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8.89% KERALA FINANCIAL CORPORATION 13/Mar/2032

INE818F07278
Issuer: KERALA FINANCIAL CORPORATIONi
Bond Type: high-return Bond
Information Memorandum (I.M.)Term Sheet*(Eligible Investors - Individual,HUF,Corporate,Trust)

SNAPSHOT

Face Value (In INR) and Issue Size (In INR Crores)presented by :Definedge
Face Value100,000.00
Coupon Rate8.8900% (Fix)
Issue Date13/Mar/2024
Maturity Date13/Mar/2032
Remaining Period6Y 0M 1D
Tax FreeNo
Interest Payment TypeSimple
Interest FrequencyQuarterly
Issue Size (In Crores)100.00
Max. Available Quantity1
TDS on InterestYes
Call OptionN.A.
Put OptionN.A.
Govt GuaranteeNo
SecuritySenior Secured

BONDS RATING

Rating AgencyAcuite (SMERA), Infomerics
RatingAA, AA
Rating Rationale Click HereClick Here
Remarks

ISSUER

Issuer TypePSU
Issuer’s Linkhttps://www.kfc.org/
About Issuer

Kerala financial corporation has 16 Branch Offices with its Head Quarters at Thiruvananthapuram and Zonal Offices at Kozhikode, Ernakulam and Thiruvananthapuram. The main objective of KFC is the rapid industrialization of the state by extending financial assistance to Micro, Small and Medium Enterprises in manufacturing and service sector. Since inception KFC has disbursed over Rs. 3000 Crores to more than 40,000 projects, spread over the length and breadth of the State. The Corporation is the first PSU in Kerala and first SFC in India to initiate Corporate Social Responsibility activity.

About Issuer

Kerala financial corporation has 16 Branch Offices with its Head Quarters at Thiruvananthapuram and Zonal Offices at Kozhikode, Ernakulam and Thiruvananthapuram. The main objective of KFC is the rapid industrialization of the state by extending financial assistance to Micro, Small and Medium Enterprises in manufacturing and service sector. Since inception KFC has disbursed over Rs. 3000 Crores to more than 40,000 projects, spread over the length and breadth of the State. The Corporation is the first PSU in Kerala and first SFC in India to initiate Corporate Social Responsibility activity.

NAME OF DEBENTURE TRUSTEE

Beacon Trusteeship Ltd

REMARKS

Please Consider The Risk Before Investing.

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