Description

BSE announces listing of 26,000 debt securities (17.25% p.a.) issued by CONMIN Projects India Private Limited on private placement basis, with maturity on September 30, 2030.

Summary

BSE has listed and admitted new debt securities of CONMIN PROJECTS INDIA PRIVATE LIMITED to trading on the Debt segment effective October 10, 2025. The securities were issued on private placement basis with a face value of Rs. 100,000 per unit, carrying an interest rate of 17.25% per annum with quarterly interest payments until maturity on September 30, 2030.

Key Points

  • Quantity Listed: 26,000 securities
  • Scrip Code: 977192
  • Scrip ID: 1725CPPL30
  • ISIN: INE2FR407010
  • Face/Paidup/Issue Value: Rs. 100,000 per unit
  • Interest Rate: 17.25% per annum (paid quarterly)
  • Credit Rating: CARE B Stable
  • Date of Allotment: October 9, 2025
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Trading Mode: Dematerialized form only

Regulatory Changes

No regulatory changes. 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 INE2FR407010
  • Members must adhere to the tick size of 1 paise
  • Members should refer to the Placement Memorandum available at BSE’s debt memorandum portal for complete details
  • Contact BSE debt department (22728352/8597/8995/5753/8915) for clarifications

Important Dates

  • Listing Date: October 10, 2025
  • Allotment Date: October 9, 2025
  • Interest Payment Period: Quarterly from September 30, 2026 to September 30, 2030
  • Redemption Date: September 30, 2030
  • Put/Call Option: Not Applicable

Impact Assessment

Market Impact: Low. This is a routine private placement debt listing with limited market-wide significance. The securities are rated CARE B Stable, indicating substantial credit risk and below-investment grade status.

Investor Impact: Limited to institutional and qualified investors participating in private debt markets. The high interest rate (17.25% p.a.) reflects the elevated credit risk associated with the B rating.

Operational Impact: Minimal. Standard debt segment listing requiring no special trading arrangements beyond normal dematerialized trading procedures.

Impact Justification

Routine debt security listing with low credit rating (CARE B Stable), limited market impact for general investors, affects only debt segment participants