DS Kulkarni NCD Issue Opens on August 4, 2014

Offering an extra 0.25% coupon rate to women investors, employees, shareholders, senior citizens, servicemen and ex-servicemen.

The Rs. 100 crore secured non-convertible debenture (NCD) issue of developer DS Kulkarni opens on August 4, 2014

The company has the option to retain oversubscription of up to Rs. 100 crore taking the total issue size to Rs. 200 crore.

The company proposes to use the issue proceeds for projects under development.

The NCD offers four investment options. For options I, II & IV the minimum application size is 5 NCDs aggregating Rs. 25,000 (face value Rs. 5,000) while for option III the size is one NCD of size Rs. 25,000 (face value Rs. 25,000).

 

The coupon rates for these four options are 12.5% per annum for option I, 12.65% for option III and 12.75% for option IV.

The effective yields are 13.1% per annum for Option I; 13.43% for Option II; 12.65% for Option III and 13.52% for Option IV.

The tenor for these four options are 36 months with quarterly interest payout for option I ; 66 months and payout on maturity of option II; 72 months for option III with annual payout and 84 months with annual payout for option IV.

The firm is offering an extra 0.25% coupon rate to women investors, employees, shareholders, senior citizens, servicemen and ex-servicemen.

The NCDs have been rated 'CARE BBB+' by CARE for an amount of upto Rs. 200 crore and would be listed on the BSE.

SBI Capital Markets is the lead manager to the issue.

 Head Office: 

D. S. KULKARNI DEVELOPERS LTD.
1187/60, J. M. Road, Shivajinagar
Pune - 411 005.

E mail: sales@dskdl.com 

Marketing Dept.: 
+91 20 6604 7100, 6604 7110

Customer Relations Dept: 
+91 20 6604 7151

FD Dept.: +91 20 6604 7215

Account Dept.: +91 20 6604 7130

Media Dept.: +91 20 66047100

Legal Dept.: +91 20 6604 7162

Investor Relations Dept.: +91 20 6604 7100

Engineering Dept.: 
+91 20 6604 7164

Civil Material Purchase Dept: 
+91 20 6604 7150

IT Dept: +91 20 6604 7123

Fax: +91 20 25535772


Mumbai Office: 
D. S. KULKARNI DEVELOPERS LTD.
"DSK House", 1st & 2nd Floor,
Veer Savarkar Marg (Cadel Road),
Next to Mayor's Bungalow,
Shivaji Park,
Mumbai-400028.

Tel : 022 24466446 / 24462443
Fax : 022 24440163

Bangalore Office
T. Srikanth Bhagawat (MD) 
Hexagon Capital Advisors Pvt. Ltd.
S-209, Suraj Ganga Arcade, 332/7,
15th Cross, Jayanagar - 2nd Block,
Bangalore - 560 011. 

Tel No. (91) (80) 2657 2852 , 2657 2683 
Website: www.hexagononline.com 

Kolhapur Office
DSK TOYOTA 1243/74,
Shivaji Udyamnagar,
Kolhapur 
Phone: +91 0231 2655316 

Solapur Office
ASAVARI ANAND SARAPH
HOUSE OF FORMS
'Prakash', 957, North Sadar Bazar,
Solapur - 413 003.
Ph. No. : 0217 - 231 9808
Mob: 94210 33707

Email: asawari1236@rediffmail.com 

US Representatives
D S K Developers Corp
160 Schalks Crossing Road,
Plainsboro, NJ 08536

Tel: 1 609 269 2352 
Fax: 1 609 275 7382
Email: mh@dsktricone.com
k.ali@triconeco.com

http://www.dskdl.com/

Share: