Description

BSE announces listing of new debt securities by HDB Financial Services Limited worth Rs. 50 crores on private placement basis.

Summary

BSE has listed new debt securities of HDB Financial Services Limited worth Rs. 50 crores (50,000 securities at Rs. 1 lakh face value each) on private placement basis. The securities carry 7.9611% annual interest rate and will mature on January 5, 2028.

Key Points

  • Quantity: 50,000 securities with market lot of 1
  • Face Value: Rs. 1,00,000 per security
  • Issue Price: Rs. 1,01,674.90
  • Interest Rate: 7.9611% per annum
  • ISIN: INE756I07FB6 (further listing under same ISIN)
  • Credit Rating: CARE AAA/Stable, CRISIL AAA/Stable
  • Trading only in dematerialized form
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Securities to be traded under specified ISIN number INE756I07FB6
  • Tick size compliance of 1 paise required

Important Dates

  • Date of Allotment: October 15, 2024
  • Interest Payment Dates: Annually from January 5, 2026 to January 5, 2028
  • Redemption Date: January 5, 2028
  • Effective Trading Date: August 8, 2025

Impact Assessment

Limited market impact as this is a routine debt security listing for an existing issuer. The AAA credit rating indicates high credit quality. Trading members can access additional investment options in the debt segment.

Impact Justification

Routine debt security listing with limited market impact