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Instrument Details

ISIN: INE403Q08274

Face value

₹1,000

Coupon rate

10%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

20

Instrument Type

Debenture

Returns

High

Date of Issue

21 Sep 2022

Maturity Date

20 Oct 2027

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 1

Guarantee Type

Non Convertible

About this Bond

KOSAMATTAM FINANCE LIMITED OPT II 10 LOA 20OT27 FVRS1000
Kosamattam Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE403Q08274, with a face value of ₹1,000 rs on 21Sep22 to raise 20 crores. The debt instrument is issued with a coupon rate of 10% and its interest is paid on Maturity. 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 Unsecured Debenture is 10% UNSECURED UNRATED UNLISTED SUBORDINATE - TIER 1 REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES - OPTION II. DATE OF MATURITY 20/10/2027.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. 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
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
Subordinate Tier 1
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

10%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Subordinate Tier 1

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 INE403Q08274 issued by Kosamattam Finance Limited

The instrument name of INE403Q08274 ISIN is KOSAMATTAM FINANCE LIMITED OPT II 10 LOA 20OT27 FVRS1000.
The interest earned from the INE403Q08274 bond issued by Kosamattam Finance Limited is paid at the time of maturity
This INE403Q08274 bond issued by Kosamattam Finance Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 10%, which determines the periodic interest payments made to bondholders.
The INE403Q08274 Debenture is issued by Kosamattam Finance Limited, a Private Sector company.
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