Upcoming NCDby Intellect Investment New Age Advisors
Non Convertible Debentures are debt instrument issued by high-rated companies. JM Financial Credit Solutions Limited is going to issues NCD on 20th November, 2018. Recommended Features
- Base Issue Size - Rs 2,500 million
- Coupon rate from 9.67% to 10.25%
- Mode of Allotment and Trading - Demat only
- Credit Ratings - "AA/Stable" by ICRA and India Ratings
- Payment Mode - Compulsorily ASBA
Review on Upcoming NCDJM Financial Credit Solutions Limited is Systemically Important Non-Deposit taking Non-Banking Financial Company forming part of the JM Financial group. It is a wholesale finance NBFC and provide integrated financial solutions to real estate developers with a focus on residential project financing such as funding real estate developers at various stages in the life cycle of real estate project.
The NCD is having Effective Yields - upto 10.25%
Related to Upcoming NCD
Created on Nov 17th 2018 02:41. Viewed 352 times.
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