Description
BSE announces listing of new debt securities by Avanti Finance Private Limited on private placement basis with 10.9% interest rate.
Summary
BSE has listed new debt securities of Avanti Finance Private Limited issued on private placement basis. The securities carry a 10.9% interest rate and are set to mature on September 30, 2026.
Key Points
- Quantity: 1,500 securities with market lot of 1
- Scrip Code: 976062 (AFPL-10.90%-30-09-26-PVT)
- ISIN: INE0BNQ07113 (further listing under same ISIN)
- Face Value: Rs. 1,00,000 per security
- Credit Rating: CRISIL BBB+/Stable
- Date of Allotment: August 12, 2025
Regulatory Changes
No regulatory changes introduced. Standard debt securities listing procedure followed.
Compliance Requirements
- Securities will trade only in dematerialized form
- Tick size is 1 paise
- Trading members should refer to Placement Memorandum for further details
Important Dates
- Listing Date: August 13, 2025
- Allotment Date: August 12, 2025
- Interest Payment: Monthly from August 30, 2025 to September 30, 2026
- Redemption Date: September 30, 2026
Impact Assessment
Minimal market impact as this is a routine private placement listing of debt securities. The listing provides additional debt market options for institutional investors with a BBB+ rated instrument offering 10.9% annual returns.
Impact Justification
Routine debt securities listing with limited market impact