Kosamattam Finance NCD 2022 Isue Date, Rating & Interest Rates

Kosamattam Finance NCD 2022

Kosamattam Finance NCD 2022 Bonds are Open on 14 March 2022 and to close on 08 April 2022. The Company will offer 10.47% interest rates on the NCD Bonds. And NCD tenure will be applicable for 18 months, 36 months, 42 months, 48 months, 54 months, 60 months and 88 months. The company will raise a Base fund of ₹200 crores and Shelf fund ₹200 crores through this NCD, the company has fixed the NCD price band at ₹1000 for this according to the face value of ₹1000.

Kosamattam Finance Ltd is a non-deposit taking NBFC primarily engaged in the Gold Loan business, lending money against the pledge of household jewellery (“Gold Loans”) in the state of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Delhi, Maharashtra, Gujarat and Telangana along with the Union Territory of Puducherry. The Company is emerging as a prominent Gold Loan business company with 974 branches, as of June 30, 2021, largely spread across southern India.

Read also: Upcoming IPO List 2022

Kosamattam Finance NCD 2022 Review :

Apply

Kosamattam Finance NCD Security Name :

■ Kosamattam Finance Limited

Kosamattam Finance NCD Security Type :

■ Secured redeemable non-convertible debentures

Kosamattam Finance NCD 2022 Ratings

AgencyRating
INDBBB+/ Stable

Kosamattam Finance NCD 2022 Bonds Issue Details :

Issue Open14 March 2022
Issue Close08 April 2022
Issue Base Size₹200 Cr.
Issue Shelf Size₹200 Cr.
Price Band₹1000 Per NCD
Face Value₹1000 Each NCD
Interest Rate10.47% Annual
Listing on BSE Platform
Paytm Banner

Kosamattam Finance NCD Market Lot :

Market Lot :1 NCD
Minimum Lot size :10 NCD
Minimum Investment :₹10,000

Kosamattam Finance NCD 2022 Bond Issue Tenure & Interest Rates :

SR12345678
Tenure18 Month36 Month36 Month42 Month48 Month54 Month60 Month88 Month
NatureSecuredSecuredSecuredSecuredSecuredSecuredSecuredSecured
InterestCumulativeMonthlyCumulativeMonthlyMonthlyCumulativeMonthlyCumulative
Coupon RateN/A8.75%N/A9.25%9.50%N/A10.00%N/A
Effective Yield8.04%9.11%9.00%9.65%9.92%9.43%10.47%9.91%
Maturity11231000129510001000100015002000
Upstox Referal

About Kosamattam Finance Company

Kosamattam Finance Ltd is a non-deposit taking NBFC primarily engaged in the Gold Loan business, lending money against the pledge of household jewelry (“Gold Loans”) in the state of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Delhi, Maharashtra, Gujarat, and Telangana along with the Union Territory of Puducherry.

Our Gold Loan portfolio for the financial years ending on March 31, 2021, March 31, 2020 and March 31, 2019 and comprised of 7,18,836, 7,07,856, and 6,63,694, respectively gold loan accounts, aggregating to ₹3,14,609.59 lakhs, ₹2,64,495.77 lakhs and ₹2,21,230.86 lakhs, respectively, which is 98.34%, 97.29% and 94.94% of our total loans portfolio as on those dates.

As of June 30, 2021, we had a network of 974 branches spread in the states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Delhi, Maharashtra, Gujarat, and Telangana along with the Union Territory of Puducherry and we employed 3,130 persons in our business operations. We belong to the Kosamattam Group led by Mathew K. Cherian. We are headquartered in Kottayam in the state of Kerala. We are registered with RBI as a systemically important, non-deposit-taking NBFC (Registration No. B-16.00117 dated December 19, 2013) under Section 45 IA of the RBI Act.

Read also: All Upcoming IPO Grey Market Premium 2022

Company Promoters :

■ Mathew K. Cherian

Quick Link :

DRHP Draft Prospectus
RHP Draft Prospectus

Kosamattam Finance IPO Lead Managers :

SMC Capitals Limited

Kosamattam Finance Debenture Trustee :

Vistra ITCL (INDIA) Limited
The IL&FS Financial Center, Plot No. C – 22,
G Block, Bandra Kurla Complex,
Bandra (East), Mumbai – 400 051
Maharashtra, India
Telephone: +91 22 2659 3333
Email: [email protected]
Website: www.vistraitcl.com

Groww referal

Kosamattam Finance NCD IPO Registrar :

Kfin Technologies Prvate Limited
Selenium Tower B, Plot 31-32, Financial District,
Nanakramguda, Serilingampally, Hyderabad,
Rangareddy, Telangana – 500 032, India
Telephone: +91 40 6716 2222
Facsimile: +91 40 2343 1551
Email: [email protected]
Investor Grievance Email:
[email protected]
Website: www.kfintech.com

Company Address :

Kosamattam Finance Limited
Kosamattam Mathew K. Cherian Building,
Market Junction, M. L. Road,
Kottayam – 686 001, Kerala, India
Email: [email protected]
Tel.: +91 481 258 6400
Fax: +91 481 258 6500
Website: www.kosamattam.com

Kosamattam Finance NCD 2022 FAQs:

What is Kosamattam Finance NCD?
Kosamattam Finance NCD is Security Bond.

When Kosamattam Finance NCD 2022 will open?
The Kosamattam Finance NCD is to open on 14 March 2022 – 08 April 2022.

What is the Kosamattam Finance NCD Size?
Kosamattam Finance NCD size is ₹400 Crores.

What is the issue Shelf size of Kosamattam Finance NCD 2022?
The Shelf size of Kosamattam Finance NCD ₹200 Cr.

What is the issue Base size of Kosamattam Finance NCD 2022?
The Base size of Kosamattam Finance NCD ₹200 Cr.

What is Kosamattam Finance NCD Price Band?
Kosamattam Finance NCD Price Band is ₹1000 Per NCD.

What is Kosamattam Finance NCD Minimum Lot Size?
The Kosamattam Finance NCD Minimum Lot Size 10.

What is Kosamattam Finance NCD 2022 Interest Rate?
The Kosamattam Finance NCD Interest Rate is 10.47% Annual.

What is the Kosamattam Finance NCD Allotment Date?
Kosamattam Finance NCD allotment date is Not Declare.

What is Kosamattam Finance NCD Listing Date?
Kosamattam Finance NCD listing date is Not Declare. The IPO to list on NSE, BSE.

Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.

Kosamattam Finance NCD 2022 Isue Date, Rating & Interest Rates
0Shares
error: Content is protected !!