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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 | May 2, 2016 - May 31, 2016 |
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 |
These bonds are rated as CARE/BB+ by CARE that is indicating that instruments with this rating are considered to have moderate risk of default regarding timely servicing of financial obligations.
NCDs have tenure of 400 days, 24 months, 36 months, 48 months and 78 months. Its coupon rates ranging from 9.75% to 11.15% giving yields ranging from 9.50% to 11.74% as per the option selected by the investors.
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:
Website: https://kosmic.kfintech.com/ipostatus/
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