Description
BSE lists new debt securities of SRG Housing Finance Limited worth ₹50 crore with 11.52% interest rate and March 2031 maturity.
Summary
BSE has listed new debt securities of SRG Housing Finance Limited issued on private placement basis. The securities have a face value of ₹1,00,000 each with 5,000 units totaling ₹50 crore, carrying 11.52% annual interest with monthly payments and maturing on March 1, 2031.
Key Points
- 5,000 debt securities listed with scrip code 977076
- Face value: ₹1,00,000 per security
- Interest rate: 11.52% per annum paid monthly
- Maturity date: March 1, 2031
- Credit rating: Acuité BBB+
- Securities will trade only in dematerialized form
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE559N07058
- Securities must be traded with tick size of 1 paise
- Trading members can refer to Placement Memorandum for additional details
Important Dates
- Allotment date: August 29, 2025
- Listing effective date: September 4, 2025
- Interest payment: Monthly
- Redemption date: March 1, 2031
Impact Assessment
Minimal market impact as this is a routine private placement listing of debt securities by a housing finance company. The listing provides additional investment options for debt market participants but does not affect broader market operations or equity trading.
Impact Justification
Routine debt security listing with no market-wide impact