Description
BSE announces listing of new debt securities of Indel Money Limited worth Rs. 25 crores on private placement basis with 11.25% interest rate.
Summary
BSE has listed new debt securities of Indel Money Limited on its debt segment effective August 12, 2025. The securities were issued on private placement basis with a face value of Rs. 1,00,000 per security and carry an interest rate of 11.25% per annum with monthly interest payments.
Key Points
- Quantity: 2,500 securities totaling Rs. 25 crores
- Face Value: Rs. 1,00,000 per security
- Issue Price: Rs. 99,630.14 per security
- Interest Rate: 11.25% per annum (monthly payments)
- Credit Rating: CRISIL BBB+/Stable
- ISIN: INE0BUS07BW7
- Scrip Code: 976928
- Trading only in dematerialized form
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced. Standard listing procedure for debt securities.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Securities to be traded under the specified ISIN number
- Members can refer to Placement Memorandum for detailed information
- Contact debt department for clarifications on specified phone numbers
Important Dates
- Date of Allotment: August 11, 2025
- Listing Date: August 12, 2025
- Interest Payment Period: August 23, 2025 to April 23, 2027 (monthly)
- Redemption Date: April 23, 2027
Impact Assessment
Minimal market impact as this is a routine debt security listing on private placement basis. The securities provide additional investment options for institutional investors in the debt market segment with a decent credit rating of BBB+/Stable from CRISIL.
Impact Justification
Routine debt security listing with limited market impact