Description
BSE lists new debt securities of Keertana Finserv Limited worth Rs. 35 crore on private placement basis with 11.2% interest rate.
Summary
BSE has listed new debt securities of Keertana Finserv Limited on private placement basis effective August 4, 2025. The issue consists of 3,500 securities with face value of Rs. 1,00,000 each, totaling Rs. 35 crore.
Key Points
- Securities listed on BSE Debt segment with scrip code 976776
- Issue size: 3,500 securities worth Rs. 35 crore
- Interest rate: 11.2% per annum paid monthly
- Issue price: Rs. 1,01,129 per security
- Credit rating: IND BBB+/Stable
- Trading only in dematerialized form
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form under ISIN INE0NES07188
- Tick size for securities is 1 paise
- Reference to Placement Memorandum available on BSE website for further details
Important Dates
- Date of Allotment: August 1, 2025
- Interest Payment: Monthly from August 11, 2025 to December 11, 2026
- Date of Redemption: December 11, 2026
- Trading Commencement: August 4, 2025
Impact Assessment
Minimal market impact as this is a routine private placement listing of debt securities. The listing provides additional investment options for debt market participants but does not affect broader market operations or equity trading.
Impact Justification
Routine debt security listing with limited market impact