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Instrument Details

ISIN: INE523H07AQ1

Face value

₹1,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

8.3076

Instrument Type

Debenture

Returns

Low

Date of Issue

11 Sep 2019

Maturity Date

09 Nov 2026

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 V NCD 11SP26 FVRS1000
Jm Financial Products Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE523H07AQ1, with a face value of ₹1,000 rs on 11Sep19 to raise 8.3076 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 V TRANCHE II DATE OF MATURITY 11/09/2026. 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)

Instrument Rating
AA
High Safety
AA
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Date Verified
28 Feb 2022
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

Bond Rating

AA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE523H07AQ1 issued by Jm Financial Products Limited

The instrument name of INE523H07AQ1 ISIN is JM FINANCIAL PRODUCTS LIMITED TRANCHE II SR V NCD 11SP26 FVRS1000.
Never, as INE523H07AQ1 bond issued by Jm Financial Products Limited is a Zero-coupon bond.
This INE523H07AQ1 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.
The coupon rate of INE523H07AQ1 bond issued by Jm Financial Products Limited is 0%.
The INE523H07AQ1 Debenture is issued by Jm Financial Products Limited, a Private Sector company.
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