Kosamattam Finance Ltd   NCD  Issue open from 22 Dec 2016 & Issue close date 20 Jan 2016. Issue size of Rs. 150 Cr. With an option to retain over- Subscription upto Rs. 150 Cr., aggregating to a total up to Rs. 300 Cr.  

 Allotment -First Come First Serve Basis . Issue Closing Date depend upon subscription if issue subscribe early then issue close  

Issue Highlight – 

IssuerKosamattam Finance Ltd -
Type of InstrumentSecured, NCD
Issue Open22 Dec 2016
Issue Close20 Jan 2016 (with option of early closure or extension)
Issue Size150 Cr. with an option to retain oversubscription of 150 Cr. Total 300 Cr
Face ValueRs. 1,000
Min. Application Size10 Bonds (Rs.10000) & multiply of 1 NCD thereafter (across all series NCD)
Interest Monthly & Cumulative
Mode of AllotmentD'mat as well as Physical Form
Rating IND- "BBB-" (TRIPLE B MINUS)
ListingProposed on BSE
Interest on Application on Amount Allotted--
Interest on Application on Amount to be refunded--

Issue Structure -Interest Rate Details for Retail Investor –

 

Cheque Details-  

Retail Investor              : ” Kosamattam Finance Ltd – NCD Escrow Account  “

Note :   Application will be rejected if banked without uploading in the electronic system of the recognized stock exchange. (Bidding process)

Who can not Apply

  • Minors without a guardian name
  • Individuals or entities that are not resident in India and
  • Person ineligible to contract under applicable statutory / regulatory requirement

About the Issuer

Kosamattam Finance Ltd, headquartered in the southern Indian state of Kerala, is a NBFC lending money against pledge of used household gold jewellery “Gold Loans” in the state of Kerala, TamilNadu, Karnataka Andra Pradesh, Delhi and in the Union Territory of Poducherry.

The Kosamattam group was originally founded by Mr. Chacko Varkey. His grandson, Mr. Mathew K. Cherian, the present Chairman and managing director of Kosamattam Group is a fourth generation entrepreneur in the family.

As on Aug 30 2014, KFL is having a branch network of 848 branches largely spread across southern India. Their average gold loan amount outstanding was Rs.26,361 per loan account as of Mar 31 2014.

In addition to the core business of Gold loan, they also offer fee based ancillary services which includes money transfer service, foreign currency  exchange and air ticketing services.

Key Strengths

  • Part of Kosamattam group which has a long operating history and good large customer base.
  • Branch network across rural and semi-urban areas in South India.
  • Experience manangement team
  • Effective risk management system include appraisal , internal audit and inspections.

Kosamattam Finance Ltd  NCD Allotment Listing Details with ISIN No , Script Code, Interest Payment Date etc.

NCDKosamattam Finance Ltd
Issue Open22 Dec 2016
Issue Close 20 Jan 2017
Issue RegistrarKarvy Computershare
Listing ExchangeBSE
Allotment Date2 Feb 2017
Listing Date6 Feb 2017
Interest Payment Date
Face Value1000
Circular Ref. NoBSE- 20170203-14
SeriesIIIIIIIVVVIVIIVIII
CouponN.A.9.50%N.A.10.00%N.A.N.A.10.25%N.A.
Effective Yield9.00%9.92%9.50%10.47%10.00%10.22%10.75%10.41%
ISIN NoINE 403Q07557INE 403Q07565INE 403Q07573INE 403Q07581INE 403Q07599INE 403Q07607INE 403Q07615INE 403Q07623
BSE Code935968935970935972935974935976935978935980935982
Maturity08-03-201831-07-201831-07-201831-01-202031-01-202031-03-202131-01-202231-01-2024
Maturity Amt1099.0410001145.8310001331150010002000
Security Desc.SecuredSecuredSecuredSecuredSecuredSecuredSecuredSecured

 

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Contact Us for Investment

rajendra@puneinvest.com

Mobile 7719917444

https://i1.wp.com/www.puneinvest.com/wp-content/uploads/thumb_kfl_NCD.jpg?fit=167%2C169https://i0.wp.com/www.puneinvest.com/wp-content/uploads/thumb_kfl_NCD.jpg?resize=150%2C150RajendraNCDKosamattam Finance Ltd   NCD  Issue open from 22 Dec 2016 & Issue close date 20 Jan 2016. Issue size of Rs. 150 Cr. With an option to retain over- Subscription upto Rs. 150 Cr., aggregating to a total up to Rs. 300 Cr.    Allotment -First Come First Serve Basis . Issue...Investment you need