Instrument Details

ISIN: INE403Q07BW3

Face value

₹1,000

Coupon rate

9.25%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

7.1797

Instrument Type

Debenture

Returns

High

Date of Issue

29 Apr 2021

Maturity Date

28 Apr 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

BBB+ (BRICKWORK 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 OP III 9.25 LOA 28AP24 FVRS1000
Kosamattam Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE403Q07BW3, with a face value of ₹1,000 rs on 29Apr21 to raise 7.1797 crores. The debt instrument is issued with a coupon rate of 9.25% and its interest is paid Monthly. 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 9.25% SECURED RATED LISTED NON COVERTIBLE DEBENTURE.OPTION III.LETTER OF ALLOTMENT.DATE OF MATURITY 28/04/2024. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given BBB+ rating to this Debenture on 13Mar21. 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
BBB
Moderately Safe
BBB+
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Date Verified
19 Jul 2021
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
29-Apr-21 : Your investment
₹770
29-May-21 : Interest
₹770
29-Jun-21 : Interest
₹770
29-Jul-21 : Interest
₹770
29-Aug-21 : Interest
₹770
29-Sep-21 : Interest
₹770
29-Oct-21 : Interest
₹770
29-Nov-21 : Interest
₹770
29-Dec-21 : Interest
₹770
29-Jan-22 : Interest
₹770
01-Mar-22 : Interest
₹770
01-Apr-22 : Interest
₹770
01-May-22 : Interest
₹770
01-Jun-22 : Interest
₹770
01-Jul-22 : Interest
₹770
01-Aug-22 : Interest
₹770
01-Sep-22 : Interest
₹770
01-Oct-22 : Interest
₹770
01-Nov-22 : Interest
₹770
01-Dec-22 : Interest
₹770
01-Jan-23 : Interest
₹770
01-Feb-23 : Interest
₹770
01-Mar-23 : Interest
₹770
01-Apr-23 : Interest
₹770
01-May-23 : Interest
₹770
01-Jun-23 : Interest
₹770
01-Jul-23 : Interest
₹770
01-Aug-23 : Interest
₹770
01-Sep-23 : Interest
₹770
01-Oct-23 : Interest
₹770
01-Nov-23 : Interest
₹770
01-Dec-23 : Interest
₹770
01-Jan-24 : Interest
₹770
01-Feb-24 : Interest
₹770
01-Mar-24 : Interest
₹770
01-Apr-24 : Interest
-₹321
28-Apr-24 : Interest
-₹321
28-Apr-24 : Interest
₹1,26,336
28-Apr-24 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹26,336)

Summary

Instrument Attributes

Value

Coupon Rate

9.25%

Returns

High

Bond Rating

BBB+

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 INE403Q07BW3 issued by Kosamattam Finance Limited

The instrument name of INE403Q07BW3 ISIN is KOSAMATTAM FINANCE LIMITED OP III 9.25 LOA 28AP24 FVRS1000.
The interest earned from INE403Q07BW3 bond issued by Kosamattam Finance Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE403Q07BW3 bond issued by Kosamattam Finance Limited has been assigned a credit rating of BBB+ by BRICKWORK RATINGS INDIA PRIVATE LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.25%, which determines the periodic interest payments made to bondholders.
The INE403Q07BW3 Debenture is issued by Kosamattam Finance Limited, a Private Sector company.