Kosamattam Finance Limited NCD (Kosamattam Finance NCD July 2022) Detail

July 13, 2022 - August 4, 2022

Kosamattam Finance Ltd is a non-deposit taking NBFC that is primarily engaged in the business of Gold Loan, lending money against pledge of household Jewellery in Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Maharashtra, Delhi, Gujarat, and Telangana along with Union Territory of Puducherry.

In addition to the gold loan, it also offers fee-based ancillary services such as microfinance, money transfer services, power generation, foreign currency exchange, agriculture, and air ticketing services. As of Jan 31, 2022, it has a network of 990 branches with a significant market presence in Southern India.

Competitive strengths

Part of Kosamattam Group, one of the leading financial service groups in South India.
Branch network in rural and semi-urban areas in South India.
Organized and efficient IT infrastructure.
Experienced management team and skilled personnel.

Kosamattam Finance NCD July 2022 Detail

Issue Open	July 13, 2022 - August 4, 2022
Security Name	Kosamattam Finance Limited
Security Type	Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Issue Size (Base)	Rs 175.00 Crores
Issue Size (Shelf)	Rs 175.00 Crores
Issue Price	Rs 1000 per NCD
Face Value	Rs 1000 each NCD
Minimum Lot size	10 NCD
Market Lot	1 NCD
Listing At	BSE
Credit Rating	BWR BBB+/Positive by Brickwork Ratings India Private Limited.
Tenor	400 days, 36, 42, 48, 54, 60, 88 months
Series	Series I to VIII
Payment Frequency	Monthly and Cumulative
Basis of Allotment	First Come First Serve Basis

NCD Allocation Ratio

Category	NCD's Allocated
Institutional	10%
Non-Institutional	10%
HNI	30%
Retail	50%

NCD's Offered by Category

Category	NCD's Reserved
Institutional	175,000
Non-Institutional	175,000
HNI	525,000
Retail	875,000
Total NCD's	1,750,000

Coupon Rates

	Series 1	Series 2	Series 3	Series 4	Series 5	Series 6	Series 7	Series 8
Frequency of Interest Payment	Monthly	Monthly	Cumulative	Monthly	Monthly	Cumulative	Monthly	Cumulative
Nature	Secured
Tenor	400 Days	36 months	36 months	42 months	48 months	54 months	60 months	88 months
Coupon Rate	7.00%	8.50%	NA	9.00%	9.50%	NA	9.25%	NA
Effective Yield (% per Annum)	7.23%	8.84%	9.00%	9.38%	9.92%	9.43%	9.65%	9.91%
Amount on Maturity	Rs 1,000	Rs 1,000	Rs 1,295	Rs 1,000	Rs 1,000	Rs 1,500	Rs 1,000	Rs 2,000

NCD Rating

The NCDs proposed to be issued under this Issue have been rated "BWR BBB+/Positive" by Brickwork Ratings India Private Limited for an amount of Rs.35,000 lakhs. Instruments with such ratings are considered to have a moderate degree of safety regarding timely servicing of financial obligations therefore, carry moderate credit risk.

Company Promoters

Mathew K. Cherian, Laila Mathew, and Jilu Saju Varghese are the company promoters.

Company Financials

Kosamattam Finance Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth
31-Mar-20	3297.45	499.33	47.66	420.44
31-Mar-21	4006.16	541.84	65.25	520.56
31-Mar-22	4544.1	624.79	78.92	657
Amount in ₹ Crore

Objects of the Issue

The NCD purposes to raise funds for the following purposes;

For the purpose of onward lending
For repayment of interest and principal of existing debts of the company, and
Meet general corporate purposes.

Kosamattam Finance NCD July 2022 Prospectus

› Draft Prospectus
› Red Herring Prospectus

Kosamattam Finance NCD July 2022 Subscription Status

The Kosamattam Finance NCD July 2022 was subscribed 1.74 times on August 4, 2022 5:00:00 AM. The NCD subscribed 3.00 times in Retail, 0.78 times in HNI, 0.01 times in Non-Institutional, and 0.00 times in the Institutional category.

Category ?	Subscription (times)
Retail	3.00x
HNI	0.78x
Non-Institutional	0.01x
Institutional	0.00x
Total	1.74x

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Kosamattam Finance NCD July 2022 Rating

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Company Contact Information

Kosamattam Finance Limited
Kosamattam City Centre,
Floor Number 4th & 5th,
T.B Road, Kottayam - 686001

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

Kosamattam Finance NCD July 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: einward.ris@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/