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Instrument Details

ISIN: INE403Q07BI2

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

9.283

Instrument Type

Debenture

Returns

Low

Date of Issue

14 Oct 2020

Maturity Date

04 Dec 2024

Perpetual

Yes

Listing Status

Listed

Rating status

A- (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

KOSAMATTAM FINANCE LIMITED SR V LOA 12AP24 FVRS1000
Kosamattam Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE403Q07BI2, with a face value of ₹1,000 rs on 14Oct20 to raise 9.283 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES V. LETTER OF ALLOTMENT. DATE OF MATURITY 12/04/2024.. This instrument is issued in Public Issue mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 16Oct20. INDIA RATING AND RESEARCH PVT. LTD has given A- rating to this Debenture on 28Aug20. This issuer is formerly known as KOSAMATTAM FINANCE PRIVATE LIMITED, STANDARD SHARES & LOANS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A-
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Date Verified
27 Feb 2024
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

Bond Rating

A-

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Kottayam
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE403Q07BI2 issued by Kosamattam Finance Limited

The instrument name of INE403Q07BI2 ISIN is KOSAMATTAM FINANCE LIMITED SR V LOA 12AP24 FVRS1000.
Never, as INE403Q07BI2 bond issued by Kosamattam Finance Limited is a Zero-coupon bond.
This INE403Q07BI2 bond issued by Kosamattam Finance Limited has been assigned a credit rating of A- by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE403Q07BI2 bond issued by Kosamattam Finance Limited is 0%.
The INE403Q07BI2 Debenture is issued by Kosamattam Finance Limited, a Private Sector company.
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