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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 | IND BBB-/Stable by India Ratings and Research Private Limited. |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 693.18 | 635.04 | 499.42 |
| Total Income | 141.74 | 106.14 | 83.21 |
| Profit After Tax | 2.48 | 1.72 | 0.80 |
| Reserves and Surplus | 38.42 | 29.03 | 27.41 |
| 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 | 61 Months | 400 Days | 24 Months | 72 Months |
| Coupon (% per Annum) | 10.25% | 10.80% | 11.25% | 12.00% | NA | NA | NA |
| Effective Yield (% per Annum) | 10.75% | 11.35% | 11.85% | 12.68% | 9.25% | 11.00% | 12.25% |
| Amount on Maturity (In Rs.) | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,101.81 | Rs 1,232.00 | Rs 2,000.00 |
Chemmanur Credits and Investments Limited, established in 2008, is a non-deposit-taking, non-banking financial company (NBFC–Base Layer) registered with the Reserve Bank of India.
The company’s core business is providing gold loans, extending credit against pledged household gold jewellery across the states of Kerala, Tamil Nadu, and Karnataka. In addition to gold financing, it offers microfinance facilities, business and personal loans, domestic money transfer services, and distributes third-party insurance products.
As of September 30, 2024, the company operated 282 branches spread across five states—Kerala, Tamil Nadu, Karnataka, Maharashtra, and Andhra Pradesh. Its operations are overseen from the registered office in Thrissur, Kerala, and supported by a workforce of 1,424 employees.
Chemmanur Credits and Investments Limited is a part of the Boby Chemmanur Group, a diversified business group headquartered in Kerala, India. The Group has a significant presence in the gold jewellery sector, with operations in India, the United States, and the Middle East, and holds BIS certification for gold purity standards.
