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

Kosamattam Finance Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on November 25, 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 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 OpenNovember 25, 2024
NCD Issue CloseDecember 6, 2024
NCD Issue SizeBase: 100 Cr. | Shelf: [.] Cr.
Price Band₹1000 per NCD
Interest RateUp to 10.41% ** (Annually)
Minimum Investment10 Bonds (₹10,000)
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 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

OptTenurePaymentCouponEff. Yield
118 MonthMonthNA9.00%
224 MonthCumu.9.25%9.65%
330 MonthMonthNA9.41%
436 MonthCumu.10.00%10.47%
539 MonthMonthNA9.75%
660 MonthCumu.10.25%10.75%
748 MonthMonthNA10.67%
884 MonthCumu.NA10.41%

Kosamattam Finance NCD Allocation Ratio

CategoryAllocation
Institutional10%
Non-Institutional10%
HNI30%
Retail50%

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/

Kosamattam Finance NCD November 2024 FAQs:


When is Kosamattam Finance NCD Open?

Kosamattam Finance NCD is to open on November 25, 2024 and close on December 6, 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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