JM Financial Products Limited - INE523H07BJ4

Microfinance

corporate

Coupon Rate
8.75%
Maturity Date
12 Feb 2031
ISIN
INE523H07BJ4copy
Face Value
₹10,00,000
About Issuer
This AA rated bond from JM Financial Products Limited, a corporate, offers a Fixed coupon of 8.75% with maturity on 12 February 2031. Issued through the Private placement as under ISIN INE523H07BJ4, this bond ensures strong credit quality with minimal default risk, making it a dependable option for investors seeking better returns than traditional fixed deposits, without taking on significant risk. Ideal for investors who want stable returns with high credit assurance, while benefiting from a superior yield in a short-to-medium term horizon.
Key Attributes
Rating
[ICRA]AA (Stable)
Tax Status
Taxable
Mode of Issue
Public
Private
Collateral Security
Secured
Unsecured
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
65.00 Cr
Allotment Date
24 Feb 2021
Remaining Tenure
5Y 6M
Security Name
JM FINANCIAL PRODUCTS LIMITED TR CK 8.75 NCD 12FB31 FVRS10LAC
Risk Assessment
Credit Rating
Rating
[ICRA]AA (Stable)
Date of Rating
21 Apr 2022
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