9.92% Kosamattam Finance NCD July 2022

NCD Subscription Allotment Status

Kosamattam Finance NCD July 2022 description – Kosamattam Finance 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. The company’s gold loan portfolio for the 12-month period ending 31 March 2022 comprised of 8,10,711 gold loan accounts, aggregating to INR3,65,802.24 lakhs. The company also has a Full-Fledged Money Changers (FFMC) license which is valid up to 28 February 2023.

As on 30 June 2022, it had a network of 997 branches and employed 3,570 persons in its business operations. Its Gold Loan customers are typically businessmen, vendors, traders, farmers, salaried individuals and families, who for reasons of convenience, accessibility or necessity, avail of credit facilities by pledging their gold jewellery.

In addition to the core business of Gold Loan, the company also offers fee based ancillary services which includes microfinance, money transfer services, foreign currency exchange, power generation, agriculture and air ticketing services.

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

Kosamattam Finance NCD July 2022 Details

Subscription Dates13 July – 4 August 2022
Security TypeSecured, Redeemable, Non-Convertible Debentures
Face ValueINR1,000 per NCD
Issue PriceINR1,000 per NCD
Issue Size (Base)INR175 crore
Overall Issue Size (including oversubscription)INR300 crore
Minimum Lot size10 NCDs
Market Lot1 NCD
Tenor400 days
36 months
42 months
48 months
54 months
60 months
88 months
Credit RatingBWR BBB+/Positive
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 July 2022 – Options and Coupon Rates

OptionTenureInterest PaymentCoupon RateEffective YieldMaturity Amount
Series 1400 daysMonthly7%7.23%INR1,000
Series 236 monthsMonthly8.5%8.84%INR1,000
Series 336 months CumulativeNA9%INR1,295
Series 442 monthsMonthly9%9.38%INR1,000
Series 548 months Monthly9.5%9.92%INR1,000
Series 654 months CumulativeNA9.43%INR1,500
Series 760 months Monthly9.25%9.65%INR1,000
Series 8 88 months Cumulative NA9.91%INR2,000

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 31-32
Gachibowli, Financial District
Nanakramguda, Serilingampally,
Hyderabad 500 032
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: https://www.kosamattam.com

Kosamattam Finance NCD July 2022 Subscription Status (no. of times)

DatesCategory 1 (QIB)Category 2 (NII) Category 3 (HNI)Category 4 (Retail)Total
4 Aug 2022
3 Aug 20220.000.014.850.001.46
2 Aug 2022
1 Aug 20220.
29 July 2022
28 July 2022
27 July 2022
26 July 20220.000.013.460.001.04
25 July 20220.
22 July 20220.000.002.890.000.87
21 July 20220.000.002.630.000.79
20 July 20220.
18 July 20220.000.001.650.000.50
15 July 20220.
14 July 20220.000.000.630.000.19
13 July 2022

Kosamattam Finance NCD July 2022 Allotment Status

Kosamattam Finance NCD 2022 allotment status will be updated at the website of KFin Technologies’ website. Click on this link to get allotment status.

Kosamattam Finance NCD July 2022 FAQs

What is the face value and lot size of Kosamattam Finance NCD 2022?

The NCDs will be issued at a face value of INR1,000 each NCD and the minimum lot size is 10 NCDs.

What is the frequency of interest payment in Kosamattam Finance NCD 2022?

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

What is basis of allotment in Kosamattam Finance NCD 2022 offer?

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


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