8% Jm Financial Home Loans Limited - AA Rated (INE01A207062)

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 05Jul24. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.