Bond Directory / KOSAMATTAM FINANCE LIMITED

KOSAMATTAM FINANCE LIMITED

BLOCKED DUE TO ACA

11.25% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES VI. LETTER OF ALLOTMENT. DATE OF MATURITY 30/11/2020

ISIN

INE403Q07326

Copied

Essentials

Coupon Rate (Returns)

11.25%

Rating

BBB-  CARE Ratings Limited

Interest Payment Frequency

MONTHLY

Twelve Times A Year

Maturity after

-4 years -7 months

Nov 30, 2020

Face Value

₹1,000

Coupon Type

Simple

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

18.72 Crores

Issue Price

₹1,000

Security class

Debentures

Listing details

BSE

Debenture Trustee

Vistra ITCL (India) Limited

Issue

Public Issue

Issuer Details

KOSAMATTAM FINANCE LIMITED

Business Sector

Non-Banking Financial Company (NBFC)

Issuer Nature type

NBFC

Issuer Ownership

Non PSU

Factors

*Rating Agency -CARE Ratings Limited

Issue Size

Small

Rating Category*

BBB

Tax Saving

No

Mode of Issuance

Public Issue

Coupon Type

Simple

Factors

Issue Size

Small

Rating Category*

BBB

Tax Saving

No

Mode of Issuance

Public Issue

Coupon Type

Simple

*Rating Agency - CARE Ratings Limited

Note: Pursuant to the provisions of Section 193 of the Income Tax Act, 1961, as amended, effective from 1st April 2023, TDS will be deducted at the rate of 10% (or such other rates as may be notified from time to time) on any interest payable on any security issued by a company other than securities issued by the Central Government or a State Government. The listing of products above: (a) should not be considered an advertisement, endorsement, or recommendation to invest. Please use your own discretion before you transact. (b) is in compliance with regulatory framework as applicable for Online Bond Platform Provider (c) at their given price or yield are subject to availability and market cut-off timings.

Know this Issuer

It's essential to understand the issuer of the bonds where you're investing your money.

Kosamattam Finance Limited

Kosamattam Finance Limited (KFL), a Kerala-based non-deposit taking NBFC registered with the RBI, focuses on the business of lending money against high-yielding gold jewelry, predominantly in the southern region of India.

Financial Performance

Particulars FY25 (₹ in cr) FY24 (₹ in cr) FY23 (₹ in cr)
AUM 5688.08 5310.34 4845.69
GNPA% 1.37 1.44 1.58
GEARING (times) 4.97 5.39 6.04
REVENUE 900.42 858.93 782.54
NNPA% 0.46 0.52 0.68
NET WORTH 1062.83 927.56 763.99
CRAR% 18.78 18.42 17.71
PAT 127 113 107

Maintained growth runway and deepening presence in southern geographies

Stable asset quality

Funding mix on path of diversification

Scope for improvement in profitability with increased operational efficiency

Geographically concentrated portfolio

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

BBB-

(Jan 03, 2020)

Instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Such instruments carry moderate credit risk.

Credit Outlook

Stable

A Stable outlook indicates that the Rating is likely to remain unchanged

Rating Watch

Not Applicable

Not Applicable

Repayment Priority

Higher the level, higher the priority of investment repayment on default

Senior

Security with Collateral?

An investment secured with collateral helps

SECURED

UNSECURED

Type of Guarantee

Guarantee of investment by third-party if company defaults

GUARANTEED

NON GUARANTEED

PARTIAL GUARANTEED

What other details I need to know?

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