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Jm Financial Products Limited - AA Rated (INE523H07AN8)
In-activePrivate SectorSecured
Instrument Details
ISIN: INE523H07AN8
Face value
₹1,000
Coupon rate
0%
Payment
Never
Tax Type
Taxable
Issue Size (Cr)
10.8903
Instrument Type
Debenture
Returns
Linked to Markets
Date of Issue
11 Sep 2019
Maturity Date
11 Nov 2022
Perpetual
Yes
Listing Status
Listed
Rating status
AA (CRISIL Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
Principal + Interest
Seniority in Repayment
None
Guarantee Type
Non Convertible
About this Bond
JM FINANCIAL PRODUCTS LIMITED TRANCHE II SR II NCD 11NV22 FVRS1000
Jm Financial Products Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE523H07AN8, with a face value of ₹1,000 rs on 11Sep19 to raise 10.8903 crores. The debt instrument
is issued with a coupon rate of 0% and its interest is paid
Never. The returns are Taxable and one has to pay the applicable tax on the returns from this investment.
As per the filings, the long description of this Secured
Debenture is SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE. SERIES II TRANCHE II DATE OF MATURITY 11/11/2022. This instrument is issued in Public Issue mode. It has Simple coupon type
with Full Redemption option. The Debenture is listed on BSE stock
exchange on 12Sep19. CRISIL RATINGS LIMITED has given AA rating to
this Debenture on 03Jan19. This issuer is formerly known as JM FINANCIAL PRODUCTS PRIVATE LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
Summary
Instrument Attributes
Value
Coupon Rate
0%
Returns
Linked to Markets
Bond Rating
AA
Seniority in Repayment
None
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Mumbai
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Jm Financial Products Limited
FAQs about INE523H07AN8 issued by Jm Financial Products Limited
What is the instrument name of INE523H07AN8 ISIN?
The instrument name of INE523H07AN8 ISIN is JM FINANCIAL PRODUCTS LIMITED TRANCHE II SR II NCD 11NV22 FVRS1000.
How frequently is the interest paid on INE523H07AN8 bond issued by Jm Financial Products Limited?
Never, as INE523H07AN8 bond issued by Jm Financial Products Limited is a Zero-coupon bond.
What is the credit rating of the INE523H07AN8 bond issued by Jm Financial Products Limited?
This INE523H07AN8 bond issued by Jm Financial Products Limited has been assigned a credit rating of AA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE523H07AN8 bond issued by Jm Financial Products Limited?
The coupon rate of INE523H07AN8 bond issued by Jm Financial Products Limited is 0%.
Who is the issuer of INE523H07AN8 Debenture?
The INE523H07AN8 Debenture is issued by Jm Financial Products Limited, a Private Sector company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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