Polycab India Limited NCD
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. They have pioneered several strategies and transactions for a wide client base spread across geographies and thus developed rich experience and expertise. Every idea is unique to the need of the client and supported by superior execution to deliver maximum benefits.
ISSUE DETAILS
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Issue Size: Rs.1000 Crs
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).
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“AA/Stable” & “AA”
Rated by CRISIL and ICRA
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Minimum Application Size: Rs.10,000
or 10 NCDs with Face Value of Rs.1000 each
COUPON RATE
STEPS
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Step 1
Log in to your AxisDirect account
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Step 2
Under Trading tab, click on NCD/OFS section
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Step 3
Click on “Current NCD/FD/OFS” tab
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Step 4
Select ‘JM Financial Products Ltd NCD' & “apply”