9.10% Jm Financial Products Limited - AA Rated (INE523H07BD7)

Jm Financial Products Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE523H07BD7, with a face value of ₹3,33,330 rs on 01Jul20 to raise 100 crores. The debt instrument is issued with a coupon rate of 9.10% 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 9.10% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. TRANCHE CC 2020 (XXIII). DATE OF MATURITY 30/06/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 07Jul20. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 22Jun20. This issuer is formerly known as JM FINANCIAL PRODUCTS PRIVATE LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.