10.47% Kosamattam Finance NCD April 2024


Last updated on April 24, 2024

NCD Subscription Allotment Status
Kosamattam Finance NCD April 2024

Kosamattam Finance NCD April 2024 Description – The company is a systemically important non-deposit-taking NBFC primarily engaged in the Gold Loan business, lending money against the pledge of household jewellery (Gold Loans) in the state of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Delhi, Maharashtra, Gujarat, Uttar Pradesh, and Telangana along with the Union Territory of Puducherry.

Its Gold Loan portfolio for FY 2023, 2022, and 2021, comprised 8,82,414; 8,10,711; and 7,18,836, respectively gold loan accounts. As of 31 March 2023, its gold loan portfolio stood at INR 4,454.08 crore which amounted to 98.68% of its total loan portfolio. As of 31 December 2023, the company had a network of 988 branches. It employed 3,818 persons in its business operations. Headquartered in Kottayam in Kerala, the company belongs to the Kosamattam Group led by Mathew K. Cherian.

It is registered with RBI as a systemically important, non-deposit-taking NBFC (Registration No. B-16.00117 dated 19 December 2013) under Section 45 IA of the RBI Act. Further, it also has a Full-Fledged Money Changers (FFMC) license bearing number FE.CHN.FFMC.40/2006 dated 7 February 2006, valid until 28 February 2025.

Kosamattam Finance NCD

Promoters of Kosamattam Finance – Mathew K. Cherian, Laila Mathew, and Jilu Saju Varghese

Kosamattam Finance NCD April 2024 Details

Subscription Dates8 – 23 April 2024
Security TypeSecured, Redeemable, Non-Convertible Debentures
Face ValueINR 1,000 per NCD
Issue PriceINR 1,000 per NCD
Issue Size (Base)INR 125 crores
Overall Issue Size (including oversubscription)INR 250 crores
Minimum Lot Size10 NCDs
Market Lot1 NCD
Tenor18 months
24 months
30 months
36 months
39 months
48 months
54 months
88 Months
Credit RatingIND A-/Stable
Category ReservationCategory 1 (QIB): 10%
Category 2 (NII): 10%
Category 3 (HNI): 30%
Category 4 (Retail): 50%
Basis of AllotmentFirst Come First Serve
Listing OnBSE

Kosamattam Finance NCD April 2024 – Options and Coupon Rates

OptionTenureInterest PaymentCoupon RateEffective YieldMaturity Amount
Series 118 monthsCumulativeNA8.52%INR 1,130.50
Series 224 monthsMonthly8.75%9.11%INR 1,000
Series 330 monthsCumulativeNA9.00%INR 1,240
Series 436 monthsMonthly9.50%9.92%INR 1,000
Series 539 monthsCumulativeNA9.42%INR 1,340
Series 648 monthsMonthly10.00%10.47%INR 1,000
Series 754 monthsCumulativeNA9.43%INR 1,500
Series 888 monthsCumulativeNA9.91%INR 2,000

Kosamattam Finance Non-Convertible Debentures Lead Manager

A-401/402, Lotus Corporate Park,
Off Western Express Highway,
Jai Coach Signal, Goregaon (East),
Mumbai – 400063, Maharashtra
Phone: +91 22 66481818
Email: [email protected]
Website: www.smccapitals.com

Kosamattam Finance Non Convertible Debentures Registrar

Selenium Tower B, Plot No – 31 & 32,
Financial District, Nanakramguda,
Serilingampally, Hyderabad Rangareddi,
500 032, Telangana, India
Phone: +91 40 6716 2222
Email: [email protected]
Website: www.kfintech.com

Kosamattam Finance NCD Documents

Kosamattam Finance NCD Contact Details

Kosamattam City Centre,
Floor Number 4th & 5th, T.B Road,
Kottayam – 686001, Kerala
Phone: +91 481 258 6400
Email: [email protected]
Website: www.kosamattam.com

Kosamattam Finance NCD April 2024 Subscription Status (no. of times)

23 Apr 20240.000.020.812.621.56
22 Apr 20240.000.020.822.601.55
19 Apr 20240.000.010.812.421.46
18 Apr 20240.000.010.802.341.41
16 Apr 20240.000.010.792.121.30
15 Apr 20240.000.010.711.961.19
12 Apr 20240.000.020.641.661.02
10 Apr 20240.000.020.581.370.86
9 Apr 20240.000.040.510.960.64
8 Apr 20240.

Kosamattam Finance NCD April 2024 Allotment Status

Kosamattam Finance NCD April 2024 allotment status will be updated on the KFin Technologies’ website. Click on this link to get allotment status.

Kosamattam Finance NCD April 2024 FAQs

What is the face value and lot size of Kosamattam Finance NCD April 2024?

The NCDs will be issued at a face value of INR 1,000 each NCD and the minimum lot size is 10 NCDs.

What is the frequency of interest payment in Kosamattam Finance NCD April 2024?

The frequency of payment for Kosamattam Finance NCD is Monthly and Cumulative.

What is the basis of allotment in Kosamattam Finance NCD April 2024 offer?

Kosamattam Finance NCDs will be allotted on a First Come First Serve Basis.


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