Description
BSE announces listing of new debt securities issued by LoanX Bramble Jul 2025 on private placement basis with 12.25% interest rate.
Summary
BSE has listed new debt securities of LoanX Bramble Jul 2025 issued on private placement basis. The securities carry a 12.25% per annum interest rate and are rated ICRA A(SO), with trading commencing immediately on the BSE Debt segment.
Key Points
- Quantity: 8,631 securities with market lot of 1
- Scrip Code: 976995, Scrip ID: 1225LB2532
- ISIN: INE2DDX15016
- Face Value: ₹10,000 per security
- Interest Rate: 12.25% per annum (monthly payment)
- Credit Rating: ICRA A(SO)
- 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 must be traded under the specified ISIN number
- Trading members can contact debt department for clarifications on 22728352/8597/8995/5753/8915
Important Dates
- Date of Allotment: August 1, 2025
- Trading Commencement: August 6, 2025
- Interest Payment: Monthly
- Redemption Date: January 28, 2032
Impact Assessment
Minimal market impact as this is a routine debt security listing. The securities provide institutional investors with a fixed-income investment option carrying moderate credit risk (ICRA A(SO) rating) and attractive yield of 12.25% per annum.
Impact Justification
Routine debt security listing announcement with limited market impact