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| Issue Size (Base) | ₹50.00 Cr |
| Face Value | ₹1000 each NCD |
| Issue Price | ₹1000 per NCD |
| Market Lot | 1 NCD |
| Min Order Qty | 10 NCD |
| Min Order Amount | ₹10000 |
| Listing at | BSE |
| Credit Rating | India Ratings & Research Private Limited : BBB- |
Chemmanur Credits and Investments Limited's revenue increased by 34% and profit after tax (PAT) rose by 44% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 693.18 | 635.05 | 499.42 |
| Total Income | 141.74 | 106.15 | 83.21 |
| Profit After Tax | 2.48 | 1.72 | 0.80 |
| Amount in ₹ Crore | |||
The Promoter of the company is Chemmanur Devassykutty Boby.
The Company proposes to utilise the funds which are being raised through the Issue towards funding the following objects:
| # | Issue Objects |
|---|---|
| 1 | For onward lending, financing, and repayment/prepayment of principal and interest on borrowings of the Company; and |
| 2 | General corporate purposes |
| Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | |
|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Monthly | Monthly | Monthly | Monthly | Cumulative | Cumulative | Cumulative |
| Nature | Secured | Secured | Secured | Secured | Secured | Secured | Secured |
| Tenor | 18 Months | 24 Months | 36 Months | 60 Months | 366 Days | 24 Months | 70 Months |
| Coupon (% per Annum) | 10.50% | 10.90% | 11.30% | 12.00% | NA | NA | NA |
| Effective Yield (% per Annum) | 11.02% | 11.46% | 11.90% | 12.68% | 9.50% | 11.00% | 12.62% |
| Amount on Maturity (In Rs.) | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,095.27 | Rs 1,232.00 | Rs 2,000.28 |
Chemmanur Credits and Investments Limited, a part of Chemmanur Group, is a non-deposit-taking, non-banking financial company registered with the RBI.
The company mainly offers gold loan (loan against the pledge of household gold jewellery) in Kerala, Karnataka, and Tamil Nadu. Additionally, it also offers other loans like personal loans, business loans, microfinance loans, money transfer services and distributes third-party insurance products.
As of Sep 30, 2024, it operates 282 branches across 5 states, including Kerala, Tamil Nadu, Maharashtra, and Andhra Pradesh.
