote industrialization in the state by providing financial support to micro, small, and medium enterprises in manufacturing and service sectors.