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Instrument Details

ISIN: INE403Q08076

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

14.1905

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

29 Sep 2016

Maturity Date

28 Mar 2023

Perpetual

Yes

Listing Status

Listed

Rating status

WITHDRAWN (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

KOSAMATTAM FINANCE LIMITED SR-VIII LOA 28MR23 FVRS1000
Kosamattam Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE403Q08076, with a face value of ₹1,000 rs on 29Sep16 to raise 14.1905 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 Unsecured Debenture is UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES VIII. LETTER OF ALLOTMENT. DATE OF MATURITY 28/03/2023. 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 05Oct16. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 29Sep16. 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
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
Senior
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Linked to Markets

Bond Rating

WITHDRAWN

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 INE403Q08076 issued by Kosamattam Finance Limited

The instrument name of INE403Q08076 ISIN is KOSAMATTAM FINANCE LIMITED SR-VIII LOA 28MR23 FVRS1000.
Never, as INE403Q08076 bond issued by Kosamattam Finance Limited is a Zero-coupon bond.
This INE403Q08076 bond issued by Kosamattam Finance Limited has been assigned a credit rating of WITHDRAWN by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE403Q08076 bond issued by Kosamattam Finance Limited is 0%.
The INE403Q08076 Debenture is issued by Kosamattam Finance Limited, a Private Sector company.
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