Description

BSE lists new debt securities of Keertana Finserv Limited worth ₹35 crore on private placement basis with 11.30% interest rate.

Summary

BSE has listed new debt securities of Keertana Finserv Limited on its debt segment effective July 30, 2025. The securities were issued on private placement basis with a face value of ₹1,00,000 each and carry an interest rate of 11.30% per annum.

Key Points

  • Quantity: 3,500 securities (₹35 crore total value)
  • Face Value: ₹1,00,000 per security
  • Issue Price: ₹1,01,124 per security
  • Interest Rate: 11.30% per annum (monthly payment)
  • Credit Rating: IND BBB+/Stable
  • ISIN: INE0NES07154
  • Scrip Code: 976346
  • Market Lot: 1
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a standard debt security listing under existing framework.

Compliance Requirements

  • Securities must be traded only in dematerialized form
  • Trading members can refer to Placement Memorandum for detailed terms
  • Queries can be directed to BSE debt department

Important Dates

  • Allotment Date: July 28, 2025
  • Listing Date: July 30, 2025
  • Interest Payment Period: February 23, 2025 to January 23, 2027 (monthly)
  • Redemption Date: January 23, 2027

Impact Assessment

Minimal market impact as this is a routine private placement listing. The securities provide institutional investors with a fixed-income instrument rated BBB+ with attractive yield of 11.30% per annum.

Impact Justification

Routine debt security listing with limited market impact