Thursday, April 18, 2019

10.50% JM Financial NCD April 2019 Issue Dates, Rating & Interest Rates

JM Financial is coming up with Secured NCDs. The subscription to start from 22th April 2019. JM Financial will offer 10.50% interest rates on the NCDs. JM Financial Products Limited incorporated in 1984. The company is a non deposit NBFC company authorised by RBI. They are working in areas like vehicle leasing and lease syndication. They offers financial services like participation in securities lending, distribution, issuance and syndication. They have products like FID structured financing, FID real estate financing, SME financing and capital market funding.

JM Financial NCD Issue Details:
  • NCD Issue Open: 22 April 2019
  • NCD Issue Close: 21 May 2019
  • NCD Issue Size: Rs.1000 Crore
  • Price Band: Rs.1000
  • Interest Rate: Upto 10.50% ** (Annually)
  • Minimum Investment: 10 Bonds (Rs 10,000)
  • Maximum Investment: 1,000 Bonds (Rs 10,00,000)
  • Listing: BSE
JM Financial NCD Issue Rating:
  • ICRA Ratings: ICRA AA
  • CRISIL Ratings: CRISIL AA / Stable
JM Financial NCD Issue Listing:
  • NCD Bonds will be list on BSE.
JM Financial NCD Issue Promoters:
  • JM Financial Limited
How to Apply JM Financial NCD Issue?
You can apply from your existing demat account online and offline. You can apply via downloading form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centres.
JM Financial NCD (April 2019) Issue Tenure & Interest Rates: Details
24 Months-9.90%-
36 Months-10.20%-
60 Months10.04%-10.50%

JM Financial NCD Lead Manager:

  • A.K. Capital Services Limited
  • JM Financial Consultants Pvt Limited
  • Trust Investment Advisors Private Limited
JM Financial NCD (April 2019) Allotment Status:
  • JM Financial NCD issue allotment available on
NCD Registrar:
Karvy Computershare Private Limited
Karvy Registry House, 8-2-596, St. No. 1,
Banjara Hills, Hyderabad - 500 034
Andhra Pradesh, India
Phone: +91-40-23312454

Company Information:
JM Financial Products Limited
7th Floor, Cnergy,
Appasaheb Marathe Marg Prabhadevi
Mumbai, Maharashtra 400 025
Phone: (+91 022) 6630 3030