Description

BSE announces listing of new debt securities by Magnum Ventures Limited worth Rs. 5 crores on private placement basis with 18% interest rate.

Summary

BSE has listed new debt securities of Magnum Ventures Limited worth Rs. 5 crores (5000 securities of Rs. 100,000 face value each) issued on private placement basis. The securities carry an 18% annual interest rate with monthly interest payments and maturity date of August 31, 2027.

Key Points

  • Quantity: 5,000 debt securities
  • Face Value: Rs. 1,00,000 per security
  • Interest Rate: 18% per annum (paid monthly)
  • Credit Rating: Acuite BB Stable
  • ISIN: INE387I07013
  • Scrip Code: 975493
  • Date of Allotment: August 12, 2025
  • Maturity Date: August 31, 2027
  • Trading only in dematerialized form
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Securities to be traded under the specified ISIN number
  • Refer to Placement Memorandum for additional details

Important Dates

  • August 12, 2025: Date of Allotment
  • August 14, 2025: Listing effective date
  • Monthly: Interest payment dates
  • August 31, 2027: Redemption date

Impact Assessment

Minimal market impact as this is a routine private placement debt listing. The securities will provide additional investment options in the debt segment with relatively high interest rate of 18% annually, though rated at BB level indicating higher risk.

Impact Justification

Routine debt security listing with limited market impact