Home NCD Bonds Kosamattam Finance NCD December 2020 – Issue Date, Review & Interest Rates

Kosamattam Finance NCD December 2020 – Issue Date, Review & Interest Rates

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

DescriptionDetails
NCD Issue Open 23-Dec-20
NCD Issue Close 19-Jan-21
Issue Size  – BaseRs 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

Red Herring Prospectus

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.

Also Read

Muthoot Finance NCD December 2020, Issue date, Review & Interest Rates

Edelweiss Financial NCD December 2020 – Issue Date, Review & Interest Rates

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