Jm Financial Home Loans Limited - AA Rated (INE01A207104)

Jm Financial Home Loans Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE01A207104, with a face value of ₹10,00,000 rs on 31May22 to raise 50 crores. The debt instrument is issued with a coupon rate of VARIABLE RATE - 3M KOTAK MCLR LINKED and its interest is paid Quarterly. 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 3 MONTH KOTAK MCLR SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. TRANCHE L- 2022. DATE OF MATURITY 31/05/2026.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 03Jun22. 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.