Description

BSE announces listing of two new debt securities issued by Shri Ram Finance Corporation Private Limited on private placement basis, effective October 6, 2025.

Summary

BSE has listed and admitted two new debt securities issued by Shri Ram Finance Corporation Private Limited on private placement basis to dealings on the BSE Debt segment effective October 6, 2025. The securities comprise NCDs with face value of Rs. 1,00,000 each, rated ACUITE A/Stable, with interest rates of 9.9% and 10.25% p.a. respectively.

Key Points

  • Two new debt securities listed on BSE Debt segment
  • Issuer: Shri Ram Finance Corporation Private Limited
  • Both securities issued on private placement basis
  • Date of allotment: October 1, 2025
  • Credit rating: ACUITE A/Stable for both securities
  • Face value: Rs. 1,00,000 per unit for both
  • Market lot size: 1 unit
  • Quantities: 2,500 units each
  • Trading only in dematerialized form
  • Tick size: 1 paise

Security Details

Security 1:

  • Scrip Code: 977186
  • Scrip ID: 99SFCPL27
  • ISIN: INE08E807092
  • Interest Rate: 9.9% p.a.
  • Interest Payment: Monthly from November 1, 2025 to November 1, 2027
  • Redemption Date: November 1, 2027
  • Put/Call Option: NA

Security 2:

  • Scrip Code: 977187
  • Scrip ID: 1025SRFC28
  • ISIN: INE08E807100
  • Interest Rate: 10.25% p.a.
  • Interest Payment: Monthly from November 1, 2025 to April 1, 2028
  • Redemption Date: April 1, 2028
  • Put/Call Option: NA

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Members should refer to the Placement Memorandum available at BSE website for further details
  • For clarifications, trading members may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: October 1, 2025
  • Listing Date: October 6, 2025
  • First Interest Payment: November 1, 2025 (both securities)
  • Redemption Date (Security 1): November 1, 2027
  • Redemption Date (Security 2): April 1, 2028

Impact Assessment

This is a routine listing announcement with minimal market-wide impact. The listing affects primarily institutional investors and debt market participants involved in private placement transactions. The securities offer monthly interest payments with competitive rates (9.9% and 10.25% p.a.) for medium-term tenure (2-2.5 years). The ACUITE A/Stable rating indicates adequate safety with moderate credit risk.

Impact Justification

Routine debt security listing announcement for private placement with limited market-wide impact, relevant primarily to debt market participants