Description

BSE announces listing and admission to trading of new debt securities worth Rs. 59 crore issued by Pradhaan City K R Puram Private Limited on private placement basis.

Summary

BSE has listed new debt securities of Pradhaan City K R Puram Private Limited totaling 5,900 units (Rs. 59 crore) issued on private placement basis. The securities commenced trading on the BSE Debt segment effective September 5, 2025. These are rated ACUITE B+/Stable with 18.5% p.a. interest rate and mature on September 3, 2029.

Key Points

  • Quantity Listed: 5,900 units with face value of Rs. 1,00,000 each (total Rs. 59 crore)
  • Scrip Code: 977087, Scrip ID: 1850PCKR29
  • ISIN: INE1ZL407013
  • Credit Rating: ACUITE B+/Stable
  • Interest Rate: 18.5% per annum payable quarterly
  • Allotment Date: September 3, 2025
  • Maturity Date: September 3, 2029
  • Market Lot: 1 unit
  • Trading: Only in dematerialized form
  • Tick Size: 1 paise
  • No Put/Call options available

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification under existing BSE debt market framework.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE1ZL407013
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for complete details
  • Trading members requiring clarification should contact the debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: September 3, 2025
  • Trading Commencement: September 5, 2025
  • Interest Payment Period: Quarterly from November 30, 2026 to August 31, 2029
  • Redemption Date: September 3, 2029

Impact Assessment

Market Impact: Minimal. This is a routine private placement listing in the debt segment with no impact on equity markets or broad market operations.

Operational Impact: Limited to debt segment trading members who may deal with this issuer. The B+ credit rating indicates moderate credit risk, suitable primarily for informed institutional investors.

Investor Impact: Relevant only for investors interested in high-yield corporate debt with 4-year maturity. The 18.5% interest rate reflects the B+ credit rating and risk profile of the issuer.

Impact Justification

Routine listing announcement for privately placed debt securities with limited market impact; affects only debt segment trading members dealing with this specific issuer