Kosamattam Finance Limited NCD (Kosamattam Finance NCD April 2023) Detail

April 11, 2023 - April 25, 2023

Kosamattam Finance Ltd is a non-deposit-taking NBFC that is primarily engaged in the business of Gold Loan, lending money against pledges of household Jewellery in Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Maharashtra, Delhi, Gujarat, and Telangana along with Union Territory of Puducherry.

In addition to the gold loan, it also offers fee-based ancillary services such as microfinance, money transfer services, power generation, foreign currency exchange, agriculture, and air ticketing services. As of October 31, 2022, it has a network of 997 branches with a significant market presence in Southern India.

Competitive strengths

The company belongs to the Kosamattam, Group led by Mathew K. Cherian. The company is headquartered in Kottayam in the state of Kerala.

Part of Kosamattam Group, one of the leading financial service groups in South India.
Branch network in rural and semi-urban areas in South India.
Organized and efficient IT infrastructure.
Experienced management team and skilled personnel.

Kosamattam Finance NCD April 2023 Detail

Issue Open	April 11, 2023 - April 25, 2023
Security Name	Kosamattam Finance Limited
Security Type	Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Issue Size (Base)	Rs 150.00 Crores
Issue Size (Shelf)	Rs 300.00 Crores
Issue Price	Rs 1000 per NCD
Face Value	Rs 1000 each NCD
Minimum Lot size	10 NCD
Market Lot	1 NCD
Listing At	BSE
Credit Rating	IND A-/Stable by India Ratings
Tenor	15, 24, 30, 36, 39, 48, 54, and 88 months
Series	Series I to VIII
Payment Frequency	Monthly and Cumulative
Basis of Allotment	First Come First Serve Basis
Debenture Trustee/s	Vistra Itcl India Limited

NCD Allocation Ratio

Category	NCD's Allocated
Institutional	10%
Non-Institutional	10%
HNI	30%
Retail	50%

NCD's Offered by Category

Category	NCD's Reserved
Institutional	150,000
Non-Institutional	150,000
HNI	450,000
Retail	750,000
Total NCD's	1,500,000

Kosamattam Finance Limited NCD Coupon Rates

#	Series 1	Series 2	Series 3	Series 4	Series 5	Series 6	Series 7	Series 8
Frequency of Interest Payment	Cumulative	Monthly	Cumulative	Monthly	Cumulative	Monthly	Cumulative	Cumulative
Nature	Secured	Secured	Secured	Secured	Secured	Secured	Secured	Secured
Tenor	15 Months	24 Months	30 Months	36 Months	39 Months	48 Months	54 Months	88 Months
Coupon (% per Annum)	NA	8.75%	NA	9.00%	NA	9.50%	NA	NA
Effective Yield (% per Annum)	8.50%	9.11%	8.85%	9.38%	9.25%	9.92%	9.43%	9.91%
Amount on Maturity (In Rs.)	Rs 1,107.40	Rs 1,000.00	Rs 1,236.00	Rs 1,000.00	Rs 1,333.00	Rs 1,000.00	Rs 1,500.00	Rs 2,000.00

NCD Rating

The NCDs proposed to be issued under this Issue have been rated 'IND A-/Stable', by India Ratings & Research Private Limited.

Company Promoters

Mathew K. Cherian, Laila Mathew, and Jilu Saju Varghese are the company promoters.

Company Financials

Kosamattam Finance Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth
31-Mar-20	3,297.45	499.33	47.66	420.44
31-Mar-21	4,006.16	541.84	65.25	520.56
31-Mar-22	4,544.11	624.79	78.92	657.00
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilize the funds towards funding the following objects:

For the purpose of onward lending;
For repayment of interest and principal of existing debts of our Company;
For general corporate purposes;

Kosamattam Finance NCD April 2023 Prospectus

› Draft Prospectus
› Red Herring Prospectus

Kosamattam Finance NCD April 2023 Subscription Status

The Kosamattam Finance NCD April 2023 was subscribed 1.09 times on April 25, 2023 1:00:00 AM. The NCD subscribed 0.00 times in Retail, 3.62 times in HNI, 0.00 times in Non-Institutional, and 0.00 times in the Institutional category.

Category ?	Subscription (times)
Retail	0.00x
HNI	3.62x
Non-Institutional	0.00x
Institutional	0.00x
Total	1.09x

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Company Contact Information

Kosamattam Finance Limited
Kosamattam City Centre,
Floor Number 4th & 5th,
T.B Road, Kottayam - 686001, Kerala

Phone: +91 481 258 6400
Email: cs@kosamattam.com
Website: http://www.kosamattam.com/

Kosamattam Finance NCD April 2023 Registrar

Kfin Technologies Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email: kosamattam.ncd@kfinech.com
Website: https://kosmic.kfintech.com/ipostatus/