JM FINANCIAL CREDIT SOLUTIONS LIMITED

High Safety

ISIN

INE651J07739

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Essentials - Floating Rate Bond

Coupon Rate (Returns)

8.60 %

Rating

ICRA AA

Interest Payment Frequency

MONTHLY

Twelve Times A Year

Maturity Date

Jul 23, 2024

2 years 7 months

Yield (Effective Returns)

8.25 %

Security Class

Debentures

Next Interest Payment Date

Jan 01, 2022

Allotment Date

Jul 24, 2019

Call date

Put date

Calculate Investment

Choose number of bonds you want to buy

Bond Value Details

Face Value

₹ 10,00,000

Market Value

₹ 10,15,000

Principal Amount

(Market value * no. of bonds)

₹ 10,15,000

Accrued Interest
till Dec 08, 2021

(Interest earned on the bond this year)

₹ 1,649

Total Investment

₹ 10,16,649

Issue Details

Issue Size

600 Crores

Private Issue

Listing details

Yes

Debenture Trustee

IDBI Trusteeship Services Limited

Issuer Details

JM FINANCIAL CREDIT SOLUTIONS LIMITED

Annual Revenue

Business Sector

Finance

Total Equity Valuation

Ownership

Non PSU

Factors

Yield

Moderate

Issue Size

Large

Rating Category*

Tax Saving

Issue Type

Private

*Rating Agency -ICRA

Note: The listing of products above should not be considered an endorsement or recommendation to invest. Please use your own discretion before you transact. The listed products and their price or yield are subject to availability and market cutoff times.

Factors

Yield

Moderate

Issue Size

Large

Rating Category*

Tax Saving

Issue Type

Private

*Rating Agency - ICRA

What can I earn?

Your investment will yield regular returns across the tenure

Your Investment

Total Investment

₹ 10,16,649

Final Payout

Total Payout

₹ 12,27,134.000000

2022

2023

2024

Final Payout

Total Payout

₹ 12,27,134.000000

Get advanced,
in-depth information

We work hard to collect detailed information about the bonds to help you make informed decision. These are high quality data which is fetched from SEBI and Exchange websites.

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

(Jul 15, 2019)

Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.

Credit Outlook

Stable

A Stable outlook indicates that the Rating is likely to remain unchanged

Rating Watch

Under Watch

Not Applicable