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Instrument Details

ISIN: INE403Q07912

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

16.6076

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

23 Apr 2018

Maturity Date

22 Aug 2025

Perpetual

Yes

Listing Status

Unlisted

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-VIII LOA 22AG25 FVRS1000
Kosamattam Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE403Q07912, with a face value of ₹1,000 rs on 23Apr18 to raise 16.6076 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 REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES VIII. LETETR OF ALLOTMENT. DATE OF MATURITY 22/08/2025. This instrument is issued in Public Issue mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given A- rating to this Debenture on 20Feb18. 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

Linked to Markets

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 INE403Q07912 issued by Kosamattam Finance Limited

The instrument name of INE403Q07912 ISIN is KOSAMATTAM FINANCE LIMITED SR-VIII LOA 22AG25 FVRS1000.
Never, as INE403Q07912 bond issued by Kosamattam Finance Limited is a Zero-coupon bond.
This INE403Q07912 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 INE403Q07912 bond issued by Kosamattam Finance Limited is 0%.
The INE403Q07912 Debenture is issued by Kosamattam Finance Limited, a Private Sector company.
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