123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> General >> View Article

Jm Financial Products Ltd Ncd Details

Profile Picture
By Author: dariya hussain
Total Articles: 349
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

JM Financial Products Ltd NCD period from Feb 13 to Mar 9:

The JM Financial items NCD period begins On Feb 13. The NCD offered by JM Financial Products Ltd. the organization fused in 1984. The NCD time frame will end on ninth March. It was a non-banking money related organization.

NCD Details:

Offer period Feb 13 to Mar 9, 2020

Security Name JM Financial Products Ltd

Security Type Secured, Redeemable, Non-Convertible Debentures

NCD Size (Base) Rs 100 cr

NCD Size (Shelf) Rs 2,000 cr

NCD Price Rs 1,000 cr

Face Vale  Rs 1,000 cr

Least Lot Size 10 NCD

Market Lot 1 NCD

Posting At BSE

Credit Rating ICRA AA/Stable, CRISIL AA/  Stable

Tenor 24, 40, 60, 120 months

Series Series I to X

installment Frequency Annual, Cumulative and Monthly

Premise of Allotment First Come First Serve Basis

The organization has wanted to raise a base size of Rs 100 cr with an alternative of holding up to Rs 2,000 crores. The financial specialist needs to contribute at least 10 bonds and in products of 1 NCD bond. ...
... The Face estimation of the plan is Rs 1000 for each NCD bond.

It offers distinctive loan costs and residencies of two years, 40 months, 60 months, and 120 months. The NCD is accessible in 10 arrangement. It is recorded on the National Stock Exchange. Interest payables are accessible month to month, Annually, and on Cumulative.

JM Financial Products Ltd Coupon rates:

Series Frequency Tenor Coupon Rate Maturity Amount

I Annually 24 Months 9.50%  Rs 1,000

II Cumulative 24 Months NA Rs 1,199.02

III Annually 40 Months 9.70% Rs 1,000

IV Cumulative 40 Months NA Rs 1,361.28

V Monthly 40 Months 9.29% Rs 1,000

VI Annually 60 Months 9.90% Rs 1,000

VII Cumulative 60 Months NA Rs 1,603.20

VIII Monthly 120 Months 9.48% Rs 1,000

IX Annually 120 Months 10.00% Rs 1,000

X Monthly 120 Months 9.57% Rs 1,000

The ICRA Rating Agency evaluated as AA-/Stable and CRISIL appraised as AA-/Stable. It will be recorded on the National Stock Exchange (NSE).

Disclaimer: This article gives data about the plan. It doesn't offer any guidance or suggestion. If it's not too much trouble counsel your money related consultant before contributing.

Total Views: 99Word Count: 302See All articles From Author

Add Comment

General Articles

1. 5 Interior Design Tips For Making A House A Home
Author: kanika panchal

2. Why Proper Referencing Style Is Important
Author: Ryan Justin

3. Life Insurance Planning Irving
Author: Rajesh

4. What Is Nhwa All About?
Author: New Hiberian

5. Learn To Complete Installation Of Webroot Secureanywhere
Author: Ella Smith

6. 21 Mukhi Indonesian Rudraksha
Author: Shikha Sharma

7. Xiaomi Mi Watch Revolve Active Review: The Company’s New Budget-friendly Smartwatch
Author: karen minton

8. Ulefone Armor 8 Pro Rugged Smartphone Review: Full Specs And Other Details
Author: karen minton

9. Galvanized Steel Vs Stainless Steel - The Better Choice
Author: Fastener USA

10. Can Consumer Become Addicted To Modalert, When Not In Use?
Author: James Brandon

11. Ipl 2021: Dc Vs Srh- Delhi Capitals’ Predicted Playing Xi Against Sunrisers Hyderabad (srh)
Author: Cricket Addictor

12. Different Ways To Promote Your App
Author: Yourestore

13. Save Time And Get The Casual Shirts For Men Online
Author: avadhi

14. Office Chairs - Provide A Sense Of Comfort
Author: office master

15. Benefits Of Web Development Services
Author: esgroupmarketing

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: