10% Kosamattam Finance Limited - BBB Rated (INE403Q07CG4)

Kosamattam Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE403Q07CG4, with a face value of ₹1,000 rs on 30Sep21 to raise 135.8384 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 CUMMULATIVE NON CONVERTIBLE DEBENTURE OPTION V. LETTER OF ALLOTMENT . DATE OF MATURITY 29/03/2025. 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 04Oct21. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given BBB+ rating to this Debenture on 12Aug21. 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.