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Kosamattam Finance NCD Mar 2022 Detail
Issue Open Mar 14, 2022
Issue Close Apr 8, 2022
Issue Size (Base) ₹200.00 Crores
Issue Size (Shelf) ₹200.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE

Kosamattam Finance NCD Mar 2022 Date & Price

The Kosamattam Finance NCD Mar 2022 issue opens on Mar 14, 2022, and closes on Apr 8, 2022, 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 Mar 2022 Issue Timetable

Bid/Offer Opens OnMar 14, 2022
Bid/Offer Closes OnApr 8, 2022
Record Date
Deemed Date of Allotment

Kosamattam Finance NCD Mar 2022 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 Mar 2022 is Monthly and Cumulative.

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

Kosamattam Finance NCD Mar 2022 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until Apr 8, 2022. The bid may close earlier in case it is fully subscribed.

Coupon Rates for Each Series

'
Options I II III IV V VI VII VIII
Nature Secured NCDs
Tenure 18 months 36 months 36 Months 42 months 48 months 54 months 60 months 88 months
Frequency of Interest Payment Cumulative Monthly Cumulative Monthly Monthly Cumulative Monthly Cumulative
Minimum Application 10,000 (10 NCDs)
In Multiples of 1 NCD after minimum application
Face Value of NCDs (Rs /NCD) Rs 1000 (1 NCD)
Issue Price (Rs /NCD) Rs 1000 (1 NCD)
Mode of Interest Payment/Redemption Through various options available
Coupon Rate % Per Annum NA 8.75% NA 9.25% 9.50%NA 10% NA
Coupon Type Fixed
Redemption Amount (₹ /NCD) for Debenture Holders (%) 1,123 1,000 1,295 1,000 1,000 1,500 1,000 2,000
Effective Yield (%) 8.04% 9.11% 9% 9.65% 9.92% 9.43% 10.47% 9.91%
Put and Call Option NA

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 18, 36, 42, 48, 54, 60 and 88 months.

Kosamattam Finance NCD Mar 2022 Issue Size and Subscription Status

The Kosamattam Finance NCD Mar 2022 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹200.00 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 Mar 2022 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 Mar 2022 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 Mar 2022 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+/Stable by Indian Ratings & Research Pvt Ltd for an amount of Rs. 400 crores. Instruments with such ratings are considered to have a moderate degree of safety regarding timely servicing of financial obligations therefore, carry moderate credit risk.

Sorry, we do not provide NCD recommendations. But we share a lot of information about Kosamattam Finance NCD Mar 2022 which could help you with questions like Kosamattam Finance NCD Mar 2022 buy or not? You should also read Kosamattam Finance NCD Mar 2022 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.

2 Comments

2. Foster  
When will be the interest credit for a NCD with monthly frequency ?
1. Vaibhav  
This is already listed in BSE and unable to search the right symbol/name, what is the ISIN for this issue?