Kerala Infrastructure Investment Fund Board

Kerala Infrastructure Investment Fund Board is an Indian company in the BFSI industry with 56 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 8.49% to 9.67% a year. Maturity dates run from 2 Jul 2027 to 21 Jan 2036. NSDL records 0 of the 56 whose terms it holds as secured. Latest credit ratings on record: Acuite AA (CE) (Stable) (action dated 21 Apr 2026); India Ratings AA (CE) (Stable) (action dated 6 Apr 2026). Verify current terms against the official documents linked on this page.

Data as of 14 Nov 2026 (snapshot 20261114-2051) · How this page is compiled

Issuer overview

Legal name
Kerala Infrastructure Investment Fund Board
LEI
213800Q188S952WWDA51
Company status
Active
Industry
BFSI
Business
Financial Institution
ISIN issuer code
INE658F
Outstanding bonds (ISINs)
56
Stated coupons (fixed rate)
8.49% – 9.67%
Maturity dates
2 Jul 2027 – 21 Jan 2036
Secured (NSDL)
0 of 56
Combined issue size of outstanding bonds
₹9,744 crore
Traded on
BSE

Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.

Kerala Infrastructure Investment Fund Board bonds: ISIN, coupon and maturity

56 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE658F08037 Bond (NCD) 8.49% Quarterly 3 Jul 2023 2 Jul 2027 ₹1,00,000 143 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08086 Bond (NCD) 8.95% Quarterly 22 Dec 2023 22 Dec 2027 ₹1,00,000 214 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08151 Bond (NCD) 9.1% Quarterly 26 Mar 2024 24 Mar 2028 ₹1,00,000 121 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08011 Bond (NCD) 8.49% Quarterly 3 Jul 2023 3 Jul 2028 ₹1,00,000 143 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08227 Bond (NCD) 9.49% Quarterly 8 Oct 2024 8 Oct 2028 ₹1,00,000 129 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08128 Bond (NCD) 8.95% Quarterly 22 Dec 2023 22 Dec 2028 ₹1,00,000 214 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08292 Bond (NCD) 9.42% Quarterly 30 Dec 2024 30 Dec 2028 ₹1,00,000 286 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08367 Bond (NCD) 9.49% Quarterly 25 Mar 2025 25 Mar 2029 ₹1,00,000 71.42 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08177 Bond (NCD) 9.1% Quarterly 26 Mar 2024 26 Mar 2029 ₹1,00,000 121 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08045 Bond (NCD) 8.49% Quarterly 3 Jul 2023 3 Jul 2029 ₹1,00,000 143 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08433 Bond (NCD) 9.67% Quarterly 8 Aug 2025 8 Aug 2029 ₹1,00,000 214 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08235 Bond (NCD) 9.49% Quarterly 8 Oct 2024 8 Oct 2029 ₹1,00,000 129 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08110 Bond (NCD) 8.95% Quarterly 22 Dec 2023 21 Dec 2029 ₹1,00,000 214 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08359 Bond (NCD) 9.42% Quarterly 30 Dec 2024 30 Dec 2029 ₹1,00,000 286 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08508 Bond (NCD) 9.3% Quarterly 21 Jan 2026 21 Jan 2030 ₹1,00,000 214 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08375 Bond (NCD) 9.49% Quarterly 25 Mar 2025 25 Mar 2030 ₹1,00,000 71.42 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08201 Bond (NCD) 9.1% Quarterly 26 Mar 2024 26 Mar 2030 ₹1,00,000 121 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08029 Bond (NCD) 8.49% Quarterly 3 Jul 2023 3 Jul 2030 ₹1,00,000 143 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08441 Bond (NCD) 9.67% Quarterly 8 Aug 2025 8 Aug 2030 ₹1,00,000 214 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08284 Bond (NCD) 9.49% Quarterly 8 Oct 2024 8 Oct 2030 ₹1,00,000 129 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08102 Bond (NCD) 8.95% Quarterly 22 Dec 2023 20 Dec 2030 ₹1,00,000 214 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08300 Bond (NCD) 9.42% Quarterly 30 Dec 2024 30 Dec 2030 ₹1,00,000 286 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08524 Bond (NCD) 9.3% Quarterly 21 Jan 2026 21 Jan 2031 ₹1,00,000 214 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08383 Bond (NCD) 9.49% Quarterly 25 Mar 2025 25 Mar 2031 ₹1,00,000 71.42 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08193 Bond (NCD) 9.1% Quarterly 26 Mar 2024 26 Mar 2031 ₹1,00,000 121 