Description

BSE lists new debt securities of Asirvad Microfinance Limited worth ₹25 crore with 8.70% interest rate, maturing in August 2028.

Summary

BSE has listed new debt securities of Asirvad Microfinance Limited issued on private placement basis. The securities have a face value of ₹1 lakh each with a total quantity of 2,500 units, effectively raising ₹25 crore. The securities carry an interest rate of 8.70% per annum with quarterly interest payments.

Key Points

  • Total quantity: 2,500 securities worth ₹25 crore
  • Face value: ₹1,00,000 per security
  • Interest rate: 8.70% per annum (quarterly payments)
  • Credit rating: CRISIL AA-/Stable
  • Securities tradable only in dematerialized form
  • Tick size: 1 paise

Important Dates

  • Allotment Date: August 12, 2025
  • Listing Date: August 13, 2025
  • Maturity Date: August 12, 2028
  • Interest Payment: Quarterly

Trading Details

  • Scrip Code: 977018
  • Scrip ID: 870AML28
  • ISIN: INE516Q08448
  • Detail Name: AML-8.70%-12-08-28-PVT
  • Market Lot: 1
  • Put/Call Option: Not Available

Compliance Requirements

  • Securities must be traded only in dematerialized form
  • Trading members can refer to Placement Memorandum for further details
  • Contact BSE debt department (22728352/8597/8995/5753/8915) for clarifications

Impact Assessment

This is a routine debt security listing with minimal market impact. The securities provide institutional investors access to Asirvad Microfinance’s debt instruments with attractive interest rates and strong credit rating.

Impact Justification

Routine debt security listing with standard terms, limited market impact