Description
BSE lists new debt securities of Keertana Finserv Limited worth Rs. 100 crore with 11.40% interest rate, maturing in May 2027.
Summary
BSE has listed new debt securities of Keertana Finserv Limited issued on private placement basis, effective August 14, 2025. The securities carry an 11.40% per annum interest rate with monthly payments and mature on May 12, 2027.
Key Points
- Quantity: 10,000 securities with market lot of 1
- Face Value: Rs. 1,00,000 per security
- Issue Price: Rs. 1,00,000 (at par)
- Credit Rating: IND BBB+/Stable
- ISIN: INE0NES07253
- Scrip Code: 977029
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Securities will trade only in dematerialized form
- Tick size set at 1 paise
- Trading members must refer to Placement Memorandum for additional details
- Contact debt department for clarifications on specified phone numbers
Important Dates
- Date of Allotment: August 12, 2025
- Listing Date: August 14, 2025
- Interest Payment: Monthly
- Redemption Date: May 12, 2027
Impact Assessment
Minimal market impact as this is a routine private placement listing of corporate debt securities. The securities provide investors with a fixed income option at 11.40% annual return with monthly interest payments over a 2-year tenure.
Impact Justification
Routine debt security listing with limited market impact