10.47% Kosamattam Finance (KFL) NCD Sep 2021 – Details & Review
Kosamattam Finance is looking to raise up to Rs 300 crore through secured redeemable non-convertible debentures (NCD) offering interest of 8.30% - 10.47% for different maturities. Kosamattam Finance (KFL) is a systemically important non-deposit taking NBFC primarily engaged in the Gold Loan business, lending money against the pledge of household jewellery ("Gold Loans") in the state of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Delhi, Maharashtra, Gujarat and Telangana along with the Union Territory of Puducherry.
Key Features for Kosamattam Finance (KFL) NCD
Issue Open Date
30 Aug 2021
Issue Closing Date
24 Sep 2021
Type of Instrument
Secured redeemable NCDs
Size of issue
Rs 300 crores (Base size: Rs 150 crores)
Minimum Investment
10 NCD (Rs 1000 per NCD)
Max Inve...