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| Issue Open | Sep 16, 2020 |
| Issue Close | Oct 8, 2020 |
| Issue Size (Base) | ₹150.00 Crores |
| Issue Size (Shelf) | ₹150.00 Crores |
| Issue Price | ₹1000 per NCD |
| Listing At | BSE |
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.
| Bid/Offer Opens On | Sep 16, 2020 |
| Bid/Offer Closes On | Oct 8, 2020 |
| Record Date | |
| Deemed Date of Allotment |
| Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | |
|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Cumulative | Monthly | Cumulative | Monthly | Cumulative | Cumulative | Monthly | Cumulative |
| Tenor | 400 Days | 30 Months | 30 Months | 39 Months | 42 Months | 50 Months | 84 Months | 84 Months |
| Coupon Rate (Retail) | NA | 9.50% | NA | 10% | NA | NA | 10.25% | NA |
| Effective Yield (Per year) | 8.50% | 9.92% | 9.34% | 10.47% | 9.87% | 10.22% | 10.75% | 10.41% |
| Amount on Maturity | Rs 1,093.50 | Rs 1,000 | Rs 1,250 | Rs 1,000 | Rs 1,390 | Rs 1,500 | Rs 1,000 | Rs 2,000 |
Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base 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.
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 30,000 lakhs vide its letter dated August 28, 2020. 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.
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