Upcoming NCD News: JM Financial Credit Solutions Limited

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ABOUT THE ISSUER

JM Financial is one of India’s prominent financial services groups, specialising in providing a spectrum of businesses to corporations, financial institutions, high net-worth individuals and retail investors. We are known for our diverse businesses such as Investment Banking, Equity, Debt, Commodity Sales and Trading, Wealth Management, Portfolio Management Services, Asset Management, Alternative Asset Management, Financing and Lending, Housing Finance and Distressed Asset Management.

ISSUE DETAILS

Issue Size: Rs.750 Crs

Base Issue Rs.300 Crore with an option to retain oversubscription up to Rs.450 Crore aggregating up to Trache-1 Issue Limit of Rs.750 Crore.
“AA/Stable”

Rated by ICRA and India Ratings
Minimum Application Size: Rs.10,000

or 10 NCDs with Face Value of Rs.1000 each