Description
BSE announces listing of ₹50 crore debt securities by Keertana Finserv Limited with 11.10% interest rate, maturing August 2027.
Summary
BSE has listed new debt securities worth ₹50 crore issued by Keertana Finserv Limited on private placement basis. The securities carry an interest rate of 11.10% per annum with monthly interest payments and mature on August 19, 2027.
Key Points
- Quantity: 50,000 securities with face value of ₹10,000 each
- Scrip Code: 977044, Scrip ID: 111KFL27
- ISIN: INE0NES07261
- Credit Rating: IND BBB+/Stable
- Issue price: ₹10,000 per security
- Date of allotment: August 19, 2025
- Trading in dematerialized form only
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Securities to be traded under the specified ISIN number
- Members can refer to Placement Memorandum for additional details
Important Dates
- Listing Date: August 21, 2025
- Allotment Date: August 19, 2025
- First Interest Payment: September 19, 2025
- Monthly Interest Payments: 19th of each month until August 19, 2027
- Maturity Date: August 19, 2027
Impact Assessment
Minimal market impact as this is a routine private placement listing of debt securities. The securities provide investors with a fixed income option at 11.10% annual interest rate with monthly payments over a 2-year tenure.
Impact Justification
Routine debt security listing with limited market impact