Instrument Details

ISIN: INE01A207062

Face value

₹10,00,000

Coupon rate

8%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

10

Instrument Type

Debenture

Returns

Medium

Date of Issue

21 Oct 2020

Maturity Date

20 Oct 2025

Perpetual

Yes

Listing Status

Listed

Rating status

AA (ICRA 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 HOME LOANS LIMITED TR H-2020 8 NCD 20OT25 FVRS10LAC
Jm Financial Home Loans Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE01A207062, with a face value of ₹10,00,000 rs on 21Oct20 to raise 10 crores. The debt instrument is issued with a coupon rate of 8% 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 8% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURE. TRANCHE H 2020 . MATURITY DATE 20/10/2025. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 30Oct20. ICRA LIMITED has given AA rating to this Debenture on 20Oct23. 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
25 Oct 2023
check
Outlook
Stable
logo
Seniority in Repayment
None
logo
Security
Secured
Investment Calculation (Pre-Tax)

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

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
21-Oct-20 : Your investment
₹80,00,000
21-Oct-21 : Interest
₹80,00,000
21-Oct-22 : Interest
₹80,00,000
21-Oct-23 : Interest
₹80,00,000
21-Oct-24 : Interest
₹80,00,000
20-Oct-25 : Interest
₹14,00,00,000
20-Oct-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹4,00,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

8%

Returns

Medium

Bond Rating

AA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Housing Finance Company
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE01A207062 issued by Jm Financial Home Loans Limited

The instrument name of INE01A207062 ISIN is JM FINANCIAL HOME LOANS LIMITED TR H-2020 8 NCD 20OT25 FVRS10LAC.
The interest earned from INE01A207062 bond issued by Jm Financial Home Loans Limited is paid Annually, ensuring regular and consistent income for investors.
This INE01A207062 bond issued by Jm Financial Home Loans Limited has been assigned a credit rating of AA by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 8%, which determines the periodic interest payments made to bondholders.
The INE01A207062 Debenture is issued by Jm Financial Home Loans Limited, a Private Sector company.