Description
SK Finance Limited has listed new debt securities worth Rs. 25 crore on BSE Debt segment with 9.10% interest rate and maturity date of 09/10/2028.
Summary
SK Finance Limited has listed new debt securities on BSE Debt segment effective October 10, 2025. The securities were issued on private placement basis with a quantity of 25,000 units at face value of Rs. 1,00,000 each, carrying an interest rate of 9.10% per annum with ICRA AA-/STABLE credit rating.
Key Points
- Scrip Code: 977195
- Scrip ID: 910SKFL28
- ISIN: INE124N07770
- Quantity: 25,000 units
- Face Value: Rs. 1,00,000 per unit
- Issue Price: Rs. 1,00,050 per unit
- Total Issue Size: Approximately Rs. 25 crore
- Interest Rate: 9.10% per annum (paid annually)
- Credit Rating: ICRA AA-/STABLE
- Market Lot: 1 unit
- Tick Size: 1 paise
- Trading: Dematerialised form only
- No Put/Call option available
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialised form under ISIN INE124N07770
- Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
- For clarifications, trading members may contact BSE debt department at 22728352/8597/8995/5753/8915
Important Dates
- Date of Allotment: October 09, 2025
- Listing Date: October 10, 2025
- Interest Payment: Annually
- Maturity/Redemption Date: October 09, 2028
Impact Assessment
This is a routine debt security listing with minimal market-wide impact. The listing provides SK Finance Limited access to debt capital markets and offers institutional investors an investment option with AA- credit rating. The private placement nature indicates limited retail investor participation. Trading members should note the high face value (Rs. 1 lakh per unit) which typically restricts participation to institutional and high net-worth investors.
Impact Justification
Routine debt security listing on private placement basis with limited market-wide impact