Description
BSE announces listing of new debt securities worth ₹5.5 crore by Mindspace Business Parks REIT for trading on debt segment.
Summary
BSE has listed new debt securities of Mindspace Business Parks REIT worth ₹5.5 crore (55,000 securities at ₹1 lakh face value each) on its debt segment. The securities carry a 7.41% interest rate and mature on August 19, 2033.
Key Points
- Quantity: 55,000 securities with market lot of 1
- Face value: ₹1,00,000 per security
- Issue price: ₹1,00,000 per security
- Interest rate: 7.41% per annum (half-yearly payments)
- Credit rating: ICRA AAA
- Scrip code: 977043
- ISIN: INE0CCU07157
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities must be traded only in dematerialized form
- Tick size for trading is 1 paise
- Trading members should refer to placement memorandum for additional details
Important Dates
- Date of allotment: August 20, 2025
- First interest payment: December 31, 2025
- Maturity date: August 19, 2033
- Interest payment frequency: Half-yearly from December 31, 2025 to August 19, 2033
Impact Assessment
Minimal market impact as this is a routine debt security listing for an existing REIT. The ICRA AAA rating indicates high credit quality, making these securities suitable for institutional investors seeking fixed-income exposure to commercial real estate through REITs.
Impact Justification
Routine debt security listing with limited market impact