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NCD

KERALA INFRASTRUCTURE INVESTMENT FUND BOARD

ISIN: INE658F08508

9.30%Coupon rate
Payouts : Quarterly
Maturity Date : 21 Jan 2030
9.30%
Coupon rate
N/A
Min Investment
Quarterly
Payout
₹ 1,00,000
Face Value
9.30%
Coupon
21 Jan 2030
Maturity Date

About The Issuer

The Kerala Infrastructure Investment Fund Board (KIIFB) is a statutory body established by the Government of Kerala under the Kerala Infrastructure Investment Fund Act, 1999. Its primary objective is to mobilize funds for critical and large infrastructure projects in the state, covering sectors such as transport, water sanitation, energy, social and commercial infrastructure, and IT and telecommunications. KIIFB acts as the nodal agency for scrutinizing, approving, and funding major infrastructure projects, including public-private partnership initiatives. The Board is chaired by the Chief Minister of Kerala, with the Finance Minister serving as the Vice-Chairperson, and includes independent members with expertise in finance, banking, and economics.

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