Chemmanur Credits and Investments is a non-deposit-taking, non-banking financial company (base layer) registered with the RBI bearing registration no. N-16-00185dated June 10, 2010 Section 45-IA of the RBI Act primarily engaged in the gold loan sector lending money against the pledge of household gold jewelry (“Gold Loans”) in the states of Kerala, Tamil Nadu, Karnataka Andhra Pradesh, and Maharashtra. They also provide Microfinance Loans, business and personal loans, money transfer services, and distribution of third-party insurance products. They have been engaged in the lending business for more than 13 years and are based in Kerala, India. As of December 31, 2023, they operated through 236branches located across 5states namely Kerala, TamilNadu, Karnataka, Maharashtra, and Andhra Pradesh managed through their registered office located at Thrissur, Kerala, and we employ 1,236persons in their business operations.
Chemmanur Credits and Investments NCD February 2024 Details
| NCD Issue Open | February 20, 2024 |
| NCD Issue Close | March 4, 2024 |
| NCD Issue Size | Base: 50 Cr. | Shelf: 100 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 12.25% ** (Annually) |
| Minimum Investment | 10 Bonds (₹10,000) |
| Listing on | BSE Platform |
| Credit Rating | IND BBB-/Stable by India Ratings and Research Private Limited |
| Tenor | 365 Days, 18, 24, 36, 60, and 72 Months |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document | Click Here |
| RHP Document | Click Here |
Chemmanur Credits and Investments NCD February 2024 Promoters
- Chemmanur Devassykutty Boby is the promoter and is a professionally managed company.
How to Apply Chemmanur Credits and Investments NCD February 2024 Issue?
You can apply from your existing Demat account online and offline. You can apply by downloading the form from the official website and filling up all the details with the cheque for the said amount. You can submit it to the collection centers.
Chemmanur Credits and Investments NCD Review
- May Apply
Chemmanur Credits and Investments NCD February 2024 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 365 Days | Month | 9.50% | 9.92% |
| 2 | 18 Months | Month | 10.50% | 11.02% |
| 3 | 24 Month | Month | 10.75% | 11.30% |
| 4 | 36 Month | Month | 11.00% | 11.57% |
| 5 | 60 Months | Month | 11.50% | 12.13% |
| 6 | 12 Months | Cumu. | NA | 9.50% |
| 7 | 24 Months | Cumu. | NA | 10.75% |
| 8 | 72 Months | Cumu. | NA | 12.25% |
Chemmanur Credits and Investments NCD Allocation Ratio
| Category | Allocation |
| Institutional | 30% |
| Non-Institutional | 10% |
| HNI | 30% |
| Retail | 30% |
Chemmanur Credits and Investments NCD February 2024 Lead Manager
- Vivro Financial Services Private Limited
Chemmanur Credits and Investments NCD February 2024 Allotment Status
- Chemmanur Credits and Investments NCD issue allotment available on KFintech.
Chemmanur Credits and Investments NCD February 2024 Registrar
Kfin Technologies 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://kosmic.kfintech.com/ipostatus/
Company Information
Chemmanur Credits and Investments Limited
Mangalodhayam Building,
Round South,
Thrissur – 680001
Phone: +91 487-6621200/2424010
Email: [email protected]
Website: http://www.chemmanurcredits.com
