Description
BSE announces listing of new debt securities issued by Magnetron Aug 2025 on private placement basis with 11.50% interest rate.
Summary
BSE has listed new debt securities of Magnetron Aug 2025 issued on private placement basis effective September 3, 2025. Two series of securities with identical terms have been admitted to trading on the BSE Debt segment.
Key Points
- Two new debt securities listed with scrip codes 977078 and 977079
- Both securities have 11.50% p.a. interest rate with monthly payment
- Face value and issue price of Rs. 10,000 each
- ICRA A(SO) credit rating assigned
- Call option available as per information memorandum
- Securities will trade only in dematerialized form
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form under specified ISIN numbers
- Tick size for securities is 1 paise
- Members should refer to Placement Memorandum for detailed information
Important Dates
- Listing Date: September 3, 2025
- Date of Allotment: August 29, 2025
- Redemption Date: July 28, 2028
- Interest Payment: Monthly
Impact Assessment
Minimal market impact as this is a routine listing of privately placed debt securities. The securities provide institutional investors with a fixed income option at 11.50% annual return over approximately 3-year tenure.
Impact Justification
Routine debt securities listing with no significant market impact