Monday, August 30, 2021

10.47% Kosamattam Finance NCD August 2021 Date, Rating & Interest Rates

Kosamattam Finance Limited is an NBFC company based in Kerala, incorporated in 1987 founded by Chacko Varky. They offer a gold loan against household jewellery. They have over 970 branches in South India. As a core business of Gold Loan, they offer Forex services, Money transfer, Insurance Services, DMT Services, Ticketing, Depository Services, SME Loans, Housing Finance, and Other Services as well. The group has over 150 years or strong experience in the business. They offer their gold loans to the customers like farmers, vendors, salaried people, businessmen, families and more.

Kosamattam Finance has a rating of 'BWR BBB+' - Outlook Stable, by Brickwork Ratings. Kosamattam Finance Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on 30 August 2021. Kosamattam Finance will offer 10.47% interest rates on the NCDs. The NCDs tenure will be for 20 months, 24 months, 36 months, 42 months, 50 months, 72 months, and 84 months.
Kosamattam Finance

Kosamattam Finance NCD Issue Details

 NCD Issue Open 30 August 2021
 NCD Issue Close 24 September 2021
 NCD Issue Size Base: 150 Cr. | Shelf: 150 Cr.
 Price Band ₹1000 per NCD
 Interest Rate Upto 10.47% ** (Annually)
 Minimum Investment 10 Bonds (₹1,000)
 Maximum Investment 1,000 Bonds (₹10,00,000)
 Listing on
 BSE Platform

Kosamattam Finance NCD Issue Rating

  • Brickwork Ratings: 'BWR BBB+' - Outlook Stable

Kosamattam Finance NCD Issue Listing

  • NCD Bonds will be list on BSE only.

Kosamattam Finance NCD Issue Promoters

  • Mathew K. Cherian
  • Laila Mathew
  • Jilu Saju Varghese

How to Apply Kosamattam Finance NCD Issue?

You can apply from your existing demat account online and offline. You can apply via downloading form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centres.

Kosamattam Finance NCD (August 2021) Issue Tenure & Interest Rates

# Tenure Interest Coupon Eff.
Yield
Maturity
I 20 Months Cum. N/A 8.30% 1142
II 24 Months Monthly 8.50% 8.84% 1000
III 36 Months Monthly 9.00% 9.38% 1000
IV 36 Months Cum. N/A 9.50% 1313
V 42 Months Monthly 10.00% 10.47% 1000
VI
50 Months Cum. N/A 10.22% 1500
VII
72 Months Monthly 9.00% 9.38% 1000
VIII
84 Months Cum. N/A 10.41% 2000

About Kosamattam Finance

  The Kosamattam name has been respected for more than 150 years for its adherence to strong values and the group has always believed in returning wealth to the society it serves. Anchored in values and strong ethics, Kosamattam Group is building businesses that will achieve growth through excellence and innovation while balancing the interests of its customers, employees and civil society. Based on the performance of all Kosamattam group companies over the years, Kosamattam brand has come to stand for not only ‘Trust’ but quality, business leadership, the highest ethical standards and respect for all its customers.


Kosamattam Finance NCD Lead Manager

  • Karvy Investor Services Limited
  • SMC Capitals Limited

Kosamattam Finance NCD Allotment Status

  • Kosamattam Finance NCD issue allotment available on KFintech

NCD Registrar

KFintech Private Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Website: https://karisma.kfintech.com/

Company Information

Kosamattam Finance Limited
Kosamattam Mathew K
Cherian Building, M. L. Road,
Market Junction, Kottayam - 686 001, Kerala, India
Phone: +91 481 258 6400
Email: cs@kosamattam.com
Website: https://www.kosamattam.com/

Kosamattam Finance NCD FAQs:


When is Kosamattam Finance NCD Open?
Kosamattam Finance NCD to open on August 30 and closes on September 24, 2021.

What is Kosamattam Finance NCD Price?
The company has fixed the price at ₹1000 per NCD.

What is Kosamattam Finance NCD Issue Size?
The NCD issue size is ₹150 crores.

On Which platform the Kosamattam Finance NCD will list?
Kosamattam Finance NCD will list on BSE Platform.

How to apply for Kosamattam Finance NCD?
You can apply from your existing demat account online and offline.

Open Demat Account