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 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: [email protected]
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: [email protected]
Website: https://www.kosamattam.com/
