Kosamattam Finance NCD July 2024 – Effective Yield 10.41% p.a.

Kosamattam Finance Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on July 19, 2024. Kosamattam Finance will offer 10.41% interest rates on the NCDs. Kosamattam Finance NCD has a rating of IND A-/Stable by India Ratings & Research Private Limited (IRRPL). The NCDs tenure is for 18, 24, 30, 36, 39, 48, 60 and 84 months. Check out Kosamattam Finance NCD 2024 details here.
Kosamattam Finance NCD November 2024

Kosamattam Finance is a non-deposit-taking NBFC –Middle Layer primarily engaged in the Gold Loan business, lending money against the pledge of household jewellery (Gold Loans) in the state of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Delhi, Maharashtra, Uttar Pradesh, and Telangana along with the Union Territory of Puducherry. They had a network of 986 branches spread in the states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Delhi, Maharashtra, Uttar Pradesh, and Telangana along with the Union Territory of Puducherry and they employed 3842 persons in our business operations. They belong to the Kosamattam Group led by Mathew K. Cherian. They are headquartered in Kottayam in the state of Kerala.


Kosamattam Finance NCD July 2024 Details

NCD Issue OpenJuly 19, 2024
NCD Issue CloseAugust 1, 2024
NCD Issue SizeBase: 100 Cr. | Shelf: 200 Cr.
Price Band₹1000 per NCD
Face Value₹1000 per NCD
Interest RateUp to 10.41% ** (Annually)
Minimum Investment10 Bonds (₹10,000)
Market Lot1 NCD
Listing onBSE Platform
Credit RatingIND A-/Stable by India Ratings & Research Private Limited (IRRPL)
Tenor18, 24, 30, 36, 39, 48, 60 and 84 Months
Basis of AllotmentFirst Come First Serve Basis
DRHP DocumentClick Here
RHP DocumentClick Here

Kosamattam Finance NCD July 2024 Promoters

  • Mathew K. Cherian, Laila Mathew, and Jilu Saju Varghese are promoters and is a professionally managed company.

How to Apply Kosamattam Finance NCD July 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.

Kosamattam Finance NCD Review

  • Avoid

Kosamattam Finance NCD July 2024 Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
118 MonthCumu.NA9.00%
224 MonthMonth9.25%9.65%
330 MonthCumu.NA9.41%
436 MonthMonth10.00%10.47%
539 MonthCumu.NA9.75%
660 MonthMonth10.25%10.75%
748 MonthCumu.NA10.67%
884 MonthCumu.NA10.41%

Kosamattam Finance NCD Allocation Ratio

CategoryAllocation
Institutional10%
Non-Institutional10%
HNI30%
Retail50%

Kosamattam Finance NCD July 2024 Lead Manager

  • Smc Capitals Limited

Kosamattam Finance NCD July 2024 Allotment Status

  • Kosamattam Finance NCD issue allotment available on KFintech.

Kosamattam Finance NCD July 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

Kosamattam Finance Limited
Kosamattam City Centre,
Floor Number 4th & 5th, T.B Road,
Kottayam – 686001
Phone: +91 481 258 6400
Email: [email protected]
Website: http://www.kosamattam.com/

Kosamattam Finance NCD July 2024 FAQs:


When is Kosamattam Finance NCD Open?

Kosamattam Finance NCD is to open on July 19 and close on August 1, 2024.

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 ₹100 crores.

On Which platform the Kosamattam Finance NCD will list?

Kosamattam Finance NCD will list on BSE Platforms.

How to apply for Kosamattam Finance NCD?

You can apply from your existing Demat account online and offline.

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