Description

BSE announces listing of new debt securities worth Rs. 2,500 lakhs by Indel Money Limited on private placement basis with 11.25% interest rate.

Summary

BSE has listed new debt securities of Indel Money Limited worth Rs. 2,500 lakhs issued on private placement basis. The securities carry an interest rate of 11.25% per annum with monthly interest payments and mature on April 23, 2027.

Key Points

  • Quantity: 2,500 securities of Rs. 1 lakh face value each
  • Scrip Code: 976928 (ISIN: INE0BUS07BW7)
  • Issue Price: Rs. 99,630.14 per security
  • Credit Rating: CRISIL BBB+/Stable
  • Interest Rate: 11.25% per annum paid monthly
  • Trading in dematerialized form only with 1 paise tick size

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Securities will trade under the specified ISIN number
  • Tick size of 1 paise applies
  • Refer to Placement Memorandum for detailed terms

Important Dates

  • Date of Allotment: August 11, 2025
  • Interest Payment Dates: Monthly from August 23, 2025 to April 23, 2027
  • Maturity Date: April 23, 2027
  • Trading Commencement: August 12, 2025

Impact Assessment

Minimal market impact as this is a routine private placement listing of corporate debt securities. The listing adds to BSE’s debt segment inventory but represents standard corporate financing activity with no broader market implications.

Impact Justification

Routine debt security listing with limited market impact