Kerala Infrastructure Investment Fund Board

Corporate · Infrastructure

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Methodology v1.0 Download Report (PDF)
Latest Rating
AA (INDIA_RATINGS)
Total Debt Outstanding
₹9,744 Cr
Across 91 instruments
Listed Bonds
91
First Issue
2023-07-03
Latest Issue
2026-01-21
Maturity Range
2027 - 2036
Observation
91 active bonds tracked from this issuer.
View details →
Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies
01 Issuer Overview
Sector
Infrastructure
Issuer Type
Corporate
First Tracked Bond
2023-07-03
Start of this issuer's debt program timeline
  • 91 active bonds tracked from this issuer.
  • 0 of 91 tracked bonds with a stated security status are secured. (based on 91 bonds with a disclosed security status)

Kerala Infrastructure Investment Fund Board is a corporate issuer in the infrastructure sector. Coupon rates on outstanding bonds range from 8.49% - 9.67%, paid quarterly. Bonds mature between 2027 - 2036.

Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.

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02 Debt Profile
Outstanding Bonds
91
Tracked by RetailBonds
Amount Tracked
₹9,744 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt (disclosed for 56 of 91 bonds)
Avg Coupon
9.26%
Range 8.49% - 9.67%
Avg Remaining Tenure
5.1 Yrs
Nearest maturity 2027-07
Secured
0%
0 of 91 bonds with known status
Callable
0
Of 91 bonds
Avg Spread vs G-Sec
+320 bps
Credit premium (indicative)

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (13 bonds).

0 2027: 3 bonds, ₹357 Cr tracked, avg coupon 8.80% 3 bonds 2027 2028: 9 bonds, ₹893 Cr tracked, avg coupon 9.15% 9 bonds 2028 2029: 12 bonds, ₹1,179 Cr tracked, avg coupon 9.25% 12 bonds 2029 2030: 13 bonds, ₹1,393 Cr tracked, avg coupon 9.26% 13 bonds 2030 2031: 13 bonds, ₹1,386 Cr tracked, avg coupon 9.26% 13 bonds 2031 2032: 13 bonds, ₹1,393 Cr tracked, avg coupon 9.26% 13 bonds 2032 2033: 13 bonds, ₹1,393 Cr tracked, avg coupon 9.26% 13 bonds 2033 2034: 10 bonds, ₹1,036 Cr tracked, avg coupon 9.39% 10 bonds 2034 2035: 4 bonds, ₹500 Cr tracked, avg coupon 9.49% 4 bonds 2035 2036: 1 bond, ₹214 Cr tracked, avg coupon 9.30% 1 bond 2036

Security Type / Instrument Mix

  • NCD 91 bonds · 100% · ₹9,744 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2023: ₹2,500 Cr issued 2023 2024: ₹3,744 Cr issued 2024 2025: ₹2,000 Cr issued 2025 2026: ₹1,500 Cr issued 2026 Cumulative: ₹2,500 Cr Cumulative: ₹6,244 Cr Cumulative: ₹8,244 Cr Cumulative: ₹9,744 Cr

Based on 56 of 91 active bonds with a known issue date and issue size — the rest are excluded, not assumed zero.

03 Credit Profile
  • AA 56 bonds · 62%
  • Unrated 35 bonds · 38%
AgencyRatingOutlookBonds
INDIA_RATINGS AA 30
ACUITE AA 26
INDIA_RATINGS AA Stable 13
ACUITE AA Stable 2
ACUITE AA+ 1

Recent Rating Actions

No rating action history available.

