JM Financial Products Limited scheduling its Secured Redeemable Non Convertible Debentures from February 13, 2020 – March, 9, 2020 having Public issue of Secured, Rated, Listed, redeemable Non-Convertible Debentures of face value of Rs.1,000/- each (the “Debentures” or the “NCDs”), with a base issue size for an amount of Rs. 100 Crores (Rupees One Hundred Crores) with an option to retain over subscription of additional NCDs of face value of Rs.1,000/- each, for an amount upto Rs. 200 Crores (Rupees Two Hundred Crores) aggregating to Rs. 300 Crores (Rupees Three Hundred Crores) (“Tranche III Issue”) which is within the shelf limit of Rs.2,000 Crores. (Rupees Two Thousand Crores).
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:
| Security name: | JM Financial Products Limited |
| Issue Open: | February 13, 2020 – March 09, 2020 |
| Security symbol: | JMFPLTRIII |
| Issue size: | Public issue of Secured, Rated, Listed, redeemable Non-Convertible Debentures of face value of Rs.1,000/- each (the “Debentures” or the “NCDs”), with a base issue size for an amount of Rs. 100 Crores (Rupees One Hundred Crores) with an option to retain over subscription of additional NCDs of face value of Rs.1,000/- each, for an amount upto Rs. 200 Crores (Rupees Two Hundred Crores) aggregating to Rs. 300 Crores (Rupees Three Hundred Crores) (“Tranche III Issue”) which is within the shelf limit of Rs.2,000 Crores. (Rupees Two Thousand Crores). |
| Issue Price: | Rs.1,000 per NCD |
| Face value: | Rs.1,000 per NCD |
| Minimum Lot size: | 1 (one) NCD |
| Market Lot: | 1 (one) NCD |
| Minimum Application Size: | Rs.10,000 (10 NCDs) collectively across all the Series |
| In Multiples of: | Rs.1,000 (1 NCD) across all the Series |
| Credit Rating: | The NCDs have been rated “[ICRA] AA/Stable” by ICRA Limited and “CRISIL AA/Stable” by CRISIL Limited |
| Rating agency: | ICRA Limited and CRISIL Limited |
| Issuance mode of the Instrument | Only in Demat form |
| Listing | BSE |
JM Financial Products Limited NCD – Coupon Rate and Yield:
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Registrar To The Issue:-
- KFin Technologies Private Limited (formely known as Karvy Fintech Pvt. Ltd.)
For More Details Contact us 011-42445800 / 9650901058
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