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Kosamattam Finance NCD March 2022 Date, Rating & Interest Rates

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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 has a rating of IND BBB+/Stable by Indian Ratings & Research Pvt Ltd. Kosamattam Finance Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on 14 March 2022. Kosamattam Finance will offer 10.47% interest rates on the NCDs. The NCDs tenure is for 18, 36, 42, 48, 54, 60 and 88 months.
Kosamattam Finance

Kosamattam Finance NCD Issue Details

 NCD Issue Open 14 March 2022
 NCD Issue Close 8 April 2022
 NCD Issue Size Base: 200 Cr. | Shelf: 200 Cr.
 Price Band ₹1000 per NCD
 Interest Rate Up to 10.47% ** (Annually)
 Minimum Investment 10 Bonds (₹1,000)
 Listing on
 BSE Platform

Kosamattam Finance NCD Issue Rating

  • Credit Rating: IND BBB+/ Stable by India Ratings

Kosamattam Finance NCD Issue Listing

  • NCD Bonds to list on BSE platforms.

Kosamattam Finance NCD Issue Promoters

  • Mathew K. Cherian
  • Laila Mathew
  • 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 the form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centers.

Kosamattam Finance NCD (March 2022) Issue Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
I18 MonthCumNA8.04%
II36 MonthMonth8.75%9.11%
III36 MonthCumNA9%
IV42 MonthMonth9.25%9.65%
V48 MonthMonth9.50%9.92%
VI54 MonthCumNA9.43%
VII60 MonthMonth10%10.47%
VII88 MonthCumNA9.91%

Kosamattam Finance NCD Lead Manager

  • SMC Capitals Limited

Kosamattam Finance NCD Allotment Status

  • Kosamattam Finance NCD issue allotment available on KFintech

NCD Registrar

KFintech Private Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Website: https://karisma.kfintech.com/

Company Information

Kosamattam Finance Limited
Kosamattam Mathew K. Cherian Building, M. L. Road,
Kottayam – 686 001, Kerala, India
Phone: +91 481 258 6400
Email:
Website: https://www.kosamattam.com/

Kosamattam Finance NCD FAQs:

When is Kosamattam Finance NCD Open?

Kosamattam Finance NCD to open on March 14 and close on April 08, 2022.

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 ₹200 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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