04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade
INE658F08037 KIIFB-8.49%-2-7-27-PVT 8.49% AA (INDIA_RATINGS) 2027-07-02
IN8658F08010 8.95% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES A DATE OF MATURITY 22/12/2027 8.95% 2027-12-22
INE658F08086 8.95% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES A DATE OF MATURITY 22/12/2027 8.95% AA (INDIA_RATINGS) 2027-12-22
INE658F08151 KIIFB-9.10%-26-3-28-PVT 9.10% AA (INDIA_RATINGS) 2028-03-26 9.05% 2026-08-10
IN8658F08085 9.10% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND IN NATURE OF DEBENTURE SERIES II SUB-SERIES A DATE OF MATURITY 26/03/2028 9.10% 2028-03-26
INE658F08011 KIIFB-8.49%-03-7-28-PVT 8.49% AA (INDIA_RATINGS) 2028-07-03
INE658F08227 KIIFB-9.49%-8-10-28-PVT 9.49% AA (ACUITE) 2028-10-08 9.05% 2026-08-04
IN8658F08150 9.49% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES A STRPP DATE OF MATURITY 08/10/2028 9.49% 2028-10-08
IN8658F08051 8.95% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES B DATE OF MATURITY 22/12/2028 8.95% 2028-12-22
INE658F08128 8.95% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES B DATE OF MATURITY 22/12/2028 8.95% AA (ACUITE) 2028-12-22 9.36% 2026-08-24
INE658F08292 KIIFB-9.4%-29-12-28-PVT 9.40% AA (ACUITE) 2028-12-29 9.30% 2026-08-17
IN8658F08259 9.42% UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE BOND IN NATURE OF DEBENTURE SERIES IV STRPPS A DATE OF MATURITY 30/12/2028 9.42% 2028-12-30
INE658F08367 KIIFB-9.49%-25-03-29-PVT 9.49% AA (INDIA_RATINGS) 2029-03-25 9.10% 2026-08-25
IN8658F08291 9.49% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND IN NATURE OF DEBENTURE SERIES V SUB SERIES A DATE OF MATURITY 25/03/2029 9.49% 2029-03-25
INE658F08177 KIFFB-9.10%-26-3-29-PVT 9.10% AA (INDIA_RATINGS) 2029-03-26 9.25% 2026-07-14
IN8658F08101 9.10% UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE BOND IN NATURE OF DEBENTURE SERIES II SUB SERIES B DATE OF MATURITY 26/03/2029 9.10% 2029-03-26
INE658F08045 KIIFB-8.49%-3-7-29-PVT 8.49% AA (ACUITE) 2029-07-03
INE658F08433 KIIFB-9.67%-8-8-29-PVT 9.67% AA (INDIA_RATINGS) 2029-08-08 8.92% 2026-08-25
INE658F08235 KIIFB-9.49%-8-10-29-PVT 9.49% AA (ACUITE) 2029-10-08 9.10% 2026-08-10
IN8658F08168 9.49% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES B STRPP DATE OF MATURITY 08/10/2029. 9.49% 2029-10-08
IN8658F08044 8.95% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES C DATE OF MATURITY 21/12/2029 8.95% 2029-12-21
INE658F08110 8.95% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES C DATE OF MATURITY 21/12/2029 8.95% AA (INDIA_RATINGS) 2029-12-21
INE658F08359 KIIFB-9.4%-28-12-29-PVT 9.40% AA (ACUITE) 2029-12-28 9.38% 2026-08-19
IN8658F08242 9.42% UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE BOND IN NATURE OF DEBENTURE SERIES IV STRPPS B DATE OF MATURITY 30/12/2029 9.42% 2029-12-30
INE658F08508 KIIFB-9.30%-21-01-30-PVT 9.30% AA (ACUITE) 2030-01-21 8.55% 2026-08-25
INE658F08375 KIIFB-9.49%-25-03-30-PVT 9.49% AA (ACUITE) 2030-03-25 9.25% 2026-08-17
IN8658F08309 9.49% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND IN NATURE OF DEBENTURE SERIES V SUB SERIES B DATE OF MATURITY 25/03/2030 9.49% 2030-03-25
INE658F08201 KIIFB-9.10%-26-3-30-PVT 9.10% AA (ACUITE) 2030-03-26
IN8658F08135 9.10% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND IN NATURE OF DEBENTURE SERIES II SUB SERIES C DATE OF MATURITY 26/03/2030 9.10% 2030-03-26
INE658F08029 KIIFB-8.49%-3-7-30-PVT 8.49% AA (INDIA_RATINGS) 2030-07-03
INE658F08441 KIIFB-9.67%-8-8-30-PVT 9.67% AA (INDIA_RATINGS) 2030-08-08 9.00% 2026-08-26
INE658F08284 KIIFB-9.49%-8-10-30-PVT 9.49% AA (INDIA_RATINGS) 2030-10-08
IN8658F08218 9.49% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES C STRPP DATE OF MATURITY 08/10/2030 9.49% 2030-10-08
INE658F08102 8.95% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES D DATE OF MATURITY 20/12/2030 8.95% AA (INDIA_RATINGS) 2030-12-20
IN8658F08036 8.95% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES D DATE OF MATURITY 20/12/2030 8.95% 2030-12-20
INE658F08300 KIIFB-9.4%-30-12-30-PVT 9.40% AA (ACUITE) 2030-12-30 9.00% 2026-08-17
IN8658F08267 9.42% UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE BOND IN NATURE OF DEBENTURE SERIES IV STRPPS C DATE OF MATURITY 30/12/2030 9.42% 2030-12-30
INE658F08524 KIIFB-9.30%-21-01-31-PVT 9.30% AA (INDIA_RATINGS) 2031-01-21 9.08% 2026-08-20
INE658F08383 KIIFB-9.49%-25-03-31-PVT 9.49% AA (ACUITE) 2031-03-25
IN8658F08317 9.49% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND IN NATURE OF DEBENTURE SERIES V SUB SERIES C DATE OF MATURITY 25/03/2031 9.49% 2031-03-25
INE658F08193 KIIFB-9.10%-26-3-31-PVT 9.10% AA (ACUITE) 2031-03-26
IN8658F08127 9.10% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND IN NATURE OF DEBENTURE SERIES II SUB SERIES D DATE OF MATURITY 26/03/2031 9.10% 2031-03-26
INE658F08052 KIIFB-8.49%-03-7-31-PVT 8.49% AA (INDIA_RATINGS) 2031-07-03
INE658F08458 KIIFB-9.67%-8-8-31-PVT 9.67% AA (INDIA_RATINGS) 2031-08-08 9.00% 2026-08-17
INE658F08276 KIIFB-9.49%-8-10-31-PVT 9.49% AA (INDIA_RATINGS) 2031-10-08
IN8658F08200 9.49% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES D STRPP DATE OF MATURITY 08/10/2031 9.49% 2031-10-08
IN8658F08028 8.95% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES E DATE OF MATURITY 22/12/2031 8.95% 2031-12-22
INE658F08094 8.95% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND SERIES E DATE OF MATURITY 22/12/2031 8.95% AA (INDIA_RATINGS) 2031-12-22 8.84% 2026-08-19
INE658F08342 KIIFB-9.4%-30-12-31-PVT 9.40% AA (INDIA_RATINGS) 2031-12-30 9.24% 2026-08-25
IN8658F08283 9.42% UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE BOND IN NATURE OF DEBENTURE SERIES IV STRPPS D DATE OF MATURITY 30/12/2031 9.42% 2031-12-30
Compare (/) Compare Bonds

