Jm Financial Products Limited - AA Rated (INE523H07BR7)

Jm Financial Products Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE523H07BR7, with a face value of ₹10,00,000 rs on 21Feb22 to raise 100 crores. The debt instrument is issued with a coupon rate of 10YR GSEC LINKED and its interest is paid on Maturity. 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 10YR GSEC LINKED SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE. TRANCHE CS 2022. DATE OF MATURITY 21/08/2024. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 23Feb22. ICRA LIMITED has given PP-MLD AA rating to this Debenture on 11May23. 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.