Description

BSE announces listing of 1,860 zero-coupon debentures issued by Aliens Developers Private Limited on private placement basis, effective October 8, 2025.

Summary

BSE has listed new debt securities of Aliens Developers Private Limited on its Debt segment effective October 8, 2025. The company issued 1,860 zero-coupon secured redeemable non-convertible debentures on a private placement basis with a face value of Rs. 100,000 each.

Key Points

  • Quantity Listed: 1,860 debentures
  • Scrip Code: 975438
  • Scrip ID: 0ADPL27
  • ISIN: INE223Y07025 (further listings under same ISIN)
  • Face Value: Rs. 100,000 per debenture
  • Issue Price: Rs. 100,000 per debenture
  • Market Lot: 1 unit
  • Credit Rating: IND D
  • Type: Zero-coupon debentures (no periodic interest payments)
  • Trading Mode: Dematerialized form only
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for privately placed debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE223Y07025
  • Members should refer to the Placement Memorandum available at: https://www.bseindia.com/markets/debt/memorandum_data.aspx
  • For clarifications, trading members can contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: September 30, 2025
  • Listing Date: October 8, 2025
  • Redemption Date: August 26, 2027
  • Interest Payment Dates: Not applicable (zero-coupon instrument)

Impact Assessment

Market Impact: Minimal. This is a routine listing of privately placed debt securities with a low credit rating (IND D) indicating substantial default risk. The securities are zero-coupon instruments with no put/call options, limiting their appeal to specialized investors. The total issue size of Rs. 18.6 crore (1,860 × Rs. 100,000) represents a small debt issuance unlikely to impact broader market dynamics. Trading will be restricted to dematerialized form only, affecting only specialized debt market participants.

Impact Justification

Routine listing of private placement debt securities with IND D credit rating, affecting limited market participants