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JM Financial Products Limited Issue Tranche 1 scheduling its Secured, Rated, Listed Redeemable Non convertible debentures from April 22, 2019 – May 21, 2019 having Base Issue Rs.200 Crore with an option to retain oversubscription up to Rs.800 Crore aggregating upto Rs.1,000 crore (Tranche I Issue Size).

Investors can get all important information as Price, Date, Prospectus, Credit Rating, Listing, Maturity, allocation ratio, allotment status, subscription details, application form, Lead Managers and Registrar of the Issue.

Summary Of Issue:

Issuer:- JM Financial Products Limited
Issue Open April 22, 2019 – May 21, 2019
Total issue Size

Base Issue Rs.200 Crore with an option to retain oversubscription up to Rs.800 Crore aggregating upto Rs.1,000 crore (Tranche I Issue Size).

Coupon Rate Upto 10.51% p.a.
Face Value Rs. 1,000 Per NCD
Nature of Instrument Secured NCDs of face value of Rs. 1,000
Minimum Application size Rs.10,000/-  ( 10 NCDs) thereafter  in multiples of Rs.1000/-(1 NCD) for all Options of NCDs.
Credit Ratings “AA/Stable” by CRISIL and “AA” by ICRA
Listing Proposed on BSE
Basis of Allotment First Come First Serve Basis
Application Mode ASBA Mandatory ( No Cheque will be accepted)
Nature of Issue Secured Redeemable Non Convertible Debentures.
Issuance and Trading In dematerialized form only.

 

Note: *The subscription list shall remain open for subscription on Working Days from 10 am. to 5 pm. (IST), during the period indicated in the relevant Tranche Prospectus, except that the Issue may close on such earlier date or extended date as may be decided by the Board of Directors of the company (“Board”) or the NCD Public Issue Committee. In the event of such an early closure of or extension subscription list of the Issue, the company shall ensure that notice of such early closure or extension is given to the prospective investors through an advertisement in a national daily newspaper with wide circulation on or before such earlier date or extended date of closure.


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JM Financial Products Limited Issue Allocation:

JM-Financial-Products-Ltd-NCD-Term-Sheet

 


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 Allocation Ratio of JM Financial Products Limited (Category Wise)

 

Category Allocation Amount in Crs.
Total Issue
QIB 10% 100
Corporate 10% 100
HNI 40% 400
Retail 40% 400
Total 100% 1000

 

JM Financial Products Limited NCD Subscription details

Category  Subscription Figure in crore
Institutional
Corporate
HNI
Retail
Total

 

* will be update after issue opening

 

Download JM Financial Products Limited NCD Application Form

 


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Registrar To The Issue:-

  1. Karvy Fintech Pvt Ltd

 

Lead ManagerTo The Issue:-

  1. A.K. Capital Services, JM Financial, Trust Investment Advisors

 

 For More Details Contact us 011-42445800 / 9650901058

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