Description

BSE announces listing of new debt securities worth Rs. 21 crores by Finkurve Financial Services Limited on private placement basis.

Summary

BSE has listed new debt securities of Finkurve Financial Services Limited worth Rs. 21 crores (2,100 securities at Rs. 100,000 face value each) issued on private placement basis. The securities carry 11.75% annual interest rate and mature on August 13, 2028.

Key Points

  • New debt securities listed on BSE Debt segment effective August 18, 2025
  • Total quantity: 2,100 securities with face value Rs. 100,000 each
  • ISIN: INE734I07032, Scrip Code: 977033
  • Interest rate: 11.75% per annum with quarterly payments
  • Credit rating: CRISIL BBB
  • Securities tradeable only in dematerialised form

Security Details

  • Company: Finkurve Financial Services Limited
  • Issue Date: August 13, 2025
  • Maturity Date: August 13, 2028
  • Tick Size: 1 paise
  • Market Lot: 1 security

Important Dates

  • Allotment Date: August 13, 2025
  • First Interest Payment: September 30, 2025
  • Interest Payment Frequency: Quarterly until August 13, 2028
  • Redemption Date: August 13, 2028

Trading Information

  • Securities must be traded in dematerialised form only
  • No put/call options available
  • Placement memorandum available on BSE website
  • Trading members can contact debt department for clarifications

Impact Assessment

Minimal market impact as this is a routine private placement listing. The securities add to the debt market options for investors seeking fixed income instruments with BBB credit rating.

Impact Justification

Routine debt securities listing with limited market impact