Description
BSE announces listing of new debt securities by SHRI RAM FINANCE CORPORATION PRIVATE LIMITED with 13.25% interest rate and 5-year tenure.
Summary
BSE announces the listing of new debt securities issued by SHRI RAM FINANCE CORPORATION PRIVATE LIMITED on private placement basis, effective September 10, 2025. The securities carry a 13.25% annual interest rate with monthly payments and mature on December 9, 2030.
Key Points
- 3,000 debt securities listed with face value of ₹1,00,000 each
- Scrip Code: 977091, ISIN: INE08E808041
- Interest rate: 13.25% per annum paid monthly
- Credit rating: ACUITE A Stable
- Securities tradeable only in dematerialised form
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade these securities only in dematerialised form
- Securities must be traded under the specified ISIN Number INE08E808041
- Trading members can refer to Placement Memorandum for detailed information
Important Dates
- Allotment Date: September 9, 2025
- Listing Date: September 10, 2025
- Interest Payment: Monthly from October 9, 2025 to December 9, 2030
- Redemption Date: December 9, 2030
Impact Assessment
Minimal market impact as this is a routine debt security listing on private placement basis. The securities provide institutional investors with a fixed-income investment option at 13.25% annual return over a 5-year period.
Impact Justification
Routine debt security listing with limited market impact