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08052 Bond (NCD) 8.49% Quarterly 3 Jul 2023 3 Jul 2031 ₹1,00,000 143 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08458 Bond (NCD) 9.67% Quarterly 8 Aug 2025 8 Aug 2031 ₹1,00,000 214 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08276 Bond (NCD) 9.49% Quarterly 8 Oct 2024 8 Oct 2031 ₹1,00,000 121 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08094 Bond (NCD) 8.95% Quarterly 22 Dec 2023 22 Dec 2031 ₹1,00,000 214 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08342 Bond (NCD) 9.42% Quarterly 30 Dec 2024 30 Dec 2031 ₹1,00,000 286 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08565 Bond (NCD) 9.3% Quarterly 21 Jan 2026 21 Jan 2032 ₹1,00,000 214 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08391 Bond (NCD) 9.49% Quarterly 25 Mar 2025 25 Mar 2032 ₹1,00,000 71.42 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08185 Bond (NCD) 9.1% Quarterly 26 Mar 2024 26 Mar 2032 ₹1,00,000 121 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08078 Bond (NCD) 8.49% Quarterly 3 Jul 2023 2 Jul 2032 ₹1,00,000 143 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08466 Bond (NCD) 9.67% Quarterly 8 Aug 2025 8 Aug 2032 ₹1,00,000 214 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08268 Bond (NCD) 9.49% Quarterly 8 Oct 2024 8 Oct 2032 ₹1,00,000 129 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08144 Bond (NCD) 8.95% Quarterly 22 Dec 2023 22 Dec 2032 ₹1,00,000 214 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08334 Bond (NCD) 9.42% Quarterly 30 Dec 2024 30 Dec 2032 ₹1,00,000 286 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08516 Bond (NCD) 9.3% Quarterly 21 Jan 2026 21 Jan 2033 ₹1,00,000 214 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08425 Bond (NCD) 9.49% Quarterly 25 Mar 2025 25 Mar 2033 ₹1,00,000 71.42 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08169 Bond (NCD) 9.1% Quarterly 26 Mar 2024 25 Mar 2033 ₹1,00,000 121 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08060 Bond (NCD) 8.49% Quarterly 3 Jul 2023 4 Jul 2033 ₹1,00,000 143 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08474 Bond (NCD) 9.67% Quarterly 8 Aug 2025 8 Aug 2033 ₹1,00,000 214 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08250 Bond (NCD) 9.49% Quarterly 8 Oct 2024 8 Oct 2033 ₹1,00,000 129 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08136 Bond (NCD) 8.95% Quarterly 22 Dec 2023 22 Dec 2033 ₹1,00,000 214 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08326 Bond (NCD) 9.42% Quarterly 30 Dec 2024 30 Dec 2033 ₹1,00,000 286 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08532 Bond (NCD) 9.3% Quarterly 21 Jan 2026 21 Jan 2034 ₹1,00,000 214 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08219 Bond (NCD) 9.1% Quarterly 26 Mar 2024 24 Mar 2034 ₹1,00,000 121 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08409 Bond (NCD) 9.49% Quarterly 25 Mar 2025 25 Mar 2034 ₹1,00,000 71.42 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08482 Bond (NCD) 9.67% Quarterly 8 Aug 2025 8 Aug 2034 ₹1,00,000 214 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08243 Bond (NCD) 9.49% Quarterly 8 Oct 2024 8 Oct 2034 ₹1,00,000 129 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08318 Bond (NCD) 9.42% Quarterly 30 Dec 2024 30 Dec 2034 ₹1,00,000 286 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08540 Bond (NCD) 9.3% Quarterly 21 Jan 2026 21 Jan 2035 ₹1,00,000 214 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08417 Bond (NCD) 9.49% Quarterly 25 Mar 2025 25 Mar 2035 ₹1,00,000 71.42 Unsecured Guaranteed — India Ratings AA (CE) 6 Apr 2026
INE658F08490 Bond (NCD) 9.67% Quarterly 8 Aug 2025 8 Aug 2035 ₹1,00,000 214 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
INE658F08557 Bond (NCD) 9.3% Quarterly 21 Jan 2026 21 Jan 2036 ₹1,00,000 214 Unsecured Guaranteed BSE India Ratings AA (CE) 6 Apr 2026
Notes on this table
  • Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
  • Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
  • "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
  • Prices and yields are not shown. They change with every trade: see BSE and NSE.
  • Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Credit rating.

