Description

BSE announces listing of 7,500 new debt securities (INE403Q07GC4) of Kosamattam Finance Limited on private placement basis with 10.62% interest rate, maturing on February 7, 2028.

Summary

BSE has listed new debt securities of Kosamattam Finance Limited (Scrip Code: 977001, ISIN: INE403Q07GC4) on its Debt segment effective October 24, 2025. The securities were issued on a private placement basis with a face value of Rs. 1,00,000 per unit, carrying an interest rate of 10.62% per annum with monthly interest payments, and maturing on February 7, 2028. The securities are rated IND A/Stable and will trade exclusively in dematerialized form.

Key Points

  • Quantity listed: 7,500 securities
  • Scrip Code: 977001, Scrip ID: 1062KFLD28
  • ISIN: INE403Q07GC4 (further listings under same ISIN)
  • Face Value: Rs. 1,00,000 per unit
  • Issue Price: Rs. 99,592.6575 per unit
  • Interest Rate: 10.62% per annum (paid monthly)
  • Credit Rating: IND A/Stable
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Redemption Date: February 7, 2028
  • No put/call options available

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for new debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE403Q07GC4
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for complete details
  • For clarifications, trading members can contact the BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: October 24, 2025
  • Listing Effective Date: October 24, 2025
  • Interest Payment Frequency: Monthly
  • Redemption Date: February 7, 2028

Impact Assessment

This listing has minimal market-wide impact as it pertains to private placement debt securities of a single issuer. The impact is limited to:

  • Debt Market Participants: Trading members dealing in corporate debt securities can now trade these instruments on BSE’s debt platform
  • Investors: Provides additional investment option in rated corporate debt (IND A/Stable rating) with regular monthly income
  • Liquidity: Market lot of 1 and tick size of 1 paise allows for flexible trading
  • Company: Kosamattam Finance Limited gains access to organized debt market platform for its securities

The securities offer a competitive interest rate of 10.62% per annum with monthly payments, making them suitable for income-focused debt investors. The IND A/Stable rating indicates adequate credit quality with stable outlook.

Impact Justification

Routine listing of debt securities on private placement basis. Limited market-wide impact as it affects only debt segment participants and investors in Kosamattam Finance Limited securities.