Description
BSE lists new debt securities worth ₹40 crores issued by Satin Creditcare Network Limited on private placement basis.
Summary
BSE has listed new debt securities of Satin Creditcare Network Limited (SCNL) worth ₹40 crores issued on private placement basis. The securities carry 11.50% interest rate and will mature on January 24, 2031.
Key Points
- New debt securities of Satin Creditcare Network Limited listed on BSE Debt segment
- Issue size: ₹40 crores (4,000 securities × ₹1,00,000 face value)
- Interest rate: 11.50% per annum with monthly payment
- Credit rating: ICRA A/STABLE
- Securities will trade only in dematerialized form
- Tick size: 1 paise
Security Details
- Scrip Code: 976940
- Scrip ID: 1150SCNL31
- ISIN: INE836B08293
- Face Value: ₹1,00,000
- Issue Price: ₹1,00,000
- Market Lot: 1
Important Dates
- Date of Allotment: July 24, 2025
- Listing Date: July 25, 2025
- Interest Payment: Monthly
- Redemption Date: January 24, 2031
Compliance Requirements
- Trading members can trade these securities only in dematerialized form
- No put/call options available
- Placement Memorandum available on BSE website for detailed terms
- Trading members can contact BSE debt department for clarifications
Impact Assessment
Routine debt listing with minimal market impact. The securities are issued on private placement basis and will provide institutional investors access to SCNL’s debt instruments with competitive interest rates.
Impact Justification
Routine debt security listing announcement with limited market impact