[.]| Listing at BSE | Thu, Mar 19, 2020 - Fri, May 22, 2020
| Bid/Offer Opens On | March 19, 2020 |
| Bid/Offer Closes On | May 22, 2020 |
| 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 following categories of persons are eligible to apply in the Issue:
The Kosamattam Fin NCD March 2020 consists of a base issue and a shelf issue.
Note that the Shelf issue is an option to retain oversubscription up to the shelf issue size over and above the base issue.
Shares offered in Kosamattam Fin NCD March 2020 are as below:
| Category 1 (QIB) | 150000 |
| Category 2 | 150000 |
| Category 3 (HNI) | 450000 |
| Category 4 (Retail) | 750000 |
No, NRI's are not eligible to apply in this Issue.
You could check Kosamattam Fin NCD March 2020 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.
The NCD's are proposed to be listed on BSE.
Applicants are allocated NCD's on a First Come First Serve Basis.
You can check Kosamattam Finance Ltd. allotment status on the registrar’s website using your PAN or application number, or on the BSE/NSE website under the debt issue section. If allotted, the NCDs will be credited to your demat account and visible through your broker.
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.
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 it depends on many factors on the day of listing. It depends on factors like the demand, the market situation on the day of listing, NCD issue size, etc.
