Description
BSE announces listing of new debt securities issued by Magnum Ventures Limited with 18% interest rate and maturity date of August 31, 2027.
Summary
BSE has announced the listing of new debt securities issued by MAGNUM VENTURES LIMITED on private placement basis, effective August 14, 2025. The securities carry an 18% annual interest rate with monthly interest payments and mature on August 31, 2027.
Key Points
- Quantity: 5,000 securities with market lot of 1
- Scrip Code: 975493, Scrip ID: 18MVL27
- ISIN Number: INE387I07013 (further listings under same ISIN)
- Face Value: Rs. 100,000 per security
- Issue Price: Rs. 100,000 per security
- Date of Allotment: August 12, 2025
- Credit Rating: Acuite BB Stable
- 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 will trade under the specified ISIN number
- Trading members can refer to Placement Memorandum for additional details
- Contact debt department (22728352/8597/8995/5753/8915) for clarifications
Important Dates
- Allotment Date: August 12, 2025
- Listing Date: August 14, 2025
- Interest Payment: Monthly
- Redemption Date: August 31, 2027
Impact Assessment
Limited market impact as this is a routine private placement debt listing. The securities provide investors with a high-yield debt instrument (18% p.a.) from Magnum Ventures Limited with a BB credit rating.
Impact Justification
Routine debt security listing with limited market impact