9.92% Kosamattam Finance NCD December 2022 Details – IPO Watch
Written by Lucky Wilson | KGTO Writer on January 5, 2023
Kosamattam Finance Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on December 14, 2022. Kosamattam Finance will offer 9.92% interest rates on the NCDs. Kosamattam Finance NCD has a rating of IND A-/Stable. The NCDs tenure is for 18, 24, 30, 36, 39, 48, 54 and 88 Months. Check out Kosamattam Finance NCD 2022 details here.
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 December 2022 Issue Details
| NCD Issue Open | December 14, 2022 |
| NCD Issue Close | January 13, 2023 |
| NCD Issue Size | Base: 200 Cr. | Shelf: 200 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 9.92% ** (Annually) |
| Minimum Investment | 10 Bonds (₹1,000) |
| Listing on | BSE Platform |
| Credit Rating | IND A-/Stable |
| Tenor | 18, 24, 30, 36, 39, 48, 54 and 88 Months |
| Basis of Allotment | First Come First Serve Basis |
- Mathew K. Cherian
- Laila Mathew
- Jilu Saju Varghese
How to Apply Kosamattam Finance NCD December 2022 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 December 2022 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| I | 18 Month | Cumu. | NA | 8.00% |
| II | 36 Month | Month | 8.50% | 8.57% |
| III | 30 Month | Cumu. | NA | 8.49% |
| IV | 36 Month | Month | 9.00% | 9.38% |
| V | 39 Month | Cumu. | NA | 9.25% |
| VI | 48 Month | Month | 9.50% | 9.92% |
| VII | 54 Month | Cumu. | NA | 9.43% |
| VIII | 88 Month | Cumu. | NA | 9.91% |
Kosamattam Finance NCD December 2022 Lead Manager
Kosamattam Finance NCD December 2022 Allotment Status
- Kosamattam Finance NCD issue allotment available on KFintech.
Kosamattam Finance NCD December 2022 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://karisma.kfintech.com/
Company Information
Kosamattam Finance Limited
Kosamattam City Centre,
Floor Number 4th & 5th,
T.B Road, Kottayam – 686001, Kerala
Phone: +91 481 258 6400
Email: [email protected]
Website: http://www.kosamattam.com/
Kosamattam Finance NCD December 2022 FAQs:
When is Kosamattam Finance NCD Open?
Kosamattam Finance NCD is to open on December 14 and close on January 13, 2023.
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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