| The principal amount of the NCDs to be issued in terms of this Prospectus together with all interest due on the NCDs, as well as all costs, charges, all fees, remuneration of Debenture Trustee and expenses payable in respect thereof shall be secured by way of first ranking pari passu charge with the Existing Secured Creditors on all movable assets (excluding charge on the written down value of furniture and fixtures to the extent of Rs.10,80,91,696), including book debts and receivables, cash and bank balances, loans and advances, both present and future of the Company equal to the value of one time of the NCDs outstanding plus interest accrued thereon. |
| Issue Details |
| Issue Open |
14-Dec-2022-10-Jan-2023 |
| Security Name |
Kosamattam Finance Ltd |
| Security Type |
Secured Redeemable Non-Convertible Debentures |
| Issue Size (Base)( .Cr) |
200 |
| Over subscription |
An Option To Retain Oversubscription Up To Rs. 200 Crores Aggregating To Rs. 400 Crores. |
| Issue Price ( ) |
1000 |
| Face Value ( ) |
1000 |
| Market Lot |
1 |
| Credit Rating |
"IND A-/Stable" by IRRPL. |
| Tenor |
18 Months,24 Months,30 Months,36 Months,39 Months,48 Months,54 Months,88 Months |
| Series |
Series1,Series2,Series3,Series4,Series5,Series6,Series7,Series8 |
| Payment Frequency |
At the End,Monthly |
| Objects of the Issue: |
| Public Issue By Kosamattam Finance Ltd, ("Company" OR "Issueer") OF Secured, Redeemable, Non-Convertible Debentures of Face Value of Rs 1000 Each ("NCDS"), At Par, Aggregating Up To Rs 200 Crores, Hereinafter Referred to as the "Base Issue" With An Option To Retain Over-Subscription Up To Rs 200 Crores, Aggregating Up To Rs 400 Crores, Hereinafter Referred To As The "Overall Issue Size" (The "ISSUE"). |
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| Company Promoters |
| Mathew K. Cherian |
| Laila Mathew |
| Jilu Saju Varghese |
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| Lead Managers |
| 1. SMC Capitals Ltd |
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| Registrar to the Issue |
| 1. KFIN Technologies Ltd |
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