Kosamattam Finance is coming up with Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) and/or Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs). The subscription to start from 16th July 2019. Kosamattam Finance will offer 10.25% interest rates on the NCDs. Kosamattam Finance is based in Kerala and incorporated in 1987. The company is non-deposit taking NBFC and providing gold loans against gold jewellery in India. They company is working in Union Territory of Puducherry, Maharashtra, Delhi, Andhra Pradesh, Karnataka, Telangana, Gujarat, Tamil Nadu, and Kerala. The NCDs tenure will be for 400 days, 24 months, 36 months, 48 months, 60 months and 84 months.
Kosamattam Finance NCD Issue Details:
- NCD Issue Open: 16 July 2019
- NCD Issue Close: 14 August 2019
- NCD Issue Size: Rs.150 Crore
- Price Band: Rs.1000
- Interest Rate: Upto 10.25% ** (Annually)
- Minimum Investment: 10 Bonds (Rs 10,000)
- Maximum Investment: 1,000 Bonds (Rs 10,00,000)
- Listing: BSE
Kosamattam Finance NCD Issue Rating:
- India Rating and Research Ratings: IND BBB Outlook Stable
Kosamattam Finance NCD Issue Listing:
- NCD Bonds will be list on BSE.
Kosamattam Finance NCD Issue Promoters:
- N/A
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.
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 (July 2019) Issue Tenure & Interest Rates: Details
| Annual | Monthly | Annual | Cumulative |
| 400 Days | – | – | N/A |
| 24 Months | 9.75% | – | – |
| 36 Months | 10.00% | – | N/A |
| 60 Months | 10.00% | – | – |
| 84 Months | 10.25% | – | N/A |
Kosamattam Finance NCD Lead Manager:
- Karvy Investor Services Limited
- SMC Capitals Limited
Kosamattam Finance NCD (July 2019) Allotment Status:
- Kosamattam Finance NCD issue allotment available on ikarvy.com
NCD Registrar:
Karvy Computershare Private Limited
Karvy Registry House, 8-2-596, St. No. 1,
Banjara Hills, Hyderabad – 500 034
Andhra Pradesh, India
Phone: +91-40-23312454
Email: einward.ris@karvy.com
Website: https://karisma.karvy.com/
Company Information:
Kosamattam Finance Ltd
Kosamattam Mathew K
Cherian Building, M. L. Road,
Market Junction, Kottayam – 686 001, Kerala, India
Phone: +91 481 258 6400
Website: http://www.kosamattam.com/
