Description
BSE lists new debt securities worth ₹75 crores from Avanse Financial Services Limited with 9% and 8.9% interest rates.
Summary
BSE has listed new debt securities of Avanse Financial Services Limited worth ₹75 crores issued on private placement basis. Two series of securities have been listed with different interest rates and maturity periods, both rated CRISIL AA-/Stable.
Key Points
- Two series of debt securities listed on BSE Debt segment
- Series 1: ₹75 crores at 9% p.a. maturing on 24/07/2028
- Series 2: ₹75 crores at 8.9% p.a. maturing on 10/09/2027
- Both securities have face value of ₹1,00,000 each
- Securities will trade only in dematerialized form
- Tick size is 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Securities must be traded under specified ISIN numbers
- Refer to Placement Memorandum for additional details
Important Dates
- Allotment Date: 24/07/2025
- Listing Date: 28/07/2025
- Interest Payment: Annually
- Series 1 Redemption: 24/07/2028
- Series 2 Redemption: 10/09/2027
Impact Assessment
Minimal market impact as this is a routine listing of debt securities on private placement basis. The listing provides additional investment options for institutional investors in the debt market segment.
Impact Justification
Routine debt securities listing with limited market impact