Kerala Infrastructure Investment Fund Board credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
Acuite AA (CE) Stable Reaffirm 21 Apr 2026 56 Checked 7 Nov 2026
India Ratings AA (CE) Stable Reaffirm 6 Apr 2026 56 Verified by NSDL · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
21 Apr 2026 Acuite AA (CE) Stable Reaffirm
6 Apr 2026 India Ratings AA (CE) Stable Reaffirm
9 Oct 2025 Acuite AA (CE) Stable Reaffirm
16 Sep 2025 India Ratings AA (CE) Stable Reaffirm
15 Sep 2025 India Ratings AA (CE) Stable Reaffirm
23 Jun 2025 India Ratings AA (CE) Stable Reaffirm
6 Jun 2025 Acuite AA (CE) Stable Reaffirm
29 Apr 2025 India Ratings AA (CE) Stable Reaffirm
10 Apr 2025 Acuite AA (CE) Stable Reaffirm
19 Mar 2025 Acuite AA (CE) Stable Reaffirm
19 Mar 2025 India Ratings AA (CE) Stable Reaffirm
29 Jan 2025 Acuite AA (CE) Stable Reaffirm
21 Jan 2025 India Ratings AA (CE) Stable Reaffirm
30 Nov 2024 Acuite AA (CE) Stable Reaffirm
28 Nov 2024 India Ratings AA (CE) Stable Reaffirm

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: India Ratings, Acuite

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
21 Jan 2026 INE658F08508 21 Jan 2030 Placement memorandum on BSE
21 Jan 2026 INE658F08524 21 Jan 2031 Placement memorandum on BSE
21 Jan 2026 INE658F08565 21 Jan 2032 Placement memorandum on BSE
21 Jan 2026 INE658F08516 21 Jan 2033 Placement memorandum on BSE
21 Jan 2026 INE658F08532 21 Jan 2034 Placement memorandum on BSE
21 Jan 2026 INE658F08540 21 Jan 2035 Placement memorandum on BSE
21 Jan 2026 INE658F08557 21 Jan 2036 Placement memorandum on BSE
8 Aug 2025 INE658F08458 8 Aug 2031 Placement memorandum on BSE
8 Aug 2025 INE658F08441 8 Aug 2030 Placement memorandum on BSE
8 Aug 2025 INE658F08466 8 Aug 2032 Placement memorandum on BSE
8 Aug 2025 INE658F08482 8 Aug 2034 Placement memorandum on BSE
8 Aug 2025 INE658F08490 8 Aug 2035 Placement memorandum on BSE
8 Aug 2025 INE658F08433 8 Aug 2029 Placement memorandum on BSE
8 Aug 2025 INE658F08474 8 Aug 2033 Placement memorandum on BSE
8 May 2025 INE658F08367 25 Mar 2029 Placement memorandum on BSE
8 May 2025 INE658F08375 25 Mar 2030 Placement memorandum on BSE
8 May 2025 INE658F08383 25 Mar 2031 Placement memorandum on BSE
8 May 2025 INE658F08391 25 Mar 2032 Placement memorandum on BSE
8 May 2025 INE658F08425 25 Mar 2033 Placement memorandum on BSE
8 May 2025 INE658F08417 25 Mar 2035 Placement memorandum on BSE
8 May 2025 INE658F08409 25 Mar 2034 Placement memorandum on BSE
25 Mar 2025 INE658F08367 23 Mar 2029 Placement memorandum on BSE
25 Mar 2025 INE658F08375 25 Mar 2030 Placement memorandum on BSE
25 Mar 2025 INE658F08383 25 Mar 2031 Placement memorandum on BSE
25 Mar 2025 INE658F08391 25 Mar 2032 Placement memorandum on BSE
25 Mar 2025 INE658F08425 25 Mar 2033 Placement memorandum on BSE
25 Mar 2025 INE658F08409 24 Mar 2034 Placement memorandum on BSE
25 Mar 2025 INE658F08417 23 Mar 2035 Placement memorandum on BSE
17 Feb 2025 INE658F08292 29 Dec 2028 Placement memorandum on BSE
17 Feb 2025 INE658F08359 14 Feb 2025 Placement memorandum on BSE
17 Feb 2025 INE658F08300 30 Dec 2030 Placement memorandum on BSE
17 Feb 2025 INE658F08334 30 Dec 2032 Placement memorandum on BSE
17 Feb 2025 INE658F08326 30 Dec 2033 Placement memorandum on BSE
17 Feb 2025 INE658F08318 29 Dec 2034 Placement memorandum on BSE
17 Feb 2025 INE658F08342 30 Dec 2031 Placement memorandum on BSE
30 Dec 2024 INE658F08334 30 Dec 2032 Placement memorandum on BSE
30 Dec 2024 INE658F08318 29 Dec 2034 Placement memorandum on BSE
30 Dec 2024 INE658F08292 29 Dec 2028 Placement memorandum on BSE
30 Dec 2024 INE658F08359 28 Dec 2029 Placement memorandum on BSE
30 Dec 2024 INE658F08300 30 Dec 2030 Placement memorandum on BSE
30 Dec 2024 INE658F08342 30 Dec 2031 Placement memorandum on BSE
30 Dec 2024 INE658F08326 30 Dec 2033 Placement memorandum on BSE
29 Oct 2024 INE658F08227 8 Oct 2028 Placement memorandum on BSE
29 Oct 2024 INE658F08235 8 Oct 2029 Placement memorandum on BSE
29 Oct 2024 INE658F08284 8 Oct 2030 Placement memorandum on BSE
29 Oct 2024 INE658F08276 8 Oct 2031 Placement memorandum on BSE
29 Oct 2024 INE658F08268 8 Oct 2032 Placement memorandum on BSE
29 Oct 2024 INE658F08250 8 Oct 2033 Placement memorandum on BSE
29 Oct 2024 INE658F08243 8 Oct 2034 Placement memorandum on BSE
8 Oct 2024 INE658F08227 8 Oct 2028 Placement memorandum on BSE

