Page 2 - Jm Financial

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

Concessional tax rate on debt puts foreign funds on sticky wicket

Experts believe the lower tax rate is a significant contributor in making India's debt market attractive to overseas investors

JM Financial Home Loans eyes Rs 2K-cr loan-book by FY21 with BoB pact

Sheth further said they will also be tapping the customers from those developers whom it funds now to grow the loan book

JM Financial surges over 5% on nod to fund-raising plan, hike in FII limit

The stock had hit a 52-week high of Rs 100 on November 22

JM Financial goes digital, pools in FDs to help cash-strapped NBFCs

Initially the platform will be to collect fixed deposits for HDFC, Bajaj Finance, and Mahindra Finance, he said, which will be scaled up later and will work on a fee- based model

Sunrise Foods eyes strategic sale; valuation pegged at Rs 2,500 crore

The company has appointed JM Financial as the investment banker on the deal

JM Financial former V-P, other settle insider trading case with Sebi

Atul Saraogi is son-in-law of Vimala Devi Kalantri, according to Sebi's order

JM Financial files application at NCLT against Hotel Leela Venture

The move will help lenders get a better valuation, said an official at one of the lending firms. The case is likely to come up before the NCLT Bench by middle of next month

JM Financial Credit Solutions to raise up to Rs 12.5 bn through bonds

The issue will open on November 20 and close of December 20

Vikram Pandit and JM Financial's realty venture receives more funds

The fund raising, which comes at a time the NBFC sector is going through turmoil, will give comfort to investors and may help in improving the sentiment

JM Financial ARC to own 75% of Leela; promoter's stake will shrink to 15.9%

Meanwhile, Bank of Baroda has put on sale its exposure to Hotel Leelaveture, worth Rs 464.5 million

JM Financial to sell 32% stake in Sona BLW to private equity investors

In-house research and development has already come up with an electric axle and has showcased the device for three-wheelers

JM Financial's Q3 up over 41% at Rs 1.6 bn, total income touches Rs 8 bn

The average AUM of our mutual fund schemes during the quarter ended December 31, 2017 stood at Rs 166 bn