JM Financial Products 8.75% Feb 2031 NCD (INE523H07BJ4)

CRISIL AA Secured NCD

JM Financial Products Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2031

15 more bonds from JM Financial Products Limited →

Current YTM

—

No market YTM available

Coupon Rate

8.75%

Per annum

Maturity Date

12 Feb 2031

4.3 Yrs to Maturity

Interest Payment

Annual

Frequency

Face Value

₹10,00,000

Per Bond

Market Position

YTM (Annual)

—

No trade with a usable price on record

10Y G-Sec Benchmark

7.19%

Reference point, not this bond's tenor

Tenure

4.3 Years

Remaining to maturity

Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.

Showing last 10 trades.

Cashflow Timeline

24 Feb 2027

Interest Payment

₹87,500.00 / Bond

₹78,750.00 net of 10% TDS (est.)

24 Feb 2028

Interest Payment

₹87,500.00 / Bond

₹78,750.00 net of 10% TDS (est.)

24 Feb 2029

Interest Payment

₹87,500.00 / Bond

₹78,750.00 net of 10% TDS (est.)

24 Feb 2030

Interest Payment

₹87,500.00 / Bond

₹78,750.00 net of 10% TDS (est.)

12 Feb 2031

Final coupon (part period) + principal

₹10,84,623.29 / Bond

₹84,623.29 coupon + ₹10,00,000 face value

5 coupons remaining, the last paid with principal at maturity · per ₹10,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today

Key Metrics

Coupon Rate

8.75%

YTM (Annual)

—

Credit Rating

(CRISIL) · rated 28 Feb 2021, 5 years ago

Over 15 months old; see below

Remaining Tenure

4.3 Years

AA (CRISIL): Rated 28 Feb 2021 (5 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics

Modified Duration

3.23 Yrs

Macaulay Duration

3.52 Yrs

Issue Size

₹95 Cr

Minimum Investment

₹10,00,000

1 bond × ₹10,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration

3.23 Yrs

Price sensitivity per 1% yield move

Payment Frequency

Annual

Last Trade

—

No recorded trades

Trades (30 Days)

Exchange-reported sessions

Security Status

Secured

No call option

Observations

This bond is secured.
No secondary-market trades recorded in the last 30 days.
Coupon is 1.45 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 8 Nov 2026

Issuer

JM Financial Products Limited

Instrument Type

NCD

Issue Date

24 Feb 2021

Day Count Convention

ACT/ACT

Listed Exchange

BSE

Call / Put Option

None disclosed

JM Financial Products 8.75% Feb 2031 NCD is a secured, rated NCD issued by JM Financial Products Limited. It pays an 8.75% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

2 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

Date	Agency	Rating	Outlook	Status	Source
28 Feb 2021	CRISIL	AA	—	Latest	BSE listing
2021	ICRA	AA	—	NSDL record, 2021	NSDL debt master

Rating Action History

1 actions

Agency actions on JM Financial Products Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

Date	Agency	Action	Rating	Outlook	Rationale
2026-08-28	CRISIL	Reaffirm	AA	Stable	View →

Issuer health card · ratings, payment record, defaults, trading, filings 2 items to look at →

Rating Actions on JM Financial Products Limited

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

Date	Agency	Action	Rating	Rationale
2026-08-28	CRISIL	Reaffirm	AA / Stable	View →

Alert me about JM Financial Products Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Data Coverage

Dataset	Records	Detail	Freshness
Credit Ratings	2	CRISIL, ICRA	2021-02-28
Rating Actions History	1	—	2026-08-28
Secondary-Market Trades	0	—	—
Reg52(4) Payment Disclosures	0	—	—

No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata

Source: BSE
Last Updated: 8 Nov 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Frequently Asked Questions

What is the coupon rate on JM Financial Products 8.75% Feb 2031 NCD?

JM Financial Products 8.75% Feb 2031 NCD carries a coupon of 8.75%, paid annual, on a face value of ₹10,00,000.

When does JM Financial Products 8.75% Feb 2031 NCD mature?

JM Financial Products 8.75% Feb 2031 NCD matures on 12 Feb 2031, 4.3 years from today.

What is JM Financial Products 8.75% Feb 2031 NCD rated?

JM Financial Products 8.75% Feb 2031 NCD is rated AA by CRISIL (rating dated 28 Feb 2021).

Is JM Financial Products 8.75% Feb 2031 NCD secured?

JM Financial Products 8.75% Feb 2031 NCD is a secured bond.

Where does JM Financial Products 8.75% Feb 2031 NCD trade?

JM Financial Products 8.75% Feb 2031 NCD is listed on BSE.

More Bonds from This Issuer

JM Financial Products 8.92% Nov 2026 NCD

INE523H07CB9

Coupon

8.92%

Maturity

16 Nov 2026

View Details

JM Financial Products 9.00% Dec 2026 NCD

INE523H07CA1

AA+

Coupon

9.00%

Maturity

08 Dec 2026

View Details

JM Financial Products 8.90% Dec 2026 NCD

INE523H07BY3

Coupon

8.90%

Maturity

24 Dec 2026

View Details

JM Financial Products 9.10% Jan 2027 NCD

INE523H07CC7

Coupon

9.10%

Maturity

04 Jan 2027

View Details

Compare (/) Compare Bonds

Comparable NCDs maturing near 2031

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 8.75%. For comparison only, not a recommendation.

Bond	Issuer	Rating	Coupon	Maturity
INE121A08PF8	Cholamandalam Investment and Finance Company Limited	AA+ NSDL record, 2023	8.75%	2030-05-23
INE053F09GX2	Indian Railway Finance Corporation Limited	AAA	8.79%	2030-05-04
INE148I07YI2	Sammaan Capital Limited	AA	8.79%	2030-12-09
INE2T2Q07055	Hyderabad Metropolitan Development Authority	AA NSDL record, 2026	8.70%	2030-03-15
INE338I07206	Motilal Oswal Financial Services Limited	—	8.70%	2031-09-16
INE134E08DB8	Power Finance Corporation Limited	AAA	8.85%	2030-06-15

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