Kosamattam Finance Limited, established in 1987, is a non-deposit-taking NBFC expertise in a goal loan business. They offer services where they lend money to individual, and families in need against keeping their gold jewelry with them. Lending gold loans is the company’s main service but other than that they also offer fee-based extra services which include microfinance, money transfer services, foreign currency exchange, power generation, agriculture, and air ticketing services. Moreover, in their gold loan schemes they also offer flexibility where if customers need larger loan amounts, they can choose a scheme where they can get more money according to each gram of the gold they decide to pledge. They have operated 977 branches as of September 30, 2024, across Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Delhi, Maharashtra, Uttar Pradesh, Telangana, and Puducherry, with a workforce of 3,801 employees. Between the financial year ending March 31, 2024, and March 31, 2023, Kosamattam Finance Limited’s revenue increased by 9.76% and profit after tax (PAT) rose by 6.21% respectively.
Kosamattam Finance NCD November 2024 Details
| NCD Issue Open | November 25, 2024 |
| NCD Issue Close | December 6, 2024 |
| NCD Issue Size | Base: 100 Cr. | Shelf: [.] Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 10.41% ** (Annually) |
| Minimum Investment | 10 Bonds (₹10,000) |
| Listing on | BSE Platform |
| Credit Rating | IND A-/Stable by India Ratings & Research Private Limited (IRRPL). |
| Tenor | 18, 24, 30, 36, 39, 48, 60 and 84 months |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document | Click Here |
| RHP Document | Click Here |
Kosamattam Finance NCD November 2024 Promoters
- Mathew K. Cherian, Laila Mathew, and Jilu Saju Varghese are the company’s promoters.
How to Apply Kosamattam Finance NCD November 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 November 2024 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 18 Month | Month | NA | 9.00% |
| 2 | 24 Month | Cumu. | 9.25% | 9.65% |
| 3 | 30 Month | Month | NA | 9.41% |
| 4 | 36 Month | Cumu. | 10.00% | 10.47% |
| 5 | 39 Month | Month | NA | 9.75% |
| 6 | 60 Month | Cumu. | 10.25% | 10.75% |
| 7 | 48 Month | Month | NA | 10.67% |
| 8 | 84 Month | Cumu. | NA | 10.41% |
Kosamattam Finance NCD Allocation Ratio
| Category | Allocation |
| Institutional | 10% |
| Non-Institutional | 10% |
| HNI | 30% |
| Retail | 50% |
Kosamattam Finance NCD November 2024 Lead Manager
- Smc Capitals Limited
Kosamattam Finance NCD November 2024 Allotment Status
- Kosamattam Finance NCD issue allotment available on KFintech.
Kosamattam Finance NCD November 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/
