Instrument Details

ISIN: INE651J07630

Face value

₹1,000

Coupon rate

9.34%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

11.9358

Instrument Type

Debenture

Returns

High

Date of Issue

07 Jun 2018

Maturity Date

06 Jul 2028

Perpetual

Yes

Listing Status

Unlisted

Rating status

AA (INDIA 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 CREDIT SOLUTIONS LIMITED TR 1 OPT VI 9.34 NCD 07JU28 FVRS1000
Jm Financial Credit Solutions Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE651J07630, with a face value of ₹1,000 rs on 07Jun18 to raise 11.9358 crores. The debt instrument is issued with a coupon rate of 9.34% and its interest is paid Monthly. 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 9.34% SECURED RATED LISTED REDEEMABLE NON COVNERTIBEL DEBENTURES. TRANCHE I OPTION VI. DATE OF MATURITY 07/06/2028. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given AA rating to this Debenture on 27Apr18. This issuer is formerly known as FICS CONSULTANCY SERVICES LIMITED 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
check
Date Verified
06 Oct 2023
check
Outlook
Stable
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Seniority in Repayment
None
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Security
Secured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
07-Jun-18 : Your investment
₹778
07-Jul-18 : Interest
₹778
07-Aug-18 : Interest
₹778
07-Sep-18 : Interest
₹778
07-Oct-18 : Interest
₹778
07-Nov-18 : Interest
₹778
07-Dec-18 : Interest
₹778
07-Jan-19 : Interest
₹778
07-Feb-19 : Interest
₹778
07-Mar-19 : Interest
₹778
07-Apr-19 : Interest
₹778
07-May-19 : Interest
₹778
07-Jun-19 : Interest
₹778
07-Jul-19 : Interest
₹778
07-Aug-19 : Interest
₹778
07-Sep-19 : Interest
₹778
07-Oct-19 : Interest
₹778
07-Nov-19 : Interest
₹778
07-Dec-19 : Interest
₹778
07-Jan-20 : Interest
₹778
07-Feb-20 : Interest
₹778
07-Mar-20 : Interest
₹778
07-Apr-20 : Interest
₹778
07-May-20 : Interest
₹778
07-Jun-20 : Interest
₹778
07-Jul-20 : Interest
₹778
07-Aug-20 : Interest
₹778
07-Sep-20 : Interest
₹778
07-Oct-20 : Interest
₹778
07-Nov-20 : Interest
₹778
07-Dec-20 : Interest
₹778
07-Jan-21 : Interest
₹778
07-Feb-21 : Interest
₹778
07-Mar-21 : Interest
₹778
07-Apr-21 : Interest
₹778
07-May-21 : Interest
₹778
07-Jun-21 : Interest
₹778
07-Jul-21 : Interest
₹778
07-Aug-21 : Interest
₹778
07-Sep-21 : Interest
₹778
07-Oct-21 : Interest
₹778
07-Nov-21 : Interest
₹778
07-Dec-21 : Interest
₹778
07-Jan-22 : Interest
₹778
07-Feb-22 : Interest
₹778
07-Mar-22 : Interest
₹778
07-Apr-22 : Interest
₹778
07-May-22 : Interest
₹778
07-Jun-22 : Interest
₹778
07-Jul-22 : Interest
₹778
07-Aug-22 : Interest
₹778
07-Sep-22 : Interest
₹778
07-Oct-22 : Interest
₹778
07-Nov-22 : Interest
₹778
07-Dec-22 : Interest
₹778
07-Jan-23 : Interest
₹778
07-Feb-23 : Interest
₹778
07-Mar-23 : Interest
₹778
07-Apr-23 : Interest
₹778
07-May-23 : Interest
₹778
07-Jun-23 : Interest
₹778
07-Jul-23 : Interest
₹778
07-Aug-23 : Interest
₹778
07-Sep-23 : Interest
₹778
07-Oct-23 : Interest
₹778
07-Nov-23 : Interest
₹778
07-Dec-23 : Interest
₹778
07-Jan-24 : Interest
₹778
07-Feb-24 : Interest
₹778
07-Mar-24 : Interest
₹778
07-Apr-24 : Interest
₹778
07-May-24 : Interest
₹778
07-Jun-24 : Interest
₹778
07-Jul-24 : Interest
₹778
07-Aug-24 : Interest
₹778
07-Sep-24 : Interest
₹778
07-Oct-24 : Interest
₹778
07-Nov-24 : Interest
₹778
07-Dec-24 : Interest
₹778
07-Jan-25 : Interest
₹778
07-Feb-25 : Interest
₹778
07-Mar-25 : Interest
₹778
07-Apr-25 : Interest
₹778
07-May-25 : Interest
₹778
07-Jun-25 : Interest
₹778
07-Jul-25 : Interest
₹778
07-Aug-25 : Interest
₹778
07-Sep-25 : Interest
₹778
07-Oct-25 : Interest
₹778
07-Nov-25 : Interest
₹778
07-Dec-25 : Interest
₹778
07-Jan-26 : Interest
₹778
07-Feb-26 : Interest
₹778
07-Mar-26 : Interest
₹778
07-Apr-26 : Interest
₹778
07-May-26 : Interest
₹778
07-Jun-26 : Interest
₹778
07-Jul-26 : Interest
₹778
07-Aug-26 : Interest
₹778
07-Sep-26 : Interest
₹778
07-Oct-26 : Interest
₹778
07-Nov-26 : Interest
₹778
07-Dec-26 : Interest
₹778
07-Jan-27 : Interest
₹778
07-Feb-27 : Interest
₹778
07-Mar-27 : Interest
₹778
07-Apr-27 : Interest
₹778
07-May-27 : Interest
₹778
07-Jun-27 : Interest
₹778
07-Jul-27 : Interest
₹778
07-Aug-27 : Interest
₹778
07-Sep-27 : Interest
₹778
07-Oct-27 : Interest
₹778
07-Nov-27 : Interest
₹778
07-Dec-27 : Interest
₹778
07-Jan-28 : Interest
₹778
07-Feb-28 : Interest
₹778
07-Mar-28 : Interest
₹778
07-Apr-28 : Interest
₹778
07-May-28 : Interest
₹778
07-Jun-28 : Interest
-₹142
06-Jul-28 : Interest
-₹142
06-Jul-28 : Interest
-₹142
06-Jul-28 : Interest
₹1,92,971
06-Jul-28 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹92,971)

Summary

Instrument Attributes

Value

Coupon Rate

9.34%

Returns

High

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 INE651J07630 issued by Jm Financial Credit Solutions Limited

The instrument name of INE651J07630 ISIN is JM FINANCIAL CREDIT SOLUTIONS LIMITED TR 1 OPT VI 9.34 NCD 07JU28 FVRS1000.
The interest earned from INE651J07630 bond issued by Jm Financial Credit Solutions Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE651J07630 bond issued by Jm Financial Credit Solutions Limited has been assigned a credit rating of AA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.34%, which determines the periodic interest payments made to bondholders.
The INE651J07630 Debenture is issued by Jm Financial Credit Solutions Limited, a Private Sector company.