Description
BSE announces listing of new debt securities worth Rs. 50 crore issued by Midland Microfin Limited on private placement basis.
Summary
BSE has listed new debt securities of Midland Microfin Limited worth Rs. 50 crore issued on private placement basis. The securities carry 12% interest rate and will mature on November 19, 2026.
Key Points
- New debt securities of Midland Microfin Limited listed on BSE Debt segment
- Issue size: Rs. 50 crore (50,000 securities of Rs. 10,000 each)
- Interest rate: 12% per annum
- Credit rating: ACUITE A-
- Securities will trade only in dematerialized form
- Tick size: 1 paise
Security Details
- Scrip Code: 977047
- Scrip ID: 12MML2026
- ISIN: INE884Q07780
- Face Value: Rs. 10,000
- Issue Price: Rs. 10,000
- Allotment Date: August 21, 2025
- Maturity Date: November 19, 2026
Important Dates
- Allotment Date: August 21, 2025
- Listing Date: August 22, 2025
- Interest Payment: Quarterly from November 19, 2025 to November 19, 2026
- Redemption Date: November 19, 2026
Trading Information
- Trading only in dematerialized form under ISIN INE884Q07780
- Market lot size: 1 security
- Minimum tick size: 1 paise
- No put/call options available
Impact Assessment
This is a routine debt securities listing with minimal market impact. The securities provide institutional investors access to Midland Microfin’s debt instruments with attractive 12% yield and A- credit rating.
Impact Justification
Routine debt securities listing with limited market impact