Description
BSE announces listing of new debt securities worth ₹60 crores by Satin Creditcare Network Limited on private placement basis.
Summary
BSE has listed new debt securities of Satin Creditcare Network Limited worth ₹60 crores (6000 securities at ₹1 lakh face value each) issued on private placement basis. The securities carry 11.5% annual interest rate and mature on August 21, 2032.
Key Points
- New debt securities worth ₹60 crores listed on BSE Debt segment
- Issue details: 6000 securities, face value ₹1 lakh each, issue price ₹1 lakh
- Interest rate: 11.5% per annum paid annually
- Credit rating: ICRA A
- Securities will trade only in dematerialized form
- Tick size: 1 paise
Security Details
- Scrip Code: 977048
- Scrip ID: 115SCNL32
- ISIN: INE836B08301
- Allotment Date: August 21, 2025
- Maturity Date: August 21, 2032
- Interest Payment: Annually from August 21, 2026 to August 21, 2032
Important Dates
- Listing Date: August 22, 2025
- First Interest Payment: August 21, 2026
- Redemption Date: August 21, 2032
Impact Assessment
Routine debt security listing with minimal market impact. The securities provide institutional investors access to ICRA A-rated debt instrument with competitive 11.5% yield.
Impact Justification
Routine debt security listing with limited market impact