Description
BSE announces listing of Rs. 5,332 crore debt securities by NAMDEV FINVEST PRIVATE LIMITED with 11.25% interest rate.
Summary
BSE has listed new debt securities of NAMDEV FINVEST PRIVATE LIMITED issued on private placement basis, effective from July 30, 2025. The securities carry an 11.25% annual interest rate and mature on July 29, 2031.
Key Points
- Quantity: 5,332 securities with market lot of 1
- Scrip Code: 976964 (NFPL-11.25%-29-7-31-PVT)
- ISIN: INE0IX207247
- Face Value: Rs. 1,00,000 per security
- Credit Rating: CRISIL BBB+/Stable
- Interest Rate: 11.25% per annum
- Trading only in dematerialized form
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Securities to be traded under the specified ISIN number
- Refer to Placement Memorandum for additional details
Important Dates
- Date of Allotment: July 29, 2025
- Listing Effective Date: July 30, 2025
- Interest Payment: Half-yearly from January 15, 2026 to July 29, 2031
- Redemption Date: July 29, 2031
Impact Assessment
Minimal market impact as this is a routine private placement debt listing. The securities provide institutional investors with a fixed-income investment option with BBB+ rating and 11.25% yield.
Impact Justification
Routine debt security listing with limited market impact