Kosamattam Finance NCD December 2022 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 the six month period ended September 30, 2022 and financial years ending on March 31, 2022, March 31, 2021, March 31, 2020 and March 31, 2020 comprised of 8,71,389; 8,10,711; 7,18,836; and 7,07,856, respectively gold loan accounts. For the six month period ended September 30, 2022, its gold loan portfolio stood at INR 3,951.09 crore which amounted to 98.88% of its total loans portfolio.
As on October 31, 2022, the company had a network of 997 branches spread in the states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Delhi, Maharashtra, Gujarat and Telangana along with the Union Territory of Puducherry and it employed 3,728 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 December 19, 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 February 7, 2006 which is valid up to February 28, 2023.
Promoters of Kosamattam Finance – Mathew K. Cherian, Laila Mathew, and Jilu Saju Varghese
Kosamattam Finance NCD December 2022 Details
| Subscription Dates | 14 December 2022 – 13 January 2023 |
| Security Type | Secured, Redeemable, Non-Convertible Debentures |
| Face Value | INR 1,000 per NCD |
| Issue Price | INR 1,000 per NCD |
| Issue Size (Base) | INR 200 crores |
| Overall Issue Size (including oversubscription) | INR 400 crores |
| Minimum Lot size | 10 NCDs |
| Market Lot | 1 NCD |
| Tenor | 18 months 24 months 30 months 36 months 39 months 48 months 54 months 88 Months |
| Credit Rating | IND A-/Stable |
| Category Reservation | Category 1 (QIB): 10% Category 2 (NII): 10% Category 3 (HNI): 30% Category 4 (Retail): 50% |
| Basis of Allotment | First Come First Serve |
| Listing On | BSE |
Kosamattam Finance NCD December 2022 – Options and Coupon Rates
| Option | Tenure | Interest Payment | Coupon Rate | Effective Yield | Maturity Amount |
| Series 1 | 18 months | Cumulative | NA | 8.00% | INR 1,122.40 |
| Series 2 | 24 months | Monthly | 8.25% | 8.57% | INR 1,000 |
| Series 3 | 30 months | Cumulative | NA | 8.49% | INR 1,226 |
| Series 4 | 36 months | Monthly | 9% | 9.38% | INR 1,000 |
| Series 5 | 39 months | Cumulative | NA | 9.25% | INR 1,333 |
| Series 6 | 48 months | Monthly | 9.50% | 9.92% | INR 1,000 |
| Series 7 | 54 months | Cumulative | NA | 9.43% | INR 1,500 |
| Series 8 | 88 months | Cumulative | NA | 9.91% | INR 2,000 |
Kosamattam Finance Non Convertible Debentures Lead Manager
SMC CAPITALS LIMITED
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
KFIN TECHNOLOGIES LIMITED
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 Contact Details
KOSAMATTAM FINANCE LIMITED
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 December 2022 Subscription Status (no. of times)
| Date | QIB | NII | HNI | Retail | Total |
| 13 Jan 2023 | 0.00 | 0.01 | 0.77 | 2.51 | 1.49 |
| 12 Jan 2023 | 0.00 | 0.01 | 0.77 | 2.51 | 1.49 |
| 11 Jan 2023 | 0.00 | 0.01 | 0.77 | 2.51 | 1.49 |
| 10 Jan 2023 | 0.00 | 0.01 | 0.77 | 2.51 | 1.49 |
| 9 Jan 2023 | 0.00 | 0.01 | 0.76 | 2.49 | 1.47 |
| 6 Jan 2023 | 0.00 | 0.00 | 0.74 | 2.33 | 1.39 |
| 5 Jan 2023 | 0.00 | 0.00 | 0.70 | 2.22 | 1.32 |
| 4 Jan 2023 | 0.00 | 0.00 | 0.71 | 2.13 | 1.28 |
| 3 Jan 2023 | 0.00 | 0.00 | 0.67 | 2.05 | 1.23 |
| 2 Jan 2023 | 0.00 | 0.00 | 0.64 | 1.97 | 1.18 |
| 30 Dec 2022 | 0.00 | 0.00 | 0.62 | 1.94 | 1.15 |
| 29 Dec 2022 | 0.00 | 0.00 | 0.57 | 1.81 | 1.08 |
| 28 Dec 2022 | 0.00 | 0.00 | 0.56 | 1.75 | 1.04 |
| 27 Dec 2022 | 0.00 | 0.00 | 0.56 | 1.75 | 1.04 |
| 26 Dec 2022 | 0.00 | 0.00 | 0.52 | 1.58 | 0.95 |
| 23 Dec 2022 | 0.00 | 0.00 | 0.49 | 1.48 | 0.89 |
| 22 Dec 2022 | 0.00 | 0.00 | 0.49 | 1.48 | 0.89 |
| 21 Dec 2022 | 0.00 | 0.00 | 0.44 | 1.27 | 0.76 |
| 20 Dec 2022 | 0.00 | 0.00 | 0.40 | 1.15 | 0.70 |
| 19 Dec 2022 | 0.00 | 0.00 | 0.35 | 0.97 | 0.59 |
| 16 Dec 2022 | 0.00 | 0.00 | 0.26 | 0.68 | 0.42 |
| 15 Dec 2022 | 0.00 | 0.00 | 0.17 | 0.38 | 0.24 |
| 14 Dec 2022 | 0.00 | 0.00 | 0.06 | 0.12 | 0.08 |
Kosamattam Finance NCD December 2022 Allotment Status
Kosamattam Finance NCD December 2022 allotment status will be updated at the website of KFin Technologies’ website. Click on this link to get allotment status.
Kosamattam Finance NCD December 2022 FAQs
What is the face value and lot size of Kosamattam Finance NCD December 2022?
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 December 2022?
The frequency of payment for Kosamattam Finance NCD is Monthly & Cumulative.
What is basis of allotment in Kosamattam Finance NCD December 2022 offer?
Kosamattam Finance NCDs will be allotted on a First Come First Serve Basis.
