Description

HDB Financial Services Limited has listed new debt securities on BSE Debt segment with two series of debentures maturing in 2028 and 2035, rated AAA by CARE and CRISIL.

Summary

HDB Financial Services Limited has listed new debt securities on BSE Debt segment effective October 10, 2025. Two series of debentures issued on private placement basis are now available for trading: a 3-year debenture with 7.18% interest rate maturing in 2028, and a 10-year debenture with 7.95% interest rate maturing in 2035. Both securities carry AAA ratings from CARE and CRISIL and will trade only in dematerialized form.

Key Points

  • Two new debt securities of HDB Financial Services Limited listed on BSE Debt segment
  • Series 1: 20,000 debentures (Scrip Code 977031, ISIN INE756I07FH3) with 7.18% p.a. interest, maturing September 22, 2028
  • Series 2: 40,000 debentures (Scrip Code 976817, ISIN INE756I08306) with 7.95% p.a. interest, maturing June 4, 2035
  • Both securities rated CARE AAA/Stable and CRISIL AAA/Stable
  • Face value and paid-up value of Rs. 100,000 per debenture for both series
  • Date of allotment: October 9, 2025
  • Interest payment frequency: Annually for both series
  • Trading in dematerialized form only with tick size of 1 paise
  • No put or call options available

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Members must adhere to the tick size of 1 paise for trading
  • Trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
  • Clarifications can be sought from BSE debt department at contact numbers 22728352/8597/8995/5753/8915

Important Dates

  • October 9, 2025: Date of allotment for both series
  • October 10, 2025: Effective listing date on BSE Debt segment
  • September 22, 2025 to September 22, 2028: Interest payment dates for Series 1 (annually)
  • September 22, 2028: Redemption date for Series 1
  • June 23, 2026 to June 4, 2035: Interest payment dates for Series 2 (annually)
  • June 4, 2035: Redemption date for Series 2

Impact Assessment

This listing has minimal market-wide impact as it pertains to a routine debt security listing on the private placement basis. The impact is limited to:

  • Debt Market Participants: Trading members dealing in debt securities can now trade these instruments
  • Investors: Institutional and qualified investors gain access to AAA-rated fixed income instruments from HDB Financial Services Limited
  • Issuer: HDB Financial Services Limited expands its funding base through debt capital markets
  • Liquidity: Addition of Rs. 200 crore (Series 1) and Rs. 400 crore (Series 2) worth of securities to the debt segment

The AAA rating indicates high credit quality, making these securities attractive for conservative fixed income investors seeking stable returns. The listing does not affect equity markets or broader trading operations.

Impact Justification

Routine debt security listing with no market-wide implications, affects only debt segment trading members and investors in HDB Financial Services debentures