Description
BSE announces listing of two new debt securities issued by GIC Housing Finance Ltd on private placement basis, effective July 25, 2025.
Summary
BSE has listed two new debt securities issued by GIC Housing Finance Ltd on private placement basis, effective July 25, 2025. Both securities are rated CRISIL AA+ and ICRA AA+ with face values of Rs. 1,00,000 each.
Key Points
- Two new debt securities of GIC Housing Finance Ltd listed on BSE Debt segment
- Securities issued on private placement basis with allotment date July 24, 2025
- Both securities carry high credit ratings (CRISIL AA+, ICRA AA+)
- Securities will trade only in dematerialized form
- Tick size set at 1 paise for both securities
Security Details
Security 1 (GHFL-7.59%-24-8-27-PVT):
- Scrip Code: 976944
- ISIN: INE289B07107
- Interest Rate: 7.59% p.a.
- Maturity: August 24, 2027
- Interest Payment: Annually from August 25, 2025 to August 24, 2027
- Quantity: 20,000 units
Security 2 (GIC-7.49%-24-2-27-PVT):
- Scrip Code: 976945
- ISIN: INE289B07115
- Interest Rate: 7.49% p.a.
- Maturity: February 24, 2027
- Interest Payment: Annually from February 24, 2026 to February 24, 2027
- Quantity: 20,000 units
Trading Requirements
- Securities must be traded in dematerialized form only
- Market lot size: 1 unit for both securities
- Face value and issue price: Rs. 1,00,000 per unit
- No put/call options available
Important Dates
- Allotment Date: July 24, 2025
- Listing Date: July 25, 2025
- First Interest Payment: August 25, 2025 (Security 1) / February 24, 2026 (Security 2)
- Maturity Date: August 24, 2027 (Security 1) / February 24, 2027 (Security 2)
Impact Assessment
This is a routine debt security listing with minimal market impact. The securities are privately placed and represent standard corporate debt instruments from a housing finance company. The high credit ratings indicate low default risk for investors.
Impact Justification
Routine debt security listing announcement with limited market impact