Jm Financial Products Limited - AA Rated (INE523H07BS5)

Jm Financial Products Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE523H07BS5, with a face value of ₹10,00,000 rs on 10Mar22 to raise 100 crores. The debt instrument is issued with a coupon rate of 12M MCLR + SPREAD and its interest is paid Annually. 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 12M MCLR + SPREAD SECURED RATED LISTED NON CONVERTIBLE DEBENTURE DATE OF MATURITY.TRANCHE CU-2022 NCDS.DATE OF MATURITY 10/04/2024. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 14Mar22. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 23Feb22. 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.