JM Financial Credit Solutions Limited-Public Issue of Secured NCD.
Issue Opens on : 28th May 2018
· JM Financial Credit Solutions Limited is the NBFC arm of JM Financial Limited
· The Company has consistent growth in revenues and profitability
· Total revenue of Rs. 959.93 crores(Fiscal 2018) Rs.788.36 (Fiscal 2017) Rs.519.45 crores (Fiscal 2016) Rs.103.73 crores (Fiscal 2015) Rs.6.00 crores (Fiscal 2014)
· PBT increased at a CAGR of 92.9% from Fiscal 2015 to Fiscal 2018
· PAT increased at a CAGR of 88.8% from Fiscal 2015 to Fiscal 2018
· As at March 31, 2018, the capital adequacy ratio of 22.4% (RBI stipulated is 15.00%)
· As at March 31, 2018 Gross NPAs and Net NPAs constituted 1.0% and 0.9% of total loan book
· Base Issue Rs 300 crores with Option to retain Oversubscription Amount Upto Rs 450 crores
· Rated AA/Stable by ICRA and IND AA/Stable for an amount of upto Rs. 2,000 Crores
THE SPECIFIC TERMS OF EACH INSTRUMENT