Kosamattam Finance Limited NCD FEB 2015

kosamattam loboo Kosamattam Finance Limited NCD FEB 2015

Kosamattam Finance Limited NCD FEB 2015 Interest Rate up to 13%

Company Profile

Kosamattam finance limited headquartered in Kottayam in the state of Kerala is a systemically important non deposit taking NBFC primarily engaged in the Gold Loan business.  As on Aug 31, 2014 they have a network of 848 branches spread in the states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Delhi, Maharashtra, Gujarat and in the Union Territory of Puducherry. Mr. Mathew K. Cherian, the present Chairman and Managing Director of Kosamattam Group is a fourth generation entrepreneur in the family. Under his able leadership, Company has gained prominence in Gold Loan business.  Their average Gold Loan amount outstanding was Rs.26,361 per loan account as of March 31, 2014.For the financial period ended March 31, 2014, yield on Gold Loan assets was 25.52%.  In addition to the core business of Gold Loan, they also offer fee based ancillary services which includes money
transfer services, foreign currency exchange and air ticketing services.

 

KFL NCD Details FEB 2015

Issuer
Kosamattam Finance Ltd.
Issue Opens10th February, 2015
Issue Closes11th March, 2015*
Issue SizeBase issue size of Rs. 10,000 Lacs, with an option to retain oversubscription of Rs. 10,000 Lacs, aggregating to a total of Rs. 20,000 Lacs
Nature of InstrumentSecured and Unsecured Redeemable Non- Convertible Debentures
Credit RatingCARE BBB- (Triple B Minus)’ by CARE
Mode of AllotmentIn Dematerialized form and Physical form, at the option of the Applicant
ListingBSE Limited
TradingIn Dematerialized form and Physical form, at the option of the Applicant
Face Value (Rs. / NCD)Rs. 1000/-
Issue Price (Rs. / NCD)Rs. 1000/-
Minimum ApplicationRs. 10,000/- or 10 NCDs
In multiples of1 NCD

KFL NCD Series Details FEB 2015

Tenure
400 Days
400 Days
18 months
18 months
OptionsIIIIIIIV
Frequency of Interest
Payment
MonthlyCumulativeMonthlyCumulative
Minimum Application10 NCDs (Rs. 10,000)10 NCDs (Rs. 10,000)10 NCDs (Rs. 10,000)10 NCDs (Rs. 10,000)
In Multiples of1 NCD after the minimum application1 NCD after the minimum application1 NCD after the minimum application1 NCD after the minimum application
Face Value of NCDs
(Rs. / NCD)
Rs. 1,000Rs. 1,000Rs. 1,000Rs. 1,000
Issue Price (Rs. / NCD)Rs. 1,000Rs. 1,000Rs. 1,000Rs. 1,000
Coupon (%) per annum
in Category I, II & III
11.00%NA11.50%NA
Coupon (%) for Exservicemen,Eligible Employees and Senior Citizen11.50%NA12.00%NA
Redemption Amount
(Rs./NCD) for NCD
Holders in Category I, II& III
1000.001,123.931000.001,181.33
Redemption Amount
(Rs./NCD) for
Exservicemen,
Eligible Employees and Senior Citizen
1000.001,129.471000.001,189.27
Effective Yield
(per annum) –Category I, II & III
11.57%11.25%12.13%11.75%
Effective Yield
(per annum) Category I, II & III for Ex-Serviceman,Eligible Employees and Senior Citizen
12.13%11.75%12.68%12.25%
Nature of IndebtednessSecuredSecuredSecuredSecured

KFL NCD Series Details FEB 2014

Tenure
36 months
40 months
70 months
70 months
OptionsVVIVIIVIII
Frequency of Interest
Payment
MonthlyCumulativeCumulativeMonthly
Minimum Application10 NCDs (Rs. 10,000)
10 NCDs (Rs. 10,000)10 NCDs (Rs. 10,000)10 NCDs (Rs. 10,000)
In Multiples of1 NCD after the minimum application1 NCD after the minimum application1 NCD after the minimum application1 NCD after the minimum application
Face Value of NCDs
(Rs. / NCD)
Rs. 1,000Rs. 1,000Rs. 1,000Rs. 1,000
Issue Price (Rs. / NCD)Rs. 1,000Rs. 1,000Rs. 1,000Rs. 1,000
Coupon (%) per annum
in Category I, II & III
12.50%NANA13.00%
Coupon (%) for Exservicemen,Eligible Employees and Senior Citizen12.50%NANA13.00%
Redemption Amount
(Rs./NCD) for NCD
Holders in Category I, II& III
1,000.001,500.002000.001,000.00
Redemption Amount
(Rs./NCD) for
Exservicemen,
Eligible Employees and Senior Citizen
1,000.001,500.002000.001,000.00
Effective Yield
(per annum) –Category I, II & III
13.24%12.93%12.62%13.80%
Effective Yield
(per annum) Category I, II & III for Ex-Serviceman,Eligible Employees and Senior Citizen
13.24%12.93%12.62%13.80%
Nature of IndebtednessSecured securedsecuredUnsecured

Application Process and Form Submission/Collection Centers

Please take print of the Application Form A4 paper size. Click here to download Application form of Kosamattam Finance Limited NCD FEB 2015
Attach following document along with the application form : –
1] PAN Card and Address Proof Photo Copy attested by applicant.
2] One Cancelled Cheque copy.
3] Bidding is mandatory.
4] Cheque / DD should be drawn in favour of “Kosamattam Finance Limited – NCD Escrow Account”.
5] On First come First Serve Basis
6] Keep photocopy of application form for your record.
7] Submit / deposit your NCD application form in Listed/ Design Bank Branches. (search below for your city)
8] To record and track the status/allotment of your application form, send us the soft copy Application Form/ Acknowledgement Slip.
9] The actual bond will reflect in your demat account within 8-12 weeks time form date of allotment.
10] Free Home Service available *

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Who Can Apply/Invest

Resident Indian individuals,HUF,Resident Public Financial Institutions,Co-operative Banks,Educational institutions,Trust including Public/privatecharitable/religious trusts,Association of Persons,Scientific and/or industrial research organisations,Partnership firms,

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