YTM and Last Trade depend on secondary-market volume — shown only for bonds with a recorded BSE/NSE trade.

05 Market Activity

Last 30 days, across all outstanding bonds from this issuer.

Traded Value (Last 30 Days)
₹0.0 Cr
Number of Trades (Last 30 Days)
252
Avg. Yield (Last 30 Days)
9.06%
06 Regulatory Filings

No regulatory filings captured yet for this issuer.

07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 72 2026-01-31
Rating Actions History 0
Secondary-Market Trades 479 2026-08-26
Reg52(4) Payment Disclosures 0

Methodology version 1.0. See full methodology for sources and limitations.

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Frequently Asked Questions
How many active bonds does Kerala Infrastructure Investment Fund Board have?

Kerala Infrastructure Investment Fund Board currently has 91 active bonds with coupons 8.49% - 9.67%, maturities spanning 2027 - 2036.

What is Kerala Infrastructure Investment Fund Board's credit rating?

The most recent rating on Kerala Infrastructure Investment Fund Board's bonds is AA (INDIA_RATINGS), published by ACUITE, INDIA_RATINGS.

Are Kerala Infrastructure Investment Fund Board's bonds secured?

Of the 91 bonds with a disclosed security status, 0 are secured (0%) and 91 are unsecured.

When do Kerala Infrastructure Investment Fund Board's bonds mature?

Kerala Infrastructure Investment Fund Board's active bonds mature between 2027 - 2036; the nearest matures in 2027-07; the average tenure is 5.1 Yrs.

What is the average coupon on Kerala Infrastructure Investment Fund Board's bonds?

The average coupon across Kerala Infrastructure Investment Fund Board's 91 active bonds is 9.26%.

Disclaimer: This page aggregates publicly available data about Kerala Infrastructure Investment Fund Board for informational purposes only. Ratings shown are the opinion of the issuing rating agency and are not buy/sell recommendations. RetailBonds.in does not issue its own ratings or investment advice. Verify all data against the issuer’s offer document before transacting.