9.92% Kosamattam Finance NCD December 2022

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NCD Subscription Allotment Status
Kosamattam-Finance-NCD

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 Dates14 December 2022 – 13 January 2023
Security TypeSecured, Redeemable, Non-Convertible Debentures
Face ValueINR 1,000 per NCD
Issue PriceINR 1,000 per NCD
Issue Size (Base)INR 200 crores
Overall Issue Size (including oversubscription)INR 400 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 December 2022 – Options and Coupon Rates

OptionTenureInterest PaymentCoupon RateEffective YieldMaturity Amount
Series 118 monthsCumulativeNA8.00%INR 1,122.40
Series 224 monthsMonthly8.25%8.57%INR 1,000
Series 330 monthsCumulativeNA8.49%INR 1,226
Series 436 monthsMonthly9%9.38%INR 1,000
Series 539 monthsCumulativeNA9.25%INR 1,333
Series 648 monthsMonthly9.50%9.92%INR 1,000
Series 754 monthsCumulativeNA9.43%INR 1,500
Series 888 monthsCumulativeNA9.91%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)

DateQIBNIIHNIRetailTotal
13 Jan 20230.000.010.772.511.49
12 Jan 20230.000.010.772.511.49
11 Jan 20230.000.010.772.511.49
10 Jan 20230.000.010.772.511.49
9 Jan 20230.000.010.762.491.47
6 Jan 20230.000.000.742.331.39
5 Jan 20230.000.000.702.221.32
4 Jan 20230.000.000.712.131.28
3 Jan 20230.000.000.672.051.23
2 Jan 20230.000.000.641.971.18
30 Dec 20220.000.000.621.941.15
29 Dec 20220.000.000.571.811.08
28 Dec 20220.000.000.561.751.04
27 Dec 20220.000.000.561.751.04
26 Dec 20220.000.000.521.580.95
23 Dec 20220.000.000.491.480.89
22 Dec 20220.000.000.491.480.89
21 Dec 20220.000.000.441.270.76
20 Dec 20220.000.000.401.150.70
19 Dec 20220.000.000.350.970.59
16 Dec 20220.000.000.260.680.42
15 Dec 20220.000.000.170.380.24
14 Dec 20220.000.000.060.120.08

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.

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