Description
BSE lists new debt securities of Mindspace Business Parks REIT worth Rs. 55 crores with 7.41% interest rate and maturity in August 2033.
Summary
BSE has listed new debt securities of Mindspace Business Parks REIT on private placement basis effective August 21, 2025. The securities have a face value of Rs. 1,00,000 each with a total quantity of 55,000 units, representing Rs. 550 crores in aggregate value.
Key Points
- Scrip Code: 977043, Scrip ID: 741MBPR33
- ISIN: INE0CCU07157
- Face Value: Rs. 1,00,000 per unit
- Issue Price: Rs. 1,00,000 per unit
- Total Quantity: 55,000 units
- Interest Rate: 7.41% per annum
- Credit Rating: ICRA AAA
- Market Lot: 1 unit
- Tick Size: 1 paise
Regulatory Changes
No regulatory changes introduced. This is a standard debt security listing following existing BSE procedures for REIT debt instruments.
Compliance Requirements
- Securities will trade only in dematerialized form under specified ISIN
- Trading members must refer to Placement Memorandum available on BSE website
- Contact debt department (22728352/8597/8995/5753/8915) for clarifications
Important Dates
- Date of Allotment: August 20, 2025
- Listing Date: August 21, 2025
- Interest Payment: Half-yearly starting December 31, 2025
- Maturity Date: August 19, 2033
Impact Assessment
Minimal market impact as this is a routine private placement listing. The high credit rating (ICRA AAA) and reasonable interest rate of 7.41% make these securities attractive for institutional investors seeking stable fixed-income instruments backed by commercial real estate assets.
Impact Justification
Routine debt security listing with limited market impact