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Instrument Details

ISIN: INE403Q07AT1

Face value

₹1,000

Coupon rate

0%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

49.7244

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

10 Dec 2019

Maturity Date

09 Dec 2022

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 IV LOA 09DC22 FVRS1000
Kosamattam Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE403Q07AT1, with a face value of ₹1,000 rs on 10Dec19 to raise 49.7244 crores. The debt instrument is issued with a coupon rate of 0% 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 Secured Debenture is SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES IV. LETTER OF ALLOTMENT. DATE OF MATURITY 09/12/2022.. 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 12Dec19. INDIA RATING AND RESEARCH PVT. LTD has given A- rating to this Debenture on 30Sep19. 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
24 Nov 2022
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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
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Rating

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Rated ★ 4.3+ on

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FAQs about INE403Q07AT1 issued by Kosamattam Finance Limited

The instrument name of INE403Q07AT1 ISIN is KOSAMATTAM FINANCE LIMITED SR IV LOA 09DC22 FVRS1000.
The interest earned from the INE403Q07AT1 bond issued by Kosamattam Finance Limited is paid at the time of maturity
This INE403Q07AT1 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 INE403Q07AT1 bond issued by Kosamattam Finance Limited is 0%.
The INE403Q07AT1 Debenture is issued by Kosamattam Finance Limited, a Private Sector company.
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