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Kosamattam Finance Ltd is a Kerala Based NBFC engaged in gold loan finance business. They lends money against the pledge of household Jewellery in the state of Kerala, Tamilnadu, Karnataka, Andhra Pradesh, Delhi and in the Union Territory of Puducherry. They also offers fee based ancillary services which include money transfer services, foreign currency exchange and air ticketing services.
Kosamattam finance has numerous branches spread across the rural and semi urban localities in the country. Their customers involve people from various strata of life including small business men, entrepreneurs, farmers, retailers and the common man who find it difficult to access credit facilities from banks and other financial institutions due to the hectic procedures involved. They provide Business and Personal Loans secured against Ornaments and Gold.
Issue Open | March 29, 2017 - April 27, 2017 |
Security Name | Kosamattam Finance Ltd |
Security Type | |
Issue Size (Base) | Rs 250.00 Crores |
Issue Size (Shelf) | Rs [.] Crores |
Issue Price | Rs 1000 per NCD |
Face Value | Rs 1000 each NCD |
Minimum Lot size | 10 NCD |
Market Lot | 10 NCD |
Listing At | BSE |
Credit Rating | |
Tenor | |
Series | |
Payment Frequency | |
Basis of Allotment | First Come First Serve Basis |
The promoters of the company are:
1. Mr. Mathew K. Cherian
2. Ms. Laila Mathew and
3. Ms. Jilu Saju Varghese
The object of the issue are to:
1. For the purpose of onward lending and for repayment of interest and principal of existing loans;
2. General Corporate Purposes.
These bonds are graded as IND BBB- (triple B minus) by India Rating and Research Pvt Ltd. The rating indicates that instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Such instruments carry moderate credit risk.
NCDs have tenure of 400 days, 18 months, 36 months, 52 months, 60 months and 86 months. Its coupon rates ranging from 9 per cent to 10 per cent depending on the tenure and the option.
Kosamattam Finance Ltd
Kosamattam Mathew K Cherian Bld,
Market Junction,
M.L.Road, Kottayam, Kerala
Phone: +91 481 258 6400
Email: cs@kosamattam.com
Website: http://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@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/
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sir i have 21 NCD of kosamattam finance ltd. (18 MONTH-- 1 NCD -115KFL2016C + 36 MONTH -125KFL2018E 10 NCD - + 70 MONTH 10 NCD--13KFL2021H ) . all ncd was in my IIFL demat account . i have closed this nsdl ( IIFL -5PAISA ) account and all my share and ncd are transfer to ZERODHA demat account .
But only one ncd (18 MONTH-- 1 NCD -115KFL2016C ) is not transfer in new demat account . i call to your phone no ( +91 4812586400 ) for help for this issue but not under standing my language in English or Hindi by your tele. operator. so please help me how to transfer my ncd from NSDL to CDSL account of ZERODHA.
PLEASE DO NEEDFUL ACTION IN THIS MATTER AND REPLY ME .