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Kosamattam Fin NCD March 2020 Detail
Issue Open Mar 19, 2020
Issue Close May 22, 2020
Issue Size (Base) ₹150.00 Crores
Issue Size (Shelf) ₹300.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE

Kosamattam Fin NCD March 2020 Date & Price

The Kosamattam Fin NCD March 2020 issue opens on Mar 19, 2020, and closes on May 22, 2020, 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 Ltd NCD IPO dates are as below:

Kosamattam Fin NCD March 2020 Issue Timetable

Bid/Offer Opens OnMar 19, 2020
Bid/Offer Closes OnMay 22, 2020
Record Date
Deemed Date of Allotment

Kosamattam Fin NCD March 2020 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 Fin NCD March 2020 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 Fin NCD March 2020 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until May 22, 2020. 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 Cumulative Monthly Cumulative
Tenor 15 Months 21 Months 39 Months 39 Months 48 Months 66 Months 84 Months 84 Months
Coupon Rate (Retail) NA 9.75% 10% NA NA NA 10.25% NA
Amount on Maturity Rs 1,120 Rs 1,000 Rs 1,000 Rs 1,385 Rs 1,500 Rs 1,750 Rs 1,000 Rs 2,000

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 15 Mon/21 Mon/39 Mon/48 Mon/66 Mon/84 Months.

Kosamattam Fin NCD March 2020 Issue Size and Subscription Status

The Kosamattam Fin NCD March 2020 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹150.00 Crores
  • NCD Shelf Issue Size: ₹300.00 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 Fin NCD March 2020 is not available at this time. Please revisit us for latest updates.

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

You could check Kosamattam Finance Ltd 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 Fin NCD March 2020 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.

The Kosamattam Finance Ltd Allotment Status is not available online at this time.

The Kosamattam Finance Ltd 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 Fin NCD March 2020 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Kosamattam Finance Ltd NCD - Should I apply?

The NCDs proposed to be issued under this Issue have been rated 'IND BBB' Outlook Stable, by India Ratings and Research Private Limited ("India Ratings") for an amount up to Rs 35,000 lakhs vide its letter dated September 30, 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 Fin NCD March 2020 which could help you with questions like Kosamattam Fin NCD March 2020 buy or not? You should also read Kosamattam Fin NCD March 2020 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 Ltd 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.