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Kosamattam Finance NCD March 2019 Detail
Issue Open March 29, 2019
Issue Close April 26, 2019
Issue Size (Base) ₹150.00 Crores
Issue Size (Shelf) ₹150.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE

Kosamattam Finance NCD March 2019 Date & Price

The Kosamattam Finance NCD March 2019 issue opens on March 29, 2019, and closes on April 26, 2019, for the subscription.

Note that the public issue of NCD is closed early in case it is fully subscribed (base + shelf) before its issue closing day.The allotment is done on a First Come First Serve Basis.

Kosamattam Finance Limited NCD IPO dates are as below:

Kosamattam Finance NCD March 2019 Issue Timetable

Bid/Offer Opens OnMarch 29, 2019
Bid/Offer Closes OnApril 26, 2019
Record Date
Deemed Date of AllotmentMay 3, 2019

Kosamattam Finance NCD March 2019 price is set at ₹1000 per NCD.

The NCD's will be issued at a face value of ₹1000 each NCD.

The frequency of payment for Kosamattam Finance NCD March 2019 is Monthly and Cumulative.

No. Issues consist of Secured as well as Unsecured NCD's.

Each application should be for a minimum of 10 NCD's and multiples of 1 NCD thereof.

Kosamattam Finance NCD March 2019 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until April 26, 2019. The bid may close earlier in case it is fully subscribed.

Coupon Rates for Eash Series

Series 1 Series 2 Series 3 Series 4 Series 5 Series 6 Series 7 Series 8
Frequency of Interest Payment Cumulative Monthly monthly Cumulative Cumulative Monthly Monthly Cumulative
Tenor 18 months 24 months 36 months 36 months 48 months 60 months 84 months 84 months
Coupon Rate (Retail) NA 9.75% 10.00% NA NA 10.00% 10.25% NA
Amount on Maturity Rs 1,135 Rs 1,000 Rs 1,000 Rs 1,350 Rs 1,500 Rs 1,000 Rs 1,000 Rs 2,000

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 18 months/24 months/36 months/48 months/60 months.

Kosamattam Finance NCD March 2019 Issue Size and Subscription Status

The Kosamattam Finance NCD March 2019 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹150.00 Crores
  • NCD Shelf Issue Size: ₹150.00 Crores

Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base issue.

Sorry, The number of shares offered in Kosamattam Finance NCD March 2019 is not available at this time. Please revisit us for latest updates.

No, NRI's are not eligible to apply in this Issue.

  1. Minors without a guardian name
  2. Foreign nationals
  3. Persons resident outside India
  4. Foreign Portfolio Investors
  5. Foreign Venture Capital Investors
  6. Qualified Foreign Investors
  7. Overseas Corporate Bodies
  8. Persons ineligible to contract under applicable statutory/regulatory requirements

You could check Kosamattam Finance Limited NCD Grey Market Premium (GMP Rate) by visiting our Grey Market Price (Message Board).

Note that there is no official source of GMP Rate as they are over-the-counter transactions.

Kosamattam Finance NCD March 2019 Allotment and Listing

The NCD's are proposed to be listed on BSE.

Applicants are allocated NCD's on a First Come First Serve Basis.

Click here to check Kosamattam Finance Limited Allotment Status.

The Kosamattam Finance Limited NCD listing data are not available. The date is published by the exchange a couple of days before the NCD listing.

It is hard to say at what price Kosamattam Finance NCD March 2019 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Kosamattam Finance Limited NCD - Should I apply?

The NCDs proposed to be issued under this Issue have been rated 'IND BBB', by India Ratings & Research Private Limited ("India Ratings") for an amount up to 30,000 lakhs, including the unsecured portion of up to 2,500 lakhs vide its letter dated March 14, 2019. The rating of NCDs by India Ratings indicates 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.

Sorry, we do not provide NCD recommendations. But we share a lot of information about Kosamattam Finance NCD March 2019 which could help you with questions like Kosamattam Finance NCD March 2019 buy or not? You should also read Kosamattam Finance NCD March 2019 Analysis from experts and check the daily subscription status.

It depends on many factors like company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, NCD Analysis from experts and follow the subscriptions before you make the decision to apply in an NCD public Issue.

Kosamattam Finance Limited NCD listing day gains are unpredictable as depends on many factors on the day listing. It depends on factors like the demand, the market situation on the day of listing, NCD Issue size etc.