Bond Directory / KOSAMATTAM FINANCE LIMITED

KOSAMATTAM FINANCE LIMITED

ACTIVE

11% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 30/11/2024.

ISIN

INE403Q07DW9

Copied

Essentials

Coupon Rate (Returns)

11

Rating

A-  INDIA RATING AND RESEARCH PVT. LTD

Interest Payment Frequency

MONTHLY

Twelve Times A Year

Maturity after

5 months

Nov 30, 2024

Face Value

₹1,000

Coupon Type

Simple

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

25 Crores

Issue Price

₹1,000

Security class

Debentures

Listing details

Not listed

Debenture Trustee

Vardhaman Trusteeship Private Limited

Issue

Private Placement (non-EBP)

Issuer Details

KOSAMATTAM FINANCE LIMITED

Business Sector

165

Issuer Nature type

NBFC

Issuer Ownership

Non PSU

Factors

*Rating Agency -INDIA RATING AND RESEARCH PVT. LTD

Issue Size

Medium

Rating Category*

A

Tax Saving

No

Mode of Issuance

Private Placement (non-EBP)

Coupon Type

Simple

Factors

Issue Size

Medium

Rating Category*

A

Tax Saving

No

Mode of Issuance

Private Placement (non-EBP)

Coupon Type

Simple

*Rating Agency - INDIA RATING AND RESEARCH PVT. LTD

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.

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

A-

(Aug 10, 2023)

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

Credit Outlook

Stable

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

Rating Watch

4

-

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

gurantee icon

Want to know more?

Download Issue Documents (Information Memorandum / Termsheet)

What other details I need to know?

Other Important bond related information that can help you with decision making

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

You may also like...

Jana Small Finance Bank Limited

Coupon

13.8000%

Maturity

Jul 2027

Rating

ICRA  A-

Type of Bond

Subordinate Debt Tier 2

Yield

11.5500%

Price

₹ 2,49,144.53

Yes Bank Limited

Coupon

9.0000%

Maturity

Mar 2026

Rating

CARE  A

Type of Bond

Subordinate Debt Tier 2

Yield

9.5000%

Price

₹ 10,11,222.03

Yes Bank Limited

Coupon

9.1500%

Maturity

Jun 2025

Rating

CARE  A

Type of Bond

Subordinate Debt Tier 2

Yield

9.4000%

Price

₹ 9,95,278.00

Earlysalary Services Private Limited

Coupon

11.7500%

Maturity

Dec 2025

Rating

CARE  BBB+

Type of Bond

Secured - Regular Bond/Debenture

Yield

13.1500%

Price

₹ 1,01,967.48

Spandana Sphoorty Financial Limited

Coupon

10.7500%

Maturity

Apr 2026

Rating

Ind-Ra  A

Type of Bond

Secured - Regular Bond/Debenture

Yield

11.6000%

Price

₹ 1,02,756.72

Indostar Capital Finance Limited

Coupon

9.9500%

Maturity

Feb 2026

Rating

CARE  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

10.5000%

Price

₹ 1,00,382.46

Auxilo Finserve Private Limited

Coupon

9.9000%

Maturity

Nov 2026

Rating

CARE  A+

Type of Bond

Secured - Regular Bond/Debenture

Yield

10.2708%

Price

₹ 1,00,623.84

Muthoot Microfin Limited

Coupon

10.7500%

Maturity

Aug 2026

Rating

CRISIL  A+

Type of Bond

Secured - Regular Bond/Debenture

Yield

10.2000%

Price

₹ 1,01,761.09