Description
BSE announces listing of ₹25 crore debt securities by Avanti Finance Private Limited with 10.90% interest rate and July 2026 maturity.
Summary
BSE has listed new debt securities of Avanti Finance Private Limited issued on private placement basis. The securities worth ₹25 crore (2,500 units of ₹1 lakh each) carry 10.90% annual interest with quarterly payments and mature on July 30, 2026.
Key Points
- Quantity: 2,500 units with face value of ₹1,00,000 each
- Scrip Code: 976962 (AFPL-30-07-26-PVT)
- ISIN: INE0BNQ07139
- Interest rate: 10.90% per annum paid quarterly
- Issue date: July 29, 2025
- Maturity: July 30, 2026
- Credit rating: CRISIL BBB/Stable
- Trading in dematerialized form only
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Securities to be traded under specified ISIN number
- Reference to placement memorandum available on BSE website for detailed terms
Important Dates
- Allotment date: July 29, 2025
- Trading commencement: July 30, 2025
- Interest payment: Quarterly
- Redemption date: July 30, 2026
Impact Assessment
Minimal market impact as this is a routine private placement listing of corporate debt securities. The listing provides additional investment options in the debt segment for institutional and qualified investors.
Impact Justification
Routine debt security listing with limited market impact