10.47% Kosamattam Finance NCD September 2023

NCD Subscription Allotment Status
Kosamattam-Finance-NCD-September 2023

Kosamattam Finance NCD September 2023 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, and Telangana along with the Union Territory of Puducherry.

Its Gold Loan portfolio for financial years ending on 31 March 2023, 31 March 2022, and 31 March 2021, comprised 8,82,414; 8,10,711; 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 30 June 2023, the company had a network of 989 branches. It employed 4,092 persons in its business operations. Headquartered in Kottayam in the state of 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.

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

Kosamattam Finance NCD September 2023 Details

Subscription Dates8 – 22 September 2023
Security TypeSecured, Redeemable, Non-Convertible Debentures
Face ValueINR 1,000 per NCD
Issue PriceINR 1,000 per NCD
Issue Size (Base)INR 100 crores
Overall Issue Size (including oversubscription)INR 200 crores
Minimum Lot Size10 NCDs
Market Lot1 NCD
Tenor20 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 September 2023 – Options and Coupon Rates

OptionTenureInterest PaymentCoupon RateEffective YieldMaturity Amount
Series 120 monthsCumulativeNA8.52%INR 1,146
Series 224 monthsMonthly8.75%9.11%INR 1,000
Series 330 monthsCumulativeNA8.85%INR 1,236
Series 436 monthsMonthly9.25%9.65%INR 1,000
Series 539 monthsCumulativeNA9.25%INR 1,333
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 September 2023 Subscription Status (no. of times)

22 Sep 20230.000.016.320.001.90
21 Sep 20230.000.016.320.001.90
20 Sep 20230.
18 Sep 20230.
15 Sep 20230.000.015.670.001.70
14 Sep 20230.
13 Sep 20230.000.014.300.001.29
12 Sep 20230.000.013.550.001.06
11 Sep 20230.000.002.620.000.79
8 Sep 20230.

Kosamattam Finance NCD September 2023 Allotment Status

Kosamattam Finance NCD September 2023 allotment status is now updated on the KFin Technologies’ website. Click on this link to get allotment status.

Kosamattam Finance NCD September 2023 FAQs

What is the face value and lot size of Kosamattam Finance NCD September 2023?

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 September 2023?

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

What is the basis of allotment in Kosamattam Finance NCD September 2023 offer?

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


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