Description

Listing and admission to trading of Rs. 25 crore of 8.55% privately placed debt securities by Asirvad Microfinance Limited on BSE Debt segment.

Summary

BSE has listed 2,500 units of 8.55% per annum debt securities issued by Asirvad Microfinance Limited on private placement basis, effective October 15, 2025. The securities have been admitted to trading on the BSE Debt segment with ISIN INE516Q08489 and scrip code 977211. The securities carry a CRISIL AA-/Stable rating and mature on October 14, 2027.

Key Points

  • Issuer: Asirvad Microfinance Limited
  • Quantity: 2,500 units
  • Face Value: Rs. 1,00,000 per unit
  • Total Issue Size: Rs. 25 crore
  • Interest Rate: 8.55% per annum
  • Scrip Code: 977211
  • Scrip ID: 855AML27
  • ISIN: INE516Q08489
  • Credit Rating: CRISIL AA-/Stable
  • Date of Allotment: October 14, 2025
  • Trading Mode: Dematerialised form only
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Put/Call Option: Not Applicable

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification following private placement of debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialised form under ISIN INE516Q08489
  • Trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for complete details
  • For clarifications, trading members may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: October 14, 2025
  • Listing Date: October 15, 2025
  • Interest Payment Dates: Annually on October 14, 2026 and October 14, 2027
  • Maturity/Redemption Date: October 14, 2027

Impact Assessment

This is a routine debt security listing with minimal market impact. The listing provides additional fixed-income investment options for debt market participants. With a 2-year tenure and AA- rating, these securities offer relatively secure investment avenue for institutional and high-net-worth investors. The annual interest payment structure provides predictable income streams. Impact is limited to debt segment participants and does not affect equity markets or broader market operations.

Impact Justification

Routine debt security listing notification with limited market-wide impact, affecting only debt segment trading members and investors in Asirvad Microfinance debt instruments