10% Kosamattam Finance Limited - A Rated (INE403Q07BH4)

Kosamattam Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE403Q07BH4, with a face value of ₹1,000 rs on 14Oct20 to raise 97.0893 crores. The debt instrument is issued with a coupon rate of 10% and its interest is paid Monthly. 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 Secured Debenture is 10% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES IV. LETTER OF ALLOTMENT. DATE OF MATURITY 12/01/2024. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 16Oct20. INDIA RATING AND RESEARCH PVT. LTD has given A- rating to this Debenture on 28Aug20. 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.