Instrument Details

ISIN: INE403Q08183

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

296.36

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

21 Aug 2019

Maturity Date

20 Aug 2026

Perpetual

Yes

Listing Status

Listed

Rating status

A- (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

KOSAMATTAM FINANCE LIMITED SERIES VIII LOA 20AG26 FVRS1000
Kosamattam Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE403Q08183, with a face value of ₹1,000 rs on 21Aug19 to raise 296.36 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 RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES VIII. LETETR OF ALLOTMENT. DATE OF MATURITY 20/08/2026. 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 23Aug19. INDIA RATING AND RESEARCH PVT. LTD has given A- rating to this Debenture on 26Jun19. 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-
check
Date Verified
27 Nov 2023
check
Outlook
Stable
logo
Seniority in Repayment
None
logo
Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Linked to Markets

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

FAQs about INE403Q08183 issued by Kosamattam Finance Limited

The instrument name of INE403Q08183 ISIN is KOSAMATTAM FINANCE LIMITED SERIES VIII LOA 20AG26 FVRS1000.
Never, as INE403Q08183 bond issued by Kosamattam Finance Limited is a Zero-coupon bond.
This INE403Q08183 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 INE403Q08183 bond issued by Kosamattam Finance Limited is 0%.
The INE403Q08183 Debenture is issued by Kosamattam Finance Limited, a Private Sector company.