Description
BSE announces listing of 3,000 secured redeemable non-convertible debentures issued by Keertana Finserv Limited on private placement basis, effective October 8, 2025.
Summary
BSE notifies trading members of the listing of new debt securities issued by Keertana Finserv Limited on private placement basis. The securities are listed on the BSE Debt segment effective October 8, 2025. The issue comprises 3,000 secured redeemable non-convertible debentures with an 11.2% annual interest rate, maturing on December 11, 2026.
Key Points
- Quantity: 3,000 debentures
- Scrip Code: 976776, Scrip ID: 112KFL26
- ISIN: INE0NES07188 (Further listings under same ISIN)
- Face Value: Rs. 100,000 per debenture
- Issue Price: Rs. 99,846.58
- Credit Rating: IND BBB+/Stable
- Market Lot: 1
- Trading only in dematerialized form
- Tick size: 1 paise
- No put/call options available
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE0NES07188
- Members should refer to the Placement Memorandum available on BSE website for further details
- For clarifications, contact BSE debt department at 22728352/8597/8995/5753/8915
Important Dates
- Date of Allotment: October 6, 2025
- Listing Date: October 8, 2025
- Interest Payment Period: Monthly from July 11, 2025 to December 11, 2026
- Redemption Date: December 11, 2026
Impact Assessment
Minimal market impact as this is a routine private placement listing of a limited quantity of debt securities by Keertana Finserv Limited. The listing provides additional trading opportunities in the debt segment but does not affect broader market operations or equity trading. Only relevant to debt market participants and investors interested in BBB+ rated corporate bonds with monthly interest payments.
Impact Justification
Routine debt listing of limited quantity (3,000 NCDs) by a private finance company with no broader market impact