Description
BSE announces listing of ₹175 crore debt securities by Total Environment Resorts Private Limited with 13.53% interest rate, maturing in 2028.
Summary
BSE has listed new debt securities worth ₹175 crore issued by Total Environment Resorts Private Limited (TERPL) on private placement basis. The securities carry a 13.53% annual interest rate with monthly payments and will mature on August 31, 2028. The bonds have been rated CRISIL BBB-/Stable.
Key Points
- Total issue size: 17,500 units at ₹1,00,000 face value each (₹175 crore total)
- Interest rate: 13.53% per annum paid monthly
- Maturity date: August 31, 2028
- Credit rating: CRISIL BBB-/Stable
- Scrip code: 977072
- ISIN: INE06BX07013
- Trading in dematerialized form only
Regulatory Changes
No regulatory changes announced. Standard listing procedures apply.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Tick size for trading is 1 paise
- Market lot size is 1 unit
- Placement memorandum available on BSE website for detailed terms
Important Dates
- Allotment date: August 29, 2025
- Listing date: September 2, 2025
- Interest payment: Monthly
- Redemption date: August 31, 2028
Impact Assessment
Minimal market impact as this is a private placement debt issuance. The securities provide institutional investors with a fixed-income investment option at 13.53% annual yield. The BBB- rating indicates moderate credit risk. No put/call options available, suggesting investors must hold until maturity or trade in secondary market.
Impact Justification
Routine debt listing with limited market impact, affects only institutional investors in private placement