Description

BSE lists new debt securities of Keertana Finserv Limited worth Rs. 35 crore with 11.30% interest rate.

Summary

BSE has listed new debt securities of Keertana Finserv Limited issued on private placement basis. The securities are worth Rs. 35 crore (3,500 securities of Rs. 1 lakh face value each) with an interest rate of 11.30% per annum and will mature on January 23, 2027.

Key Points

  • Quantity: 3,500 securities with face value of Rs. 1,00,000 each
  • Issue price: Rs. 1,01,124 per security
  • Interest rate: 11.30% per annum paid monthly
  • Credit rating: IND BBB+/Stable
  • Scrip code: 976346, Scrip ID: 1130KFL27
  • ISIN: INE0NES07154 (further listings under same ISIN)
  • Trading in dematerialized form only with tick size of 1 paise

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Securities must be traded only in dematerialized form
  • Trading members should refer to Placement Memorandum for detailed information
  • Contact debt department for clarifications on specified phone numbers

Important Dates

  • Date of allotment: July 28, 2025
  • Interest payment period: February 23, 2025 to January 23, 2027 (monthly)
  • Date of redemption: January 23, 2027
  • Effective from: July 30, 2025

Impact Assessment

Minimal market impact as this is a routine debt security listing for a private placement. The securities add to the debt market inventory but represent a small issuance amount with standard terms.

Impact Justification

Routine debt security listing with limited market impact