Fixed Alpha
AA

What do these ratings mean?

Credit ratings assigned by SEBI-registered agencies such as CRISIL, ICRA and CARE.

Sovereign BondsSOVEREIGN
These securities are the safest investments, backed by governments with a strong ability to meet financial obligations.
Highest SafetyAAA
Securities with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Such securities carry lowest credit risk.
High SafetyAA+AAAA-
Securities with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such securities carry very low credit risk.
Adequate SafetyA+AA-
Securities with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such securities carry low credit risk.
Moderate SafetyBBB+BBBBBB-
Securities with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Such securities carry moderate credit risk.
Moderate RiskBB+BBBB-
Securities with this rating are considered to have moderate risk of default regarding timely servicing of financial obligations.
Moderate High RiskB+BB-
Securities with this rating are considered to have high risk of default regarding timely servicing of financial obligations.
Very High RiskCCC+CCCCCC-CC+CCCC-C+CC-
Securities with this rating are considered to have very high risk of default regarding timely servicing of financial obligations.
DefaultD
Securities with this rating are in default or are expected to be in default soon.

JM Financial Products Limited

INE523H07BC9· Listed on BSE

9.67%

Yield

Tenure

3Y 6M 1D

Maturity Date

16 Mar 2030

Coupon Frequency

Monthly

Face Value

₹1,000

Nature

Secured

Coupon Rate

9.57%

About the Issuer

JM Financial Limited is a diversified financial services group offering a wide range of services across investment banking, mortgage lending, alternative and distressed credit, asset reconstruction, asset and wealth management, securities broking, mutual funds, and private equity. Headquartered in Mumbai, the Group serves institutional, corporate, government, and retail clients through an extensive network spanning over 900 locations across more than 230 cities in India. JM Financial Limited is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The Group benefits from its diversified business model, established market presence, comprehensive financial services platform, and pan-India distribution network, enabling it to cater to a broad and diversified customer base.

Rating Rationale

Coupon ladder

Payment schedule of interest and principal

Apr '20Coupon

₹4

May '20Coupon

₹8

Jun '20Coupon

₹8

Jul '20Coupon

₹8

Aug '20Coupon

₹8

Sep '20Coupon

₹8

Oct '20Coupon

₹8

Nov '20Coupon

₹8

Dec '20Coupon

₹8

Jan '21Coupon

₹8

Feb '21Coupon

₹8

Mar '21Coupon

₹7

Apr '21Coupon

₹8

May '21Coupon

₹8

Jun '21Coupon

₹8

Jul '21Coupon

₹8

Aug '21Coupon

₹8

Sep '21Coupon

₹8

Oct '21Coupon

₹8

Nov '21Coupon

₹8

Dec '21Coupon

₹8

Jan '22Coupon

₹8

Feb '22Coupon

₹8

Mar '22Coupon

₹7

Apr '22Coupon

₹8

May '22Coupon

₹8

Jun '22Coupon

₹8

Jul '22Coupon

₹8

Aug '22Coupon

₹8

Sep '22Coupon

₹8

Oct '22Coupon

₹8

Nov '22Coupon

₹8

Dec '22Coupon

₹8

Jan '23Coupon

₹8

Feb '23Coupon

₹8

Mar '23Coupon

₹7

Apr '23Coupon

₹8

May '23Coupon

₹8

Jun '23Coupon

₹8

Jul '23Coupon

₹8

Aug '23Coupon

₹8

Sep '23Coupon

₹8

Oct '23Coupon

₹8

Nov '23Coupon

₹8

Dec '23Coupon

₹8

Jan '24Coupon

₹8

Feb '24Coupon

₹8

Mar '24Coupon

₹8

Apr '24Coupon

₹8

May '24Coupon

₹8

Jun '24Coupon

₹8

Jul '24Coupon

₹8

Aug '24Coupon

₹8

Sep '24Coupon

₹8

Oct '24Coupon

₹8

Nov '24Coupon

₹8

Dec '24Coupon

₹8

Jan '25Coupon

₹8

Feb '25Coupon

₹8

Mar '25Coupon

₹7

Apr '25Coupon

₹8

May '25Coupon

₹8

Jun '25Coupon

₹8

Jul '25Coupon

₹8

Aug '25Coupon

₹8

Sep '25Coupon

₹8

Oct '25Coupon

₹8

Nov '25Coupon

₹8

Dec '25Coupon

₹8

Jan '26Coupon

₹8

Feb '26Coupon

₹8

Mar '26Coupon

₹7

Apr '26Coupon

₹8

May '26Coupon

₹8

Jun '26Coupon

₹8

Jul '26Coupon

₹8

Aug '26Coupon

₹8

Sep '26Coupon

₹8

Oct '26Coupon

₹8

Nov '26Coupon

₹8

Dec '26Coupon

₹8

Jan '27Coupon

₹8

Feb '27Coupon

₹8

Mar '27Coupon

₹7

Apr '27Coupon

₹8

May '27Coupon

₹8

Jun '27Coupon

₹8

Jul '27Coupon

₹8

Aug '27Coupon

₹8

Sep '27Coupon

₹8

Oct '27Coupon

₹8

Nov '27Coupon

₹8

Dec '27Coupon

₹8

Jan '28Coupon

₹8

Feb '28Coupon

₹8

Mar '28Coupon

₹8

Apr '28Coupon

₹8

May '28Coupon

₹8

Jun '28Coupon

₹8

Jul '28Coupon

₹8

Aug '28Coupon

₹8

Sep '28Coupon

₹8

Oct '28Coupon

₹8

Nov '28Coupon

₹8

Dec '28Coupon

₹8

Jan '29Coupon

₹8

Feb '29Coupon

₹8

Mar '29Coupon

₹7

Apr '29Coupon

₹8

May '29Coupon

₹8

Jun '29Coupon

₹8

Jul '29Coupon

₹8

Aug '29Coupon

₹8

Sep '29Coupon

₹8

Oct '29Coupon

₹8

Nov '29Coupon

₹8

Dec '29Coupon

₹8

Jan '30Coupon

₹8

Feb '30Coupon

₹8

Mar '30Coupon

₹7

Mar '30Coupon + Principal

₹1,004

Bond Trading History

Trading history isn’t available for this instrument yet.

Data as of 16-Sep-2026

How to invest in this bond

JM Financial Products Limited

Login to your existing Equity broker (Eg. Zerodha, ICICI Direct) and purchase bonds from BSE/NSE just like equity using the following steps:

  1. Search for this specific bond. Copy its ISIN and enter in the Search bar of your broker app.INE523H07BC9If that does not work, try its BSE scrip code:BSE937149
  2. Enter the quantity required.
  3. Enter following Price:₹1,012.82This is the Price at which you will earn Fixed Returns (Yield) of 9.67% if you hold the bond till maturity. If you enter a different price, then your returns will differ.
  4. Fund your wallet and place the order.
  5. Once the transaction is successful, bonds will get credited to your demat account next day (T+1) like equities.
  6. Interest and Principal will get directly deposited to your bank account linked with your Demat.