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Invest in public issue of
NCD Issue of 360 One Prime Limited
Issue Closes in -668 days
Issue Details
Issue Price
₹1,000.00
Face Value
₹1,000.00/NCD
Effective Yield
9.86 % (Series 9)
Minimum Investment
₹10,000.00
Registrar
Link Intime India Private Limited
Mode of issue
PUBLIC
Mode of Allotment And Trading
Demat only
Listing on
BSE
Base Issue
₹ 100CR
+
Greenshoe
₹ 400CR
=
Issue Size
₹ 500CR
Investment Series
Investor Category III
Investor Category IV
Retail Individual Investors / RIIs Investment amount less than 10 lacs
SeriesTenorPayment FrequencyCouponEffective YieldRedemption AmountUnits
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Issuer
360 One Prime Limited
Issuer Overview
360 ONE WAM Limited is one of the leading wealth and asset management companies (Source: CareEdge Report). It is a holding company with subsidiaries engaged in wealth and asset management services including financial asset distribution, broking, lending, credit and investment solutions and asset and portfolio management. The 360 ONE Group mainly acts as a wealth manager. It provides financial products distribution, transaction advisory, asset management, portfolio management, lending, credit and investment, and trustee services by mobilising funds and assets of various classes of investors including HNIs and ultra-HNIs. It enjoys robust backing from institutional shareholders and has demonstrated a consistent ability to secure capital as needed. As of Sep’23, its net worth stood at ₹ 3,264.90 Cr. The capitalization has been fortified through periodic equity injections, with notable including ₹750.00 Cr. in FY19 from General Atlantic, Steadview Capital, HDFC Life and others. The consolidated AUM includes annual recurring revenue assets, transactional or broking revenue assets and custody AUM) of 360 ONE WAM Limited was ₹ 4,12,549.19 Cr. as of Sep’23. It has sustained growth and momentum within its wealth and asset management business, consequently contributing to enhanced profitability. In FY23 it reported a profit after tax of ₹ 657.89 Cr. achieved against a total income of ₹ 2,063.78 Cr. Notably, the cost-to-income ratio exhibited a favourable trend, decreasing from 51.07% in FY22 to 45.80 % in FY23.
Industry
Financial ServicesFF
Year Founded
1994
Sector
N/A
Ownership
N/A
Head Office
Mumbai
Issue Programme
May 24, 2024 - Jun 06, 2024
( With option for early closure )
Allotment
First come first serve Basis
Credit Rating
AA CRISIL(with stable outlook)AA ICRA(with stable outlook)
Effective Yield
9.86 %
(Series 9)
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Standard Disclaimer
Investment in securities market are subject to market risks, read all the related documents carefully before investing.
Registration Details
JM Financial Services Ltd.
Corporate Identity Number: U67120MH1998PLC115415
https://www.jmfinancialservices.in
Registered Office
JM Financial Services Limited, 7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025.
Tel.: (022) 6630 3030. Fax: (022) 6630 3223
Corporate Office
JM Financial Services Limited, 5th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025.
Tel.: (022) 6704 0404. Fax: (022) 6704 3139
Standard Disclaimer
Fixed returns do not constitute guaranteed or assured returns. Investments in corporate debt securities, municipal debt securities/securitised debt instruments are subject to credit risks, market risks and default risks including delay and/or default in payment. Read all the offer related documents carefully
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