Description
BSE lists new 11% debt securities of VITP Private Limited worth ₹110 crore with 30-year maturity period.
Summary
BSE has listed new debt securities of VITP Private Limited issued on private placement basis, effective from August 6, 2025. The securities carry 11% annual interest rate with a 30-year maturity period and ICRA A-(stable) credit rating.
Key Points
- Quantity: 11,000 securities with face value of ₹1,00,000 each
- Total issue size: ₹110 crore
- Interest rate: 11% per annum paid annually
- Maturity: 30 years (August 3, 2055)
- Credit rating: ICRA A-(stable)
- Scrip code: 976987
- ISIN: INE743G08134
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities must be traded only in dematerialized form
- Tick size is 1 paise
- Trading members must refer to Placement Memorandum for detailed terms
- Contact debt department for clarifications
Important Dates
- Date of allotment: August 4, 2025
- Trading commencement: August 6, 2025
- Interest payment dates: Annually from August 4, 2026 to August 3, 2055
- Redemption date: August 3, 2055
Impact Assessment
Minimal market impact as this is a routine private placement listing. The securities provide long-term financing option for VITP Private Limited with attractive 11% yield for investors. Call option provides flexibility to the issuer for early redemption.
Impact Justification
Routine debt security listing with limited market impact