DSK - 12.5% Secured ,Redeemable,NCD

Issuer	D.S. Kulkarni Developers Limited
Instrument	Secured, Redeemable, Non-Convertible Debentures
Mode of Issuance	Public Issue
Mode of Allotment	Both in physical and dematerialised form
Mode of Trading	NCDs will be traded in dematerialised form
Listing of the NCDs	Proposed to be listed on BSE
Depositories	NSDL and CDSL
Issue Size	Rs. 100 cr + Greenshoe Option of Rs. 100 cr, aggregating up to Rs. 200 cr
Rating	BBB+ by CARE
Security Cover	to maintain a minimum 100 percent (100%) security cover (Proposed coverage 1.445 times)
Option	I	II	III	IV
Tenure	36 Months	66 Months	72 Months	84 Months
IP Frequency	Quarterly	On Maturity	Annually	Monthly
Redemption	Bullet	Bullet	5% after 1 yr , 10% after 2 yr 15% after 3 yr 20% after 4 yr 25% after 5 yr 25% after 6 yr	Bullet
Coupon per annum	12.50%	NA	12.65%	12.75%
Additional Coupon* for DSK Employees, Existing Equity Shareholders, Senior Citizen, Servicemen and ex-servicemen and Women	0.25%	NA	0.25%	0.25%
Effective Yield	13.10%	13.43%	12.65%	13.52%
Effective Yield for DSK Employees, Existing Equity Shareholders, Senior Citizen, Servicemen and ex-servicemen and Women	13.37%	13.43%	12.90%	13.80%
Face Value	Rs. 5000	Rs. 5000	Rs. 25000	Rs. 5000
Redemption Amount (excluding Interest due on redemption date- except in option II)	Rs. 5000	Rs. 10000	Rs. 1250 after 1 yr , Rs. 2500 after 2 yr Rs. 3750 after 3 yr Rs. 5000 after 4 yr Rs. 6250 after 5 yr Rs. 6250 after 6 yr	Rs. 5000
Minimum Application and in Multiples of	5 NCD and 1 NCD thereafter	5 NCD and 1 NCD thereafter	1 NCD and 1 NCD thereafter	5 NCD and 1 NCD thereafter
Issue Period	4-August-2014 to 26-August-2014 (with option of early closure)
Lead Broker	Trust Financial Consultancy services Pvt. Ltd.

*The additional Coupon payable on the NCDs shall be applicable only to the original Allottees in this Public Issue