Description
BSE announces listing of new debt securities by Indel Money Limited with 11.25% interest rate, maturing April 23, 2027.
Summary
BSE has listed new debt securities of Indel Money Limited on private placement basis, effective August 12, 2025. The securities carry 11.25% interest rate with monthly payments and mature on April 23, 2027.
Key Points
- Quantity: 2,500 securities with market lot of 1
- Scrip Code: 976928, ISIN: INE0BUS07BW7
- Face Value: Rs. 1,00,000 per security
- Issue Price: Rs. 99,630.14
- Credit Rating: CRISIL BBB+/Stable
- Date of Allotment: August 11, 2025
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Securities will trade only in dematerialised form
- Tick size is 1 paise
- Trading members must refer to Placement Memorandum for additional details
Important Dates
- Listing Date: August 12, 2025
- First Interest Payment: August 23, 2025
- Monthly Interest Payments: 23rd of each month until April 23, 2027
- Redemption Date: April 23, 2027
Impact Assessment
Minimal market impact as this is a routine private placement listing of debt securities. The listing expands BSE’s debt segment offerings but affects only institutional investors due to high face value.
Impact Justification
Routine debt listing with minimal market impact