Kosamattam Finance is a non-deposit-taking NBFC –Middle Layer primarily engaged in the Gold Loan business, lending money against the pledge of household jewelry (“Gold Loans”) in the states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Delhi, Maharashtra, Gujarat, Uttar Pradesh and Telangana along with the Union Territory of Puducherry. As of December 31, 2023, they had a network of 988 branches spread in the states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Delhi, Maharashtra, Gujarat, Uttar Pradesh, and Telangana along with the Union Territory of Puducherry and they employed 3818 persons in their 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 Tranche I NCD April 2024 Details
| NCD Issue Open | April 8, 2024 |
| NCD Issue Close | April 23, 2024 |
| NCD Issue Size | Base: 125 Cr. | Shelf: 250 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 9.91% ** (Annually) |
| Minimum Investment | 10 Bonds (₹10,000) |
| Listing on | BSE Platform |
| Credit Rating | A-Stable by India Ratings & Research Private Limited (IRRPL) |
| Tenor | 18, 24, 30, 36, 39, 48, 54 and 88 Months |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document | Click Here |
| RHP Document | Click Here |
Kosamattam Finance NCD April 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 April 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
- May Apply
Kosamattam Finance NCD April 2024 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 18 Month | Cumu. | NA% | 8.52% |
| 2 | 24 Month | Month | 8.75% | 9.11% |
| 3 | 30 Month | Cumu. | NA | 9.00% |
| 4 | 36 Month | Month | 9.50% | 9.92% |
| 5 | 39 Month | Cumu. | NA | 9.42% |
| 6 | 48 Month | Month | 10.00% | 10.47% |
| 7 | 54 Month | Cumu. | NA | 9.43% |
| 8 | 88 Month | Cumu. | NA | 9.91% |
Kosamattam Finance NCD Allocation Ratio
| Category | Allocation |
| Institutional | 10% |
| Non-Institutional | 10% |
| HNI | 30% |
| Retail | 50% |
Kosamattam Finance NCD April 2024 Lead Manager
- Smc Capitals Limited
Kosamattam Finance NCD April 2024 Allotment Status
- Kosamattam Finance NCD issue allotment available on KFintech.
Kosamattam Finance NCD April 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
