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Kosamattam Finance NCD January 2024 Detail
Issue Open January 1, 2024
Issue Close January 12, 2024
Issue Size (Base) ₹100.00 Crores
Issue Size (Shelf) ₹200.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE

Kosamattam Finance NCD January 2024 Date & Price

The Kosamattam Finance NCD January 2024 issue opens on January 1, 2024, and closes on January 12, 2024, 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 January 2024 Issue Timetable

Bid/Offer Opens OnJanuary 1, 2024
Bid/Offer Closes OnJanuary 12, 2024
Record Date
Deemed Date of Allotment

Kosamattam Finance NCD January 2024 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 January 2024 is Monthly and Cumulative.

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

Kosamattam Finance NCD January 2024 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until January 12, 2024. The bid may close earlier in case it is fully subscribed.

Kosamattam Finance Limited NCD Coupon Rates

#Series 1Series 2Series 3Series 4Series 5Series 6Series 7Series 8
Frequency of Interest PaymentCumulativeMonthlyCumulativeMonthlyCumulativeMonthlyCumulativeCumulative
NatureSecuredSecuredSecuredSecuredSecuredSecuredSecuredSecured
Tenor18 Months24 Months30 Months36 Months39 Months48 Months54 Months88 Months
Coupon (% per Annum)NA8.75%NA9.25%NA10.00%NANA
Effective Yield (% per Annum)8.52%9.11%9.00%9.65%9.25%10.47%9.43%9.91%
Amount on Maturity (In Rs.)Rs 1,130.50Rs 1,000.00Rs 1,240.00Rs 1,000.00Rs 1,333.00Rs 1,000.00Rs 1,500.00Rs 2,000.00

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 18, 24, 30, 36, 39, 48, 54, and 88 months.

Kosamattam Finance NCD January 2024 Issue Size and Subscription Status

The Kosamattam Finance NCD January 2024 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹100.00 Crores
  • NCD Shelf Issue Size: ₹200.00 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 January 2024 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 January 2024 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 Limited Allotment Status is not available online at this time.

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 January 2024 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 A-/Stable', by India Ratings & Research Private Limited.

Sorry, we do not provide NCD recommendations. But we share a lot of information about Kosamattam Finance NCD January 2024 which could help you with questions like Kosamattam Finance NCD January 2024 buy or not? You should also read Kosamattam Finance NCD January 2024 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.