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Instrument Details

ISIN: INE403Q08084

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

12.4907

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

09 May 2017

Maturity Date

07 Aug 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

A- (INDIA 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 08JL24 FVRS1000
Kosamattam Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE403Q08084, with a face value of ₹1,000 rs on 09May17 to raise 12.4907 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 08/07/2024. This instrument is issued in Public Issue mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given A- rating to this Debenture on 17Feb17. 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
27 Jun 2024
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Outlook
Stable
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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

A-

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 INE403Q08084 issued by Kosamattam Finance Limited

The instrument name of INE403Q08084 ISIN is KOSAMATTAM FINANCE LIMITED SR-VIII LOA 08JL24 FVRS1000.
Never, as INE403Q08084 bond issued by Kosamattam Finance Limited is a Zero-coupon bond.
This INE403Q08084 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 INE403Q08084 bond issued by Kosamattam Finance Limited is 0%.
The INE403Q08084 Debenture is issued by Kosamattam Finance Limited, a Private Sector company.
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