Description
HDB Financial Services Limited lists new debt securities worth ₹50 crore on BSE with 7.9611% interest rate and 2028 maturity.
Summary
HDB Financial Services Limited has listed new debt securities worth ₹50 crore on BSE’s debt segment effective August 8, 2025. The securities were issued on private placement basis with a face value of ₹1 lakh each and carry an interest rate of 7.9611% per annum.
Key Points
- Quantity: 50,000 securities with market lot of 1
- Scrip Code: 976100, Scrip ID: 79611HDB28
- ISIN: INE756I07FB6 (further listing under same ISIN)
- Face Value: ₹1,00,000 per security
- Issue Price: ₹1,01,674.90
- Credit Rating: CARE AAA/Stable, CRISIL AAA/Stable
- Trading only in dematerialised form
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Securities will trade only in dematerialised form under specified ISIN
- Tick size for securities is 1 paise
- Trading members can contact debt department for clarifications
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
- Trading Effective: August 8, 2025
Impact Assessment
Minimal market impact as this is a routine debt securities listing. The securities add to the existing ISIN, indicating continued fundraising by HDB Financial Services. The AAA rating reflects strong creditworthiness, making it attractive for institutional investors seeking fixed-income instruments.
Impact Justification
Routine debt securities listing with minimal market impact