Page 7 - Jm Financial

JM Financial Products to raise Rs 500 crore via first tranche of NCD issue

The issue will continue to help the company diversify borrowing and investor mix, says MD

IDBI Bank strategic sale: 7 firms in race for transaction advisor

As many as seven firms, including JM Financial, Ernst and Young and Deloitte, have bid for managing the strategic sale of IDBI Bank.

Anil Agarwal's Sterlite Power Transmission hires two banks for IPO

The IPO will mainly consist of new shares, and more bankers may be added as plans progress

JM Financial June-qtr consolidated net jumps 117% to Rs 203 crore

JM Financial on Wednesday reported a consolidated net income of Rs 203.14 crore for the quarter to June, up 117 per cent over the same period in 2020, primarily on account of a low base

We see rupee devaluing as exports become priority: JM Financial's Manglunia

Manglunia tells Puneet Wadhwa that based on risk appetite, there is a lot of value in select names in 'AA' category and below, which offer excellent carry even in the face of threat of rising rates

JM Financial PE to invest Rs 35 crore in Pune-based packaged food firm

Investment will support brand building and augmentation of firm's existing capacities; this marks closing of eighth investment by JM Financial India Fund II

Market valuation not as attractive compared to March'20: Satish Ramanathan

Systematic investment plans (SIPs) will be the preferred mode of portfolio building at this juncture, he said

CY21 will be defining year for start-up listings, says Atul Mehra

More companies will prefer a domestic listing as it will bring more visibility, says Atul Mehra

Budget 2021: Road map for sustainable growth, says JM Financial's Kampani

The Budget kept away from mood dampeners such as an increase in taxes (capital gain taxes) and even the much-feared introduction of Covid cess and wealth taxes, writes Kampani

As green shoots emerge all across, confidence returns to IndusInd stock

Positive management outlook post Q2 results has tempted analysts to upgrade their rating

JM Financial Services to use AIFs to grow distressed asset business

AIFs are Sebi-registered entities to make investment on behalf of sophisticated investors.

JM Financial Q2 net profit up 7.3% at Rs 139 crore despite dip in revenue

The company has made a special pandemic provision of Rs 123 crore for the quarter

Mazagon IPO subscribed 7.5 times; UTI AMC mops up 80% on second day

Likhitha Infrastructure's Rs 61-crore IPO garnered nearly three times subscription. All the three IPOs close on Wednesday

Reliance Capital lenders appoint SBI Caps, JM Financial to sell assets

Move follows default on debt to debenture holders who form 99% of the firm's liability

JM Financial net profit drops 26.5% to Rs 93 cr on additional provisioning

JM Financial Group on Thursday reported a 26.5 per cent decline in its consolidated net profit to Rs 93.61 crore for the June 2020 quarter, impacted by coronavirus-driven disruptions

JM Financial's Atul Saraogi settles insider trading case with Sebi

During November 2013 to December 2016, the Sebi had conducted an investigation in case of alleged insider trading by Saraogi

JM Financial raises Rs 770 crore through qualified institutional placement

Nearly 110 million shares of the company were issued at Rs 70 per share under the QIP programme

JM Financial raises Rs 770 cr via QIP, issues 110 mn shares

The company said the issue was subscribed by both domestic as well as foreign investors

JM Financial Products to raise Rs 300 cr in debt through NCD issue

The issue, rated by both Crisil and Icra, will be listed on the BSE, and is managed by AK Capital Services, JM Financial and Trust Investment Advisors.

Budget: A few positive prescriptions for a slow cure, says JM Financial MD

It is reassuring to see that the deficit target was kept within expected lines and 10 per cent growth in nominal gross domestic product is projected