JM Financial Products Limited - INE523H07BK2
Microfinance
corporate
Coupon Rate
8.81%
Maturity Date
12 Mar 2031
ISIN
INE523H07BK2
Face Value
₹10,00,000
About Issue
This AA rated bond from JM Financial Products Limited, a corporate, offers a Fixed coupon of 8.81% with maturity on 12 March 2031. Issued through the Private placement as under ISIN INE523H07BK2, 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)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
55.00 Cr
Allotment Date
26 Mar 2021
Remaining Tenure
5Y 8M
Security Name
JM FINANCIAL PRODUCTS LIMITED TR CM 8.81 NCD 12MR31 FVRS10LAC
Risk Assessment
Credit Rating
Rating
[ICRA]AA (Stable)
Date of Rating
20 Oct 2023
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