Bond Directory / KOSAMATTAM FINANCE LIMITED

KOSAMATTAM FINANCE LIMITED

ACTIVE

10.25% UNSECURED RATED LISTED NON CONVERTIBLE DEBENTURES. SERIES VII. LETTER OF ALLOTMENT. DATE OF MATURITY 22/01/2028.

ISIN

INE403Q08217

Copied

Essentials

Coupon Rate (Returns)

10.25%

Rating

BBB+  BRICKWORK RATINGS INDIA PRIVATE LIMITED

Interest Payment Frequency

MONTHLY

Twelve Times A Year

Maturity after

2 years 6 months

Jan 22, 2028

Face Value

₹1,000

Coupon Type

Simple

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

325.59 Crores

Issue Price

₹995

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 -BRICKWORK RATINGS INDIA PRIVATE LIMITED

Issue Size

Large

Rating Category*

BBB

Tax Saving

No

Mode of Issuance

Public Issue

Coupon Type

Simple

Factors

Issue Size

Large

Rating Category*

BBB

Tax Saving

No

Mode of Issuance

Public Issue

Coupon Type

Simple

*Rating Agency - BRICKWORK RATINGS INDIA PRIVATE 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.

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

BBB+

(Dec 04, 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

Positive

Credit Outlook is positive and hence credit rating of the bond is not likely to change adversely in near future.

Rating Watch

No Watch

-

Repayment Priority

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

Subordinate Tier1

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

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