Description
IndiGrid Infrastructure Trust lists new debt securities worth Rs. 190 crore on BSE Debt segment with 7.3450% interest rate.
Summary
IndiGrid Infrastructure Trust has listed new debt securities worth Rs. 190 crore on BSE Debt segment through private placement. The securities carry a 7.3450% annual interest rate with quarterly payments and mature on July 31, 2047.
Key Points
- Quantity: 1,90,000 securities with face value of Rs. 1,00,000 each
- Scrip Code: 976972, ISIN: INE219X07553
- Credit Rating: CRISIL-AAA/STABLE and ICRA AAA/STABLE
- Issue Price: Rs. 1,00,000 per security
- Interest Rate: 7.3450% per annum paid quarterly
- Trading only in dematerialized form with tick size of 1 paise
Regulatory Changes
No regulatory changes introduced. Standard listing procedure for debt securities.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Securities subject to call and put options as per disclosure document
- Members should refer to Placement Memorandum for detailed terms
Important Dates
- Date of Allotment: July 31, 2025
- Trading Commencement: July 31, 2025
- First Interest Payment: September 30, 2025
- Maturity Date: July 31, 2047
- Interest Payment Frequency: Quarterly from September 30, 2025 to July 31, 2047
Impact Assessment
Provides institutional and retail investors access to high-rated infrastructure debt with attractive yield. The AAA rating and 22-year tenure offer long-term stable income opportunity in the infrastructure investment trust segment.
Impact Justification
New debt securities listing provides additional investment avenue in infrastructure sector