9.25% Kosamattam Finance Limited - BBB Rated (INE403Q07BW3)

Kosamattam Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE403Q07BW3, with a face value of ₹1,000 rs on 29Apr21 to raise 7.1797 crores. The debt instrument is issued with a coupon rate of 9.25% 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 9.25% SECURED RATED LISTED NON COVERTIBLE DEBENTURE.OPTION III.LETTER OF ALLOTMENT.DATE OF MATURITY 28/04/2024. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given BBB+ rating to this Debenture on 13Mar21. 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.