Kosmattam Finance NCD

Issue price
Face Value
Issue Size
₹1000 Crores
Minimum Investment
₹10000 (10 NCDs)
A-/Stable by India Ratings
Listing on
Issue Opening Date
11 April 2023
Issue Closing Date
25 April 2023
Mode of Issue
Mode of allotment and Trading

About The Issuer

Kosamattam Finance Ltd is a non-deposit-taking NBFC that is primarily engaged in the business of Gold Loan, lending money against pledges of household Jewellery in Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Maharashtra, Delhi, Gujarat, and Telangana along with Union Territory of Puducherry. In addition to the gold loan, it also offers fee-based ancillary services such as microfinance, money transfer services, power generation, foreign currency exchange, agriculture, and air ticketing services. As of October 31, 2022, it has a network of 997 branches with a significant market presence in Southern India. As per the financial data 31/03/22, the company has a Total Assets of Rs. 4556 Crore, Total Liabilities and Borrowings of Rs. 3911, Total Revenue of Rs. 625 Crore and Total Profit after Tax of Rs. 79 Crore.

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