Description

HDB Financial Services Limited has listed new debt securities totaling 60,000 debentures across two ISINs with tenures ranging from 2028 to 2035, rated AAA by CARE and CRISIL.

Summary

BSE has listed new debt securities of HDB Financial Services Limited issued on private placement basis, effective October 10, 2025. The listing comprises 60,000 debentures across two ISINs with face value of Rs. 1,00,000 each, carrying AAA ratings from CARE and CRISIL. Securities will trade only in dematerialized form on BSE Debt segment.

Key Points

  • First Security (ISIN: INE756I07FH3): 20,000 debentures at 7.18% p.a. interest, maturing September 22, 2028
  • Second Security (ISIN: INE756I08306): 40,000 debentures at 7.95% p.a. interest, maturing June 4, 2035
  • Both securities allotted on October 9, 2025
  • Market lot size: 1 unit for both securities
  • Credit ratings: CARE AAA/Stable and CRISIL AAA/Stable for both issues
  • Tick size: 1 paise
  • Trading permitted only in dematerialized form
  • No put/call options available

Security Details

Security 1 (Scrip Code: 977031)

  • Scrip ID: 718HDBFS28
  • Quantity: 20,000 units
  • Face Value: Rs. 1,00,000
  • Issue Price: Rs. 99,791.90
  • Coupon Rate: 7.18% per annum
  • Interest Payment: Annually from September 22, 2025 to September 22, 2028
  • Redemption Date: September 22, 2028

Security 2 (Scrip Code: 976817)

  • Scrip ID: 795HDBFS35
  • Quantity: 40,000 units
  • Face Value: Rs. 1,00,000
  • Issue Price: Rs. 99,861.9125
  • Coupon Rate: 7.95% per annum
  • Interest Payment: Annually from June 23, 2026 to June 4, 2035
  • Redemption Date: June 4, 2035

Regulatory Changes

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

Compliance Requirements

  • Trading members must note that securities trade only in dematerialized form under specified ISIN numbers
  • Members should refer to Placement Memorandum available at BSE’s debt memorandum section for complete details
  • Queries may be directed to BSE debt department at contact numbers: 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: October 9, 2025
  • Listing Date: October 10, 2025
  • First Interest Payment (Security 1): September 22, 2025
  • First Interest Payment (Security 2): June 23, 2026
  • Redemption Date (Security 1): September 22, 2028
  • Redemption Date (Security 2): June 4, 2035

Impact Assessment

Minimal market impact. This is a routine debt security listing notification for institutional investors. The securities are further listings under existing ISINs, indicating continuation of HDB Financial Services’ debt issuance program. The AAA ratings reflect strong creditworthiness. No impact on equity markets or retail investors. Trading members are informed for operational awareness only.

Impact Justification

Routine debt security listing with no impact on equity markets or trading members beyond informational awareness