JM Financial is coming up with Secured, Redeemable, Non-Convertible Debentures (Secured NCDs). The subscription to start on 13th February 2020. JM Financial will offer 10% interest rates on the NCDs. The NCDs tenure will be for 24 Months, 40 Months, 60 Months and 120 Months.
JM Financial NCD Issue Details:
- NCD Issue Open: 13 February 2020
- NCD Issue Close: 09 March 2020
- NCD Issue Size: Rs.100 Crores to Rs.2000 Crores
- Price Band: Rs.1000
- Interest Rate: Upto 10% ** (Annually)
- Minimum Investment: 10 Bonds (Rs 10,000)
- Maximum Investment: 1,000 Bonds (Rs 10,00,000)
- Listing: BSE
JM Financial NCD Issue Rating:
- CRISIL Ratings: CRISIL AA/ Stable
- ICRA Ratings: ICRA AA/ Stable
JM Financial NCD Issue Listing:
- NCD Bonds will be list on BSE.
JM Financial NCD Issue Promoters:
- JM Financial Limited
How to Apply JM Financial NCD Issue?
You can apply from your existing demat account online and offline. You can apply via downloading form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centres.
JM Financial NCD (February 2020) Issue Tenure & Interest Rates: Details
| Annual | Monthly | Annual | Cumulative |
| 24 Months | – | 9.50% | – |
| 40 Months | 9.29% | 9.70% | – |
| 60 Months | 9.48% | 9.90% | – |
| 120 Months | 9.57% | 10.00% | – |
JM Financial NCD Lead Manager:
- A.K. Capital Services Limited
- JM Financial Consultants Private Limited
- Trust Investment Advisors Private Limited
JM Financial NCD Allotment Status:
- JM Financial NCD issue allotment available on karvy.com
NCD Registrar:
Karvy Computershare Private Limited
Karvy Registry House, 8-2-596, St. No. 1,
Banjara Hills, Hyderabad – 500 034
Andhra Pradesh, India
Phone: +91-40-23312454
Email: [email protected]
Website: https://karisma.karvy.com/
Company Information:
JM Financial Products Ltd
7th Floor, Cnergy,
Appasaheb Marathe Marg Prabhadevi,
Mumbai, Maharashtra 400 025, India
Phone: (+91 22) 6630 3030
Email: [email protected]
Website: https://jmfinancialproducts.com/
