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Instrument Details

ISIN: INE403Q07BG6

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

36.9755

Instrument Type

Debenture

Returns

Low

Date of Issue

14 Oct 2020

Maturity Date

13 Apr 2023

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 III LOA 13AP23 FVRS1000
Kosamattam Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE403Q07BG6, with a face value of ₹1,000 rs on 14Oct20 to raise 36.9755 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 III. LETTER OF ALLOTMENT. DATE OF MATURITY 13/04/2023. 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
20 Feb 2023
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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
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FAQs about INE403Q07BG6 issued by Kosamattam Finance Limited

The instrument name of INE403Q07BG6 ISIN is KOSAMATTAM FINANCE LIMITED SR III LOA 13AP23 FVRS1000.
Never, as INE403Q07BG6 bond issued by Kosamattam Finance Limited is a Zero-coupon bond.
This INE403Q07BG6 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 INE403Q07BG6 bond issued by Kosamattam Finance Limited is 0%.
The INE403Q07BG6 Debenture is issued by Kosamattam Finance Limited, a Private Sector company.
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