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JM Finacial NCD April 2019 Detail
Issue Open Apr 22, 2019
Issue Close May 15, 2019
Issue Size (Base) ₹1,000.00 Crores
Issue Size (Shelf) ₹2,000.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE

JM Finacial NCD April 2019 Date & Price

The JM Finacial NCD April 2019 issue opens on Apr 22, 2019, and closes on May 15, 2019, for the subscription.

Note that the public issue of NCD is closed early in case it is fully subscribed (base + shelf) before its issue closing day.The allotment is done on a First Come First Serve Basis.

JM Financial Products Limited NCD IPO dates are as below:

JM Finacial NCD April 2019 Issue Timetable

Bid/Offer Opens OnApr 22, 2019
Bid/Offer Closes OnMay 15, 2019
Record Date
Deemed Date of Allotment

Sorry, JM Finacial NCD April 2019 DRHP PDF Document is not available at this time.

JM Finacial NCD April 2019 Red Herring Prospectus (RHP) PDF

JM Finacial NCD April 2019 price is set at ₹1000 per NCD.

The NCD's will be issued at a face value of ₹1000 each NCD.

The frequency of payment for JM Finacial NCD April 2019 is Monthly/ Annual/ Cumulative.

Each application should be for a minimum of 10 NCD's and multiples of 1 NCD thereof.

JM Finacial NCD April 2019 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until May 15, 2019. The bid may close earlier in case it is fully subscribed.

Coupon Rates for Eash Series

Series 1 Series 2 Series 3 Series 4 Series 5 Series 6
Frequency of Interest Payment Annual Cumulative Annual Cumulative Monthly Annual
Tenor 24 Months 24 Months 36 Months 36 Months 60 Months 60 Months
Coupon Rate (Retail) For Category I & II/ for III & IV 9.90% NA 10.20% NA 10.04% 10.50%
Amount on Maturity For Category I & II/ for III & IV Rs 1,000 Rs 1,208.11 Rs 1,000 Rs 1,338.63 Rs 1,000 Rs 1,000

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 24 months/ 36 months/ 60 months.

JM Finacial NCD April 2019 Issue Size and Subscription Status

The JM Finacial NCD April 2019 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹1,000.00 Crores
  • NCD Shelf Issue Size: ₹2,000.00 Crores

Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base issue.

Sorry, The number of shares offered in JM Finacial NCD April 2019 is not available at this time. Please revisit us for latest updates.

No, NRI's are not eligible to apply in this Issue.

Applications cannot be made by: (a) Minors without a guardian name (A guardian may apply on behalf of a minor. However, the name of the guardian will need to be mentioned on the Application Form); (b) Foreign nationals; (c) Persons resident outside India; (d) Foreign Institutional Investors; (e) Non Resident Indians; (f) Qualified Foreign Investors; (g) Overseas Corporate Bodies; (h) Foreign Venture Capital Funds; (i) Persons ineligible to contract under applicable statutory/ regulatory requirements.

You could check JM Financial Products Limited NCD Grey Market Premium (GMP Rate) by visiting our Grey Market Price (Message Board).

Note that there is no official source of GMP Rate as they are over-the-counter transactions.

JM Finacial NCD April 2019 Allotment and Listing

The NCD's are proposed to be listed on BSE.

Applicants are allocated NCD's on a First Come First Serve Basis.

The JM Financial Products Limited Allotment Status is not available online at this time.

The JM Financial Products Limited NCD listing data are not available. The date is published by the exchange a couple of days before the NCD listing.

It is hard to say at what price JM Finacial NCD April 2019 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

JM Financial Products Limited NCD - Should I apply?

The NCDs proposed to be issued under this Issue have been rated [ICRA]AA by ICRA for an amount of upto ?2,000 crores vide its letters dated January 09, 2019 and have been rated "CRISIL AA/STABLE" by CRISIL for an amount upto ?2,000 crores vide its letter dated January 03, 2019. The rating of the NCDs by ICRA and CRISIL indicates high degree of safety regarding timely servicing of financial obligations.

Sorry, we do not provide NCD recommendations. But we share a lot of information about JM Finacial NCD April 2019 which could help you with questions like JM Finacial NCD April 2019 buy or not? You should also read JM Finacial NCD April 2019 Analysis from experts and check the daily subscription status.

It depends on many factors like company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, NCD Analysis from experts and follow the subscriptions before you make the decision to apply in an NCD public Issue.

JM Financial Products Limited NCD listing day gains are unpredictable as depends on many factors on the day listing. It depends on factors like the demand, the market situation on the day of listing, NCD Issue size etc.