Chemmanur Credits is a non-deposit-taking, non-banking financial company (base layer) registered with the RBI. It is primarily engaged in the gold loan sector lending money against the pledge of household gold jewellery (“Gold Loans”) in the state of Kerala, Tamil Nadu and Karnataka. It also provides microfinance loans, business and personal loans, money transfer services and distribution of third-party insurance products.
Chemmanur Credits NCD Details
| Subscription Dates | 14 December 2022 – 06 January 2023 |
| Security Type | Secured, Redeemable, Non-Convertible Debentures |
| Face Value | INR 1,000 per NCD |
| Issue Price | INR 1,000 per NCD |
| Issue Size (Base) | INR 50 crores |
| Overall Issue Size (including oversubscription) | INR 100 crores |
| Minimum Lot size | 10 NCDs |
| Market Lot | 1 NCD |
| Tenor | 366 days 18 months 24 months 36 months 60 months 74 Months |
| Credit Rating | CRISIL BBB- / Stable |
| Category Reservation | Category 1 (QIB): 10% Category 2 (NII): 40% Category 3 (Retail): 50% |
| Basis of Allotment | First Come First Serve |
| Listing On | BSE |
NCD Allocation Ratio
| Category | NCD’s Allocated |
| Institutional | 10% |
| Non-Institutional | 40% |
| Retail | 50% |
| Category 4 | 0% |
NCD’s Offered by Category
| Category | NCD’s Reserved |
| Institutional | 50,000 |
| Non-Institutional | 200,000 |
| Retail | 250,000 |
| Category 4 | 0 |
| Total NCD’s | 500,000 |
Objects of the Issue
The company proposes to utilise the funds which are being raised through the Issue:
1. For the purpose of onward lending, financing, and for repayment/prepayment of principal and interest on borrowings of the Company.
2. General corporate purposes.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Reserves and Surplus |
| 31-Mar-20 | 339.32 | 72.01 | 8.5 | 18.7 |
| 31-Mar-21 | 384.99 | 74.74 | 9.24 | 27.94 |
| 31-Mar-22 | 392.95 | 73.33 | 4.31 | 28.05 |
| 30-Jun-22 | 389.12 | 18.2 | 0.52 | 28.57 |
| Amount in ₹ Crore |
Chemmanur Credits and Investments NCD Prospectus
Company Contact Information
Chemmanur Credits and Investments Limited
Mangalodhayam Building
Round South, Thrissur
680001, Kerala,
Phone: +91 0487-6621200/2424010
Email: mail@chemmanurcredits.com
Website: https://www.chemmanurcredits.com/
Chemmanur Credits and Investments NCD Registrar
KFin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: ccil.ncdipo@kfintech.com
Website: https://karisma.kfintech.com/
Chemmanur Credits and Investments NCD Lead Manager(s)
- Vivro Financial Services Private Limited
 registered with the RBI. It is primarily engaged in the){kind=link}