12.13% Chemmanur Credits NCD December 2022

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Last updated on January 7, 2023

NCD Subscription Allotment Status
Chemmanur Credits NCD

Chemmanur Credits NCD Description – The company is a non-deposit-taking, non-banking financial company (base layer) registered with the RBI. It is primarily engaged in the gold loan sector lending money against the pledge of household gold jewellery (“Gold Loans”) in the state of Kerala, Tamil Nadu and Karnataka. It also provides microfinance loans, business and personal loans, money transfer services and distribution of third-party insurance products.

The company has been engaged in the lending business for more than 11 years and is based in Kerala, India. As of September 30, 2022, the company operated through 161 branches located across 3 states namely Kerala, Tamil Nadu & Karnataka managed through its registered office located at Thrissur, Kerala and employed 881 persons in its business operations.

The company is a part of Boby Chemmanur Group which is engaged in a diverse range of businesses and is based in Kerala, India. The group has retail gold jewellery showrooms in the USA and the Middle East apart from those in India. The Boby Chemmanur Group has received BIS certification for the purity of gold.

Promoters of Chemmanur Credits – Chemmanur Devassykutty Boby


Chemmanur Credits NCD December 2022 Details

Subscription Dates14 December 2022 – 06 January 2023
Security TypeSecured, Redeemable, Non-Convertible Debentures
Face ValueINR 1,000 per NCD
Issue PriceINR 1,000 per NCD
Issue Size (Base)INR 50 crores
Overall Issue Size (including oversubscription)INR 100 crores
Minimum Lot size10 NCDs
Market Lot1 NCD
Tenor366 days
18 months
24 months
36 months
60 months
74 Months
Credit RatingCRISIL BBB- / Stable
Category ReservationCategory 1 (QIB): 10%
Category 2 (NII): 40%
Category 3 (Retail): 50%
Basis of AllotmentFirst Come First Serve
Listing OnBSE

Chemmanur Credits NCD December 2022 – Options and Coupon Rates

OptionTenureInterest PaymentCoupon RateEffective YieldMaturity Amount
Series 1366 daysMonthly9.50%9.92%INR 1,000
Series 218 monthsMonthly10.50%11.02%INR 1,000
Series 324 monthsMonthly10.75%11.30%INR 1,000
Series 436 monthsMonthly11.00%11.57%INR 1,000
Series 560 monthsMonthly11.50%12.13%INR 1,000
Series 624 monthsCumulativeNA10.75%INR 1,227
Series 736 monthsCumulativeNA11.00%INR 1,368
Series 874 monthsCumulativeNA11.90%INR 2,000

Chemmanur Credits Non Convertible Debentures Lead Manager

VIVRO FINANCIAL SERVICES PRIVATE LIMITED
607/608 Marathon Icon, Opp. Peninsula
Corporate Park Off. Ganpatrao Kadam Marg,
Veer Santaji Lane, Lower Parel,
Mumbai-400 013, Maharashtra, India
Phone: +91 22 6666 8040/41/42
Email: [email protected]
Website: www.vivro.net


Chemmanur Credits 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


Chemmanur Credits NCD Documents


Chemmanur Credits Contact Details

CHEMMANUR CREDITS AND INVESTMENTS LIMITED
Mangalodhayam Building
Round South
Thrissur – 680001
Kerala, India
Phone: +910487-6621200/2424010
Email: [email protected]
Website: www.chemmanurcredits.com


Chemmanur Credits NCD December 2022 Subscription Status (no. of times)

DateQIBNIIRetailTotal
6 Jan 20230.002.202.352.06
5 Jan 20230.002.162.201.97
4 Jan 20230.001.642.111.71
3 Jan 20230.001.592.011.64
2 Jan 20230.001.541.911.57
30 Dec 20220.001.541.911.57
29 Dec 20220.001.481.731.45
28 Dec 20220.001.421.681.41
27 Dec 20220.001.421.681.41
26 Dec 20220.001.291.561.30
23 Dec 20220.001.241.461.23
22 Dec 20220.001.241.461.23
21 Dec 20220.001.181.331.14
20 Dec 20220.001.141.221.07
19 Dec 20220.001.051.090.97
16 Dec 20220.000.950.840.80
15 Dec 20220.000.880.620.66
14 Dec 20220.000.430.330.34


Chemmanur Credits NCD December 2022 Allotment Status

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


Chemmanur Credits NCD December 2022 FAQs

What is the face value and lot size of Chemmanur Credits 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 Chemmanur Credits NCD December 2022?

The frequency of payment for Chemmanur Credits NCD is Monthly & Cumulative.

What is basis of allotment in Chemmanur Credits NCD December 2022 offer?

Chemmanur Credits NCDs will be allotted on a First Come First Serve Basis.

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