Kosamattam Finance Limited
, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE403Q07AX3, with a face value of ₹1,000 rs on 10Dec19 to raise 23.3753 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 VIII. LETTER OF ALLOTMENT. DATE OF MATURITY 09/12/2026.. 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.