Description

Shriram Finance Limited's new debt securities worth ₹500 crore listed on BSE Debt segment with maturity date of September 29, 2028.

Summary

Shriram Finance Limited has listed new debt securities worth ₹500 crore (50,000 units at ₹1,00,000 face value) on BSE’s Debt segment effective October 6, 2025. The securities were issued on a private placement basis with quarterly interest payments and a maturity date of September 29, 2028. The securities carry credit ratings of CRISIL AA+/STABLE and IND AA+/Stable.

Key Points

  • Quantity: 50,000 units listed
  • Face Value: ₹1,00,000 per unit
  • Total Issue Size: ₹500 crore
  • Scrip Code: 977190
  • Scrip ID: SFL29928
  • ISIN: INE721A07SO3
  • Date of Allotment: October 1, 2025
  • Interest Payment: Quarterly (reset rate)
  • Maturity Date: September 29, 2028
  • Credit Rating: CRISIL AA+/STABLE, IND AA+/Stable
  • Trading: Dematerialized form only
  • Tick Size: 1 paise
  • Market Lot: 1 unit

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE721A07SO3
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for complete details
  • Clarifications can be sought from BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • October 1, 2025: Date of Allotment
  • October 6, 2025: Listing and trading commencement date
  • September 29, 2028: Redemption date
  • Quarterly: Interest payment frequency

Impact Assessment

This listing has minimal market impact as it involves private placement of debt securities. It provides Shriram Finance Limited with additional debt funding for ₹500 crore with a 3-year maturity. The high credit ratings (AA+) indicate strong creditworthiness. There is no impact on equity markets or trading operations beyond routine debt segment activity.

Impact Justification

Routine debt securities listing on private placement basis with no impact on equity trading or broader market operations