Kosamattam Finance Ltd NCD Issue open from 22 Dec 2016 & Issue close date 20 Jan 2016. Issue size of Rs. 150 Cr. With an option to retain over- Subscription upto Rs. 150 Cr., aggregating to a total up to Rs. 300 Cr.
Allotment -First Come First Serve Basis . Issue Closing Date depend upon subscription if issue subscribe early then issue close
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Issue Structure -Interest Rate Details for Retail Investor – 
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Cheque Details-
Retail Investor : ” Kosamattam Finance Ltd – NCD Escrow Account “
Note : Application will be rejected if banked without uploading in the electronic system of the recognized stock exchange. (Bidding process)
Who can not Apply
- Minors without a guardian name
- Individuals or entities that are not resident in India and
- Person ineligible to contract under applicable statutory / regulatory requirement
About the Issuer
Kosamattam Finance Ltd, headquartered in the southern Indian state of Kerala, is a NBFC lending money against pledge of used household gold jewellery “Gold Loans” in the state of Kerala, TamilNadu, Karnataka Andra Pradesh, Delhi and in the Union Territory of Poducherry.
The Kosamattam group was originally founded by Mr. Chacko Varkey. His grandson, Mr. Mathew K. Cherian, the present Chairman and managing director of Kosamattam Group is a fourth generation entrepreneur in the family.
As on Aug 30 2014, KFL is having a branch network of 848 branches largely spread across southern India. Their average gold loan amount outstanding was Rs.26,361 per loan account as of Mar 31 2014.
In addition to the core business of Gold loan, they also offer fee based ancillary services which includes money transfer service, foreign currency exchange and air ticketing services.
Key Strengths
- Part of Kosamattam group which has a long operating history and good large customer base.
- Branch network across rural and semi-urban areas in South India.
- Experience manangement team
- Effective risk management system include appraisal , internal audit and inspections.
Kosamattam Finance Ltd NCD Allotment Listing Details with ISIN No , Script Code, Interest Payment Date etc.
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rajendra@puneinvest.com
Mobile 7719917444