From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.

Company details

Date of incorporation
11 Nov 1999
Class
https://www.kiifb.org/
Registered office
2nd & 3rd Floor, Felicity Square Building, M.G. Road, Koder Lane, Statue, Thiruvananthapuram, 695001
State
Kerala

Kerala Infrastructure Investment Fund Board bonds: questions and answers

What bonds has Kerala Infrastructure Investment Fund Board issued?

Kerala Infrastructure Investment Fund Board has 56 outstanding bonds recorded on this page. By type, as described by NSDL: 56 bond (ncd).

What are the ISINs of Kerala Infrastructure Investment Fund Board bonds?

Its 56 outstanding bonds each have their own ISIN, for example INE658F08037, INE658F08086, INE658F08151. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE658F.

What coupon rates do Kerala Infrastructure Investment Fund Board bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 8.49% to 9.67% a year on face value. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.

When do Kerala Infrastructure Investment Fund Board bonds mature?

Its outstanding bonds have maturity dates from 2 Jul 2027 to 21 Jan 2036. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Kerala Infrastructure Investment Fund Board bonds?

NSDL India Bond Info records Acuite AA (CE) (Stable) (action dated 21 Apr 2026); India Ratings AA (CE) (Stable) (action dated 6 Apr 2026) on its outstanding bonds. Checked on NSDL on 7 Nov 2026. A rating is the agency's opinion and can change at any time.

Are Kerala Infrastructure Investment Fund Board bonds secured, unsecured or guaranteed?

NSDL records 0 of the 56 outstanding bonds whose terms it holds as secured and 56 as unsecured. 56 are recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.

Where can investors find the original disclosure documents for Kerala Infrastructure Investment Fund Board bonds?

Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.

How can investors check the current market price or yield of Kerala Infrastructure Investment Fund Board bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.

Sources and dates

Data as of 14 Nov 2026 (snapshot 20261114-2051). Facts on this page last changed on 9 Nov 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.

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Bond Interpretation is an information resource on Indian corporate bond issuers, published by Newsinterpretation. It covers the companies behind corporate bonds and non-convertible debentures (NCDs): their outstanding bonds with ISIN-level terms, credit ratings as recorded by the depository, private placements and public NCD issues. It brings together depository (NSDL India Bond Info), exchange (BSE and NSE) and company records, and shows the source and date of each fact. The pages are compiled automatically from those records. Bond Interpretation publishes no credit ratings, opinions or recommendations to buy, sell or hold of its own.

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