Description
BSE lists new debt securities of Asirvad Microfinance Limited worth ₹75 crore with 8.7% interest rate maturing in 2028.
Summary
BSE has listed new debt securities of Asirvad Microfinance Limited issued on private placement basis. The securities carry 8.7% annual interest rate with face value of ₹1 lakh each, totaling ₹75 crore in issue size.
Key Points
- Quantity: 7,500 securities with market lot of 1
- Face Value: ₹1,00,000 per security
- Interest Rate: 8.7% per annum
- Credit Rating: CRISIL AA-/Stable
- Trading only in dematerialized form
- Tick size: 1 paise
Securities Details
- Scrip Code: 977066
- Scrip ID: 87AML28
- ISIN: INE516Q08455
- Detail Name: AML-8.7%-29-8-28-PVT
- Issue Price: ₹1,00,000
- Date of Allotment: August 29, 2025
Important Dates
- Listing Date: September 1, 2025
- Interest Payment: Annually from August 29, 2026 to August 29, 2028
- Redemption Date: August 29, 2028
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Refer to Placement Memorandum available on BSE website for detailed terms
- Contact BSE debt department for clarifications
Impact Assessment
Routine debt listing with minimal market impact. Provides additional investment option for institutional investors in microfinance sector with AA- rated security.
Impact Justification
Routine debt listing with no market-wide impact