Kosamattam Financial NCD December 2020
Kosamattam Finance issued the Non-Convertible Debentures (NCD) subscription from 23rd December, 2020 and ending on 19th January 2021.
Kosamattam Finance offering upto 10.71% interest rates on the NCDs. The NCDs tenure will be for 36 months, 39 months, 48 months, 66 months and 84 months
Kosamattam Finance NCD December 2020 Details
| Description | Details |
|---|---|
| NCD Issue Open | 23-Dec-20 |
| NCD Issue Close | 19-Jan-21 |
| Issue Size – Base | Rs 175.00 Crores |
| Issue Size – Shelf | Rs 175.00 Crores |
| Price Band | Rs 1000 per NCD |
| Face Value | Rs 1000 each NCD |
| Interest Rate | Upto 10.71% ** |
| Minimum Lot size | 10 Bonds (Rs. 10,000) |
| Credit Rating | BWR BBB+/Stable , by Brickwork Ratings India Private Limited (“Brickwork Ratings”) |
| Payment Frequency | Monthly and Cumulative |
| Basis of Allotment | First Come First Serve Basis |
| Listing At | BSE |
Objects of the Issue
The objects of the issue are:
1. For the purpose of onward lending;
2. For repayment of interest and principal of existing debts of the Company; and
3. For general corporate purposes.
Kosamattam Finance NCD December 2020 – Documents
Kosamattam Finance NCD December 2020 Lead Manager(s)
- Karvy Investor Services Limited
- SMC Capitals Limited
Kosamattam Finance NCD December 2020 Registrar to the Issue
KFintech Private Limited
Important FAQs
When is the Kosamattam Finance NCD Dec 2020 issue open date ?
The Kosamattam Finance NCD issue open date is on 23rd December, 2020
When is the Kosamattam Finance NCD Dec 2020 issue close date ?
The Kosamattam Finance NCD issue close date is on 19th January, 2021
When is the price for one NCD for Kosamattam Finance NCD Dec 2020 issue ?
The price band is Rs 1000 per NCD and minimum lot size is 10 Bonds (Rs. 10,000
How to Apply Kosamattam Finance NCD Dec 2020 issue?
Apply from your demat account. You can apply via downloading form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centres.
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