Description

BSE announces listing of HDB Financial Services' ₹150 crore zero coupon bonds with AAA rating, maturing October 2028.

Summary

BSE has listed HDB Financial Services Limited’s new zero coupon bonds worth ₹150 crore on the debt segment. The bonds carry dual AAA ratings from CARE and CRISIL with stable outlook, and will mature on October 4, 2028. Trading commenced on September 2, 2025 under scrip code 977071.

Key Points

  • Issue size: 15,000 bonds of ₹1 lakh face value each (total ₹150 crore)
  • Zero coupon bonds with no periodic interest payments
  • Dual AAA rating from CARE and CRISIL with stable outlook
  • ISIN: INE756I07FI1
  • Scrip Code: 977071
  • Trading only in dematerialized form
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes announced. Standard debt listing procedures apply.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Securities to be traded under ISIN INE756I07FI1
  • Placement Memorandum available on BSE website for reference
  • Standard debt segment trading rules apply

Important Dates

  • Allotment Date: September 1, 2025
  • Listing Date: September 2, 2025
  • Maturity Date: October 4, 2028

Impact Assessment

Minimal market impact expected as this is a routine private placement debt listing. The AAA rating indicates high credit quality with low default risk. Zero coupon structure means no periodic cash flows until maturity, suitable for investors seeking capital appreciation rather than regular income.

Impact Justification

Routine debt listing with strong AAA rating, minimal market impact