10.75% Kosamattam Finance NCD Issue Dates, Rating & Interest Rates (December 2018)

IPO Initial Public Offerings
Kosamattam Finance is coming up with another NCD after 4 months. The offer will be around 300 crore and the interest rates up to 10.25% yield. Kosamattam Finance is a Kerala based firm offers gold loans against gold jewellery. Kosamattam Finance also offer micro finance, foreign currency exchange, money transfer services, agriculture and air ticketing services which are fee based business. They also have operations in Kerala, Tamilnadu, Karnataka, Andhra Pradesh, Delhi, Telangana, Gujarat, Maharashtra and Pondecherry. They have over 3000 employees with 948 braches.

Kosamattam Finance NCD Issue December 2018 Details:

  • NCD Issue Open: 27 December 2018
  • NCD Issue Close: 25 January 2019
  • NCD Issue Size: Rs.300 Crore
  • Price Band: Rs.1000
  • NCD’s: 3,000,000 of Rs.1000 Each
  • 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: India BBB-

Kosamattam Finance NCD Issue Listing:

  • NCD Bonds will be list on BSE.

Kosamattam Finance NCD Issue Promoters:

  • Mr. Mathew K. Cherian
  • Ms. Laila Mathew and
  • Ms. 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 (December 2018) Issue Tenure & Interest Rates: (Fixed)

TenureInterest Rate
Monthly
Interest Rate
Yearly
Cumulative
18 Months9.92%
24 Months10.00%
36 Months10.47%10.52%
48 Months10.67%
60 Months10.47%
84 Months10.75%10.41%

Kosamattam Finance NCD Lead Manager:

  • Vivro Financial Services Private Limited
Kosamattam Finance NCD (December 2018) Allotment Status:

  • Kosamattam Finance NCD issue allotment available on Karvy.com

NCD Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: [email protected]
Website: http://karisma.karvy.com

Company Information:
Kosamattam Finance Ltd
Kosamattam Mathew K Cherian Bld,
Market Junction,
M.L.Road, Kottayam, Kerala
Phone: +91 481 258 6400
Fax: +91 481-258 6500
Email: [email protected]
Website: http://www.kosamattam.com

    Share the Post:
    Facebook
    Twitter
    LinkedIn