Description
BSE announces listing of new debt securities worth Rs. 60 crores by Satin Creditcare Network Limited on private placement basis.
Summary
BSE has listed new debt securities of SATIN CREDITCARE NETWORK LIMITED issued on private placement basis. The securities carry 11.5% interest rate and mature in 2032.
Key Points
- Quantity: 6,000 securities with face value of Rs. 1,00,000 each
- Total issue size: Rs. 60 crores
- Interest rate: 11.5% per annum
- Credit rating: ICRA A
- Scrip code: 977048
- ISIN: INE836B08301
- Trading starts effective August 22, 2025
Security Details
- Issue Date: August 21, 2025
- Maturity Date: August 21, 2032
- Interest Payment: Annually from August 21, 2026 to August 21, 2032
- Market Lot: 1 security
- Tick Size: 1 paise
- Trading Mode: Dematerialized form only
Compliance Requirements
- Securities will trade only in dematerialized form under ISIN INE836B08301
- Trading members can refer to Placement Memorandum on BSE website for detailed terms
- No put/call options available
Important Dates
- Allotment Date: August 21, 2025
- Listing Date: August 22, 2025
- First Interest Payment: August 21, 2026
- Maturity Date: August 21, 2032
Impact Assessment
Routine debt securities listing with minimal market impact. Provides additional funding avenue for Satin Creditcare Network Limited at competitive interest rates.
Impact Justification
Routine debt securities listing with limited market impact