Description
BSE lists new debt securities worth Rs. 59 crores issued by Pradhaan City K R Puram Private Limited on private placement basis with 18.5% interest rate.
Summary
BSE has listed new debt securities of Pradhaan City K R Puram Private Limited issued on private placement basis. The securities carry an 18.5% per annum interest rate with quarterly payments and mature on September 3, 2029.
Key Points
- Quantity: 5,900 securities with face value of Rs. 1,00,000 each
- Total issue size: Rs. 59 crores
- Interest rate: 18.5% per annum paid quarterly
- Credit rating: ACUITE B+/Stable
- ISIN: INE1ZL407013
- Scrip Code: 977087
- Trading in dematerialized form only
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Securities to be traded under specified ISIN number
- Reference to placement memorandum available on BSE website for detailed terms
Important Dates
- Date of allotment: September 3, 2025
- Interest payment dates: Quarterly from November 30, 2026 to August 31, 2029
- Maturity date: September 3, 2029
- Listing effective: September 5, 2025
Impact Assessment
Minimal market impact as this is a routine private placement debt listing. The high interest rate (18.5%) reflects the B+ credit rating of the issuer. Limited to debt segment trading with no impact on equity markets.
Impact Justification
Routine debt security listing with limited market impact