Description

BSE announces listing of HDB Financial Services' zero-coupon bonds worth Rs 150 crore with CARE AAA/CRISIL AAA rating, maturing October 2028.

Summary

BSE has listed new zero-coupon debt securities of HDB Financial Services Limited issued through private placement. The securities carry the highest credit rating of AAA from both CARE and CRISIL with stable outlook, comprising 15,000 units at Rs 100,000 face value each, totaling Rs 150 crore.

Key Points

  • 15,000 zero-coupon bonds listed with face value of Rs 100,000 each
  • Total issue size: Rs 150 crore
  • Credit rating: CARE AAA/Stable and CRISIL AAA/Stable
  • Scrip Code: 977071, Scrip ID: ZCHDBFS28
  • ISIN: INE756I07FI1
  • Trading only in dematerialized form with tick size of 1 paise

Regulatory Changes

No regulatory changes announced. Standard listing procedures apply for private placement debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Securities to be traded under the specified ISIN number
  • Tick size compliance of 1 paise must be maintained
  • Placement Memorandum available on BSE website for reference

Important Dates

  • Date of Allotment: September 1, 2025
  • Listing Date: September 2, 2025
  • Maturity Date: October 4, 2028
  • Interest Payment: Not applicable (zero-coupon bond)

Impact Assessment

Minimal market impact expected as this is a routine debt listing through private placement. The AAA rating indicates strong creditworthiness, reducing risk concerns for investors. The zero-coupon structure offers deep discount bonds suitable for institutional investors seeking long-term investments without periodic interest payments.

Impact Justification

Routine debt listing with high credit rating, minimal market impact