Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Kosamattam Finance Ltd is a non-deposit taking NBFC that is primarily engaged in the business of Gold Loan, lending money against pledge 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 Jan 31, 2022, it has a network of 990 branches with a significant market presence in Southern India.
Competitive strengths
| Issue Open | July 13, 2022 - August 4, 2022 |
| Security Name | Kosamattam Finance Limited |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Issue Size (Base) | Rs 175.00 Crores |
| Issue Size (Shelf) | Rs 175.00 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 | BWR BBB+/Positive by Brickwork Ratings India Private Limited. |
| Tenor | 400 days, 36, 42, 48, 54, 60, 88 months |
| Series | Series I to VIII |
| Payment Frequency | Monthly and Cumulative |
| Basis of Allotment | First Come First Serve Basis |
Category  |
NCD's Allocated |
|---|---|
| Institutional | 10% |
| Non-Institutional | 10% |
| HNI | 30% |
| Retail | 50% |
| Category |
NCD's Reserved |
|---|---|
| Institutional | 175,000 |
| Non-Institutional | 175,000 |
| HNI | 525,000 |
| Retail | 875,000 |
| Total NCD's | 1,750,000 |
Coupon Rates
| Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | |
|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Monthly | Monthly | Cumulative | Monthly | Monthly | Cumulative | Monthly | Cumulative |
| Nature | Secured | |||||||
| Tenor | 400 Days | 36 months | 36 months | 42 months | 48 months | 54 months | 60 months | 88 months |
| Coupon Rate | 7.00% | 8.50% | NA | 9.00% | 9.50% | NA | 9.25% | NA |
| Effective Yield (% per Annum) | 7.23% | 8.84% | 9.00% | 9.38% | 9.92% | 9.43% | 9.65% | 9.91% |
| Amount on Maturity | Rs 1,000 | Rs 1,000 | Rs 1,295 | Rs 1,000 | Rs 1,000 | Rs 1,500 | Rs 1,000 | Rs 2,000 |
The NCDs proposed to be issued under this Issue have been rated "BWR BBB+/Positive" by Brickwork Ratings India Private Limited for an amount of Rs.35,000 lakhs. Instruments with such ratings are considered to have a moderate degree of safety regarding timely servicing of financial obligations therefore, carry moderate credit risk.
Mathew K. Cherian, Laila Mathew, and Jilu Saju Varghese are the company promoters.
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth |
|---|---|---|---|---|
| 31-Mar-20 | 3297.45 | 499.33 | 47.66 | 420.44 |
| 31-Mar-21 | 4006.16 | 541.84 | 65.25 | 520.56 |
| 31-Mar-22 | 4544.1 | 624.79 | 78.92 | 657 |
| Amount in ₹ Crore | ||||
The NCD purposes to raise funds for the following purposes;
The Kosamattam Finance NCD July 2022 was subscribed 1.74 times on August 4, 2022 5:00:00 AM. The NCD subscribed 3.00 times in Retail, 0.78 times in HNI, 0.01 times in Non-Institutional, and 0.00 times in the Institutional category.
| Category ? | Subscription (times) |
|---|---|
| Retail | 3.00x |
| HNI | 0.78x |
| Non-Institutional | 0.01x |
| Institutional | 0.00x |
| Total | 1.74x |
9 1.7 Rating:  Vote Here ... |
Kosamattam Finance Limited
Kosamattam City Centre,
Floor Number 4th & 5th,
T.B Road, Kottayam - 686001
Phone: +91 481 258 6400
Email: cs@kosamattam.com
Website: https://www.kosamattam.com/
Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
