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Kosamattam Finance Ltd NCD (Kosamattam Finance NCD Aug 2017) Detail

August 4, 2017 - September 1, 2017
Kosamattam Finance Ltd Logo

Kosamattam Finance Ltd is a Kerala Based NBFC engaged in gold loan finance business. They lends money against the pledge of household Jewellery in the state of Kerala, Tamilnadu, Karnataka, Andhra Pradesh, Delhi and in the Union Territory of Puducherry. They also offers fee based ancillary services which include money transfer services, foreign currency exchange and air ticketing services.

Kosamattam finance has numerous branches spread across the rural and semi urban localities in the country. Their customers involve people from various strata of life including small business men, entrepreneurs, farmers, retailers and the common man who find it difficult to access credit facilities from banks and other financial institutions due to the hectic procedures involved. They provide Business and Personal Loans secured against Ornaments and Gold.

Kosamattam Finance NCD Aug 2017 Detail

Issue Open August 4, 2017 - September 1, 2017
Security Name Kosamattam Finance Ltd
Security Type
Issue Size (Base) Rs 220.00 Crores
Issue Size (Shelf) Rs [.] Crores
Issue Price Rs 1000 per NCD
Face Value Rs 1000 each NCD
Minimum Lot size 10 NCD
Market Lot 10 NCD
Listing At BSE
Credit Rating
Tenor
Series
Payment Frequency
Basis of Allotment First Come First Serve Basis

NCD Allocation Ratio

Category ? NCD's Allocated
Category 1 0%
Category 2 0%
Category 3 0%

Company Promoters

The promoters of the company are:

1. Mr. Mathew K. Cherian
2. Ms. Laila Mathew and
3. Ms. Jilu Saju Varghese

Objects of the Issue

The object of the issue are to:

1. For the purpose of onward lending and for repayment of interest and principal of existing loans;
2. General Corporate Purposes

Ratings

These NCD issue is graded IND BBB- by India Rating (indicating that instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Such instruments carry moderate credit risk.

Offerings

The company offers coupon rates ranging from 9.25 per cent to 10.00 per cent depending upon tenure of 400 days, 18 months, 36 months, 52 months, 60 months and 88 months NCDs.

Useful Links

Kosamattam Finance NCD Aug 2017 Prospectus

Kosamattam Finance NCD Aug 2017 Rating

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3.3
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Kosamattam Finance NCD Aug 2017 Reviews

Company Contact Information

Kosamattam Finance Ltd
Kosamattam Mathew K Cherian Bld,
Market Junction,
M.L.Road, Kottayam, Kerala

Phone: +91 481 258 6400
Email: cs@kosamattam.com
Website: http://www.kosamattam.com

Kosamattam Finance NCD Aug 2017 Registrar

Kfin Technologies Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/

Kosamattam Finance NCD Aug 2017 Lead Manager(s)


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