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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 |
| Tenor | 366 Days, 18, 24, 36, 60, and 70 Months |
| Credit Rating | IND BBB-/Stable by India Ratings and Research Private Limited. |
| Series | Series I to VII |
| Payment Frequency | Monthly and Cumulative |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 635.04 | 499.42 | 430.46 |
| Revenue | 106.14 | 83.21 | 73.49 |
| Profit After Tax | 1.72 | 0.80 | 2.66 |
| Net Worth | 0.00 | 0.00 | 0.00 |
| Reserves and Surplus | 29.03 | 27.41 | 26.52 |
| Total Borrowing | 0.00 | 0.00 | 0.00 |
| 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 10,000.00 | 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 is a non-deposit taking NBFC registered with the RBI, primarily offering gold loans across six Indian states. It operates 301 branches and employs 1,376 people, with headquarters in Thrissur, Kerala. The company also provides microfinance, business, and personal loans, along with insurance and money transfer services. It is part of the Boby Chemmanur Group, known for its gold retail business in India, the USA, and the Middle East. As of March 31, 2025, it held over 1 tonne of gold jewellery as security for its gold loan portfolio.
