Description
BSE lists new debt securities worth ₹30 crores issued by Shri Ram Finance Corporation Private Limited on private placement basis.
Summary
BSE has listed new debt securities of Shri Ram Finance Corporation Private Limited (SRFCPL) worth ₹30 crores on its Debt segment. The securities carry a 13.25% interest rate and have a 5-year tenure ending December 9, 2030.
Key Points
- Quantity: 3,000 securities with face value of ₹1,00,000 each
- Total issue size: ₹30 crores
- Interest rate: 13.25% per annum paid monthly
- Credit rating: ACUITE A Stable
- Securities will trade only in dematerialized form
- Tick size: 1 paise
Security Details
- Scrip Code: 977091
- Scrip ID: 1325SRFC30
- ISIN: INE08E808041
- Issue Price: ₹1,00,000
- Allotment Date: September 9, 2025
- Redemption Date: December 9, 2030
Important Dates
- Listing Date: September 10, 2025
- Interest Payment: Monthly from October 9, 2025 to December 9, 2030
- Maturity Date: December 9, 2030
Compliance Requirements
- Trading members can trade these securities only in dematerialized form
- Placement Memorandum available on BSE website for detailed terms
- No put/call options available on these securities
Impact Assessment
This is a routine debt security listing with minimal market impact. The securities provide institutional investors access to a medium-term corporate bond with attractive yield in the current interest rate environment.
Impact Justification
Routine debt security listing with limited market impact