Instrument Details

ISIN: INE403Q07CV3

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

26.8054

Instrument Type

Debenture

Returns

Low

Date of Issue

11 Aug 2022

Maturity Date

02 Oct 2027

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

Senior

Guarantee Type

Non Convertible

About this Bond

KOSAMATTAM FINANCE LIMITED OPT VI LOA 10FB27 FVRS1000
Kosamattam Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE403Q07CV3, with a face value of ₹1,000 rs on 11Aug22 to raise 26.8054 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 DEBENTURE. LETTER OF ALLOTMENT. OPTION VI. DATE OF MATURITY 10/02/2027.. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding 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 30Jun22. 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
21 Feb 2023
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Outlook
Positive
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

Bond Rating

BBB+

Seniority in Repayment

Senior

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 INE403Q07CV3 issued by Kosamattam Finance Limited

The instrument name of INE403Q07CV3 ISIN is KOSAMATTAM FINANCE LIMITED OPT VI LOA 10FB27 FVRS1000.
Never, as INE403Q07CV3 bond issued by Kosamattam Finance Limited is a Zero-coupon bond.
This INE403Q07CV3 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.
The coupon rate of INE403Q07CV3 bond issued by Kosamattam Finance Limited is 0%.
The INE403Q07CV3 Debenture is issued by Kosamattam Finance Limited, a Private Sector company.