Kosamattam Finance NCD January 2024 – Effective Yield 10.47% p.a.

Kosamattam Finance Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on January 1, 2024. Kosamattam Finance will offer 10.47% interest rates on the NCDs. Kosamattam Finance NCD has a rating of IND A-/Stable by India Ratings. The NCDs tenure is for 18, 24, 30, 36, 39, 48, 54, and 88 months. Check out Kosamattam Finance NCD 2024 details here.
Kosamattam Finance NCD

Table of Contents

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 of strong experience in the business. They offer their gold loans to the customers like farmers, vendors, salaried people, businessmen, families, and more.


Kosamattam Finance NCD January 2024 Details

NCD Issue OpenJanuary 1, 2024
NCD Issue CloseJanuary 12, 2024
NCD Issue SizeBase: 100 Cr. | Shelf: 200 Cr.
Price Band₹1000 per NCD
Interest RateUp to 10.47% ** (Annually)
Minimum Investment10 Bonds (₹10,000)
Listing onBSE Platform
Credit RatingIND A-/Stable by India Ratings
Tenor18, 24, 30, 36, 39, 48, 54, and 88 Months
Basis of AllotmentFirst Come First Serve Basis
DRHP DocumentClick Here
RHP DocumentClick Here

Kosamattam Finance NCD January 2024 Promoters

  • Mathew K. Cherian
  • Laila Mathew
  • Jilu Saju Varghese.

How to Apply Kosamattam Finance NCD January 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 January 2024 Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
118 MonthCumulativeNA8.52%
224 MonthMonthly8.75%9.11%
330 MonthCumulativeNA9.00%
436 MonthMonthly9.25%9.65%
539 MonthCumulativeNA9.25%
648 MonthMonthly10.00%10.47%
754 MonthCumulativeNA9.43%
888 MonthCumulativeNA9.91%

Kosamattam Finance NCD Allocation Ratio

CategoryAllocation
Institutional10%
Non-Institutional10%
HNI30%
Retail50%

Kosamattam Finance NCD January 2024 Lead Manager

  • Smc Capitals Limited

Kosamattam Finance NCD January 2024 Allotment Status

  • Kosamattam Finance NCD issue allotment available on KFintech.

Kosamattam Finance NCD January 2024 Registrar

Kfin Technologies Limited
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: +91-481-2586400
Email: [email protected]
Website: https://www.kosamattam.com/

Kosamattam Finance NCD January 2024 FAQs:


When is Kosamattam Finance NCD Open?

Kosamattam Finance NCD is to open on January 1 and close on January 12, 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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