Description

BSE announces listing of ₹59 crore debt securities by Pradhaan City K R Puram Private Limited with 18.5% interest rate and 4-year maturity.

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% interest rate and mature on September 3, 2029.

Key Points

  • Quantity: 5,900 securities
  • Face Value: ₹1,00,000 per security
  • Total Issue Size: ₹59 crore
  • Interest Rate: 18.5% per annum (quarterly payment)
  • Credit Rating: ACUITE B+/Stable
  • ISIN: INE1ZL407013
  • Scrip Code: 977087

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Securities will trade only in dematerialized form
  • Tick size for trading is 1 paise
  • Trading members can refer to Placement Memorandum for additional details

Important Dates

  • Date of Allotment: September 3, 2025
  • Interest Payment: Quarterly from November 30, 2026 to August 31, 2029
  • Maturity Date: September 3, 2029
  • Trading Start Date: September 5, 2025

Impact Assessment

Minimal market impact as this is a routine private placement listing of a real estate company’s debt securities. The high interest rate (18.5%) reflects the B+ credit rating and private nature of the issuer.

Impact Justification

Routine debt listing of private company with limited market impact